Avalanche Named Exclusive Sponsor of Collider on the Lot Startup Accelerator

Ava Labs

Ava Labs, software developer of the Avalanche blockchain network, today announced that it joined accelerator program Collider on the Lot as an exclusive sponsor. Launched by Acme Innovation and Warner Bros. Discovery (Nasdaq: WBD), Collider on the Lot provides media, entertainment, and tech companies with connections to investors, executive-level education, and the opportunity to partner with WBD and Acme to explore new business models utilizing emerging technologies.

The program kicked off with a four-day in-person event in September 2023 that saw founders from 13 promising companies meet with WBD executives, Ava Labs, and industry experts to gain a deeper understanding of the changing media landscape. Participants then engaged in six weeks of virtual programming to implement learnings from the in-person event into their pitches and proofs of concept. At the end of the program, founders will present their pilot programs to Acme, WBD, and potential investors.

Acme has chosen Avalanche as its exclusive sponsor for Collider On The Lot 2023 because Avalanche has the speed, power, and flexibility to support the most revolutionary Web3 ideas, and because Ava Labs has shown a commitment to innovation in the entertainment industry.

“We’re grateful to Avalanche and Ava Labs for supporting this year’s Collider On The Lot,” says Acme Innovation CIO George Howard, “The technology that Avalanche is building has the potential to benefit creators, IP holders, and fans alike. Working with companies that share the vision of this emerging technology working in support of these stakeholders, rather than replacing them, is a great privilege.”

“Acme Innovation is at the forefront of bridging traditional media and entertainment IP with the most exciting startups utilizing emerging technologies" said Paul Chodirker, Director of Enterprise Business Development with Ava Labs. "We were thrilled to see Warner Bros. Discovery's embrace of innovative thinking and for Avalanche to be involved as the exclusive sponsor of this year’s Collider On The Lot program. Finally, we’re very excited to see and experience what some of the cohort companies will be building on Avalanche.”

Avalanche has already started to inspire a burst of new growth in entertainment. Avalanche initiatives led by innovators like SK Planet (e-commerce loyalty), GREE (Web3 gaming), and Toonstar (NFT holders deciding a show’s plot) give an early taste for how Avalanche can change media and entertainment, opening new possibilities for everyday consumers.

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About Acme Innovation

Acme Innovation is building the critical infrastructure that enables positive-sum collisions between emerging tech startups and blue-chip entertainment firms, launching first with Warner Brothers Discovery.
Through a combination of Collider (our accelerator program) and Apiary (our developer tool kit, user database, and IP rights management system), Acme is building the sandbox and marketplace for startups powering enterprise-tech solutions for Loyalty & Rewards Programs, as well as various consumer facing applications licensing IP in fast-growing segments, such as Gaming, Immersive Content, and UGC Creation.

About Ava Labs

Ava Labs makes it simple to deploy high-performance solutions for Web3, led by innovations on Avalanche. The company was founded by Cornell computer scientists, who partnered with Wall Street veterans and early Web3 leaders to execute a promising vision for redefining the way people build and use open, permissionless networks. Ava Labs is redefining the way people create value with Web3.

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About Avalanche

Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.