# About Name: Foundership Blog Description: We accelerate startups through transformational journeys and assist VCs, corporates, and governments with strategic startup initiatives. URL: https://blog.foundershiphq.com # Navigation Menu - Scale Your Startup: https://foundershiphq.com/scale - Build Startup with Us: https://foundershiphq.com/start - Exit Solution for Your Startup: https://foundershiphq.com/exit - About: https://foundershiphq.com/about - Blog: https://blog.foundershiphq.com/ - Ecosystem Solutions: https://solutions.foundershiphq.com/ - Get Started!: https://foundershiphq.com/ # Blog Posts ## Announcing Foundership ICP-0xCamp S7: Get Token Launch Ready in 90 days! Author: Unknown Published: 2025-02-11 Category: 0xCamp Tags: blockchain, token launch, Dfinity, Internet computer protocol, ICP URL: https://blog.foundershiphq.com/announcing-foundership-icp-0xcamp-s7-get-token-launch-ready-in-90-days-cm70ad13i003ru7cgmwi3usve/ ICP-0xCamp is a 3-month/12 week/ 90 day Token Launch Ready program designed for startups to equip them with the tools, knowledge, and resources needed to launch their token via ICO or IDO. It's a stage for global founders building in Web3. This is the 7th cohort of 0xCamp. The current batch is made possible thanks to the collaboration with Dfinity Foundation-Olympus Accelerator > > > 50+ Startups had applied from various domains in Web3. However, only 3 selected startups made it to the end. They range from ESG, Web-AI & Gaming > > You will see a glimpse of what accepted startups are building and how they are shaping the future of the internet. Our purpose for ICP-0xCamp is simple - Get startups Token Launch Ready in 90 with a clear 30-day TGE Plan and secure grants upto $50,000 from Dfinity Foundation While there are many challenges for these startups, some of the most common yet hard ones to crack are  Tokenomics, Partnerships with Market Makers, Launchpads, Exchanges, KOLs and more in the run up the TGE. So far, we received a whooping **1000+ applications** for all 0xCamp batches, including the current one, and we are just getting started. With the start of the ICP-0xCampS7 cohort, We're thrilled to open the application for 0xCamp S8! Check out our ICP-0xCamp S7 startups and engage with them. Because, that's how an ecosystem grow. If you're a founder building in web3 & want to be part of an elite group of builders and innovators, this is your chance. _Apply to [0xCamp S8](https://foundershiphq.com/xdc-0xcamp)! More details are below._ **Introducing the Trailblazers:** --------------------------------- ![ICP-0xCamp](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2025-02-11-at-3-1739267561015-compressed.png) Get ready to witness the future unfold before your eyes, for a new generation of startups is poised to disrupt the landscape with game-changing ideas. We're thrilled to introduce the latest cohort of the Foundership 0xCamp Acceleration Program, a group of innovators who are redefining the very core of Web3 and beyond. ### **1\. MFF Games (Kickdom) :**  ![MFF Game](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/mffgame-1739267197444-compressed.png) MFF GAME is a thrilling football management experience that combines strategy, competition, and immersive gameplay. Manage your club with the ultimate football experience where every decision shapes your path to glory.  * Scout and train elite players * Forge unbeatable alliances * Compete globally and claim your throne **HQ  - Paris** ### 2\. UCO Network - Oily App :  ![Uco Network](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/uconetwork-1739267377767-compressed.png) UCONetwork is an ecosystem dedicated to improving the collection and recycling of used cooking oil (UCO) for biofuel production, ensuring regulatory compliance and operational efficiency while boosting value and participation in the circular economy using blockchain and IoT technology. The UCO Collection App is available for collectors and producers worldwide! [https://www.uco.network/](https://www.uco.network/) Oily is the learn, map and recycle used cooking oil app by UCO Network! Learn about how we can all revolutionize the UCO industry, map restaurants not recycling used cooking oil and get rewarded! Become an Oily Ambassador today! [oilydapp.uco.network](https://oilydapp.uco.network/) **HQ  - Dubai** ### 3\. Bridge23 :  ![Bridge23](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/bridge23-1739267442221-compressed.png) Bridge23 is a game-changing platform powered by AI agents for team and community management. Here’s what makes it stand out: * 3,600 total users with 400 active monthly in beta * $180,000 secured in funding * Triple Hackathon Champion Experience seamless integration, automated analytics, and community growth optimization with Bridge23. 💡🚀 **HQ  - Thailand** ### ​**These are just a glimpse of the brilliant minds who call Foundership their home!**​ Each startup is fueled by a relentless passion to rewrite the rules, push boundaries, and leave their mark on the world. Stay tuned as we delve deeper into their stories, witness their growth, and celebrate their triumphs. The future is here, and it's being built by the visionaries we have the privilege to introduce today. ![ICP-0xCamp Startups](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2025-02-11-at-3-1739267814387-compressed.png) **Why Foundership over other accelerator?** ------------------------------------------- We're the leading Web3 accelerator for global startups​ * 1000+ global Web3 projects have applied to our programs in the last 10 months! * Top 10% of our accelerator startups are valued at $332mn! * 100+ global coaches from the US, Europe, Dubai, Singapore, and India are part of this program CoachDAO to coach you in executing in the right direction * 50+ Capital partners worldwide who are both native Web3 investors and equity investors who back web3 startups. **Who Can Benefit?** -------------------- If you’re a startup with a vision, a product, and the drive to succeed, 0xCamp is for you. Whether you're in the early stages or gearing up for a token launch, our program caters to: * Startups with a minimum viable product (MVP) or a live product with a growing user base * Projects with a compelling token use case and utility * Teams that have secured angel or pre-seed funding of at least $100k * Startups gearing up for a token launch within the next six months, led by at least one tech-savvy co-founder **Announcing the next batch** ----------------------------- We're super pumped to announce XDC-0xCamp S8! Applications are now open: [XDC-0xCamp S8](https://foundershiphq.com/xdc-0xcamp)​ **Conclusion** -------------- **0xCamp** is more than just an accelerator program; it's a dynamic ecosystem fostering innovation, collaboration, and growth in the Web3 space. With each new batch, we see a surge of creativity and determination from young, dynamic global founders striving to reshape the future of the internet. Their visions are not merely ideas; they are tangible solutions addressing real-world challenges with strong token utilities for exchange of value! As we eagerly open the doors for [0xCamp S8](https://foundershiphq.com/xdc-0xcamp), we invite the next wave of passionate builders to join us in this thrilling journey. Whether you're an entrepreneur seeking to transform your dreams into reality or an investor looking to support the next big thing, 0xCamp is where possibilities become achievements. Together, we are not just building products; we are crafting the future. Join us and be part of the change that is not only imminent but essential. Apply to [0xCamp S8](https://foundershiphq.com/xdc-0xcamp) today and take your first step towards making a lasting impact in the world of Web3. Your time is now. Thanks for reading! Check out our previous cohort announcements [0xCamp S6](https://blog.foundershiphq.com/announcing-foundership-xdc-0xcamp-s6-get-token-launch-ready-in-90-days-clypi3mxa002112jdhcmiouql)  About Foundership ----------------- ​[Foundership](https://foundershiphq.com/) is a global web3 and emerging-tech accelerator VC that empowers ventures with a unique blend of Coaching, Capital, and Community. Our specialized programs, 0xCamp for early-stage startups and LaunchCamp for growth-stage startups serve as catalysts for leveraging the vast potential of the Foundership ecosystem to facilitate token launches and foster scalable growth. Our cohort programs, which typically last three months, are deeply ingrained with contextual coaching and outcome-oriented approaches. Foundership co-invests up to US $100,000 alongside our esteemed partners in top Web3 startups poised for token launches. Moreover, our exemplary track record of over 40 global startups valued at over $200 million, spanning five cohorts and nine countries, is a testament to our program's strength. Foundership's vast network of 80+ coaches, 60+ Capital partners, 80+ ecosystem partners and 10,000+ community members ensures that startups are supported across the value chain. This network fosters robust interactions and mutual support, creating a vibrant startup ecosystem worldwide. To learn more about Foundership visit: | [Website](https://foundershiphq.com/) | [Twitter](https://www.twitter.com/foundershiphq) | [LinkedIn](https://www.linkedin.com/company/foundershiphq) | [Telegram](https://t.me/foundership) About Dfinity Foundation ------------------------ The **Dfinity Foundation** is a Swiss-based non-profit research organization focused on advancing decentralized computing. It is best known for creating the **Internet Computer (ICP)**, a revolutionary blockchain that extends the public internet to host software, smart contracts, and dApps in a fully decentralized manner. Unlike traditional blockchains, which rely on external cloud services for storage and computation, **ICP eliminates centralized infrastructure**, offering a **high-performance, scalable, and secure alternative** for Web3 applications. ### **The Vision**  Dfinity Foundation envisions a world where the internet is **free from monopolistic control**, empowering developers to build and scale decentralized applications without relying on Big Tech cloud providers like AWS or Google Cloud. The **Internet Computer Protocol (ICP)** enables smart contracts—called **canisters**—to run at web speed, making it one of the fastest and most efficient blockchain platforms available today. ### **Key Unique Offerings of ICP Blockchain** #### **1\. Web-Speed Smart Contracts** Traditional blockchains struggle with transaction speeds, but **ICP enables smart contracts to execute in milliseconds**, making it ideal for high-performance applications like DeFi, social networks, and enterprise solutions. #### **2\. On-Chain Storage Without Cloud Dependencies** Unlike Ethereum and other blockchains that depend on off-chain storage solutions (e.g., IPFS, AWS, or Arweave), **ICP stores everything on-chain**, reducing reliance on centralized servers and making applications truly decentralized. #### **3\. Infinite Scalability Without Gas Fees** ICP operates on a **reverse gas model**, where developers prepay for cycles, removing unpredictable gas fees for end-users. This **scalability-first design** allows applications to grow without hitting bottlenecks. #### **4\. Decentralized Autonomous Infrastructure** ICP runs on a **network of independent node providers** across multiple jurisdictions, ensuring security and censorship resistance. Its **Network Nervous System (NNS)** automates governance, allowing token holders to participate in decision-making. #### **5\. Internet Identity for Secure Web3 Authentication** ICP introduces **Internet Identity (II),** a privacy-preserving authentication system that replaces traditional passwords with cryptographic authentication, enhancing security and usability for dApps. **To learn more about Foundership visit:** ###  [Dfinity Foundation](https://dfinity.org/) | [ICP](https://internetcomputer.org/) | [Telegram](https://t.me/+m8tiEFaaNR8xNjNl) | [X](https://x.com/dfinity) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 2025: Web3 & Crypto Predictions and Outlook - Foundership Author: Unknown Published: 2025-02-10 Category: Update Tags: Foundership URL: https://blog.foundershiphq.com/2025-web3-and-crypto-predictions-and-outlook-foundership-cm6yqkmqf002dfnwtik6uuvby/ Here are our predictions and outlook for 2025 at Foundership! If you are building a Web3 project, we would look to fund and accelerate it in 2025! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-web3-and-crypto-predictions-and-outlook-1739181219058-compressed.jpg) 2025 by Pranav -------------- 1.    **USA** will announce Bitcoin as a strategic reserve asset 2.    **AI Agents** will be the flavour of Q1 2025 & both AI infra agents plus AI agent launched meme tokens will have massive mindshare 3.    **Altseason** is going to be gradual & tough. I don’t expect a 2021 like mad pump on TGE. Projects will have to deliver value 4.    **AI agent** launches or meme launches will be the norm for all projects. Every large web3 project will launch an AI agent token or a meme token to engage & incentivize their community 5.    **Defi** on BTC & L2 on BTC will not take off till much later in the cycle. Partly due to the tech still being untested & partly because they haven’t garnered enough attention outside of their ecosystem 6.    **Sol** is going to gun for ETH market cap and Sui will be the new SOL. 7.    **Hyperliquid** will become the DEX of choice for everyone in the world. This is one of the biggest value unlocks this cycle that could go to a $100 bn FDMC 8.    **Crypto regulations** will weigh down on a lot of old Dapps, especially in DeFI. Regulators in EU, USA, UK, UAE, Singapore, Hong Kong, India and other G20 nations will bring a lot more clarity which will mean projects will revisit how they conduct business in each of these geographies 9.    **Corporates** will continue to buy Bitcoin. This is perhaps the biggest change in bitcoin’s journey all thanks to the likes of Saylor & others following their path 10. **NFTs** as usual will see an upsurge towards the peak of the cycle with a lag in its peak (very similar to 2021-2022), I highly recommend everyone staying away from them. > **Follow Pranav to hear his insights and engage in conversations on** [**X**](https://x.com/finallrounder) **and** [**LinkedIn**](https://www.linkedin.com/in/pranava10/)**.** 2025 by Bimlesh --------------- 1. **The Rise of Real-World Assets (RWAs)** – Tokenization of real-world assets like real estate, commodities, and compute infrastructure will gain mainstream adoption, with institutional players entering the space. 2. **Regulatory Clarity Will Drive Institutional Adoption** – More jurisdictions will introduce clearer regulations for crypto, leading to an influx of institutional capital into compliant projects, especially in stablecoins, RWAs, and DeFi. 3. **Web3 Gaming’s Breakout Year** – Blockchain gaming will see a new wave of successful games seamlessly integrating on-chain mechanics while prioritizing gameplay, attracting millions of new users. 4. **AI x Crypto Convergence** – AI-driven crypto projects, from decentralized AI networks to on-chain AI agents, will emerge as a key trend, revolutionizing trading, security, and decentralized governance. 5. **Decentralized Physical Infrastructure (DePIN) Growth** – DePIN projects focused on computing, storage, and telecom (like Helium & Render) will increase adoption as decentralized models challenge traditional infrastructure providers. 6. **Stablecoins and Cross-Border Payments Surge** – The use of stablecoins in global remittances and cross-border settlements will expand, with traditional finance integrating stablecoins into payment rails. 7. **Crypto Social Networks Take Off** – Decentralized social media (DeSo) and creator economy platforms will gain traction, shifting power away from centralized platforms and giving users more control over content and monetization. These trends will define the crypto industry's direction in 2025, creating new opportunities for builders, investors, and adopters. 🚀 > **Follow Bimlesh to hear his insights and engage in conversations on** [**X**](https://x.com/bimleshgundurao)**,** [**LinkedIn**](https://www.linkedin.com/in/bimleshgundurao/) **and** [**YouTube**](https://www.youtube.com/@Foundership)**.** 2025 by Santosh --------------- 1. **SocialFi: Breakout projects -** Account abstraction and seamless onboarding will unlock mainstream adoption. The AI vs. real-user narrative will push onchain reputation systems, and with stablecoin proliferation, there will be 3 to 5 breakout SocialFi startups capturing significant market share. 2. **Web2 → Web3: Online & Onchain -** Mass adoption hinges on invisible blockchain integration. Traditional tech companies will leverage Web3 rails for stored value and payments, with SaaS platforms leading the charge as payment is still a hurdle for millions of users worldwide to use a SaaS tool. Stablecoins will become the bridge between Web2 and Web3 economies. 3. **DePIN: Infrastructure at Scale -** Several breakout startups have already emerged in the DePIN space, but DePIN has the potential to go mainstream as founders find local resources & infrastructure in their country /region to leverage near-shore networks before going global DePINs. 4. **AI-first Web3 -** AI-first is going to be the norm across all tech-first businesses in the coming few years. Considering Web3 is complex enough for users, AI-first Web3 products will become the way forward from 2025 onwards. Offer personalized Web3 experiences at scale with AI. 5. **Vertical-Specific Stablecoins -** We will witness Industry-tailored stablecoins solving real pain points in cross-border transactions and settlements. Stablecoins (with Trustless systems built-in) will drive operational efficiency across supply chains, real estate, and enterprise. Regulatory clarity will accelerate adoption. 6. **Brand Token & Loyalty -** Brand tokens become ubiquitous as D2C & Consumer product companies embrace web3. Network effects and interoperability create new loyalty paradigms. Token economics will reshape customer engagement and retention strategies. 7. **Gaming -** Gaming will continue to make big comebacks but not the play-to-earn ones! Real good gaming projects that leverage Web3 and create valuable experiences for players and the ecosystem. 8. **Bitcoin DeFi Emergence -** BTC moves beyond store-of-value. L2 solutions and stablecoin integration unlock DeFi functionality. The largest crypto asset by market cap enters its next evolution phase. 9. **Web3 Policy Momentum -** The post-US-election regulatory landscape will drive coordinated industry action. Strategic lobbying efforts will shape multi-stakeholder coalitions and advance mainstream crypto adoption. 10. **Digital Asset Markets Mature -** Most countries will open their country-specific regulations /sandboxes to experiment Digital Asset Tokenization. > **Follow Santosh to hear his insights and engage in conversations on** [**X**](https://x.com/santoshpanda) **and** [**LinkedIn**](https://www.linkedin.com/in/santoshpanda/)**.** \------------------------------------ At Foundership, we had a good year 2024! 2024 - a year that went by -------------------------- * The year started off with the great potential for crypto markets to recover from their ATL of 15k on November 22 and reach a new **all-time high of ~$73K by March 2024** * Tough times for our startups during 2023 and with early signs of recovery, several managed to secure grants and small fundraising cheques * It was a year of rebuilding based on market conditions and launching new programs that created a more solid impact on the ecosystem * We created the 1st "Get Token Launch Ready" program in partnership with the XDC network to target startups who had the potential to launch their token as the markets recovered * Our experience from our LaunchCamp programs during the bear markets enabled us to build partnerships with the ecosystem and a playbook that would enable web3 startups to get token launch-ready * This success positioned us uniquely in the market that now supports growth-stage startups as well * Our ability to pause, reflect, and adapt was critical during this period * We had trimmed our team size and moved to a new office space at the beginning of the year and * US Presidential elections brought new energy and vigor to 2025 for all of us looking at Web3 and Crypto * New partner ICP signing up for the Get Token launch-ready cohort was able to replicate success with 1 chain to the other * Bear markets are temporary, but resilient founders continue to build and deliver value * We saw a boom in Meme token launches spurring the Solana Ecosystem * Our portfolio of Top 10 startups’ valuation moved up to $332 mn > If you are building a Web3 project, we would look to fund and accelerate it in 2025! Find more on [www.foundershiphq.com](http://www.foundershiphq.com) ​ ​ ​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Here is what happened in Q2-July - Sept 2024 @ Foundership Author: Unknown Published: 2024-10-28 Tags: Accelerator, Foundership, Quarterly Update URL: https://blog.foundershiphq.com/here-is-what-happened-in-q2-july-sept-2024-foundership-cm2switn000b2wixox12wxx6w/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-happened-in-q1-july-sept-2024-1-1730127512155-compressed.png) Quick Summary​ -------------- 1. 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​**_ 2. _**49 startups in our portfolio**_. 9 to 12 of our startups are preparing for token launch in Q3 2024 or Q4 2024.​ 3. 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. 4. _**In discussions with 3 L1 chains to run co-created & co-branded accelerator programs**_ focusing on “Get Token Launch Ready”.​ 5. _**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.​ 6. 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.**_ 7. We are laying the _**groundwork for a new community club initiative**_.​ 8. 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. 9. 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. 10. 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” 11. 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/**_](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/) ([https://blog.foundershiphq.com/real-world-assets-tokenization-is-real-or-only-an-illusion-cm03z5cly003xj7t9r5t0934c/](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](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/](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. \------------------------------------------ _**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)[https://foundershiphq.com/icp-0xcamp](https://foundershiphq.com/icp-0xcamp) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/gavireqaaaacj1j-1730117587038-compressed.jpeg) ICP blockchain unlocks the power of smart contracts and explores the advanced design choices that make this possible. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Token 2049 – 2024 Highlights: A Week of Crypto, F1 & more Author: Unknown Published: 2024-09-25 Category: Entrepreneurship Meta Title: Token 2049 – 2024 Highlights Meta Description: A week of Crypto, F1 and more. Check out Team Foundership Highlights from a week long trip in 2024 to Singapore. Tags: web3 scalability, VC, Token2049, Singapore, Solana, TON, Crypto investments URL: https://blog.foundershiphq.com/token-2049-2024-highlights-a-week-of-crypto-f1-and-more-cm1hu633k0030fw5s3mftvp73/ Been traveling to Singapore for the last two years, and if there’s one thing I’ve learned, it’s that Token2049 is like the crypto industry's own F1 Grand Prix—just with fewer cars, but way more tokens.  This year, the annual crypto conference week was not only about serious blockchain talk but also ran right into the adrenaline-fueled backdrop of the Singapore Grand Prix. And believe me, that combination creates _quite_ the buzz. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/tokenstage-1727267433179-compressed.jpg) Token2049 isn't just a conference anymore; it’s a full-blown _crypto carnival_ stretching beyond two days into a week-long ecosystem takeover. Think of it as the Super Bowl of crypto where even the side events have side events! Last year, there were around 300+ side events.  **This year? Over _500_! And who says crypto folks don't know how to party?** ![Crypto party](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/view-recent-photos-1727282518799-compressed.jpeg) Key Takeaways from the Madness: 1. **Conference Overload**: It wasn’t just Token2049 dominating the agenda. In between grabbing coffee and contemplating blockchain’s next move, you could also squeeze in a few extra conferences like RWA Summit, Chain Fusion Day, and the Bitcoin Summit. My personal favorite? Trying to navigate all these events without passing out from information overload! 2. **No More Whitepapers!**: Want funding? You better show up with something more than just a fancy PDF. The number one question at every meeting: _“Do you have a live product? Is it on Testnet?”_ If you’ve still got only a whitepaper in 2024, you might want to consider another career. It's refreshing though—finally, we’re talking real products, real users, and (fingers crossed) real money! 