The Lumos Labs Hatch Accelerator is a program dedicated to fostering the growth of early-stage Web3 startups in India. Run by Lumos Labs, a Singapore-based innovation management firm, the accelerator is designed to identify and support promising projects that are building the next generation of decentralized applications.
The four-month program provides a comprehensive support system for participating startups. This includes mentorship from industry experts, a series of workshops covering various aspects of business and technology, and access to a wide network of investors and partners. The primary goal of the accelerator is to help these startups refine their products, achieve product-market fit, and scale their operations in the competitive Web3 landscape.
The Hatch Accelerator is a direct collaboration between Lumos Labs and the HederaHBAR Foundation, and it is specifically focused on expanding the Hedera ecosystem. The HederaHBAR Foundation provides the grant funding for the accelerator, demonstrating a significant commitment to nurturing the developer community and driving the adoption of the Hedera network in the rapidly growing Indian Web3 market.
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Trustury, developed by Meeco, is a specialized platform designed to enhance the transparency and auditability of tokenized assets on the Hedera blockchain network, particularly those focused on environmental, social, and governance (ESG) criteria. It functions as an open-source interface that enables users to manage, visualize, and securely share trusted information associated with tokens and decentralized identifiers (DIDs) on the Hedera network. The platform's primary role is to support the growth and adoption of Hedera's Guardian, a modular open-source solution for creating highly auditable and compliant tokenization workflows.
It provides a public-facing dashboard or "explorer" that displays tokens from across the Hedera ecosystem, allowing stakeholders to drill down into a token’s provenance and verify its adherence to specific standards or policies, such as ESG requirements.
Trustury integrates deeply with Hedera's native services, using the Hedera Token Service (HTS) to fetch token details and its DID method for identity management. By providing clear visualization tools and a consistent mechanism for users to interact with Guardian-based assets, Trustury serves as essential infrastructure for building trusted, auditable, and sustainable digital economies on Hedera.
Hashport is an interoperability solution designed to connect the Hedera network with other major blockchain ecosystems and enable the transfer of digital assets across distributed ledgers. It functions as a public utility, facilitating bidirectional token bridging, which allows users to move assets from one network to another.
The platform supports connections between the Hedera blockchain network and other prominent blockchains such as Ethereum, Polygon, and BNB Chain. The process involves users locking their original assets on the source chain to facilitate “porting” of newly-minted, wrapped versions of the original asset to the destination chain. Upon retrieval, the ported asset version is burned on the destination network thus unlocking the original tokens on their native chain.
Hashport utilizes a consortium of independent and reputable validators verify and authorize transactions in order to ensure end-to-end security. These validators monitor events on the connected chains to ensure the integrity of the bridging process. By enabling seamless cross-chain transfers, Hashport plays a vital role in expanding the reach of decentralized applications (dApps) and assets within the Hedera ecosystem.
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Accubits is a full-service software provider founded in 2012. It specialises in leveraging cutting-edge technologies such as AI and blockchain to help a wide range of clients, from startups to Fortune 500 companies, accelerate their business growth.
Accubits offers a comprehensive suite of services, including AI development, custom software creation, and blockchain solutions. The company has a proven track record of delivering enterprise-grade applications, such as AI-powered conversational tools, data analytics systems, and blockchain-based platforms for supply chain management and digital identity.
The company is an official technology partner and systems integrator for Hedera and, as such, provides a full spectrum of development services for building and deploying decentralised applications (dApps) on the network. This includes custom dApp development, smart contract creation and auditing, and the tokenization of assets using the Hedera Token Service (HTS). This partnership allows Accubits to offer its clients the benefits of Hedera's high-throughput, low-cost, and secure infrastructure, further driving the adoption of enterprise-grade Web3 solutions.
Momental is a Web3 platform specializing in creating dynamic, data-driven digital collectibles, described as "Living NFTs." The company partners with sports teams, athletes, and brands to transform key moments into evolving digital assets. Unlike static NFTs, Momental’s collectibles are designed to change their appearance and metadata over time based on real-world events and data streams.
The platform is built on the Hedera network, utilizing its unique capabilities to power these dynamic assets. For example, a digital trading card of an athlete, minted as an NFT on the Hedera Token Service (HTS), can automatically update to reflect their latest game statistics, career achievements, or even video highlights. The Hedera Consensus Service (HCS) is used to ingest and provide a transparent, tamper-proof record of the real-world data feeds that trigger these updates. This ensures the authenticity and verifiable history of each change to the "Living NFT."
Through partnerships with organizations such as the SSU rugby team in South Africa, Momental provides a novel way for fans to own a piece of their favorite team's journey.