According to official reports, Animoca Brands, Coinbase, Fabric Ventures and Founders Factory announced the joint launch of a British Web3 accelerator program with a scale of "millions of pounds" to support start-ups in the fields of blockchain and artificial intelligence. It is reported that the accelerator will last for 16 weeks and plans to provide financial support, technical resources and market docking for participating projects with the support of the British Government's Department of Commerce and Trade to promote the UK's innovative development in the field of Web3.