In a most audacious display of entrepreneurial spirit, MoonPay has unfurled the banner of MoonPay Labs, an accelerator that promises to cradle the tender dreams of pre-seed and seed-stage Web3 technical teams. With the allure of capital, product support, and strategies for long-term growth, it is a veritable cornucopia for the ambitious and the hopeful.
Operating under the whimsical guise of an evergreen model, MoonPay Labs shall select a mere quintet of high-potential startups each year, offering them the kind of personalized, ongoing support that one might expect from a doting parent. According to a press release that could only be described as a modern-day oracle, this program is tailored for those audacious technical teams daring to venture into the high-growth realms of stablecoin infrastructure, agentic frameworks, decentralized finance, SocialFi, and the ever-enigmatic Web3 commerce.
“MoonPay’s unique position within the ecosystem allows us to identify and accelerate high-value projects across emerging use cases,” declared Abhay M, the illustrious VP of Corporate Development and Investments at MoonPay. “MoonPay Labs is designed to support these trailblazing builders by providing founder-centric tailored support that offers them a competitive edge in company building,” he continued, no doubt with a twinkle in his eye and a hint of mischief in his voice.
MoonGate: The First Star to Shine in the MoonPay Labs Firmament
Startups fortunate enough to be ensconced within this accelerator shall revel in a structured go-to-market framework, replete with UX optimization workshops, token launch and listing advisory, and access to MoonPay’s developer tools and product sandbox. They will also receive direct feedback from the company’s developer network, which is surely a treasure trove of wisdom.
The inaugural team to bask in the glow of MoonPay Labs is none other than MoonGate, a project dedicated to demystifying the purchase of memecoins. With the audacity to allow users to buy these digital curiosities directly with credit and debit cards, MoonGate aspires to make memecoins as accessible as a cup of tea on a rainy afternoon.
In addition to the early-stage capital that flows like a gentle stream, MoonPay Labs may also bestow follow-up funding as these selected teams scale, thus enabling founders to reduce dilution ahead of a priced Series A. A most generous gesture, indeed!
MoonPay Labs finds its home within the company’s Corporate Development group, which also oversees MoonPay Ventures—a venture arm that has gallantly invested in over 30 Web3 companies since its inception in 2023. Truly, a bastion of innovation and ambition!
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2025-04-10 16:30