RAIR Technologies, an open-source platform for building decentralized Web3 applications, has earned a place in the Denarii Labs Accelerator. This competitive program focuses on guiding early-stage Web3 companies in developing and optimizing their tokenomics.
The 12-week accelerator program, spearheaded by RedBeard Ventures and backed by advisory firms like Futureverse, offers RAIR Technologies a unique opportunity. It will provide strategic mentorship and guidance as the company strengthens its core technology and token models. Denarii Labs is renowned for its expertise in supporting tokenomics and launch strategies for Web3 startups, ensuring business models align with token structures to drive sustainable growth.
The selection process for this accelerator is highly competitive, ensuring only the most promising Web3 companies are chosen. RAIR Technologies will utilize this opportunity to refine the tokenomics of its RAIRprotocol. This tool facilitates decentralized application development, asset creation, and royalty tracking.
Ed Prado, CEO of RAIR Technologies, expressed his enthusiasm about joining the program. “We couldn’t be more proud to be accepted into this unique and elite program for the Web3 industry,” he stated. “Denarii Labs will allow us to drill down on our tokenomics before we significantly expand both the technology and our partner base.”
RAIR’s acceptance into the Denarii Labs Accelerator arrives at a critical juncture. The company is poised to raise additional funding and explore new partnerships. With mentorship from industry leaders like Coinbase Global Inc, GSR, and Omniscia, along with legal guidance from Fenwick & West, RAIR Technologies will concentrate on refining its business model and investor readiness.
Prior to this, RAIR Technologies participated in Sony’s accelerator program, leading to a partnership with Soneium, Sony’s blockchain initiative. These topics will be explored in depth at Benzinga’s Future of Digital Assets event on November 19th. Industry experts will engage in discussions surrounding the future of Web3, blockchain innovation, and tokenomics within the decentralized economy.
