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Walmart incubator arm Store No8 and Outlier Ventures target startups focused on building in Web3

Store No8, Walmart’s incubation arm, and Outlier Ventures, a Web3 investor, have announced the launch of the Store No8 dCommerce Base Camp accelerator programme.

Applications open today, and the 12-week initiative will begin in mid-August.

The aim is to help a select cohort of startups focused on building in Web3 to deliver solutions that improve the global retail and commerce experience.

The chosen teams will focus on building across areas that include decentralised infrastructure, data and growth solutions, immersive experiences and the metaverse, and the intersection of AI and blockchain technology.

The programme will provide funding to each of the selected founders, as well as access to subject matter expertise and mentorship across Outlier Ventures and Store Nº8’s team and network.

Thomas Kang, Vice President, Store Nº8, says: “Decentralised commerce has the potential to unlock new value in the global commerce ecosystem, so we are excited to partner with Outlier Ventures to support and engage with entrepreneurs building at the forefront of this technology on their path to scale.”

Startups will receive support from mentors in areas like building and refining their product roadmap, community building, token economy and launches, fundraising and pitching, and governance.

Jamie Burke, CEO and Founder, Outlier Ventures, comments: “We think dCommerce represents a huge opportunity to unbundle e-commerce into its constituent parts, and into a more decentralised and composable stack of protocols to create a more efficient, equitable and improved experience for retailers and consumers from CRM to last mile delivery.”

“There is clearly no better partner than Store Nº8, as Walmart’s incubation arm, so we are thrilled to launch this accelerator program together.”

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