Walmart's Store Nº8 and Outlier Ventures Launch dCommerce Accelerator
Store Nº8, Walmart's innovation hub, teamed up with Outlier Ventures to launch the dCommerce Base Camp accelerator, a program aimed at fostering web3 startups improving global retail and commerce experiences.
The Deets
- Applications for the 12-week program started on June 6, accelerator begins in mid-August
- The accelerator focuses on startups building in areas like decentralized infrastructure, data and growth solutions, immersive experiences and the metaverse, and the AI-blockchain intersection.
- Selected startups will get funding, plus access to expert mentorship from Outlier Ventures and Store Nº8's network.
- Industry-leading mentors will offer guidance in product roadmap development, community building, token economics, governance, and more.
The Bulk
Store Nº8, the incubation arm of Walmart, is partnering with notable web3 accelerator Outlier Ventures. The entities announced the launch of the dCommerce Base Camp accelerator program last week. This initiative aims to foster startups that leverage web3 technology to transform the global retail and commerce space.
The 12-week program targets sartups that build solutions across a range of domains, including decentralized infrastructure, data and growth solutions, immersive experiences within the metaverse, and the convergence of AI and blockchain technologies.
Under the accelerator program, chosen startups stand to benefit not only from financial backing but also from comprehensive support and mentorship. This support network draws from the combined wealth of knowledge and experience in Outlier Ventures and Store Nº8's team.
Expert mentorship will guide selected startups in developing their product roadmap, growing their community, launching their token economy, and mastering the intricacies of governance, among other crucial areas.
❗Why It Matters
Though launched last week, this news flew somewhat under the radar and took a backseat to the doom and gloom of regulatory hurdle headlines. Even a tangential association of Walmart and web3 seems like a positive for the space at this point in time.
🎤 Founder Feedback
We think dCommerce represents a huge opportunity to unbundle ecommerce into its constituent parts, and into a more decentralized and composable stack of protocols to create a more efficient, equitable and improved experience for retailers and consumers from CRM to last-mile delivery. There is clearly no better partner than Store Nº8, as Walmart’s incubation arm, so we are thrilled to launch this accelerator program together.uote quote="We think dCommerce represents a huge opportunity to unbundle ecommerce into its constituent parts, and into a more decentralized and composable stack of protocols to create a more efficient, equitable and improved experience for retailers and consumers from CRM to last-mile delivery. There is clearly no better partner than Store Nº8, as Walmart’s incubation arm, so we are thrilled to launch this accelerator program together." source = "Jamie Burke, CEO Outlier Ventures
🔜 What's Next?
Interested startups can apply for the dCommerce Base Camp accelerator program from today until July 31. The program kicks off in mid-August, where chosen startups will start their transformative journey under expert mentorship.
