Enhance VC, Draper Associates, and Thesis*, one of many longest-standing enterprise studios funding and constructing manufacturers on Bitcoin, immediately introduced the launch of the BitcoinFi Accelerator, an unique six-week program designed to speed up the subsequent technology of dApps and options constructed on Bitcoin. The co-run program goals to nurture and assist pre-seed groups engaged on revolutionary initiatives in Decentralized Finance (DeFi), Social Finance (SocialFi), and Infrastructure with purposes opening immediately, September 27, 2024. This system will present every challenge with a beginning $150K in funding.
Because the Bitcoin ecosystem continues to evolve, this accelerator gives professional mentorship, technical assets, and important networking alternatives to a choose group of innovators. As much as 20 groups can be chosen to take part in this system, receiving seed funding and the chance to scale their initiatives via direct engagement with Bitcoin’s huge financial potential.
“For years, Bitcoin initiatives have been underfunded. The launch of the BitcoinFi Accelerator marks a paradigm shift in how the Bitcoin developer group accesses assets to scale the full-stack Bitcoin ecosystem. It brings them the capital they want for growing the know-how that places Bitcoin to make use of in the actual world,” mentioned Matt Luongo, CEO of Thesis*. “We’re delighted to collaborate with different business leaders who had been early supporters of Bitcoin and produce their confirmed observe information in early-stage incubation to supply hands-on mentorship.”
The BitcoinFi Accelerator (https://bitcoinfi.community/) is uniquely centered on leveraging Bitcoin’s financial worth and scalability by driving innovation in key areas. These embody decentralized exchanges, lending platforms, community-driven social networks, and different options designed to increase Bitcoin’s capabilities as each a monetary and social software. Taking part groups will profit from professional mentorship and may have the chance to safe follow-on funding from a community of distinguished buyers and business leaders, setting them up for long-term success.
Tim Draper, founding father of Draper Associates, emphasised the transformative potential of the accelerator, stating: “Bitcoin is getting into its subsequent chapter as a platform for real-world options. This accelerator will deliver ahead the perfect and brightest minds within the ecosystem, and I’m excited to see what these groups construct. The potential of Bitcoin as each a worldwide foreign money and a know-how stack is big, and this program will assist unlock it.”Adam Draper, Founder and Managing Director of Enhance VC underscored that Bitcoin is at a precipice for builders to increase the BitcoinFi ecosystem, noting: “Enhance VC is the primary test into deep tech corporations, and 11 years in the past, we pioneered the primary Bitcoin accelerator. We’re continually looking out for the subsequent huge innovation, and now could be the second to construct on Bitcoin. That is why we’ve partnered with Thesis* and Draper Associates to make it occur as soon as once more!”
Purposes for the BitcoinFi Accelerator open immediately and chosen groups will take part within the intensive six-week program starting in November. All through this system, groups will work carefully with mentors to refine their merchandise and techniques, culminating in a closing showcase occasion the place they may current their improvements to a worldwide viewers of buyers and influencers.
About Enhance VC:
Enhance is an early-stage enterprise capital agency centered on being the primary test for sci-fi. Within the crypto house, meaning prescient positions in corporations like Coinbase and EtherScan.
About Draper Associates:
Draper Associates, based in 1985 by Tim Draper, is a seed-stage enterprise capital agency that helps entrepreneurs drive their companies to greatness. Tim Draper is amongst Silicon Valley’s most distinguished enterprise capitalists and invested in legendary corporations akin to SpaceX, Tesla, and Coinbase. He’s an ardent proponent of Bitcoin and is without doubt one of the world’s largest holders of the cryptocurrency.
About Thesis*:
Thesis* is a pioneering enterprise studio devoted to constructing on Bitcoin. Since 2014 Thesis has dedicated to constructing options centered on empowering people and communities via creation of market main merchandise together with Fold, Mezo, tBTC, Acre and Taho in its core portfolio of manufacturers. Thesis* continues to problem conventional techniques, pushed by innovation and a perception in a sovereign digital future shaping the decentralized panorama one challenge at a time.