3. **Grants and Hackathons Are Alive, But Tough**: Grants and hackathons are still a thing, but the bar’s high, as it should be. If you’re a developer hoping for easy money, welcome to 2024—it's time to _earn_ it! 4. **Builders Galore (Mostly from SE Asia)**: Developers are flooding in from Southeast Asia like never before. DeFi, DePIN, RWA—you name it, they’re building it. These guys are quietly revolutionizing the space, one protocol at a time. 5. **F1 Meets Crypto**: And what’s a conference in Singapore without some F1? Every year, Token2049 ropes in an F1 driver to chat crypto. Last year, it was Daniel Ricciardo; this year, the _unstoppable_ Max Verstappen! Crypto and F1… what’s next? Tokenized pit stops? As a Redbull and Maxie fan, they did not have the final laugh as they were 1st runners up on the race day! 6. **Rule No. 1: Build Anything Consumer-Friendly and Entertaining!**: The message was clear—if you want to get ahead in 2024, your product needs to be fun, engaging, and simple enough for anyone to use. Projects that focus on entertainment and consumer-friendliness are standing out in a space that’s typically bogged down by complexity. 7. **We’re in the Midst of an Infrastructure Bubble**: Everyone’s still talking infrastructure, but it feels like we’ve reached saturation. The next frontier? Applications. Infrastructure might be essential, but without killer apps, we’re just building without direction. 8. **Solana Is Only Getting Stronger**: Once dismissed, Solana is proving it’s here to stay. With massive partnerships and a growing ecosystem, Solana’s ascent shows no signs of stopping. Developers, users, and investors are all piling in. 9. **TON Ecosystem—Hyped but Still Waiting for the Right Entry**: Everyone’s buzzing about TON (The Open Network), especially after Telegram’s recent push. But there’s still a sense of hesitation. While the potential is undeniable, many are waiting for that perfect moment to jump in. 10. **RWA Needs Retail Adoption and Traction First to Go Mainstream**: Real-World Assets (RWA) are making headlines, but the general consensus is that it needs the backing of _retail users_ to really go mainstream. Institutional interest is growing, but until we see everyday consumers involved, RWA will remain niche. 11. **The Future of Memes and NFTs Looks Bright**: The era of memes and NFTs isn’t over; in fact, it’s just getting started. Whether it’s tokenizing digital culture or creating viral moments, NFTs are poised for a strong comeback. Projects that can combine meme culture with utility are especially well-positioned. 12. **Bitcoin Season Is Still Here**: While many are focusing on new projects and trends, Bitcoin remains at the core of the conversation. A robust community and increasing institutional involvement suggest that Bitcoin’s influence is only growing. From Bitcoin Layer 2 solutions to applications that bridge DeFi and BTC, it’s clear the original crypto isn’t going anywhere. 13. **Even KOLs (Key Opinion Leaders) Are Fundraising**: It’s not just startups raising capital—crypto influencers and thought leaders are diving into the investment game. Whether they’re launching their own funds or backing emerging projects, KOLs are more involved in shaping the future of Web3 than ever before. ### ### The Asian Crypto Scene: Bullish Vibes All Around One of the biggest shifts this year? Asia’s solidifying its place as the _it_ region for crypto. While the U.S. wrestles with regulations, Asia is charging ahead like a bull in a DeFi shop. Hong Kong, Singapore, and Dubai are leading the charge with crypto-friendly environments. South Korea, Japan, and Vietnam? They’re developing some of the strongest communities and trading ecosystems. Honestly, if you’re not building in Asia, you might want to rethink your strategy. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/img5752-1727269153903-compressed.JPG) ### VCs Changing the Game VCs have gone from chasing infrastructure to targeting Dapps like there’s no tomorrow. The infra wave might be hitting a saturation point, but hey, there’s no shortage of Dapp excitement. If you’ve got something to show in gaming, DeFi, or social apps, the spotlight’s on you. ### Adoption Is Coming (For Real This Time) Layer 2s are growing like crazy, but the real challenge? Getting users and liquidity. With the likes of Telegram teaming up with TON Blockchain to launch a self-custodial wallet, onboarding 800 million users could become a reality soon. Mass adoption is no longer a distant dream—it's here, just maybe not as evenly distributed as we’d like. ### Solana's Breakpoint – The Afterparty (But Not Really) After Token2049, Singapore turned into _Solana Breakpoint Land_. It was a different crowd, full of hardcore Solana enthusiasts. These guys weren't just talking the talk; they were walking the blockchain walk. Franklin Templeton and Solana teamed up, and even Societe Generale's Euro-pegged stablecoin made its debut on Solana. Let’s not forget rumors of a possible Citi Bank partnership—now _that_ could be a game-changer. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/img5887-1727269136362-compressed.JPG) ### Fun Fact: Builders Are Bullish Again! Builders are back, baby! The crypto winter might’ve slowed things down, but now, with talks of Bitcoin Layer 2s and decentralized AI, the space is heating up once more. And Vitalik Buterin? He dropped a Grammy-worthy mic moment, proclaiming that “ZK is the End Game!” Yep, Zero-Knowledge proofs are the future. You heard it here first (well, second if you were there). ### And For Us at Foundership... It’s been an _amazing_ week for us at Foundership. XDC Demo Day by Foundership was amazing. We had 9 fantastic startups pitch to a room full of VC's, Market Makers, Ecosystem folks and community. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-09-25-at-6-1727267794140-compressed.png) Bimlesh & Santosh - Welcome & Introductions ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/dsc03842-copy1-1727268021267-compressed.jpg) Ritesh Kakkad - CoFounder XDC - Key Note ![VC Panel](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/dsc04089-copy-1727282783148-compressed.jpg) VC Panel (Left to Right) - Dariia, Marvin, Khalid, Mona ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/img5819-1727269196587-compressed.JPG) Foundership Ecosystem & Portfolio Startups We’ve been swamped with meetings, chatting with everyone from startups to VCs to ecosystem partners. The recognition we’re getting? Crazy! Its unbelievable to think that just a couple of years ago, we were new to the scene, and now we’re making waves with our portfolio companies! We are just getting started! ### In a Nutshell: * **Real-World Asset Tokenization** is hot. BlackRock, Goldman Sachs, and others are backing this, so expect to see commodities like oil and gold tokenized soon. * **DePIN** is reshaping industries. Who knew we’d be decentralizing _physical infrastructure_ like servers and wireless networks? * **Stablecoins** continue to be crypto’s killer app. Expect them to grow stronger, despite the turbulence. * **TradFi Meets Web3**: Big names like JP Morgan and Goldman Sachs are pushing blockchain adoption through ETFs and tokenization. Token2049 2024 wasn’t just about showcasing the next big thing—it was about solidifying the blockchain revolution in the mainstream. So whether you’re building, investing, or just along for the ride, there’s no doubt: the next bull run is going to be wild. And I, for one, can't wait! Cheers to the builders, the hustlers, and the believers in this space—we’re just getting started! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/img6366-copy-1727283134196-compressed.JPG) Impromptu Meetup on last day - Sunday! ​[Check out our detailed guide on RWA](https://blog.foundershiphq.com/real-world-assets-tokenization-is-real-or-only-an-illusion-cm03z5cly003xj7t9r5t0934c/) ​[Apply to our next cohort](https://foundershiphq.com/0xcamp-token-launch)​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing the next season of 0xCamp Season 8 - Nov 2024 ICP-0xCamp Author: Unknown Published: 2024-09-12 Category: 0xCamp Meta Title: ICP-0xCamp - Build on ICP & Get $50,000 grants Meta Description: 3 month Olympus Acceleration program, where startups Build on ICP to receive Grants of $50,000 from Dfinity Foundation and Get Token Launch Ready! Tags: Accelerator, ICP, grants URL: https://blog.foundershiphq.com/announcing-the-next-season-of-0xcamp-season-8-nov-2024-icp-0xcamp-cm0yywrnm002nzsqkwpbpg5du/ "Build on ICP & Get Token Launch Ready" --------------------------------------- 3 month Olympus Acceleration program, where startups Build on ICP to receive Grants of $50,000 from Dfinity Foundation and Get Token Launch Ready! ICP blockchain unlocks the power of smart contracts and explore the advanced design choices that make this possible. Are you ready to take your project to the next level in the crypto world? Do you dream of launching a token that not only stands out but also attracts substantial investment?  Look no further than 0xCamp by [Foundership](https://foundershiphq.com/) – the ultimate destination for turning your project into a big thing! **The Journey Begins: Build on ICP, Get Token Ready & Get $50,000 in Grants!** ------------------------------------------------------------------------------ Embarking on the journey of launching a token can be daunting, filled with challenges and uncertainties. However, with the right guidance and support, it can also be the beginning of an exhilarating adventure towards success. Enter 0xCamp – a three-month intensive program designed to equip you with the tools, knowledge, and resources needed to launch your token via ICO or IDO. ![ICP-0xcamp](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/icp-0xcamp-1726126272851-compressed.png) Key Dates Applications Open - 1st September 2024 Last Date to apply - 15 October 2024 Program Start Date - 15 Nover 2024 **Why Choose ICP-0xCamp?** ----------------------------- ### **Problem: Overcoming the Hurdles of Token Launch** Standing out in a sea of countless projects vying for attention is no easy feat. Building a strong community, navigating tokenomics, forging exchange partnerships—the list of challenges goes on. However, at 0xCamp, we understand these obstacles and are here to help you overcome them. ### **Solution: A Pathway to Success to Build & Get Token Launch Ready!** With a laser focus on getting your project token-launch ready in just three months, 0xCamp offers a comprehensive solution to your challenges. Our program brings together a curated selection of KOLs and industry experts, from market makers to tokenomics specialists and more, to guide you every step of the way. ### **The Journey Unfolds: 0xCamp Programs** Virtual Cohorts for Global builders No matter where you are in the world, 0xCamp welcomes you to join our virtual cohorts for an immersive experience like no other. **Unlock Your Potential: Get $50,000 in Grants** --------------------------------------------------- As a testament to our commitment to your success, we offer an enticing incentive for achieving program milestones. By participating in the 0xCamp Build on ICP & Get Token Launch Ready (GTLR) Program, you not only gain invaluable insights and support but also stand to receive: * All support to Build on ICP from global ICP Hubs and Dfinity Foundation * Receive $50,000 grants upon successful completion of the program ICP Themes to build on  ----------------------- 1\. DeAI -------- Run your AI models on the blockchain Run AI models entirely on-chain to benefit from the security, resilience, and power of the ICP blockchain. 2\. DeFi -------- On-chain swaps Imagine a decentralized order-book exchange built exclusively using smart contracts that directly serve a web experience like those of centralized exchanges, and incorporates the world's digital assets without need for insecure bridges. 3\. DAOs on ICP --------------- Community-owned Web3 An open internet service (OIS) keeps all its code, user experience, compute and data on-chain, and must be transparently configured, updated and instructed by an advanced DAO. The Internet Computer enables this via a public governance DAO framework called a service nervous system (SNS). 4\. Enterprise Cloud 3.0 ------------------------ Extend Web2 software with blockchain The Internet Computer is an efficient cloud that allows enterprise to save on intractable R&D, security and legacy software costs by building more simply using an advanced evolution of smart contract technology hosted on an all-new form of blockchain. 5\. Gaming ---------- Paradigm shift in Web3 gaming Enabled by smart contracts, Autonomous Worlds are a paradigm shift in gaming, enabling developers, modders and players to build composable, and permissionless game worlds that live on the blockchain forever. Now possible on the Internet Computer — 100% on-chain. 