The second edition of the international acceleration program "Metaverse 4 Finance" - promoted by Sella Group and implemented by its Venture Incubator dpixel with the support of OGR Torino - which searches for and supports Italian and foreign startups capable of developing innovative solutions and technologies, in the area of metaverse applied to finance, is starting.
The program's goal is to identify and accelerate startups with decentralized-native technologies based on blockchain, hybrid applications to bring the benefits of web3 to enterprises and optimize infrastructure and user experiences, and "as-a-service" solutions that can redesign legacy applications based on web3 and blockchain principles.
Four application areas of "Metaverse 4 Finance":
- Tech - focused on technology solutions and decentralized infrastructure based on "low coding," digital identity, security by design, interoperability and artificial intelligence;
- Legal and Data - focused on on-chain data analytics, tax reporting and compliance;
- Products and Services - dedicated to AI solutions for aggregated portfolio management, augmented and virtual reality in B2B and retail, "blockchain as-a-service" solutions and business models centered on NFT and tokenomics systems;
- Banking - aimed at solutions that support the transition from web2 to web3, overcoming technological complexity to benefit the end-customer user experience.
Audience
"Metaverse 4 Finance" is aimed at domestic and international startups, operating in web3, which are asked to meet a number of requirements, including a defined core team, a clear value proposition, a prototype ready for market launch within 6-10 months and a technology maturity level greater than or equal to TRL 6.
The phases and investment
The initiative is divided into 4 phases and will take place over a period of 6 months: an initial phase of scouting & selection during which the best startups will be selected, which will be followed by a second phase of business acceleration to support the business plan and identify the 10 best realities.
There will then be the phase of technical validation of the products and solutions for the selected startups before moving on to matchmaking which includes the possibility of integrating the innovations developed within the processes of companies operating in the sector. The five best accelerated startups will receive an investment of 100,000 euros each from dpixel.
The novelty of the second edition of "Metaverse 4 Finance" concerns the involvement of international partners - such as metaverse factories, legal and compliance firms, community web3, tech companies specializing in decentralized finance solutions based on layer 2 protocols - who can provide startups with the tools, expertise and support needed to accelerate their go-to-market.
The first edition of the recently concluded initiative had 117 applications from 26 countries and final investment in 4 startups from the US, UK, Romania and Switzerland.
(Source: press release Sella Group)