Enhance VC, Draper Associates, and Thesis*, one of many longest-standing enterprise studios funding and constructing manufacturers on Bitcoin, immediately introduced the launch of the BitcoinFi Accelerator, an unique six-week program designed to speed up the subsequent technology of dApps and options constructed on Bitcoin. The co-run program goals to nurture and assist pre-seed groups engaged on revolutionary initiatives in Decentralized Finance (DeFi), Social Finance (SocialFi), and Infrastructure with purposes opening immediately, September 27, 2024. This system will present every challenge with a beginning $150K in funding.
Because the Bitcoin ecosystem continues to evolve, this accelerator gives professional mentorship, technical assets, and important networking alternatives to a choose group of innovators. As much as 20 groups can be chosen to take part in this system, receiving seed funding and the chance to scale their initiatives via direct engagement with Bitcoin’s huge financial potential.
“For years, Bitcoin initiatives have been underfunded. The launch of the BitcoinFi Accelerator marks a paradigm shift in how the Bitcoin developer group accesses assets to scale the full-stack Bitcoin ecosystem. It brings them the capital they want for growing the know-how that places Bitcoin to make use of in the actual world,” mentioned Matt Luongo, CEO of Thesis*. “We’re delighted to collaborate with different business leaders who had been early supporters of Bitcoin and produce their confirmed observe information in early-stage incubation to supply hands-on mentorship.”
The BitcoinFi Accelerator (https://bitcoinfi.community/) is uniquely centered on leveraging Bitcoin’s financial worth and scalability by driving innovation in key areas. These embody decentralized exchanges, lending platforms, community-driven social networks, and different options designed to increase Bitcoin’s capabilities as each a monetary and social software. Taking part groups will profit from professional mentorship and may have the chance to safe follow-on funding from a community of distinguished buyers and business leaders, setting them up for long-term success.
Tim Draper, founding father of Draper Associates, emphasised the transformative potential of the accelerator, stating: “Bitcoin is getting into its subsequent chapter as a platform for real-world options. This accelerator will deliver ahead the perfect and brightest minds within the ecosystem, and I’m excited to see what these groups construct. The potential of Bitcoin as each a worldwide foreign money and a know-how stack is big, and this program will assist unlock it.”Adam Draper, Founder and Managing Director of Enhance VC underscored that Bitcoin is at a precipice for builders to increase the BitcoinFi ecosystem, noting: “Enhance VC is the primary test into deep tech corporations, and 11 years in the past, we pioneered the primary Bitcoin accelerator. We’re continually looking out for the subsequent huge innovation, and now could be the second to construct on Bitcoin. That is why we’ve partnered with Thesis* and Draper Associates to make it occur as soon as once more!”
Purposes for the BitcoinFi Accelerator open immediately and chosen groups will take part within the intensive six-week program starting in November. All through this system, groups will work carefully with mentors to refine their merchandise and techniques, culminating in a closing showcase occasion the place they may current their improvements to a worldwide viewers of buyers and influencers.
About Enhance VC:
Enhance is an early-stage enterprise capital agency centered on being the primary test for sci-fi. Within the crypto house, meaning prescient positions in corporations like Coinbase and EtherScan.
About Draper Associates:
Draper Associates, based in 1985 by Tim Draper, is a seed-stage enterprise capital agency that helps entrepreneurs drive their companies to greatness. Tim Draper is amongst Silicon Valley’s most distinguished enterprise capitalists and invested in legendary corporations akin to SpaceX, Tesla, and Coinbase. He’s an ardent proponent of Bitcoin and is without doubt one of the world’s largest holders of the cryptocurrency.
About Thesis*:
Thesis* is a pioneering enterprise studio devoted to constructing on Bitcoin. Since 2014 Thesis has dedicated to constructing options centered on empowering people and communities via creation of market main merchandise together with Fold, Mezo, tBTC, Acre and Taho in its core portfolio of manufacturers. Thesis* continues to problem conventional techniques, pushed by innovation and a perception in a sovereign digital future shaping the decentralized panorama one challenge at a time.
