Web3 startup Lumx has announced the launch of a new accelerator fund called the LATAM Acceleration Fund, aimed at supporting projects within the Polygon ecosystem. This fund specifically focuses on the Latin American market, with the goal of providing financial assistance for applications developed on the Polygon blockchain and for applications built using Lumx's API (such as providing transaction services, deploying smart contracts, creating NFTs, etc.). The deadline for the first application is set for August 20, 2024, with individual funding support of $250,000. Through this initiative, Lumx aims to encourage and drive the development and innovation of blockchain technology in Latin America, while also strengthening its position within the global Web3 ecosystem.