On December 21, KuCoin Labs, the incubator and research division of KuCoin, announced the launch of its long-term incubation programme to speed up Web3 builders. The Astro Selection, the inaugural season of the show, will cover GameFi, NFT, and the metaverse over the course of 8 weeks.

There are five basic parts to the incubation programme. There will be workshops, mentor lectures, and tutoring sessions throughout the programme. Additionally, the curriculum will offer comprehensive advice in the areas of community and business strategy, technological framework, marketing, and business development.

To assist the participants in attaining quick growth in the Web3 market, a strong mentor lineup of seasoned engineers and product managers, excellent security specialists, and entrepreneurs of blue-chip enterprises will be available. NGC Ventures, Maven Capital, CoinWeb, lcetea Labs, and others are among them.

To speed up their growth, any projects taking part in the incubation programme may receive additional funding from KuCoin Labs. Last but not least, participants will have direct access to KuCoin Labs' extensive industry networking tools for funding, alliances, business services, and more.

Three co-incubators have joined the program in addition to KuCoin: DoraHacks, Republic Crypto, and Odaily.

DoraHacks, a global hacking community, hosts cryptocurrency hackathons and creates networks for blockchain developers. $20 million was raised by DoraHacks in a Series B financing in May. DoraHacks Ventures, the community's seed funding accelerator, also invests in and incubates open-source projects.