Here is what happened in Q2-July - Sept 2024 @ Foundership

Quick Summary

A few startups from the previous cohorts successfully closed a recent funding round and also raised milestone-based grants, and a few others are getting ready for Token Launch in 2024 to maximize the bull market sentiment.
Foundership's top 10 portfolio startups are currently valued at $236m
49 startups in our portfolio. 9 to 12 of our startups are preparing for token launch in Q3 2024 or Q4 2024.
We successfully closed a partnership with ICP Network (Dfinity Foundation) to offer grants of $50,000 for each startup in ICP-0xCamp. This 0xCamp Season 8 focuses on getting startups to get token launch ready after this program and TGE in 90-180 days.
In discussions with 3 L1 chains to run co-created & co-branded accelerator programs focusing on “Get Token Launch Ready”.
6 startups graduated from the Cohort #6 (XDC-0xCamp) program. Two startups from this cohort are strongly positioned to launch their tokens (TGE) in Q3 2024 or Q4 2024.
4 Startups from the XDC-0xCamp cohort (Cohort #6) will get continued support from Foundership and XDC as they iterate and get ready for token launch.
We are laying the groundwork for a new community club initiative.
Foundership ventures team is actively looking at deals to present to our syndicate. This includes the cohort startups (0xCamp & LaunchCamp) which are close to token launch.
At Token2049, our 0xCamp—Get Token Launch Ready program was deeply appreciated for its high intensity and high value. We received tremendous feedback from the ecosystem and appreciation for the work done so far and the quality of startups marching ahead from our portfolio.
We partnered with Cosmos ecosystem to activate the developer community for their Hackathon Initiatives - Cosmoverse to be held in Dubai Oct 29-31, 2024. We plan to build further on this initiative to build a thriving developer ecosystem that can be leveraged by any L1/L2 chain for “India developer access”
We revitalized our social media and program marketing by leveraging partner teams, which also gave tremendous impetus to our weekly newsletter —> Foundership Lighthouse https://foundershiplighthouse.substack.com/, we have 6500+ subscribers.

Detailed Report

Accelerator Programs

Cohort #6 with 6 Startups actively participating and continuing to build their Web3 Startups with TGE plans in Q4 2024/Q1 2025
Announced new program “ 0xCamp - Get Token Launch Ready” with $50,000 grants from Dfinity Foundation to Build on ICP

Community

We are laying the ground work for a new community club initiative. At least 20 early collaborators shared their interest in joining the movement. Web App Wireframe, Branding and Logo are completed. Web app development in progress - Target completion - Q3 2024.

Partnership

With a focus on upcoming 0xCamp Token Launch Ready Programs, a new set of partnerships was closed, including Market Makers, Marketing Agencies, Dev Studios, KOLs, etc. We added 10 partners in Q4 2023.

Ventures

This quarter has been a slow one, with a seasonal summer dip in volumes coupled with geopolitical pressures. The US elections and the impending FED pivot have also caused most of the industry to be cautious.

The ventures team is actively looking at deals to present to our syndicate. This includes the cohort startups (0xCamp & LaunchCamp) that are close to token launch.

We added new capital partners to our investor circle

Growth & Marketing

We published an RWA report/blog (https://blog.foundershiphq.com/real-world-assets-tokenization-is-real-or-only-an-illusion-cm03z5cly003xj7t9r5t0934c/) that has a detailed coverage on RWA, Venture Investment, Grants, L1 chains and more

We launched a weekly newsletter published as a consolidation of all our posts via substack at Foundership Lighthouse - https://foundershiplighthouse.substack.com. We got we have 6500+ subscribers. Do give it a spin to read. 👆

Product

We continue to streamline all operation tools and are now consolidated to 2 tools:

Our own Accelerator Platform - Foundership SIGNAL and Event CRM tool powered by ExplaraX https://www.explarax.com/

Token Launch Readiness

As the market picked up, we believed that a lot of our portfolio startups would launch their own tokens; we used that insight to build a vast network of relevant connections that can help our startups launch in the most efficient manner. This network is across:

Exchanges
Launchpads
Influencers/ Key Opinion Leaders (KOLs)
Market Makers
Marketing agencies

With this, Foundership has added support to our founders across the entire Web3 value chain, from idea to IDO.

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Do you know a builder or founder who is building a Web3 Project and is in the MVP stage?

Let us help them to get going in the right direction! Please refer her/him to apply for 👇

3-month Olympus Acceleration program by Foundership, where startups Build on ICP to receive Grants of $50,000 from Dfinity Foundation and Get Token Launch Ready!

👉 https://foundershiphq.com/icp-0xcamp