Congratulations to Bifrost Network Selected for Web3.0 Bootcamp

Bifrost Finance
2 min readApr 30, 2020

Web 3.0 Bootcamp Introduction

Web3.0 Bootcamp is a 6-month training camp initiated by Wanxiang Blockchain Labs, New Chainbase, Parity, and Web3.0 Foundation. The training camp will provide systematic training for 15 outstanding teams from all over the world. The first training camp will start in May!

The selected team uses Substrate and Polkadot Network to build Web3.0, and the training camp provides comprehensive support including technology, products, capital, legal affairs, and ecological cooperation. Through the rich ecological resources and industrial scenes of Wanxiang Blockchain, let the selected teams have the opportunity to implement the blockchain application of proof-of-concept scenarios, including but not limited to: automotive, supply chain finance, smart cities, insurance, and intellectual property protection in the cultural industry.

Bifrost Bootcamp Roadmap

2020/3/25 Apply Web3.0 Bootcamp

2020/4/02 Attend the Web3.0 Online Interview

2020/4/29 Get admission notice

2020/5/07 Participate in the Web3.0 opening ceremony

The first stage: 3-month project acceleration period

The second stage: 3-month PoC phase

During the acceleration period, the training camp will help the team enhance the basic management capabilities of startups, blockchain technology capabilities, Polkadot / Substrate professional knowledge, etc. through a series of courses. The PoC phase will focus on the application of the project, and guide the selected team to cooperate with the partners in the Wanxiang blockchain ecosystem to implement the PoC.

Selected teams during the same period (in alphabetical order, in no particular order): ABMatrix, Acala Network, Advanca, Ankr, BlockTEST, Celer Network, Crust, Darwinia Network, Dimension, HashKey Me, MYKEY, Phala Network, Plasm, Stafi.

Congratulations to the above team, and look forward to working with them to promote the rapid development of Web3.0.

What is Bifrost?

Bifrost is a Parachain designed to liberate Staking liquidity. Users can convert PoS currency to Bifrost vToken through Bifrost bridge at any time to obtain Staking income and liquidity.

vToken can optimize transactions in multiple scenarios such as DeFi, Dapp, DEX, etc. When vToken is used as a collateral for lending, its staking income can offset part of the interest and realize low-interest borrowing.

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