6\. SoFi -------- Reclaim social media Internet Computer blockchain flips the script by enabling dapps to turn into DAOs that put the control in the hands of the community. Take full ownership and control over decentralized social media platforms. Structured & Focussed Sprint Approach ---------------------------------------- ### **Sprint - 1: Lay the Foundation** * Dig deeper into the team * Get a Coach * Audit for token preparedness * Get Started on ICP Integration * Build narrative for token launch ### **Sprint - 2: Building Momentum** * Build ICP Integration * Evaluate token entity setup * Build Tokenomics * Build Pitch Deck * Build Partnerships ### **Sprint - 3: Seal the Deal!** * ICP Testnet Integration * Grow Partnerships * Finalize Pitch Deck * Finalize Tokenomics * Start fundraising from Investors & Ecosystem partners ### Sprint 4 Onwards: Launch Token (within 120 days) * ICP Integration on Mainnet * Community & Social Media Growth * Accelerate Fundraising Outreach * Demo Day at UAE * 30 Day Plan for TOKEN Launch! 0xCamp is an intense 12 week program. Weekly progress in critical! **Who Can Benefit?** -------------------- If you’re a startup with a vision, a product, and the drive to succeed, 0xCamp is for you. Whether you're in the early stages or gearing up for a token launch, our program caters to: * Startups with a minimum viable product (MVP) or a live product with a growing user base​ * Projects with a compelling token use case and utility * Have fundraised and/or received grants of atleast $200k * Startups gearing up for a token launch within the next six months, led by at least one tech-savvy co-founder Ecosystem Network & Support ------------------------------ Everyone in the Foundership ecosystem is geared up for your success. Get support and partner with a highly curated set of organizations who can vouch for support your token launch! \- L1/L2 chains \- Market Makers \- Marketers \- KOL's \- Exchanges \- Investors \- Community and more Token launch ready from our Portfolio Startups ------------------------------------------------- You are not alone! Few of our portfolio startups are gearing up for their token launch with a TGE in 2024/2025! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-s8-token-portfolio-1726128410323-compressed.png) Why Foundership over other accelerator? * We're the leading Web3 accelerator for global early-stage startups * 750 global Web3 projects have applied to our programs in the last 10 months! * Top 10% of our accelerator startups are valued at ~$210mn+ * 1000+ global coaches from the US, Europe, Dubai, Singapore, and India are part of this program CoachDAO to coach you in executing in the right direction * 70+ Capital partners worldwide who are both native Web3 investors and equity investors who back web3 startups. * 100+ Ecosystem partner worldwide who are both native Web3 business, service providers & tool to add value to each startup on their business. **Conclusion: Dare to Dream, Dare to Launch** --------------------------------------------- In the fast-paced world of cryptocurrency, seizing opportunities is key to staying ahead amidst the bull market. With 0xCamp by your side, you can turn your dreams of a successful token launch into a tangible reality.  **0xCamp** is more than just an accelerator program; it's a dynamic ecosystem fostering innovation, collaboration, and growth in the Web3 space.  With each new cohort, we see a surge of creativity and determination from young founders striving to reshape the future of the internet. As we eagerly open the doors for 0xCamp Season 8, we invite the next wave of passionate builders to join us in this thrilling journey.  Whether you're an entrepreneur seeking to transform your dreams into reality or an investor looking to support the next big thing, 0xCamp is where possibilities become achievements. Together, we are not just building products; we are crafting the future. Join us and be part of the change that is not only imminent but essential. Apply Now to 0xCamp S8 on this transformative journey and let's make your project the next success story in the crypto universe. [](https://foundershiphq.com/0xcamp-token-launch)[ICP-0xCamp Apply Now](https://foundershiphq.com/icp-0xcamp) ​[Check out our prev. cohort announcements](https://blog.foundershiphq.com/0xcamp-transform-your-web3-startup-into-a-token-launch-success-story-clu9h8jvv000dacci333o0rgd/)​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Real World Assets Tokenization, is Real or only an Illusion? Author: Unknown Published: 2024-08-21 Category: Thought Leadership Meta Title: Real World Assets Tokenization, is Real or only an Illusion? Meta Description: A Comprehensive guide on Real World Assets (RWA), that every startup founder building an RWA startup and investor investing in them can use. Tags: blockchain, web3, real world assets, Venture Capital, RWA Comprehensive Guide URL: https://blog.foundershiphq.com/real-world-assets-tokenization-is-real-or-only-an-illusion-cm03z5cly003xj7t9r5t0934c/ Real World Asset (RWA), the concept is simple yet profound: transforming physical assets into digital tokens that can be traded, fractionally owned, and managed on decentralized platforms powered by algorithms!  But amidst the excitement and promise, one must ask—can the tangible world truly be digitized, or is this just another illusion in the ever-volatile crypto space?  RWA is the largest niche in the crypto market, with a market cap of around $120 billion. Surprised? Well, it turns out stablecoins are nothing but tokenized fiat currencies. (We're talking about stablecoins with real backing, like USDT and USDC, not algorithmic stablecoins.) USDT has been around since 2014, so the RWA sector has been in the game for 10 years, even though it might seem like a recent trend. With [$867T in traditional markets](https://www.coindesk.com/markets/2021/05/07/world-economic-forum-blockchain-could-disrupt-867t-in-traditional-markets/) ready to be disrupted by blockchain-based technologies, the opportunity to systematically improve global economies is real.  In this comprehensive guide, we delve into the complexities of RWA tokenization, exploring its potential, challenges, and the reality behind the buzz. ![Real World Assets](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-1-1724666996882-compressed.png) **Real-World Assets (RWA) : A Comprehensive Guide** --------------------------------------------------- **Introduction** ---------------- The integration of Real-World Assets (RWA) into the blockchain ecosystem represents one of the most promising and transformative trends in the crypto industry. Over the past ~24 months, significant progress has been made, and RWAs are poised to play a crucial role in bridging traditional finance with decentralized finance (DeFi). This guide explores the concept of RWA, its necessity, evolution, customer base, regulatory landscape, key players, and future opportunities. **What is RWA?** ---------------- Real-world assets (RWA) refer to physical or tangible assets such as real estate, commodities, invoices, and more that are tokenized and brought onto the blockchain. This tokenization process involves creating a digital representation of the physical asset, allowing it to be traded, transferred, and utilized within the blockchain ecosystem. In recent years, the concept of tokenization has gained significant attention in the world of finance and investment. Real-world asset (RWA) tokenization, in particular, has emerged as a game-changer, revolutionizing the way traditional assets are bought, sold, and traded. With the growing adoption of blockchain technology and the increasing demand for digital assets, the **[real world asset tokenization](https://www.antiersolutions.com/asset-tokenization/)** is poised to experience substantial growth in the coming years. ![Tokenization flow](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-tokenization-1724732896335-compressed.webp) Industries that can be Tokenized! --------------------------------- ### **1\. Real Estate** The real estate industry has been quick to recognize the benefits of RWA tokenization. By converting physical properties into digital tokens, real estate assets can be traded more efficiently and with greater liquidity. This opens up new opportunities for investors, eliminates barriers to entry, and allows for fractional ownership of high-value properties. ### **2\. Art and Collectibles** Tokenizing art and collectables allows investors of all sizes to gain exposure to the traditionally exclusive world of high-end art. By dividing artwork or collectible items into fractional shares represented by digital tokens, investors can diversify their portfolios and participate in the potential appreciation of valuable assets. ### **3\. Private Equity** The tokenization of private equity investments simplifies the process of raising capital and improves the liquidity of traditionally illiquid assets. Investors can now buy and sell shares in private companies through digital tokens, reducing barriers to entry and providing greater accessibility to a broader investor base. ### **4\. Commodities** Tokenizing commodities such as gold, silver, precious metals, and oil presents a more accessible and efficient way for investors to participate in the commodity market. Digital tokens representing fractions of physical commodities can be easily traded, allowing investors to take advantage of price movements without the need for physical ownership or complex derivatives. ### **5\. Venture Capital** RWA tokenization has the potential to revolutionize the world of venture capital. Startups can tokenize their equity, allowing early-stage investors to buy and sell shares easily. This not only streamlines the capital-raising process but also provides liquidity to investors who would traditionally have to wait for an exit event, such as a merger or acquisition, to realize returns on their investments.​ ### **6\. Infrastructure**:  Large-scale infrastructure projects, like renewable energy installations or transportation networks, are being tokenized to raise capital more efficiently and allow for broader participation. ### **7\. Intellectual Property (IP)**:  Patents, copyrights, and other forms of intellectual property are being tokenized, enabling new ways to monetize and trade these intangible assets. ### **8\. Supply Chain Assets**:  Components within supply chains, such as inventory or equipment, are being tokenized to improve transparency, traceability, and financing options. ### **10\. Agriculture**:  Farmland, crops, and livestock are increasingly being tokenized, enabling fractional ownership and investment in agricultural assets. ### **11\. Carbon Credits**:  Tokenizing carbon credits allows for more efficient trading and helps companies and individuals offset their carbon footprints in a transparent manner. ### **12. Debt Instruments**:  Bonds, loans, and other debt instruments are being tokenized to enhance liquidity and provide new investment opportunities. This includes corporate bonds, municipal bonds, and mortgage-backed securities. **13\. Compute Infrastructure**:  This includes the tokenization of computational resources such as processing power, storage, and networking, allowing these assets to be traded, accessed, and managed on blockchain platforms ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-2-1724667050773-compressed.png) **​****Why You Need RWA** ------------------------- ### **RWAs are essential for several reasons:** **1\. Diversification:** They provide a means to diversify investment portfolios within the crypto space, reducing risk associated with crypto volatility. **2\. Liquidity**: Tokenizing illiquid assets like real estate can unlock liquidity, enabling fractional ownership and easier transferability. **3\. Access**: RWAs democratize access to high-value assets, allowing smaller investors to participate in markets previously accessible only to wealthy individuals or institutions. **4\. Efficiency**: Blockchain technology can streamline processes such as property transfers, reducing costs and increasing transparency. **How RWA Has Evolved** ----------------------- In the past two years, RWAs have evolved significantly: **1\. Technological Advancements**: Enhanced blockchain protocols and smart contracts have facilitated more secure and efficient tokenization of RWAs. **2\. Regulatory Clarity**: Increasing regulatory clarity in various jurisdictions has bolstered confidence in RWA investments. **3\. Institutional Adoption**: Major financial institutions and corporations have begun exploring and adopting RWA solutions. **4\. Innovative Platforms**: New platforms dedicated to RWA have emerged, offering specialized services for tokenization, trading, and management. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-3-1724667095105-compressed.png) **​ ** -------- **Who Are They Serving and Where Are These Users/Customers?