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Coinbase Backs UK Web3 Accelerator—Because Even Crypto Needs a Little Help Sometimes
Coinbase Backs UK Web3 Accelerator—Because Even Crypto Needs a Little Help Sometimes
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Founders Factory teams up with Coinbase and others to launch a London-based Web3 accelerator. Because nothing says ’decentralized future’ like institutional money propping up the space.
The Players:
Crypto exchange giant Coinbase joins forces with Founders Factory—a startup studio that’s built more ventures than your average ICO rug-pull.
The Pitch:
The program promises funding, mentorship, and ’access to networks’—because in Web3, it’s still about who you know (and who’s willing to write a check).
The Punchline:
Another accelerator enters the fray, betting that the UK’s regulatory limbo won’t scare off builders. Meanwhile, traditional VCs still can’t decide if Web3 is the next big thing or just a very elaborate tax write-off.
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