BoostVC, Draper Associates, and Thesis launch the BitcoinFi accelerator program

news, BoostVC, Draper Associates, and Thesis have launched the BitcoinFi accelerator program, aimed at "supporting founders to bring the next wave of innovation to Bitcoin."

The program encourages applications across three core areas: infrastructure, DeFi, and SocialFi. Participants can receive $150,000 in initial funding in exchange for 5% equity, and have the opportunity to secure follow-on investments from a network of investors.

The accelerator is currently open for applications, with a deadline of October 23. There will be two selection phases, and the final winners will be announced on November 1. The first batch of courses will start on November 4 and continue until December 13.