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Foresight Ventures is launching a third $10 million accelerator for blockchain and Web3 companies. The program will focus on firms specializing in artificial intelligence, Bitcoin Ordinals, and direct-to-consumer protocols. Applications will be accepted until January 15, 2024, with successful companies receiving between $200,000 and $500,000 in initial funding. Co-founders will also receive mentor guidance, a chance to participate in an offline demo day next year. The company has seen an increase in liquidity in the Web3 venture capital ecosystem, but average valuations have not significantly increased due to startups eager to close fundraising promptly during the bear market.