Terraform Labs Partners with Outlier Ventures to Launch Terra Base Camp Accelerator Program

Terraform Labs and Outlier Ventures announced their partnership to launch Terra Base Camp accelerator program, aiming to help projects building specifically on Terra and enabling mass-adoption of UST as a payment mechanism. Terra Base Camp, a 12-week accelerator program, will be launching 6 startups in the first cohort, which is set to begin on July 4th. Applications are now open until 19th June. Participating teams will receive an investment of USD$125k at the onset, which can then be followed with up to USD$250k of additional funding. Terra Base Camp will select projects focused on three themes in particular, which are DeFi, NFT and games, and middleware, infrastructure and tools.