Alliance DAO Unveils New Crypto Graduates Amid U.S. Crackdowns

Jonathan Wong

Jonathan Wong

03 May 2024

Alliance DAO recently released its latest batch of graduates, showcasing a diverse range of crypto projects. The U.S. crackdown on the industry has led to some founders leaving the organization, leading to a decline in American membership. However, this shift doesn't indicate a desertion of the crypto space, as web3 entrepreneurs seek better conditions in rising international markets.

The 12th program received a record number of applications, with an acceptance rate of 1.4%. The cohort presented a variety of projects, including Villcaso, GoBankless, and Wasabi Protocol, showcasing innovations in real estate investment, cross-border payments, and trading protocols.

Other notable companies include Lulubit, providing a platform for Central American crypto adoption, and Fractal Payments, offering a solution for international business payments. The cohort also features startups like ZwapX, Accrue, and Fig Investments, all targeting different aspects of the crypto and blockchain space.

Guest mentors for the program include industry experts like Jacquelyn Melinek, Jason Yanowitz, and Ming Ng. The diversity of projects and mentorship opportunities demonstrate the ongoing growth and innovation in the crypto space, despite regulatory challenges.