A quick look at the first 5 projects of the Walmart and Outlier Ventures accelerators

Written by: Golden Finance 0xjs

On October 25, 2023, the Store N°8 dCommerce Base Camp accelerator, a partnership between Outlier Ventures and Store N°8, the incubation arm of Walmart Inc., announced the first batch of 5 projects: HypeLab, Reveel, Tide Protocol, Tokenguard, and Unblock.

The Store n°8 dCommerce Base Camp accelerator selected five startups from hundreds of applicants. They focus on building in Web3 to provide decentralized solutions that improve the global retail and commerce experience for consumers. These companies are focused on the payment experience, improving data and analytics capabilities, and supporting Web3-native methods to build and retain user bases.

It is reported that Store N°8 is the incubation arm of Walmart and a core component of Walmart's overall innovation strategy. The mission of the N°8 store is to shape the future of commerce and help Walmart leapfrog its customers and industry. The Store N°8 dCommerce Base Camp accelerator is a collaboration between Outlier Ventures and Store N°8.

The five companies will participate in a 12-week virtual acceleration program. In addition, they will receive hands-on guidance from KPMG US and Synergis Capital to help them prepare for success in business and future fundraising. VC Synergis Capital will provide a $200,000 investment for each team, and KPMG US can act as a corporate advisor to these startups.

Five Project Quick Facts:

HypeLab：

Hailing from the United States, HypeLab's goal is to make advertising simple.

HypeLab is the fastest-growing Web3 ad network. It works with advertisers to help acquire web3 users and with publishers to help them monetize their platforms.

Reveel：

Hailing from the United States, Reveel aims to be a payments infrastructure for a collaborative economy.

Reveel provides programmable payments infrastructure for the collaborative economy. Reveel's suite of products enables automated payment processes and frictionless transactions between parties.

Tide Protocol：

Hailing from Italy, Tide aims to be a one-stop platform for effectively marketing web3 projects.

Tide represents a next-generation Web3 marketing suite designed to help businesses acquire and retain customers through on-chain activity and advanced analytics.

Tokenguard：

Hailing from Poland, Tokenguard aims to spark Web3 growth through on-chain insights.

More than 20,000 active Web3 projects do not have access to the data of 400 million cryptocurrency users. Tokenguard is an easy-to-use tool that allows Web3 creators to track, analyze, and understand their users. Tokenguard takes the guesswork out of the complex Web3 world and translates the complexities of the Web3 world, enabling creators to develop winning marketing strategies and implement marketable features.

Unblock：

Hailing from the UK, Unblock's API infrastructure supports business payments in the Web3 economy.

Unblock's mission is to revolutionize the way people interact with and adopt Web3 applications and digital assets. Allows seamless transfers between users' fiat bank accounts and on-chain wallets. Unblock offers a near-zero failure rate, a transfer speed of less than 20 seconds, and transaction fees starting at 0.5%. Our platform includes more features and is available to businesses, individuals, and other applications via a white-label API.