** ------------------------------------------------------------- RWAs serve a diverse range of customers: **1\. Retail Investors**: Individual investors seeking to diversify their portfolios with real-world assets. **2\. Institutional Investors**: Hedge funds, pension funds, and other institutional entities looking for new asset classes. **3\. Property Developers and Owners**: Real estate developers and property owners seeking liquidity. **4\. Businesses**: Companies using tokenized assets for supply chain financing and other purposes. These users are globally distributed, with significant activity in North America, Europe, and increasingly in Asia and Africa. **What Do These Customers Do?** ------------------------------- Customers engage in various activities: **1\. Investment**: Buying and holding tokenized assets as long-term investments. **2\. Trading**: Actively trading RWAs on blockchain-based marketplaces. **3\. Lending and Borrowing**: Using RWAs as collateral for loans in DeFi protocols. **4\. Payments and Settlements**: Utilizing RWAs for cross-border payments and settlements in a more efficient manner. --- RWA opportunities today: ------------------------ The RWA market is poised for a revolution, but the foundation needs to be laid first. Key opportunities lie in building robust infrastructure: * Secure and scalable level 1 blockchains with integrated KYC/AML checks: This will establish trust and transparency by tying real-world identities to RWAs on the blockchain. * Standardization of tokenization protocols: This will ensure smooth and efficient representation of various real-world assets on the blockchain. * Developing regulatory frameworks: Clear regulations will enable compliant tokenization and trading of RWAs,fostering market adoption. These efforts will unlock the potential for increased liquidity, fractional ownership, and broader participation in traditionally illiquid asset classes. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-8-1724667151476-compressed.png) ​ ---- Real-World Asset (RWA) ERC Standards --------------------------------------- Real-World Asset (RWA) ERC standards are Ethereum-based token standards that facilitate the representation, management, and transfer of real-world assets on the blockchain. These standards provide a framework for creating, issuing, and managing tokenized assets, ensuring compatibility and interoperability across various platforms and applications within the Ethereum ecosystem. ### Key ERC Standards for RWA 1. **ERC-20** * **Description**: The ERC-20 standard defines a common set of rules for fungible tokens on the Ethereum blockchain. These tokens are interchangeable and have the same value, making them suitable for representing assets like commodities, currencies, or stocks. * **Use Cases**: Tokenization of assets such as gold, oil, and company shares. * **Key Features**: Standardized interface for token transfer and balance querying, making integration with wallets and exchanges straightforward. 2. **ERC-721** * **Description**: The ERC-721 standard specifies a protocol for non-fungible tokens (NFTs), which are unique and cannot be exchanged on a one-to-one basis with other tokens. This uniqueness makes ERC-721 ideal for representing individual real-world assets. * **Use Cases**: Tokenization of unique assets like real estate properties, art, and collectibles. * **Key Features**: Each token has a unique identifier, metadata, and ownership history, ensuring the uniqueness and provenance of the asset. 3. **ERC-1155** * **Description**: The ERC-1155 standard supports both fungible and non-fungible tokens within a single contract, providing flexibility and efficiency in managing multiple asset types. * **Use Cases**: Tokenization of assets that require a combination of fungible and non-fungible properties, such as gaming items, real estate portfolios, and mixed asset funds. * **Key Features**: Batch transfer capabilities, reduced transaction costs, and flexible token management. 4. **ERC-1400** * **Description**: The ERC-1400 standard is designed specifically for security tokens, providing a framework for compliant issuance and management of tokenized securities. * **Use Cases**: Tokenization of financial securities like bonds, equities, and other investment vehicles. * **Key Features**: Enhanced compliance features, including transfer restrictions, whitelisting, and detailed ownership records to meet regulatory requirements. 5. **ERC-3643** * **Description**: Also known as the "compliant ERC-20," this standard is used for securities and includes features to ensure compliance with various regulations. * **Use Cases**: Similar to ERC-1400, used for tokenized securities requiring regulatory compliance. * **Key Features**: Includes functionalities like identity management and transfer control to adhere to legal requirements. Benefits of Using ERC Standards for RWA --------------------------------------- * **Interoperability**: ERC standards ensure that tokenized assets can be easily integrated with existing Ethereum infrastructure, including wallets, exchanges, and DeFi platforms. * **Liquidity**: Tokenized RWAs can be traded on secondary markets, providing liquidity that is often lacking in traditional asset markets. * **Transparency**: Blockchain technology ensures transparent and immutable records of ownership and transaction history, reducing the risk of fraud and enhancing trust. * **Accessibility**: Fractional ownership enabled by tokenization allows a broader range of investors to participate in asset markets that were previously inaccessible due to high entry barriers. Challenges and Considerations ----------------------------- While RWAs on public chains provide many benefits for both institutions and investors alike, there are also a number of challenges that must be considered to realize their potential: ![Challenges in RWA](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-challenges-bain-company-senior-financial-services-stakeholders-survey-1724733184080-compressed.webp) Based on a Bain & Company survey of senior executives at financial institutions, the majority report that regulation and legislation around Web3 is not mature enough. ([source](https://www.bain.com/insights/web3-experiments-start-to-take-hold-in-banking/#)) * **Regulatory Compliance**: Navigating the regulatory landscape for tokenized assets is complex, as different jurisdictions have varying requirements and regulations. * **Security**: Ensuring the security of tokenized assets and the smart contracts governing them is crucial to prevent hacks and loss of value. * **Adoption**: Widespread adoption of tokenized RWAs requires collaboration across various stakeholders, including regulators, financial institutions, and technology providers. RWA ERC standards play a critical role in the tokenization of real-world assets, providing a robust and flexible framework for asset management on the Ethereum blockchain. By leveraging these standards, projects can enhance liquidity, transparency, and accessibility in asset markets, paving the way for a more inclusive and efficient financial ecosystem. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-10-1724667194146-compressed.png) **​ ** -------- **The Future of RWA** --------------------- The future of RWAs is promising,  * **Fueling DeFi growth:** RWAs can empower DeFi to offer novel products like collateralized loans backed by real estate or fractional ownership of high-value artwork. * **Financial inclusion:** DeFi powered by RWAs can empower individuals with limited access to traditional finance to participate in these markets and potentially grow their wealth. * **Bridging the on-chain/off-chain gap:** Integrating off-chain businesses is crucial for ensuring the legitimacy of data feeding into the blockchain. Secure oracles and data verification protocols can bridge this gap and create a trustworthy ecosystem. * **Increased Adoption**: More widespread adoption across various sectors. * **Enhanced Interoperability**: Better interoperability between different blockchain networks. * **Advanced Use Cases**: New use cases in areas like supply chain, insurance, and gaming. * **Improved Regulatory Frameworks**: More robust and clear regulations to support growth and protect investors. **Views from Foundership RWA Portfolio** ---------------------------------------- At Foundership, we are committed to being more than just investors and acceleration partners! We are partners in innovation, providing our portfolio companies with the resources, mentorship, and strategic guidance they need to succeed. ### **Pritam Dutta - CoFounder [Zoth](https://www.zoth.io)** > Boston Consulting Group (BCG) projects that the tokenization of real-world assets (RWAs) will reach $16 trillion by 2030. As major banks and government institutions embrace RWAs, Zoth sees vast potential in 2024.  > > We are building a one-stop crypto yield layer for sustainable yield, combining on-chain permissioned RWAs with permissionless DeFi fixed-yield products. Secure and sustainable yield in DeFi represents a multi-trillion-dollar opportunity, and Zoth is on the path to $1 billion TVL, supported by RWAs. ### ### **Arul Prakash - CoFounder - [Buk Protocol](https://bukprotocol.io)** > Conventionally real world assets have been focused on financial assets or highly institutional assets things like treasury bond, financial instruments and invoice financing and other other mechanisms that can lead to adoption, but for mass adoption, we need mass users and mass users can only come when consumer use cases are adopted.   > > When it comes to real world assets BUK protocol is working on exactly this by bringing consumer real assets to the landscape by making tickets hotel room, bookings, airline tickets, organizable and transferable, and tradable, thereby creating a secondary markets by creating illiquid markets liquid. **​ ** ### **William Ralston Saul** **\- CEO - [Jade City](https://www.jadecity.io/)** > Tokenizing minerals and gemstones on the blockchain brings greater efficiency, transparency, and opens up exclusive assets to a global community of investors. Jade City is at the forefront of this seismic shift, initially focusing on jade before expanding to incorporate a wide range of gemstones and minerals. > > While diamonds, rubies, sapphires, and emeralds dominate the western perception of high-value gemstones, a hidden behemoth lies in the heart of China: the jade industry. With approximately $50 billion in annual official trade, it surpasses even the Chinese diamond market. > > For the first time, Jade City enables a global community to tap into this immense market, providing access to earn and trade jade early in the value chain > > Jade City’s tokenomics are designed to maximise community value by channeling all profits into a “Buy and Burn” token strategy, creating a potent combination of buy pressure and deflationary token supply. ### **Raj Bagadi, CEO and Founder of [E Money Network](https://emoney.io/)** > RWA tokenization is poised to drive the next phase of growth in the crypto market. However, the key to developing a robust RWA-centric infrastructure and ecosystem lies in regulatory compliance. RWAs have always operated within established regulatory frameworks, and these frameworks must be seamlessly integrated into blockchain to ensure legal compliance, foster trust, and promote sustainable growth. > > E Money Network is dedicated to merging the efficiency of blockchain with these regulatory standards, creating an environment conducive to the expansion of RWAs. Our blockchain incorporates comprehensive compliance modules—Know Your Customer (KYC), Know Your Business (KYB), Know Your Ownership (KYO), and Know Your Transaction (KYT)—to support holistic compliance for applications and users within the E Money Network ecosystem. ![RWA-Gems](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-6-gems-1724667231261-compressed.png) **​ ** -------- **Regulations of RWA Across Different Countries** ------------------------------------------------- The regulatory landscape for RWAs varies globally: **1\. United States:** The SEC has provided some guidance on tokenized securities, but a comprehensive framework is still evolving. **2\. European Union**: The EU's MiCA (Markets in Crypto-Assets) regulation aims to provide a harmonized regulatory environment. **3\. Asia**: Countries like Singapore and Japan are leading with progressive regulations, while China remains restrictive. **4\. Africa**: Regulatory approaches are emerging, with some countries exploring blockchain-friendly policies. **Where Do RWA Companies Operate From?