BitcoinFi Accelerator Unveils Revolutionary Pre-Seed Assist Program for Bitcoin Builders

[PRESS RELEASE – Atlanta, GA, September 27th, 2024]

Enhance VC, Draper Associates and Thesis* Be a part of Forces to Foster Innovation in Infrastructure, DeFi and SocialFi

Enhance VC, Draper Associates, and Thesis*, one of many longest-standing enterprise studios funding and constructing manufacturers on Bitcoin, in the present day introduced the launch of the BitcoinFi Accelerator, an unique six-week program designed to speed up the subsequent era of dApps and options constructed on Bitcoin. The co-run program goals to nurture and assist pre-seed groups engaged on revolutionary tasks in Decentralized Finance (DeFi), Social Finance (SocialFi), and Infrastructure with functions opening in the present day, September 27, 2024. This system will present every undertaking with a beginning $150Okay in funding.

Because the Bitcoin ecosystem continues to evolve, this accelerator gives knowledgeable mentorship, technical sources, and important networking alternatives to a choose group of innovators. As much as 20 groups might be chosen to take part in this system, receiving seed funding and the chance to scale their tasks by direct engagement with Bitcoin’s huge financial potential.

“For years, Bitcoin tasks have been underfunded. The launch of the BitcoinFi Accelerator marks a paradigm shift in how the Bitcoin developer group accesses sources to scale the full-stack Bitcoin ecosystem. It brings them the capital they want for growing the expertise that places Bitcoin to make use of in the true world,” mentioned Matt Luongo, CEO of Thesis*. “We’re delighted to collaborate with different business leaders who have been early supporters of Bitcoin and produce their confirmed monitor information in early-stage incubation to offer hands-on mentorship.”

The BitcoinFi Accelerator is uniquely targeted on leveraging Bitcoin’s financial worth and scalability by driving innovation in key areas. These embrace decentralized exchanges, lending platforms, community-driven social networks, and different options designed to increase Bitcoin’s capabilities as each a monetary and social device. Taking part groups will profit from knowledgeable mentorship and could have the chance to safe follow-on funding from a community of outstanding 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 coming into its subsequent chapter as a platform for real-world options. This accelerator will carry ahead the very best 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 expertise stack is gigantic, 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 examine into deep tech corporations, and 11 years in the past, we pioneered the primary Bitcoin accelerator. We’re consistently looking out for the subsequent huge innovation, and now could be the second to construct on Bitcoin. That’s why we’ve partnered with Thesis* and Draper Associates to make it occur as soon as once more!”

Purposes for the BitcoinFi Accelerator open in the present day and chosen groups will take part within the intensive six-week program starting in November. All through this system, groups will work intently with mentors to refine their merchandise and methods, culminating in a ultimate showcase occasion the place they may current their improvements to a worldwide viewers of buyers and influencers.

For info on eligibility and the accelerator’s focus areas go to https://bitcoinfi.network/

About Enhance VC:

Enhance is an early-stage enterprise capital agency targeted on being the primary examine for sci-fi. Within the crypto area, which means prescient positions in corporations like Coinbase and EtherScan. To be taught extra, please go to: https://www.boost.vc/

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 outstanding enterprise capitalists and invested in legendary corporations corresponding to SpaceX, Tesla, and Coinbase. He’s an ardent proponent of Bitcoin and is among the world’s largest holders of the cryptocurrency. To be taught extra, please go to: https://www.draper.vc/

About Thesis*:  

Thesis* is a pioneering enterprise studio devoted to constructing on Bitcoin. Since 2014 Thesis has dedicated to constructing options targeted on empowering people and communities by creation of market main merchandise together with Fold, Mezo, tBTC, Acre and Taho in its core portfolio of manufacturers. Thesis* continues to problem conventional methods, pushed by innovation and a perception in a sovereign digital future shaping the decentralized panorama one undertaking at a time. To be taught extra, please go to: https://Thesis.co/