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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OKX, previously, Okcoin, is a prominent global cryptocurrency exchange and Web3 technology company headquartered in Seychelles. It serves over 60 million users worldwide and is known for its extensive range of digital assets.
The OKX platform supports trading for over 350 cryptocurrencies with numerous trading pairs and offers a comprehensive suite of services catering including spot, margin, and advanced derivatives trading such as futures with up to 125X leverage, perpetual swaps, and options.
Beyond its centralized exchange, OKX has significantly expanded into the Web3 space with its versatile OKX Wallet, a multi-chain self-custody wallet with support for decentralized applications (DApps), non-fungible tokens (NFTs), and a decentralized exchange (DEX) aggregator.
OKX also provides a growth platform for cryptocurrency holdings through its "OKX Earn" program which offers staking and savings products alongside automated trading via its artificial intelligence-powered automated trading bots.
It has its own native utility token, OKB, which provides users with trading fee discounts and access to exclusive platform features. Additionally, OKX has developed its own Layer 2 network, X Layer (formerly OKC Chain), a ZK-powered chain designed to enhance scalability and interoperability within its ecosystem, using OKB as the native gas token.
Otrafy is a technology company developing a platform to streamline and automate supply chain management, with a strong focus on food safety and compliance. Its mission is to create a more transparent and efficient supply chain by providing a centralized system for managing documents, tracking products, and collaborating with suppliers.
The core of Otrafy's offering is its supplier management platform. This service provides a suite of tools that allow businesses to automate the collection and verification of supplier documents, ensuring that all suppliers meet the necessary compliance and quality standards. Key features of the platform include automated document requests, real-time tracking of supplier compliance, and a centralized repository for all supply chain data.
Otrafy uses the Hedera Consensus Service (HCS) to create an immutable and auditable record of all supply chain events, from the initial sourcing of raw materials to the final delivery of finished goods. This provides a "single source of truth" for all stakeholders in the supply chain, enhancing transparency and traceability.
Slime World is a play-to-earn (P2E) mobile game developed by NADA Digital. It’s the flagship title published under Hedera Guild Games and is available on Android and iOS. The game leverages the Hedera blockchain platform's speed, low transaction fees, and carbon-negative footprint to offer an engaging blockchain gaming experience where players collect and nurture pets called "Slimes" to protect their world and defend against the encroaching "Dark Slimes."
Players complete quests and embark on adventures to earn in-game currency called "Orichalcon" through various activities. The Orichalon can be exchanged for the Hedera Guild Games (HGG) token (formerly NADA Protocol token) a utility token based on the Hedera blockchain. It can be used within the game for upgrading player’s Slimes, purchasing items to aid in adventures, and creating unique Slime NFTs that can be collected and traded via an in-game marketplace.
Gameplay centers around a strategic tower defense-style "infinite mode" where players take on waves of enemies and a "PVP arena mode" wherein players battle one another using their owned or rented Slime NFTs.
Slime World also features mini-games such as "Super Jump" and "Road Crossing," a roulette system for rewards, enhanced social features including user profiles and global chat, and a built-in multi-staking service for HGG tokens.
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Identity Snap, developed by Tuum Technologies, is an open-source plugin that extends the functionality of MetaMask to include support for decentralized identifiers (DIDs) and verifiable credentials (VCs). This transforms MetaMask into a DID wallet, allowing users to manage their digital identities in a secure and self-sovereign manner.
The core of the Identity Snap service is its ability to create, manage, and verify DIDs and VCs directly within the MetaMask interface. It supports multiple DID methods, including did:pkh, did:key, and did:hedera, giving users a range of options for creating and controlling their digital identities. Key features include the ability to resolve DIDs to their corresponding DID documents, create and save VCs, and generate verifiable presentations (VPs) for sharing with other parties.
Identity Snap's did:hedera method allows users to anchor their digital identities on the Hedera public ledger, taking advantage of its high throughput, low fees, and robust security. The Hedera Consensus Service (HCS) is used to create a transparent and auditable record of all DID and VC events, ensuring the integrity and verifiability of the credentials.