**Gotbit Hedge Fund Launches Web3 Accelerator Program “Odyssey”**

According to reports, the hedge fund Gotbit Hedge Fund has announced the launch of the Web3 accelerator program “Odyssey”, aimed at promoting any project, blockchain technology company, or private entity seeking to build solutions for DeFi and Web3 infrastructure, and making early or seed stage investments. It is reported that the first batch of 9 projects were shortlisted, namely Arcana, DeFiHelper, Farm xyz, Firepot Finance, Interest Protocol, Kinetex Network, Movement, Stable Battle, and Trait Swap. The second batch of applications is scheduled to open in about a month. （globenewswire）

Gotbit Hedge Fund Launches Web3 Accelerator Program “Odyssey”

In recent news, the Gotbit Hedge Fund has announced the launch of a new accelerator program called “Odyssey”. The program is aimed at promoting and investing in blockchain technology companies, projects, and private entities that are focused on building solutions for DeFi and Web3 infrastructure. It has already shortlisted the first batch of 9 projects, and the second batch of applications is scheduled to open soon.

**What is Odyssey?**

Odyssey is a new accelerator program launched by the Gotbit Hedge Fund. The program is aimed at promoting blockchain technology companies, projects, and private entities that are focused on building solutions for DeFi and Web3 infrastructure. The program offers early or seed-stage investments to help these entities grow and achieve their goals.

**What are the Goals of Odyssey?**

The goal of Odyssey is to support and promote companies, projects, and private entities that are focused on developing solutions for DeFi and Web3 infrastructure. This is achieved through early or seed-stage investments, which help these entities achieve their goals and grow their offerings.

**The Shortlisted Projects**

The first batch of projects shortlisted by Odyssey are Arcana, DeFiHelper, Farm xyz, Firepot Finance, Interest Protocol, Kinetex Network, Movement, Stable Battle, and Trait Swap. These projects were chosen due to their focus on developing solutions for DeFi and Web3 infrastructure. They are in the early or seed stage of development, and Odyssey aims to support them in achieving their goals.

**Arcana**

Arcana is a project that aims to build a decentralized, multi-chain staking protocol. The project is focused on providing incentives for long-term staking, with rewards being based on how long users keep their tokens staked.

**DeFiHelper**

DeFiHelper is a project that aims to provide a better user experience for DeFi users. The project offers a suite of tools that simplify and streamline the DeFi experience, making it easier for users to participate in DeFi.

**Farm xyz**

Farm xyz is a project that aims to build a decentralized exchange (DEX) aggregator. The project is focused on providing users with the best possible rates across multiple DEXs, thus eliminating liquidity fragmentation.

**Firepot Finance**

Firepot Finance is a project that aims to build a decentralized lottery platform. The project is focused on providing users with a fair and transparent lottery experience, while also providing them with a chance to win big prizes.

**Interest Protocol**

Interest Protocol is a project that aims to build a decentralized lending platform. The project is focused on making lending more accessible and affordable for users, while also providing them with higher returns on their investments.

**Kinetex Network**

Kinetex Network is a project that aims to build a decentralized cross-chain bridge. The project is focused on providing users with the ability to transfer assets across different blockchains seamlessly.

**Movement**

Movement is a project that aims to build a decentralized autonomous organization (DAO) that focuses on climate change. The project is focused on supporting initiatives that are aimed at reducing carbon emissions and promoting sustainable solutions.

**Stable Battle**

Stable Battle is a project that aims to build a stablecoin platform. The project is focused on providing users with a stable and reliable digital currency that can be used for transactions and investments.

**Trait Swap**

Trait Swap is a project that aims to build a decentralized NFT ecosystem. The project is focused on making NFTs more accessible and affordable for users, while also providing them with a safe and secure platform for trading and exchanging NFTs.

**Conclusion**

Odyssey is a new accelerator program launched by the Gotbit Hedge Fund, aimed at promoting and investing in blockchain technology companies, projects, and private entities that are focused on building solutions for DeFi and Web3 infrastructure. The program has already shortlisted nine projects in its first batch, and the second batch of applications is scheduled to open soon. These projects are focused on addressing some of the major challenges facing the DeFi and Web3 spaces, and Odyssey aims to support them in achieving their goals.

**FAQs**

1. **What is Odyssey?**
Odyssey is an accelerator program launched by the Gotbit Hedge Fund, aimed at promoting and investing in blockchain technology companies, projects, and private entities that are focused on building solutions for DeFi and Web3 infrastructure.
2. **What are the goals of Odyssey?**
The goal of Odyssey is to support and promote companies, projects, and private entities that are focused on developing solutions for DeFi and Web3 infrastructure.
3. **How does Odyssey select projects to support?**
Odyssey selects projects based on their focus on developing solutions for DeFi and Web3 infrastructure, as well as their stage of development. Projects that are in the early or seed stage of development are given priority.