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Home Exchanges

Meta and L’Oréal join forces in Web3: a mind-blowing announcement

by Ashutosh Thakur
October 25, 2022
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Future capital of the metaverse? – Meta and L’Oréal join forces to support French start-ups in web3. All via an acceleration program that will be deployed in the largest incubator in the world.

For start-ups in the web3 who are worth it!

To your applications! In a press release dated October 24, Meta announced its collaboration with the group L’Oreal for the launch of a acceleration program based at STATION F and which targets startups in the web3. This program was created with the support from the HEC Paris incubator.

This initiative is aimed at startups whose activities can contribute to the development of a metaverse and a web3 “ inclusive and creative “. The young shoots that create 3D contentor even those who work on augmented reality technologies or the creation of avatars, can submit their application until next November 20. The program will start in January 2023.

Meta and L'Oréal join forces in Web3: a mind-blowing announcement 3

The selected startups will benefit from a multitude of resources, such as a community of investors and workshops, a dedicated workspace, and the mentoring that Meta researchers and experts from L ‘Oréal will provide.

The French web3 ecosystem thus continues to develop thanks to the creativity and work of French startups, the support of giants like Meta, and growing regulatory clarity in the country and in Europe. Not fans of Bitcoin, regulators seem to be amazed by the blockchain, NFTs and web3 in general.

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