Welcome back to Aptos’ Weekly Overview. The best place for Aptos community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place. 

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The percentages and metrics are based on a 7-day timeframe from Flipside data as of Sept. 16, unless noted otherwise.

🌐What happened: Aptos co-founder Avery Ching announced at Token 2049 that four new projects—Mizu, PlaysOut, Luckey Keyboard, and Mereo—have joined Ankaa, an accelerator program led by the Aptos Foundation and OKX Ventures.

🌐Why does it matter: The Ankaa accelerator launched last month and aims to provide support, mentorship and go-to-market strategies for projects built on Aptos. Each of the four newly announced projects offer different use-cases, which we dive into below:

Mizu, a wallet app built on top of Aptos, uses multi-party computation and zero-knowledge technology to eliminate the need for private keys or seed phrases. The wallet app aims to lower the barrier to entry for onchain transactions.

PlaysOut, a web3 mini-game software development kit and platform, provides developers IDE tools and a cloud management platform to help streamline the development process of mobile games and monetization elements like in-game assets and more.

Luckey Keyboard is a web3-centric mobile keyboard application that leverages DePIN technology and AI agents in hopes of creating greater awareness of crypto, by showcasing the capabilities of blockchain technology in an educational way.

Mereo is a social ticketing and engagement platform powered by Aptos that utilizes IP ownership and the blockchain to create digital tickets and IDs. It can help engage users and loyal fans with the ability to earn rewards and complete quests. 

Although these dApps are still in early stages, the backing from Ankaa can help position them for long-term success, providing them with financial resources as well as strategic guidance. As the number of DeFi projects on the Aptos network grows, it becomes increasingly important for the foundation and community to support and test out these new dApps amid their go-to-market efforts.

🌐The big picture: Overall, web3 accelerator programs help open the door for innovation and expansion of use cases onchain by providing various avenues of support that early stage projects need. 

The Aptos Foundation, in partnership with OKX Ventures, can provide support for emerging and existing applications to succeed on its network, while also expanding the accessibility of its blockchain technology to nascent founders or developers looking to build.

A lot of dApps may fail for various reasons, but most notably for lack of runway and proper guidance. With the Ankaa accelerator program, it can serve as a resource for these dApps in order to go-to market and have a chance at lasting in the long term.

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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.