Jinse Finance reported that Archipelago Labs (A-Labs)'s first ALAB Incubation Program announced that it has selected 5 Web3 start-ups from more than 100 applicants for incubation, namely: the artificial intelligence-driven decentralized social layer application Twine, Ridge, an AI catering solution, Synthillate, which converts intellectual property into financial assets, Gamer Points, a play earning startup, and Nexhire, a Web3 HR bounty and recommendation system, will each receive PHP 1 million in funding. Archipelago Labs launched a $10 million Web3 fund at the end of last year, and the second batch of ALAB Incubation Program is currently open for applications. (clayton county register)