The University of California Berkeley has appear the 17 latest startups to exist accustomed into its 'Blockchain Xcelerator' plan.

They include a Cannabis-themed mass-multiplayer online game (MMO), and a reverse auction loan platform. Entry into the incubator's Leap 2022 accomplice was highly competitive with just 12%, of the 140 startups who applied existence successful.

The accelerator is a collaboration betwixt Berkeley Engineering science's Sutardja Center for Entrepreneurship and Technology, the Blockchain at Berkeley student group, and the Haas School of Concern.

Pot farming game offers 'real Cannabis rewards'

Amidst the virtually novel startups is Nugbase — an Ethereum-based cannabis farming MMO, with more than one,000 current users. Nugbase'south website states users collect "Flower Cards" that can be raised in their virtual environment, and that users can be "rewarded in real Cannabis."

The incubator also welcomed Calypso — a reverse auction platform that seeks to drive greater competition within the loan marketplace by creating a marketplace where lenders bid on loan proposals prepared by borrowers.

Other successful starting time-ups include Arterra which is creating a non-fungible token platform that seeks to drive engagement between eSports, sporting entities and their fans; digital asset custody and payments platforms Finoa; as well as Snowball Coin, which is creating investment automation software.

Member of first cohort secures $4.3 million in funding

UC Berkeley launched its blockchain accelerator at the end of January 2022 and onboarded a 2d accomplice during October 2022.

Final month, Anchain, a blockchain analytics firm from the first accomplice, secured $4.iii 1000000 in a pre-A fundraising round co-led past Susquehanna International Group and Amino Capital.