Hassan Maishera
Outlier Ventures announced on Tuesday, November 12, that it has partnered with Singularity Finance to launch the RWA Base Camp Accelerator, a specialized program for startups in the real-world assets (RWA) sector.
In a press release shared with Cryptowisser, the team said the program will last for 12 weeks. The cohort will receive $100,000 and get firsthand support from Outlier Ventures’ team of experts across essential areas such as legal frameworks, token design, community-building strategies, tokenomics and fundraising, and pitch deck refinement, along with workshops and mentorship from Singularity Finance. The program also incorporates mentor feedback synthesis, goal-setting to help founders achieve, and tailored mentor matching.
This latest development comes after Outlier Ventures announced its strategic industry alliances with the SingularityDAO AI x Crypto Base Camp accelerator program, aimed at supporting startups with the resources and expertise needed to navigate and drive growth in the evolving AI x Crypto landscape.
In October, SingularityDAO announced its plan to merge with Cogito Finance and SelfKey, consolidating the tokens from all three projects under Singularity Finance (SFI). This merger seeks to create a unified, tokenizing asset and AI-focused Layer-2 ecosystem within the broader blockchain landscape. It also aligns with Outlier Ventures’ partnership strategy, bringing together leading industry expertise and resources to accelerate innovation in blockchain and real-world assets through the RWA Base Camp.
The tokenization of real-world assets (RWAs) is set to have a transformative impact across industries as blockchain technology permeates society in the coming decade.
While commenting on this partnership, Outlier Ventures’ Chief Growth Officer, Benjamin Meyer, said,
“We are thrilled to expand our strategic partnership with Singularity Finance to help support Outlier Ventures’ RWA Base Camp cohort. Through our combined expertise and network, together we will be focused on supporting the founders with the resources and expertise needed to successfully scale and contribute to the real-world assets ecosystem.”
Cloris Chen, CEO of Singularity Finance, added that,
“Our partnership with Outlier Ventures is an important step for us to grow the SFI ecosystem. With their years of experience in the Web3 space, incubating top-notch companies, we can make our L2 the go-to place for high-quality projects.”
Outlier Ventures revealed that applications for the Base Camp accelerator program have now closed. The 12-week program will run through January 2025 and conclude with a virtual Demo day.
Founded in 2014, Outlier Ventures is the world's leading Web3 accelerator, with a renowned reputation as the go-to authority for Web3 founders, investors, and partners across its Base Camp accelerator program and Ascent token launch program. With a portfolio of over 320 global investments, Outlier Ventures has helped raise over $350m in seed funding. Outlier Ventures’ portfolio includes leading Web3 companies, including Biconomy, Boson Protocol, Brave, Cheqd, Cudos, DIA Data, Fetch.ai, IOTA, Ocean Protocol, Root Network, and XAI.
Meanwhile, Singularity Finance is the first AI-centric EVM-compatible L2 blockchain bringing the AI economy on-chain. It offers a fully compliant RWA tokenization framework to tokenize and monetize the AI value chain.
Stemming from the SingularityNET ecosystem and closely tied to the Artificial Superintelligence Alliance, Singularity Finance is poised to become the financial chain for everything AI.
