Join the DePIN Accelerator Program

Join the DePIN Accelerator Program

The world’s first accelerator laser-focused on DePIN

The world’s first accelerator laser-focused on DePIN

The world’s first accelerator laser-focused on DePIN

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1:1 Mentorship

Direct support from veteran crypto VCs, growth experts, and founders.

1:1 Mentorship

Direct support from veteran crypto VCs, growth experts, and founders.

1:1 Mentorship

Direct support from veteran crypto VCs, growth experts, and founders.

Weekly Workshops

Hands-on sessions with founders and VCs including Raullen Chai of IoTeX and Salvador Gala of EV3.

Weekly Workshops

Hands-on sessions with founders and VCs including Raullen Chai of IoTeX and Salvador Gala of EV3.

Weekly Workshops

Hands-on sessions with founders and VCs including Raullen Chai of IoTeX and Salvador Gala of EV3.

$50k Funding

Unparalleled founder-friendly funding. $50k investment at flexible terms.

$50k Funding

Unparalleled founder-friendly funding. $50k investment at flexible terms.

$50k Funding

Unparalleled founder-friendly funding. $50k investment at flexible terms.

Investor network

Access to and support from the world's leading network of DePIN investors.

Investor network

Access to and support from the world's leading network of DePIN investors.

Investor network

Access to and support from the world's leading network of DePIN investors.

Apply to 

by January 26

by January 26

However applications are accepted at any time and considered on a rolling basis

Join The DePIN Surf Alumni DAO

Join The DePIN Surf Alumni DAO

Join The DePIN Surf Alumni DAO

After graduating from DePIN Surf, join the most exclusive club in DePIN: The DePIN Surf Founder Network. Access alumni events and resources as you network with an elite group of DePIN builders.

Why Join the Accelerator

Why Join the Accelerator

Why Join the Accelerator

The ethos of DePIN is community. The ethos of the accelerator is empowering DePIN builders through critical mentorship, funding and network development. DePIN Surf specializes in helping seed stage DePIN founders fundraise and exponentially grow their communities. Above all, joining the accelerator means joining a trusted community of founder peers that helps everyone to go faster together.

IoTeX is a modular Web3 infrastructureplatform for DePIN. It empowers developers tointegrate Web3 into everyday life throughinnovations in connected smart vehicles, citymapping, green energy initiatives, super-charged fitness platforms, environmental datatracking, proof-of-presence applications, proofof humanity, and more.

IoTeX is a modular Web3 infrastructureplatform for DePIN. It empowers developers tointegrate Web3 into everyday life throughinnovations in connected smart vehicles, citymapping, green energy initiatives, super-charged fitness platforms, environmental datatracking, proof-of-presence applications, proofof humanity, and more.

With 50 million AUM, FutureMoney Group hasbeen investing in frontier technologies in thedigital economy since 2017. The main thesis isthat the future of money is a decentralizeddatabase that reshapes the real economy.

With 50 million AUM, FutureMoney Group hasbeen investing in frontier technologies in thedigital economy since 2017. The main thesis isthat the future of money is a decentralizeddatabase that reshapes the real economy.

Foresight X is the Web3 accelerator under Foresight Ventures (AUM $400m), offering approximately $200,000 in funding support to each selected Web3 startup. In addition, Foresight X provides selected projects with high-quality industry resources and global community support, encompassing acceleration services across various aspects, including technical guidance, brand promotion, Tokenomics design, project operations, listing, company management, talent development, legal compliance, and more.

Foresight X is the Web3 accelerator under Foresight Ventures (AUM $400m), offering approximately $200,000 in funding support to each selected Web3 startup. In addition, Foresight X provides selected projects with high-quality industry resources and global community support, encompassing acceleration services across various aspects, including technical guidance, brand promotion, Tokenomics design, project operations, listing, company management, talent development, legal compliance, and more.

DePIN Surf Cohort 1

Inferix

Inferix is a decentralized GPU computing platform for visual computing and AI. Inferix has a major market share in Vietnam and is expanding globally to India and other developing markets. Their primary target market is average designers using all major rendering engines, including Blender Cycles, Vray, D5, Omniverse, and OctaneRender.

Network 3

Network3 is building a dedicated AI Layer2. It provides services to AI developers worldwide, helping them train and validate models in scale quickly, conveniently, and efficiently through AI model optimization and compression, federated learning, edge computing, and confidential computing.

Wayru

Wayru tackles the digital divide and the lack of affordable, reliable internet in underserved areas, especially in Latin America. Based on Open-WRT, Wayru is compatible with thousands of WiFi devices that are available to purchase. Wayru has successfully launched its mobile applications in iOS and Android (10K downloads and counting) and released the WayruOS, which is now compatible with half a dozen devices.

