A quick overview of the first 5 projects of the Walmart and Outlier Ventures accelerators

Written by: Golden Finance 0xjs

On October 25, 2023, Outlier Ventures and Store N°8, the incubator of Walmart, announced the first 5 projects: HypeLab, Reveel, Tide Protocol, Tokenguard, and Unblock.

The Store N°8 dCommerce Base Camp accelerator selected five startups from hundreds of applicants. They are focused on building in Web3 to provide decentralized solutions that improve the global retail and commerce experience for consumers. These companies are focused on payment experiences, improving data and analytics capabilities, and enabling Web3-native methods to build and retain user bases.

It is reported that Store N°8 is Walmart’s incubation department and a core component of Walmart’s overall innovation strategy. The mission of N°8 stores is to shape the future of commerce and help Walmart achieve leapfrog for customers and industries. The Store N°8 dCommerce Base Camp accelerator is a collaboration between Outlier Ventures and Store N°8.

The five companies will participate in a 12-week online acceleration program. In addition, they will receive practical guidance from KPMG US and Synergis Capital to help them prepare for commercial and future fundraising success. VC Synergis Capital will provide a $200,000 investment for each team, and KPMG USA can act as corporate advisor to these startups.

Five Projects at a Glance:

HypeLab：

Hailing from the United States, HypeLab aims to make advertising easy.

HypeLab is the fastest growing Web3 ad network. It works with advertisers to help acquire Web3 users and publishers to help them monetize their platforms.

Reveel：

Coming from the United States, Reveel aims to be a payments infrastructure for a collaborative economy.

Reveel provides programmable payment infrastructure for the collaborative economy. Reveel’s suite of products enables automated payment processes and frictionless transactions between parties.

Tide Protocol：

Coming from Italy, Tide aims to be a one-stop platform for effectively marketing web3 projects.

Tide represents the next generation of Web3 marketing suites designed to help businesses acquire and retain customers through on-chain campaigns and advanced analytics.

Tokenguard：

Originally from Poland, Tokenguard aims to spark Web3 growth through on-chain insights.

More than 20,000 active Web3 projects do not have access to the data of 400 million cryptocurrency users. Tokenguard is an easy-to-use tool that allows Web3 creators to track, analyze, and understand their users. Tokenguard takes the guesswork out of and translates the complex Web3 world, empowering creators to develop winning marketing strategies and implement marketable features.

Unblock：

From the UK, Unblock’s API infrastructure supports commercial payments in the Web3 economy.

Unblock’s mission is to revolutionize the way people interact with and adopt Web3 applications and digital assets. Allows users to seamlessly transfer between fiat bank accounts and on-chain wallets. Unblock offers near-zero failure rates, transfer speeds of less than 20 seconds, and transaction fees starting from 0.5%. Our platform includes more features that can be used by businesses, individuals, and other applications through white-label APIs.