Cronos (CRO) Accelerator Demo Day Spotlights Emerging Crypto Innovations

Highlights
from
Cronos
(CRO)
Accelerator
Demo
Day

As
the
third
cohort
of
the
Cronos
accelerator
concludes,
the
$100M-backed
program
has
showcased
some
of
the
most
promising
early-stage
crypto
projects
building
on
the
Cronos
platform.
According
to
a

post
on
the
Cronos
blog,
these
projects
have
been
provided
with
networking,
mentorship,
and
funding
opportunities.

The
third
cohort
saw
a
57%
increase
in
applications
compared
to
its
predecessor.
Among
the
applicants,
Cronos
Labs
shortlisted
seven
ambitious
projects,
five
of
which
were
presented
at
the
recent
demo
day.
These
include
LILLIUS,
Innerworks,
Securd,
Reax,
and
Newwit.

Spotlight
on
the
Startups

LILLIUS
is
a
pioneering
platform
that
merges
sports
training
with
the
thrill
of
gaming
through
advanced
AI
motion
detection.
It
offers
personalized
workouts
and
real-time
feedback,
making
daily
training
not
just
rewarding
but
truly
enjoyable.

Innerworks
is
revolutionizing
digital
authentication
through
its
innovative
use
of
AI
and
blockchain
technologies.
It
offers
a
novel
method
for
bot
detection
and
seamless
authentication,
eliminating
the
need
for
CAPTCHAs
and
two-factor
authentication.

Securd,
the
next-generation
lending
protocol,
is
designed
to
offer
safe
passive
income
to
asset
holders.
It
leverages
collateralized
positions
in
DeFi
to
minimize
liquidation
risks
and
align
market
risks
with
investor
profiles.

Reax
is
pioneering
the
DeFi
landscape
with
its
cross-chain
synthetics
protocol.
It
enables
access
to
over
500
real-world
assets,
including
cryptocurrencies,
forex,
stocks,
and
commodities,
facilitating
a
diverse
range
of
DeFi
derivatives.

Newwit
is
a
groundbreaking
Web3
application
that
gamifies
the
prediction
process,
allowing
users
to
forecast
outcomes
in
diverse
fields
such
as
crypto,
sports,
and
more.
It
rewards
users
for
their
insights,
which
also
help
train
its
sophisticated
AI
prediction
models.

Looking
Ahead

As
the
third
cohort
of
the
Cronos
Labs
Accelerator
Program
concludes,
the
focus
is
on
the
continued
success
of
these
showcased
startups.
The
accelerator
is
always
seeking
new
projects
that
can
drive
innovation
in
the
crypto
ecosystem.
Interested
parties
are
encouraged
to
keep
an
eye
out
for
updates
on
the
Cronos
Twitter
and
consider
applying
to
one
of
the
upcoming
initiatives.

Image
source:
Shutterstock

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