Starpower

Starpower is an energy Internet infrastructure layer offering a comprehensive smart power outlet. This outlet tracks energy usage to improve the load-balancing of virtual power plants. Outlet owners earn $STAR tokens through its use, thereby motivating active participation in these global decentralized renewable energy initiatives.

PowerPod

PowerPod aims to provide a reliable and accessible charging network for electric vehicles in various countries. This locally distributed model is designed to operate globally and function as a social enterprise using Powerpod’s proprietary, internet-connected and Tesla-compatible charging device.

DePHY

DePHY is pioneering a decentralized off-chain data messaging network designed to empower DePIN projects to deploy faster and cheaper. It addresses the underutilized potential of digital and hardware assets and the crucial role of data relay in bridging the physical and blockchain realms. DePHY facilitates the secure, verifiable, and swift transfer of data from hardware directly to the blockchain, utilizing cutting-edge technologies like the Trusted Execution Environment (TEE) and Zero-Knowledge (ZK) Oracles to guarantee data verifiability and low-latency. DePHY closed seed round in January and is currently in Stanford Blockchain Accelerator.

ATOR

ATOR creates a safer, private layer for the internet. Through its DePIN routing network, signature hardware and software SDK, ATOR provides a seamless, truly decentralized privacy solution for the applications we all use. Anyone can contribute to the ATOR Network and be rewarded by providing their excess bandwidth to it.

NATIX

NATIX Network is building an open geospatial Intelligence network using their proprietary AI and smartphone cameras. NATIX’s flagship product “Drive&” uses driver assistant apps (e.g. dashcam and navigation), token incentives, computer vision AI, and smartphone cameras to map the real world in real-time.

DePIN Surf Cohort 2

DePIN Use Cases

Nubila

Nubila is building the largest ESG data network for the #DePIN ecosystem to transform sustainability initiative and investment.

Nubila

Nubila is building the largest ESG data network for the #DePIN ecosystem to transform sustainability initiative and investment.

Nubila

Nubila is building the largest ESG data network for the #DePIN ecosystem to transform sustainability initiative and investment.

Sweatemple

SWEATEMPLE is an Entertainment & Fitness AI startup turning the music algorithm developed from Stanford dorm into the world‘s 1st AI generated fitness & dancing content backed by TikTok's founder and investor, and creating the future of AI Gym Studio and Professional Virtual Coach powered by DePIN.

Sweatemple

SWEATEMPLE is an Entertainment & Fitness AI startup turning the music algorithm developed from Stanford dorm into the world‘s 1st AI generated fitness & dancing content backed by TikTok's founder and investor, and creating the future of AI Gym Studio and Professional Virtual Coach powered by DePIN.

Sweatemple

SWEATEMPLE is an Entertainment & Fitness AI startup turning the music algorithm developed from Stanford dorm into the world‘s 1st AI generated fitness & dancing content backed by TikTok's founder and investor, and creating the future of AI Gym Studio and Professional Virtual Coach powered by DePIN.

Qualoo

Qualoo's DePIN leverages Web3, blockchain, and AI to empower a better-connected future. Powered by community-owned physical and mobile nodes that map internet quality in real-time, identifying issues from user and provider perspectives globally. Node operators earn $QXT while optimizing their own connections and contributing to a better internet for all.

Qualoo

Qualoo's DePIN leverages Web3, blockchain, and AI to empower a better-connected future. Powered by community-owned physical and mobile nodes that map internet quality in real-time, identifying issues from user and provider perspectives globally. Node operators earn $QXT while optimizing their own connections and contributing to a better internet for all.

Qualoo

Qualoo's DePIN leverages Web3, blockchain, and AI to empower a better-connected future. Powered by community-owned physical and mobile nodes that map internet quality in real-time, identifying issues from user and provider perspectives globally. Node operators earn $QXT while optimizing their own connections and contributing to a better internet for all.

Scannit

Scannit is revolutionizing digital financial identity. With "Scan to Earn," users are rewarded for scanning receipts and verifying transactions, turning everyday expenditures into valuable rewards and insights. But that’s not all! Scannit allows you to manage your digital identity transparently, ensuring your data remains entirely under your control.

Scannit

Scannit is revolutionizing digital financial identity. With "Scan to Earn," users are rewarded for scanning receipts and verifying transactions, turning everyday expenditures into valuable rewards and insights. But that’s not all! Scannit allows you to manage your digital identity transparently, ensuring your data remains entirely under your control.

Scannit

Scannit is revolutionizing digital financial identity. With "Scan to Earn," users are rewarded for scanning receipts and verifying transactions, turning everyday expenditures into valuable rewards and insights. But that’s not all! Scannit allows you to manage your digital identity transparently, ensuring your data remains entirely under your control.

