According to the India Education Diary report, the HBAR Foundation and Lumos Labs, a metaverse developer platform studio, have launched Hedera's second version of the Hatch Web3 accelerator, which will be open to early startups and innovative Web3 projects built on Hedera. The five-month accelerator focuses on sustainability, fintech, crypto-economy and metaverse. Shortlisted startups will go through a bootcamp phase to build or refine their Web3 solutions on the Hedera network. The winner will receive $150,000 and provide expert guidance, ecosystem support, and go-to-market support. The Hatch Web3 Accelerator will be open for registration across India until April 30.