** ---------------------------------------- RWA companies operate globally, with hubs in: **1\. North America**: Particularly the US and Canada. **2\. Europe**: Key countries include Germany, Switzerland, and the UK. **3\. Asia**: Singapore, Hong Kong, and Japan are prominent. **4\. Australia**: Increasing interest and regulatory support. **5\. Emerging Markets**: Countries in Africa and Latin America exploring blockchain solutions. ![RWA-Tading](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/rwa-9-1724667265027-compressed.png) **​ ** -------- **Top RWA Startups** -------------------- **1\. Centrifuge**    - Description: Centrifuge allows businesses to tokenize their assets (such as invoices) and access liquidity through DeFi protocols.    - Website: [Centrifuge](https://centrifuge.io/) **2\. RealT**    - Description: RealT enables fractional ownership of real estate properties through blockchain, making property investment accessible to a wider audience.    - Website: [RealT](https://realt.co/) **3\. Maple Finance**    - Description: Maple Finance provides decentralized lending solutions for institutional borrowers, leveraging tokenized real-world assets.    - Website: [Maple Finance](https://maple.finance/) **4\. Polymath**    - Description: Polymath specializes in security token issuance and compliance solutions, facilitating the tokenization of various assets.    - Website: [Polymath](https://polymath.network/) **5\. Harbor**    - Description: Harbor offers a platform for tokenizing private securities, including real estate funds and investment funds, to enhance liquidity.    - Website: [Harbor](https://harbor.com/) **6\. Blocksquare**    - Description: Blocksquare focuses on tokenizing commercial real estate properties, enabling fractional ownership and efficient property management.    - Website: [Blocksquare](https://blocksquare.io/) **7\. BrickMark**    - Description: BrickMark tokenizes high-quality real estate properties across Europe, providing investors with fractional ownership opportunities.    - Website: [BrickMark](https://brickmark.io/)​ **8\. Provenance Blockchain**    - Description: Provenance Blockchain enhances transparency and efficiency in supply chains through the tokenization of supply chain assets.    - Website: [Provenance Blockchain](https://provenance.io/)​ **9\. tZERO**    - Description: tZERO operates a regulated ATS (Alternative Trading System) for trading digital securities, including tokenized assets.    - Website: [tZERO](https://www.tzero.com)​ **10\. Equisafe**     - Description: Equisafe offers a platform for tokenizing real-world assets, focusing on compliance and investor protection.     - Website: [Equisafe](https://equisafe.io/)​ **11\. SolidBlock**     - Description: SolidBlock facilitates real estate tokenization and investment opportunities, leveraging blockchain technology.     - Website: [SolidBlock](https://solidblock.co/)​ **12\. RealBlocks**     - Description: RealBlocks provides a platform for tokenizing and investing in global real estate assets, catering to both retail and institutional investors.     - Website:[RealBlocks](https://realblocks.com/)​ **13\. Fluidity**     - Description: Fluidity specializes in tokenized securities and DeFi solutions, including the tokenization of real-world assets.     - Website: [Fluidity](https://fluidity.io/)​ **14\. Tokeny Solutions**     - Description: Tokeny Solutions offers an end-to-end platform for issuing, managing, and trading tokenized securities, including real estate.     - Website: [Tokeny Solutions](https://tokeny.com/)​ **15\. Securitize**     - Description: Securitize provides compliance solutions and issuance platforms for digital securities, facilitating the tokenization of various assets.     - Website: [Securitize](https://www.securitize.io/)​ **16\. Smartlands**     - Description: Smartlands focuses on tokenizing real-world assets, including agricultural and real estate assets, to create investment opportunities.     - Website: [Smartlands](https://smartlands.io/)​ **17\. Meridio**     - Description: Meridio enables fractional ownership of real estate properties through blockchain, offering liquidity and investment flexibility.     - Website: [Meridio](https://www.meridio.co/)​ **18\. Reitium**     - Description: Reitium provides a platform for tokenizing real estate investments, making property ownership accessible and transparent.     - Website: \[Reitium\](https://reitium.com/) **19\. Propellr**     - Description: Propellr offers tokenization solutions for real estate and alternative assets, enhancing liquidity and investment accessibility.     - Website: [Propellr](https://www.propellr.com/)​ **20\. Fintelum**     - Description: Fintelum provides issuance and management services for tokenized securities, focusing on compliance and investor protection.     - Website: [Fintelum](https://fintelum.com/)​ **21\. Zoth**     - Description: Zoth focuses on tokenizing physical assets and enabling fractional ownership through blockchain technology, enhancing accessibility and liquidity.     - Website: [Zoth](https://zoth.io)​ **22\. Jia**     - Description: Jia provides a platform for tokenizing assets and facilitating investment opportunities across various sectors, leveraging blockchain for efficiency and transparency.     - Website: [Jia](https://jia.io)​ **23\. Polytrade**     - Description: Polytrade specializes in the tokenization of trade finance assets, enhancing liquidity and efficiency in global trade transactions through blockchain technology.     - Website: [Polytrade](https://Polytrade.com/)​ **24\. Onfo Finance**     - Description: Onfo Finance offers a platform for tokenizing financial assets, focusing on compliance and transparency to attract global investors.     - Website: [Onfo Finance](https://onfo.finance/)​ **25\. Lofty**     - Description: Lofty enables fractional ownership of luxury assets, including art and collectibles, through blockchain technology, providing investment opportunities and liquidity.     - Website: [Lofty](https://lofty.com/)​ **26\. Robinland**     - Description: Robinland specializes in tokenizing real estate properties in emerging markets, offering investors access to high-potential real estate assets.     - Website: [Robinland](https://robinland.com/)​ **27\. Bluejay**     - Description: Bluejay focuses on tokenizing commodities such as precious metals and agricultural products, leveraging blockchain for transparent and efficient trading.     - Website: [Bluejay](https://bluejay.finance/)​ **28\. EMoney Network**     - Description : E-Money Network is the world’s first public permission blockchain network supporting KYC & AML on-chain enabling both retail users and institutions to tokenise on-chain real-world assets (RWAs) by building on a MiCA-compliant infrastructure with bank-grade security     - Website: [EMoney Network](https://emoney.io/)​ **29\. Jade City** * Description : ​Jade City is a gamified RWA platform designed to allow users to earn a sustainable yield from the real world jade value chain.      - Website: [Jade City](https://www.jadecity.io/)​ **30\. BUK Protocol** * Description : Creating liquid secondary markets onchain for all assets that expire     - Website:[BUK Protocol](https://bukprotocol.io/)​ Top RWA Investors ----------------- In Q2 2024, venture capitalists invested $3.194bn (+28% QoQ) into crypto and blockchain-focused companies across 577 deals (-4% QoQ). ![VC Funding in blockchain](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-08-27-at-9-1724732188419-compressed.png) **1\. Andreessen Horowitz (a16z)**    - Description: Andreessen Horowitz is a prominent venture capital firm investing in blockchain and crypto projects, including RWA startups.    - Website: [Andreessen Horowitz](https://a16z.com/)​ **2\. Polychain Capital**    - Description: Polychain Capital is a leading blockchain investment firm focused on decentralized protocols and tokenized assets.    - Website: [Polychain Capital](https://polychain.capital/)​ **3\. Pantera Capital**    - Description: Pantera Capital is an investment firm focused on blockchain technologies and digital assets, including RWA innovations.    - Website: [Pantera Capital](https://www.panteracapital.com/)​ **4\. Sequoia Capital**    - Description: Sequoia Capital is a global venture capital firm investing in technology companies, including blockchain and digital assets.    - Website: [Sequoia Capital](https://www.sequoiacap.com)​ **5\. Digital Currency Group**    - Description: Digital Currency Group (DCG) is a venture capital firm specializing in blockchain and digital currency investments.    - Website: [Digital Currency Group](https://dcg.co/)​ **6\. ConsenSys Ventures**    - Description: ConsenSys Ventures is the venture capital arm of ConsenSys, investing in blockchain startups and decentralized applications.    - Website: [ConsenSys Ventures](https://consensys.net/ventures/)​ **7\. Coinbase Ventures**    - Description: Coinbase Ventures is the investment arm of Coinbase, focusing on blockchain, crypto, and DeFi projects globally.    - Website: [Coinbase Ventures](https://ventures.coinbase.com)​ **8\. Galaxy Digital**    - Description: Galaxy Digital is a diversified financial services firm dedicated to digital assets and blockchain technology investments.    - Website: [Galaxy Digital](https://www.galaxydigital.io)​ **9\. Blockchain Capital**    - Description: Blockchain Capital is a venture capital firm investing in blockchain technology and digital assets, including RWA startups.    - Website: [Blockchain Capital](https://blockchain.capital)​ **10\. Union Square Ventures**     - Description: Union Square Ventures is a venture capital firm investing in early-stage technology companies, including blockchain innovations.     - Website: [Union Square Ventures](https://www.usv.com)​ **11\. Winklevoss Capital**     - Description: Winklevoss Capital is an investment firm focusing on digital assets, blockchain technologies, and decentralized finance.     - Website: [Winklevoss Capital](https://winklevosscapital.com)​ **12\. Draper Associates**     - Description: Draper Associates is a venture capital firm investing in early-stage technology startups, including blockchain and digital assets.     - Website: [Draper Associates](https://www.draper.vc/)​ **13\. Multicoin Capital**     - Description: Multicoin Capital is a thesis-driven investment firm focused on blockchain and crypto assets, supporting innovative RWA projects.     - Website: [Multicoin Capital](https://multicoin.capital)​ **14\. Placeholder VC**     - Description: Placeholder is a venture capital firm focused on crypto networks and decentralized finance (DeFi), investing in transformative RWA initiatives.     - Website: [Placeholder VC](https://www.placeholder.vc/)​ **15\. Paradigm**     - Description: Paradigm is an investment firm focused on blockchain and crypto assets, supporting projects at the intersection of finance and technology.     - Website: [Paradigm](https://www.paradigm.xyz)​ **16\. Bain Capital Ventures**     - Description: Bain Capital Ventures is an investment firm that invests in early to growth-stage technology startups, including blockchain innovations.     - Website: [Bain Capital Ventures](https://www.baincapitalventures.com/)​ **17\. Fenbushi Capital**     - Description: Fenbushi Capital is a venture capital firm focused on blockchain technology investments globally, including RWA developments.     - Website: [Fenbushi Capital](https://fenbushi.vc/)​ **18\. Hashed**     - Description: Hashed is a leading crypto fund and blockchain accelerator, investing in innovative projects that drive the adoption of blockchain technology.     - Website: [Hashed](https://www.hashed.com/)​ **19\. Boost VC**     - Description: Boost VC is an early-stage venture capital firm that invests in blockchain, crypto, and frontier technologies, including RWA startups.     - Website: [Boost VC](https://www.boost.vc/\))​ **20\. 1confirmation**     - Description: 1confirmation is an investment fund focused on supporting early-stage projects in the blockchain and cryptocurrency space.     - Website: [1confirmation](https://www.1confirmation.com/)​ **21\. Fabric Ventures**     - Description: Fabric Ventures is a venture capital firm investing in decentralized technologies, including blockchain-based RWA solutions.     - Website: [Fabric Ventures](https://fabric.vc/)​ **22\. Electric Capital**     - Description: Electric Capital is a digital asset management firm investing in blockchain protocols and infrastructure projects, including RWA innovations.     - Website: [Electric Capital](https://www.electriccapital.com)​ **23\. Framework Ventures**     - Description: Framework Ventures is a leading venture capital firm specializing in blockchain technology and decentralized finance (DeFi). They invest in early-stage projects that aim to redefine the future of digital economies and Web3 infrastructure.     - Website : [Framework Ventures](https://framework.ventures/)​ **24\. Delphi Digital**     - Description: Delphi Digital is an independent research and investment firm focused on digital assets and blockchain technology, investing in transformative RWA initiatives.     - Website: [Delphi Digital](https://www.delphidigital.io/)​ **25\. Electric Capital** * A VC firm focused on crypto networks and blockchain protocols, with a strong emphasis on open-source development​     - Website: [https://www.electriccapital.com/](https://write.superblog.ai/sites/supername/foundership/posts/cm03z5cly003xj7t9r5t0934c/Electric Capital)​ Democratizing Investments Through Fractional Ownership ------------------------------------------------------ Traditionally, investing in high value assets like real estate, private equity, or fine art has been restricted to high-net-worth individuals due to their hefty price tags. RWA tokenization dismantles this barrier by enabling fractional ownership. A single asset can be divided into smaller digital tokens, allowing even smaller investors to participate in the market. This opens doors for a broader range of individuals to diversify their portfolios and access previously out of reach investment opportunities. **1\. Tokenizing Commodities:** Extending beyond real estate to include assets like gold, oil, and agricultural products. **2\. Fractional Ownership in Art and Collectibles**: Creating markets for high-value art and collectibles. **3\. Supply Chain Financing:** Using tokenized assets for innovative supply chain solutions. **4\. Insurance:** Developing blockchain-based insurance products using RWAs. **5\. Green Energy Projects:** Funding renewable energy projects through tokenization. Top Chains That Support RWA and That Are Strong at It ----------------------------------------------------- ### 1\. **Ethereum** * **Why**: Ethereum remains the most established blockchain for RWA projects due to its extensive ecosystem, security, and support for smart contracts. It offers deep liquidity and interoperability with a wide range of decentralized applications (dApps). * **Notable RWA Projects**: RealT (real estate), Centrifuge (trade finance). ### 2\. **Polygon** * **Why**: As a Layer 2 solution for Ethereum, Polygon provides the benefits of lower fees and faster transactions while maintaining access to Ethereum’s vast ecosystem. It's ideal for scalable RWA projects. * **Notable RWA Projects**: Real estate and art tokenization. ### 3\. **XDC Network** * **Why**: XDC Network (formerly XinFin) is designed specifically for enterprise use cases, making it highly suitable for RWA tokenization, especially in trade finance and supply chain sectors. Its hybrid blockchain architecture ensures fast, secure, and scalable transactions with minimal fees. * **Notable RWA Projects**: Trade finance, invoice factoring, and asset-backed securities. ### 4\. **Avalanche** * **Why**: Avalanche is known for its high throughput, low latency, and customizable subnets, making it ideal for complex and fast-moving RWA projects. It’s particularly strong in the areas of asset-backed securities and real estate. * **Notable RWA Projects**: Tokenization of real estate and other physical assets. ### 5\. **Solana** * **Why**: Solana’s high-speed and low-cost transaction processing make it an attractive option for RWA projects that require efficient, high-frequency trading or complex transactions. Its rapidly growing ecosystem supports a variety of RWA use cases. * **Notable RWA Projects**: Tokenized securities, art, and real estate. ### 6\. **Centrifuge Chain** * **Why**: Centrifuge chain is purpose-built for RWA, focusing on bringing real-world assets like invoices, loans, and other financial instruments onto the blockchain to access decentralized finance. It’s a leader in connecting RWAs with DeFi. * **Notable RWA Projects**: Tinlake, an asset-backed lending platform. **Foundership RWA Investment Thesis** ------------------------------------- At FoundershipHQ, we believe that the tokenization of Real World Assets (RWAs) is more than just a technological advancement—it's a paradigm shift that will redefine how physical and digital economies interact. Our mission is to back visionary founders who are not only pioneers in this emerging sector but who also possess the strategic foresight, technical acumen, and business savvy to build transformative, scalable companies. #### **Core Investment Principles** 1. **Team Excellence** * We prioritize founders with a proven track record of success, deep domain expertise, and a relentless drive to innovate. We seek teams that blend technical brilliance with entrepreneurial grit, able to navigate the complexities of both blockchain technology and traditional asset markets. 2. **Technological Differentiation** * In a rapidly evolving landscape, we focus on startups that demonstrate a clear technological edge. This includes proprietary technology, innovative use of blockchain for asset tokenization, and robust security protocols. We look for teams that are building platforms with scalability and interoperability at their core, ensuring their solutions can integrate seamlessly with existing systems while driving the adoption of decentralized finance. 3. **Business Model Innovation** * We invest in companies that are not only disrupting existing industries but are also pioneering new business models. This could mean introducing novel ways to unlock liquidity from traditionally illiquid assets, creating new financial products, or developing ecosystems that drive user adoption and network effects. Our goal is to support businesses that have a clear path to profitability, with scalable and sustainable revenue models. 4. **Market Opportunity** * We focus on sectors where the potential for RWA tokenization is vast and underexplored. Whether it’s real estate, intellectual property, compute infrastructure, or commodities, we look for markets where blockchain can solve inefficiencies, reduce costs, and create new opportunities for value creation. We are particularly interested in projects that can operate in heavily regulated environments, demonstrating both compliance and innovation. 5. **Impact and Vision** * We support founders who are not just building businesses, but are also shaping the future of finance and asset management. We seek out visionaries who understand the broader implications of their work and are committed to creating positive, long-lasting impacts in their respective industries. **Our Commitment** ------------------ At Foundership, we are committed to being more than just investors. We are partners in innovation, providing our portfolio companies with the resources, mentorship, and strategic guidance they need to succeed. As the RWA sector continues to evolve, we will remain at the forefront, identifying and supporting the next generation of market leaders who will shape the future of the digital economy. Conclusion: The Future of RWA - Real or an illusion? ---------------------------------------------------- As we stand at the crossroads of traditional finance and blockchain innovation, the tokenization of Real World Assets presents both tremendous opportunities and significant challenges. While the potential to democratize access, increase liquidity, and enhance transparency is clear, the road ahead is fraught with regulatory hurdles, technological limitations, and market skepticism.  Whether RWA tokenization will become a transformative reality or remain an elusive ideal depends on how these obstacles are navigated. The future of RWAs lies not just in the promise of technology, but in the careful alignment of legal frameworks, market acceptance, and the ability to deliver real value beyond the digital hype. \--- This comprehensive guide outlines the recent progress and future prospects of RWAs in the crypto industry, providing a deep dive into their significance, evolution, regulatory landscape, and emerging opportunities. As RWAs continue to gain traction, they hold the potential to transform the way we interact with and invest in real-world assets. Liked it? Reach out to bimlesh@foundershiphq.com for any feedback you may have! At Foundership, we run several startup accelerator programs. Do check our recent announcement on [XDC-0xCamp cohort](https://blog.foundershiphq.com/announcing-foundership-xdc-0xcamp-s6-get-token-launch-ready-in-90-days-clypi3mxa002112jdhcmiouql/) About Foundership ----------------- Foundership is a global web3 and emerging-tech accelerator VC that empowers ventures with a unique blend of Coaching, Capital, and Community. Our specialized programs, 0xCamp for early-stage startups and LaunchCamp for growth-stage startups serve as catalysts for leveraging the vast potential of the Foundership ecosystem to facilitate token launches and foster scalable growth. Our cohort programs, which typically last three months, are deeply ingrained with contextual coaching and outcome-oriented approaches. Foundership co-invests up to US $100,000 alongside our esteemed partners in top Web3 startups poised for token launches. Moreover, our exemplary track record of over 40 global startups valued at over $200 million, spanning five cohorts and nine countries, is a testament to our program's strength. Foundership's vast network of 80+ coaches, 60+ Capital partners, 80+ ecosystem partners and 10,000+ community members ensures that startups are supported across the value chain. This network fosters robust interactions and mutual support, creating a vibrant startup ecosystem worldwide. To learn more about Foundership visit: | [Website](https://foundershiphq.com/) | [Twitter](https://www.twitter.com/foundershiphq) | [LinkedIn](https://www.linkedin.com/company/foundershiphq) | [Telegram](https://t.me/foundership) ​​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Here is what happened in Q1-April - June 2024 @ Foundership Author: Unknown Published: 2024-07-23 Tags: Accelerator, Foundership, Quarterly Update URL: https://blog.foundershiphq.com/here-is-what-happened-in-q1-april-june-2024-foundership-clyyfy73h004f141d4j4zgcqb/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/q1-apr-jun-foundership-blog-1721742535210-compressed.png) Quick Summary ------------- 1. Foundership's portfolio is currently valued at $210 million. 2. Cohort 0xCamp Season 5 Startups have completed their program and are on their way to fully building out their companies. 3. We successfully closed a partnership with XDC Network to invest $100,000 in each startup in XDC-0xCamp Season 6. 4. We have 3 more Web3 Protocols/L1s/L2s in the pipeline to run 2 to 3 branded cohort programs. 5. Startups from the previous cohorts successfully closed a recent funding round (Circle of Games, Zoth, eMoney, Turf, MAIV, Jade City, ZKCross) and also a few raised milestone-based grants. 6. We are planning to launch a community club. 7. Planning for Token2049 side events is underway. 8. Several event partnerships for India Blockchain Week are also underway. 