DeFi for DePIN

Bedrock

Bedrock is the first multi-asset liquid restaking protocol, backed by the best investors, including OKX Ventures and Babylon's cofounder. As a liquid staking pioneer, Bedrock brings high yield and institutional-grade security to the community through uniBTC built on Babylon, uniETH built on Eigenlayer, and uniIOTX build on IoTeX.

Bedrock

Bedrock is the first multi-asset liquid restaking protocol, backed by the best investors, including OKX Ventures and Babylon's cofounder. As a liquid staking pioneer, Bedrock brings high yield and institutional-grade security to the community through uniBTC built on Babylon, uniETH built on Eigenlayer, and uniIOTX build on IoTeX.

Bedrock

Bedrock is the first multi-asset liquid restaking protocol, backed by the best investors, including OKX Ventures and Babylon's cofounder. As a liquid staking pioneer, Bedrock brings high yield and institutional-grade security to the community through uniBTC built on Babylon, uniETH built on Eigenlayer, and uniIOTX build on IoTeX.

Magma

Magma brings the $WEN stablecoin to IoTeX - secured by the native $IOTX token. $WEN, pegged to 1 USD using the Liquity codebase, provides a battle-tested foundational stable asset designed to underpin DeFi and DePIN growth on IoTeX. IoTeX 2.0 is here…it’s go time, $WEN is now

Magma

Magma brings the $WEN stablecoin to IoTeX - secured by the native $IOTX token. $WEN, pegged to 1 USD using the Liquity codebase, provides a battle-tested foundational stable asset designed to underpin DeFi and DePIN growth on IoTeX. IoTeX 2.0 is here…it’s go time, $WEN is now

Magma

Magma brings the $WEN stablecoin to IoTeX - secured by the native $IOTX token. $WEN, pegged to 1 USD using the Liquity codebase, provides a battle-tested foundational stable asset designed to underpin DeFi and DePIN growth on IoTeX. IoTeX 2.0 is here…it’s go time, $WEN is now

Loxodrome

Loxodrome is the ultimate liquidity hub building next-gen ve(3,3) DEX on IoTeX. Bridging the gap between DeFi and DePIN by facilitate trading, voting, and liquidity provision for innovative DePIN projects within IoTeX ecosystem.

Loxodrome

Loxodrome is the ultimate liquidity hub building next-gen ve(3,3) DEX on IoTeX. Bridging the gap between DeFi and DePIN by facilitate trading, voting, and liquidity provision for innovative DePIN projects within IoTeX ecosystem.

Loxodrome

Loxodrome is the ultimate liquidity hub building next-gen ve(3,3) DEX on IoTeX. Bridging the gap between DeFi and DePIN by facilitate trading, voting, and liquidity provision for innovative DePIN projects within IoTeX ecosystem.

Pinswap

PinSwap revolutionizes DePIN finance with AI-powered trading innovations. Leveraging IoTeX’s infrastructure, it offers seamless token swaps, dynamic liquidity pools, and fair pricing. PinSwap empowers governance through community participation, rewards, and AI-driven insights for informed trading. Join PinSwap to experience advanced DeFi features and financial inclusivity.

Pinswap

PinSwap revolutionizes DePIN finance with AI-powered trading innovations. Leveraging IoTeX’s infrastructure, it offers seamless token swaps, dynamic liquidity pools, and fair pricing. PinSwap empowers governance through community participation, rewards, and AI-driven insights for informed trading. Join PinSwap to experience advanced DeFi features and financial inclusivity.

Pinswap

PinSwap revolutionizes DePIN finance with AI-powered trading innovations. Leveraging IoTeX’s infrastructure, it offers seamless token swaps, dynamic liquidity pools, and fair pricing. PinSwap empowers governance through community participation, rewards, and AI-driven insights for informed trading. Join PinSwap to experience advanced DeFi features and financial inclusivity.

Quenta

Quenta is a derivative DEX on IoTeX offering flexible leverage trading for new assets.

Quenta

Quenta is a derivative DEX on IoTeX offering flexible leverage trading for new assets.

Quenta

Quenta is a derivative DEX on IoTeX offering flexible leverage trading for new assets.

Our Program Partners

Our Program Partners

Our Program Partners

A six-to-eight week mostly virtual accelerator by IoTeX, ForesightX and FutureMoney Group.

Cohort 2 Accelerator Schedule

Cohort 2
Accelerator Schedule

Cohort 2 Accelerator Schedule

WEEK 1

Hybrid

Meet the Cohort

Gather in person for a day of live programming and networking followed by launch-day demos.

Community Platform

Gain access to founder-only forums and 1:1 mentorship opportunities. Get support from fellow DePIN Surf founders.

