Despite the drop in NFT sales and the decline in the popularity of web3 games, the well-known South Korean developer and publisher Neowiz is launching an accelerator at Polygon through its daughter Intella X for the development of crypto games.
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Recall that earlier Neowiz raised $12 million from Animoca Brands, magic eden, Wemixи Polygon Labs for the Intella X platform, which previously only had a wallet. Now the platform is an ecosystem of launchpad, wallet, DEX and NFT marketplace.
Potential grant recipients can expect a response from a few weeks to a month, and those who are selected to move forward in the grant process will have to go through an interview and a due diligence period, according to the release. There is no typical grant amount for an accelerator, the firm says, and this amount will vary by project.
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