According to PANews, BoostVC, Draper Associates, and Thesis have launched the BitcoinFi Accelerator Program to stimulate the next wave of innovation within the Bitcoin ecosystem. The program is accepting applications in three main areas: infrastructure, DeFi, and SocialFi. Participants will receive an initial funding of $150,000 for 5% equity, with the potential to attract additional investments from a network of investors.

The application window is currently open, closing on October 23. After this period, there will be two selection phases, with the final winners announced on November 1. The first set of courses is set to begin on November 4 and will continue until December 13.