Walmart and Outlier Ventures have launched Store Nº8 Base Camp, a 12-week virtual incubator program. This program is aimed at harnessing the potential of decentralized solutions and cutting-edge technologies, such as web3, blockchain, and AI, to transform retail and business models.
Store Nº8 Base Camp has garnered considerable attention in the tech and startup communities as it unveiled a select group of five companies that specialize in web3 marketing, advertising, and enhancing the retail and commerce experience. The program’s overarching goal is to unite these startups, providing them with the necessary resources, mentorship, and financial support to shape the future of retail.
The response to Store Nº8 Base Camp has been overwhelming, with more than 370 startups competing for a spot in the program. After a rigorous selection process, five outstanding startups have been chosen for the program’s inaugural cohort. These chosen founders will benefit from invaluable guidance from the experienced teams at Outlier Ventures and Store Nº8, along with educational opportunities and seed funding to advance their innovative projects.
The curriculum of Store Nº8 Base Camp encompasses a wide range of crucial subjects, allowing participating startups to gain a comprehensive grasp of the decentralized retail landscape. Experienced mentors will assist these startups in devising their product roadmaps, building communities, navigating the intricacies of the token economy, refining their pitching skills, developing fundraising strategies, and establishing sound governance structures, among other vital aspects.
A distinctive feature of this incubator program is its focus on startups working on projects related to the metaverse, decentralized infrastructure, data and growth solutions, and the convergence of AI and blockchain technology. This forward-thinking approach underscores Walmart and Outlier Ventures’ commitment to exploring emerging technologies that have the potential to reshape the retail industry.