Outlier Ventures, a prominent Web3 accelerator, has recently announced a strategic partnership. The platform has partnered with Morgan Creek Digital, an early-phase investor dealing with digital assets and blockchain technology, to initiate an innovative accelerator project within the Latin American zone. Morgan Creek Digital will back the project as its venture partner. Additionally, the selected teams will obtain nearly $200K in capital investment apart from the mentorship during the project.

Morgan Creek Digital and Outlier Ventures’ New Collaboration Set to Start LATAM Accelerator Project

The project reportedly focuses on detecting and backing the brightest and finest Web3 ventures in the LATAM region. This denotes the mutual commitment of Morgan Creek Digital and Outlier Ventures to promoting technological innovation and entrepreneurial growth. The virtual project will commence in September this to last for up to twelve weeks. The project will operate in Portuguese, Spanish, and English.

In the previous years, the LATAM-based Web3 ecosystem has experienced a huge transformation. It took into account swift advancements as well as surging blockchain adoption. Outlier Ventures is starting the base camp project in LATAM to particularly back a group of the prominent Web3 ventures running in the region. Applications are reportedly opening today. Keeping that in view, Morgan Creek Digital and Outlier Ventures pursue the detection as well as collaboration with ventures.

The Initiative Will Back Web3 Ventures in the LATAM Zone

For this, considerable attention would be provided to the startups that develop solutions to drive financial and technological innovation. Outlier Ventures’ Chief Growth Officer Benjamin Meyer also commented on this development. The executive expressed excitement for the commencement of the earliest accelerator project to work in LATAM.

He added that the LATAM zone is swarming with innovation and entrepreneurial spirit. Hence, the company is reportedly thrilled to scale and back the upcoming generation of the leaders in Web3. He asserted that this collaboration would let Outlier Ventures achieve significant success in the future.

Morgan Creek Digital’s Managing Partner “Mark Yusko” said that this collaboration will deepen to establish an accelerator project to facilitate Web3 founders across Latin America. According to him, this would address the regional challenges along with opportunities for them.