SKALE Labs Launches SocialFi Incubator To Fund The Next Generation Of Viral Web3 Social Applications

San Francisco, CA, August 28th, 2025, Chainwire

SKALE Labs has launched the SKALE SocialFi Incubator, aiming to support the development of Web3 social applications. The program will provide pre-seed funding, mentorship, and resources to one to two teams focused on creating large-scale social platforms. SKALE’s gas-free blockchain infrastructure is designed to facilitate the growth and user engagement necessary for these applications.

While Web2 platforms have achieved global reach, they have also faced issues such as centralized control and user disenfranchisement. The Web3 ecosystem seeks to address these limitations through enhanced user ownership and transparency, though a standout application that can compete with existing Web2 giants is still anticipated.

SKALE’s CEO, Jack O’Holleran, emphasized that the incubator is intended to enable teams in developing viral products that improve communication on the internet. The program aims to eliminate barriers that hinder mainstream blockchain adoption through its efficient infrastructure and zero gas fees.

Eligible applicants include innovative early-stage founders with relevant experience who can commit full-time to development. Selected candidates will gain access to technical assistance, venture capital connections, and a structured funding mechanism.

Applications for the incubator are currently open, inviting interested teams to submit their backgrounds and project ideas.

• Why it matters: The initiative could accelerate the creation of decentralized social platforms, potentially shifting user dynamics and control in the digital space.
• The incubator reflects a strategic move to promote Web3 technologies and address challenges faced by traditional social media.

• The latest: Applications for the SKALE SocialFi Incubator are now open for teams interested in developing innovative Web3 social applications.