Community Platform

Gain access to founder-only forums and 1:1 mentorship opportunities. Get support from fellow DePIN Surf founders.

WEEK 2-6

Virtual

Mentorship & Lectures

Example mentor-led workshops include: The key elements of an effective DePIN pitch, how to raise a series-A round, best practices in DePIN Tokenomics, growing a DePIN community from 1-100, DePIN hardware best practices. After group workshops, meet individually with mentors to go deep on your projects' individual needs.

WEEK 7

Demo Day Prep

Refine your narrative and story to both your investors and your community. Receive mentoring from messaging experts, founders, and VCs.

WEEK 8

Demo Day at Token2049 in Singapore

Present your project live on stage to DePIN's leading investors at IoTeX's R3al World event at Token2049 in Singapore. After demo day, join the DePIN Surf virtual community day and kick off your community growth flywheel. Demo Day presenters become DePIN Surf Alumni DAO members – joining the most exclusive founder community in DePIN.

WEEK 8

FUNDRAISING

FUNDRAISING

FUNDRAISING

Acceptance into the accelerator program comes with an automatic $50k investment with founder-friendly terms as well as priority access to an elite VC network.

Acceptance into the accelerator program comes with an automatic $50k investment with founder-friendly terms as well as priority access to an elite VC network.

Acceptance into the accelerator program comes with an automatic $50k investment with founder-friendly terms as well as priority access to an elite VC network.

DEMO DAYS

Founders will receive one-on-one pitch advice from experienced VC investors and have multiple opportunities to present at both community and investor demo days.

Founders will receive one-on-one pitch advice from experienced VC investors and have multiple opportunities to present at both community and investor demo days.

Founders will receive one-on-one pitch advice from experienced VC investors and have multiple opportunities to present at both community and investor demo days.

Demo day for cohort 2 will be at Token2049 in Singapore at IoTeX’s R3al World event, a premier DePIN event with hundreds of industry partners and VCs in attendance.

Demo day for cohort 2 will be at Token2049 in Singapore at IoTeX’s R3al World event, a premier DePIN event with hundreds of industry partners and VCs in attendance.

Demo day for cohort 2 will be at Token2049 in Singapore at IoTeX’s R3al World event, a premier DePIN event with hundreds of industry partners and VCs in attendance.

At the conclusion of the formal program and investor demo day, each startup will participate in an online community demo day.

At the conclusion of the formal program and investor demo day, each startup will participate in an online community demo day.

At the conclusion of the formal program and investor demo day, each startup will participate in an online community demo day.

FUNDRAISING

Acceptance into the accelerator program comes with an automatic $50k investment with founder-friendly terms as well as priority access to an elite VC network.

DEMO DAYS

Founders will receive one-on-one pitch advice from experienced VC investors and have multiple opportunities to present at both community and investor demo days.

Demo day for cohort 2 will be at Token2049 in Singapore at IoTeX’s R3al World event, a premier DePIN event with hundreds of industry partners and VCs in attendance.

At the conclusion of the formal program and investor demo day, each startup will participate in an online community demo day.

FAQ

Who should apply?

In short, any DePIN founder is welcome to apply! However, our program is most helpful to startups looking to raise funds in the next twelve months and who are at least open to using at least one part of IoTeX’s modular tech stack. This is not a requirement but we offer integration support for our suite of DePIN tools that range from a community points sand box, W3bstream (data middleware), and token launches on our L1. It would be a shame to miss out on all of that!

When does the program start?

Our first cohort officially launches at ETHDenver on February 28th! However, we will begin informal programing two-weeks prior and will stop considering applications for this cohort on January 29th.

How much does the program cost?

Nothing! We only require a $50k investment in your company at founder-friendly terms. Besides that, we ask founders to commit to a few hours a week and to attending all demo days. Despite our fairly low time requirements, we advise that you make room in your schedule to engage with the program as much as possible and support your other founders. We can guarantee that whatever you put into the program will come back to you many times over!

Is the program remote?

The program is mostly remote with the exception of in-person workshops at ETHDenver on February 27th and an in-person launch demo on the 28th. We also host in-person events at other major crypto conference where our founders have the opportunity to attend as VIP guests and connect with elite mentors and peers, but these are completely optional..

What are the next steps after I submit my application?

After you apply to the program, our team will start reviewing your application. This can take hours to weeks depending on the number of applications we have to review and how far you apply from the deadline. If we decide to proceed with your application, one of our team members will reach out and schedule an interview. Please have all your founders present for the interview. Final decisions are communicated over email.

How many projects will be accepted?

We are targeting ten projects in our initial cohort. However, if there is a preponderance of qualified applicants we will expand the number to twelve.

©2024 DePIN Accelerator Program. Powered by IoTeX and Future Money Group.