9. Foundership’s investor network is growing fast as the crypto cycle hits a new ATH. The team is participating in multiple deals as angel investments. **Detail** ---------- ### Our Startup Portfolio Foundership's portfolio is currently valued at $210 million. Cohort 0xCamp Season 5 Startups have completed their program and are on their way to fully building out their companies. Startups from the previous cohorts successfully closed a recent funding round (Circle of Games, Zoth, eMoney, Turf, MAIV, Jade City, ZKCross) and also raised milestone-based grants, and a few others are getting ready for Token Launch in 2024 to maximize the bull market sentiment. ### Partnerships We successfully closed a partnership with XDC Network to invest $100,000 in each startup in XDC-0xCamp. This 0xCamp Season 6, with a focus on getting startup to get token launch ready after this program and TGE in 90-180 days. We have always wanted to back our cohorts with capital from our VC partners and our funds. Finally, we have a model ready with this XDC-0xCamp. We have 3 more Web3 Protocols/L1s/L2s in the pipeline to run 2 to 3 branded cohort programs. Planning for Token2049 side events is underway. Several event partnerships for India Blockchain Week are also underway. ### Community We are planning to launch a community club. The beta version is expected to be ready by the end of this Qtr (Sept-Oct 2024). shhhhhh…..don't tell to anyone ;) We hosted Blockmeet in BLR - Our community meetup in April, May, and June. ### Venture Deals 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. This is a great opportunity for partners to participate in our captive deal flow. Foundership’s investor network is growing fast as the crypto cycle hits a new ATH. The team is participating in multiple deals as angel investments, which sets up the deal flow network for when Foundership Ventures formally launches. ### Growth & Marketing Relaunched HASH It OUT Podcast, which features key topics and guests across Web3, Entrepreneurship, VC Investments etc. ### Product We launched a new website design: [https://foundershiphq.com/](https://foundershiphq.com/) We have streamlined all operation tools and are now consolidated to 2 tools: Our own Accelerator Platform - Foundership SIGNAL and Event Ticketing & CRM tool powered by [ExplaraX](https://www.explarax.com/). ### Token Launch Readiness As the market picked up, we believed that many 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 most efficiently. This network is across: ​ 1. Exchanges 2. Launchpads 3. Influencers/ Key Opinion Leaders (KOLs) 4. Market Makers 5. Marketing agencies With this, Foundership has added support to our founders across the entire Web3 value chain, from Idea to Token Launch. * * * _**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 the 0xCamp7 Program starting in October. [https://foundershiphq.com/0xcamps](https://foundershiphq.com/0xcamps) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing Foundership XDC-0xCamp S6: Get Token Launch Ready in 90 days! Author: Unknown Published: 2024-07-17 Category: 0xCamp Tags: Accelerator, startup funding, token launch, XDC URL: https://blog.foundershiphq.com/announcing-foundership-xdc-0xcamp-s6-get-token-launch-ready-in-90-days-clypi3mxa002112jdhcmiouql/ XDC-0xCamp is a 3-month/12 week/ 90 day Token Launch Ready program designed for startups to equip them with the tools, knowledge, and resources needed to launch their token via ICO or IDO. It's a stage for global founders building in Web3. This is the 6th cohort of 0xCamp. The current batch is made possible thanks to the collaboration with XDC Network team. > > > 50+ Startups had applied from various domains in Web3. However, only 6 selected startups made it to the end. They range from RWA, Gaming,DeFi, IP Tokenization & more > > You will see a glimpse of what accepted startups are building and how they are shaping the future of the internet. Our purpose for XDC-0xCamp is simple - Get startups Token Launch Ready in 90 with a clear 30-day TGE Plan and secure investments upto $100,000 from XDC Network. While there are many challenges for these startups, some of the most common yet hard ones to crack are  Tokenomics, Partnerships with Market Makers, Launchpads, Exchanges, KOLs and more in the run up the TGE. So far, we received a whooping **750+ applications** for all 0xCamp batches, including the current one, and we are just getting started. With the start of the XDC-0xCampS6 cohort, We're thrilled to open the application for 0xCamp S7! Check out our XDC-0xCamp S6 startups and engage with them. Because, that's how an ecosystem grow. If you're a founder building in web3 & want to be part of an elite group of builders and innovators, this is your chance. _Apply to [0xCamp S7](https://foundershiphq.com/xdc-0xcamp) ! More details are below._ **Introducing the Trailblazers:** --------------------------------- ![XDC-0xCamp Kickoff](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/xdc-0xcamp-6-kick-off-1721202719529-compressed.png) Get ready to witness the future unfold before your eyes, for a new generation of startups is poised to disrupt the landscape with game-changing ideas. We're thrilled to introduce the latest cohort of the Foundership 0xCamp Acceleration Program, a group of innovators who are redefining the very core of Web3 and beyond. ### **1\. MetaSoccer :**  ![Metasoccer](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/metasoccer-png-1721202382551-compressed.png) ### **MetaSoccer lets you become a true club owner, earning rewards through skillful management and strategic gameplay.** **HQ  - USA** ### 2\. Fandora :  ![Fandora](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/fandora-1721202198673-compressed.png) **Bringing Content, Brands and Web3 together.India's first Content IP tokenisation &World's first Web3 Advisors NFT platform** **HQ  - India** ### 3\. Panenka FC :  ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/panenkafc-png-1721202287684-compressed.png) **We utilise smart contracts on blockchain to automate and decentralise game room management and rewards distribution.** **HQ  - Singapore** ### 4\. EarnScape :  **We offer reward systems to increase user retention and new traffic. Earnscape's initial focus is on gaming using blockchain to enable superior reward disbursement.\*\*** **HQ  - USA** ### 5\. Zayn Network : ![Zayn Network](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/zayn-1721202319483-compressed.jpeg) **The home of RWAs through focus on onboarding real world projects across MENAP & SEA. Get Rewarded through _Zayn's_ Testnet Campaign.** **HQ  - Singapore** ### **6\. Akka Finance :**  ![Akka Finance](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/akka-finance-1721202352246-compressed.png) **Trade, earn, and own crypto on the all-in-one multichain DEX.** **HQ  - Dubai** ​**These are just a glimpse of the brilliant minds who call Foundership their home!**​ ![Metasoccer](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/xdc-0xcamp-6-cohort-1721202503491-compressed.png) Each startup is fueled by a relentless passion to rewrite the rules, push boundaries, and leave their mark on the world. Stay tuned as we delve deeper into their stories, witness their growth, and celebrate their triumphs. The future is here, and it's being built by the visionaries we have the privilege to introduce today. **Why Foundership over other accelerator?** ------------------------------------------- We're the leading Web3 accelerator for global startups​ * 750 global Web3 projects have applied to our programs in the last 10 months! * Top 10% of our accelerator startups are valued at $200mn! * 100+ global coaches from the US, Europe, Dubai, Singapore, and India are part of this program CoachDAO to coach you in executing in the right direction * 50+ Capital partners worldwide who are both native Web3 investors and equity investors who back web3 startups. **Who Can Benefit?** -------------------- If you’re a startup with a vision, a product, and the drive to succeed, 0xCamp is for you. Whether you're in the early stages or gearing up for a token launch, our program caters to: * Startups with a minimum viable product (MVP) or a live product with a growing user base * Projects with a compelling token use case and utility * Teams that have secured angel or pre-seed funding of at least $100k * Startups gearing up for a token launch within the next six months, led by at least one tech-savvy co-founder **Announcing the next batch** ----------------------------- We're super pumped to announce XDC-0xCamp S7! Applications are now open: [XDC-0xCamp S7](https://foundershiphq.com/xdc-0xcamp)​ **Conclusion** -------------- **0xCamp** is more than just an accelerator program; it's a dynamic ecosystem fostering innovation, collaboration, and growth in the Web3 space. With each new batch, we see a surge of creativity and determination from young, dynamic global founders striving to reshape the future of the internet. Their visions are not merely ideas; they are tangible solutions addressing real-world challenges with strong token utilities for exchange of value! As we eagerly open the doors for [0xCamp S7](https://foundershiphq.com/xdc-0xcamp), we invite the next wave of passionate builders to join us in this thrilling journey. Whether you're an entrepreneur seeking to transform your dreams into reality or an investor looking to support the next big thing, 0xCamp is where possibilities become achievements. Together, we are not just building products; we are crafting the future. Join us and be part of the change that is not only imminent but essential. Apply to [0xCamp S7](https://foundershiphq.com/xdc-0xcamp) today and take your first step towards making a lasting impact in the world of Web3. Your time is now. Thanks for reading! Check out our previous cohort announcements [0xCamp S5](https://blog.foundershiphq.com/announcing-foundership-0xcamp-cohort-5-shaping-the-future-of-the-internet-now-clr7q85e4002zrmr8t41v30jb/)  About Foundership ----------------- ​[Foundership](https://foundershiphq.com) is a global web3 and emerging-tech accelerator VC that empowers ventures with a unique blend of Coaching, Capital, and Community. Our specialized programs, 0xCamp for early-stage startups and LaunchCamp for growth-stage startups serve as catalysts for leveraging the vast potential of the Foundership ecosystem to facilitate token launches and foster scalable growth. Our cohort programs, which typically last three months, are deeply ingrained with contextual coaching and outcome-oriented approaches. Foundership co-invests up to US $100,000 alongside our esteemed partners in top Web3 startups poised for token launches. Moreover, our exemplary track record of over 40 global startups valued at over $200 million, spanning five cohorts and nine countries, is a testament to our program's strength. Foundership's vast network of 80+ coaches, 60+ Capital partners, 80+ ecosystem partners and 10,000+ community members ensures that startups are supported across the value chain. This network fosters robust interactions and mutual support, creating a vibrant startup ecosystem worldwide. To learn more about Foundership visit: | [Website](https://foundershiphq.com/) | [Twitter](https://www.twitter.com/foundershiphq) | [LinkedIn](https://www.linkedin.com/company/foundershiphq) | [Telegram](https://t.me/foundership) About XDC Network ----------------- XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019.  The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards.  The XDC Network powers a wide range of novel blockchain use cases, including Global Trade Finance, payment, Decentralized physical infrastructure network (DePIN) and Real World Asset (RWA) tokenization, that are secure, scalable, and highly efficient. Find more information about XDC Network by visiting the website XinFin.org, XDC.org and follow XDC Network on our social medias: [Twitter](https://twitter.com/XinFin_Official) | [Telegram](https://t.me/xinfin) | [LinkedIn](https://www.linkedin.com/company/xinfin/) | [Reddit](https://www.reddit.com/r/xinfin/) | [Facebook](https://www.facebook.com/XinFinHybridBlockchain/) | [Forum](https://www.xdc.dev/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Turf - Foundership's portfolio Startup (Cohort 0xCamp 4) raises funding from Draper Goren Blockchain Author: Unknown Published: 2024-07-16 Category: 0xCamp Tags: 0xCamp, Accelerator, startup funding, Turf URL: https://blog.foundershiphq.com/turf-founderships-portfolio-startup-cohort-0xcamp-4-raises-funding-from-draper-goren-blockchain-clyoe0xwm000f12jdztkdb3pl/ Turf - Foundership's portfolio Startup (Cohort 0xCamp 4) raises funding from D**raper Goren Blockchain** [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/turf-foundership-draper-goren-1721133992967-compressed.png)](https://x.com/DGBventures/status/1806011549510934819) ​ The Turf platform enables gaming communities, eSports event hosts, and game developers/studios to have an all-in-one infrastructure to standardize gamer profiles for acceptance across all platforms and eSports competitions, activate an incentivization mechanism for their users, data feeding Infrastructure to create your own competitions with Smart Contracts and in-game trades & asset exchanges facilitated through escrows. Dibyo Majumder, CoFounder and CEO of Turf shared, ”Foundership has been an integral partner since the inception of the idea to transform the eSports industry through Turf". ”Having DGH as our investor and partner has opened up a whole new landscape of expansion and market access. We’re set to redefine how the eSports industry is perceived to date and remove all the bottlenecks of globalization with Web3 primitives", told Mr. Dibyo Majumder. [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/turf-foundership-dibyo-founder-1721134052426-compressed.png)](https://x.com/MajumderDibyo/status/1806187808530596184) Dibyo Majumder & Aditya Gautam, cofounders, have been working in the Web3 industry for more than 7+ years and have dedicated themselves to changing the eSports Industry forever. It sets perfectly to leverage the power of the Web3 Industry to bring a new era of competition. Turf is now emerging as an ecosystem, curating a suite of products that address every aspect of virtual gaming competitions. With an in-house distribution of over 440k gamers and collaborations with more than 10 eSports organizations, Turf is growing rapidly and expanding cross-borders to build global trust and provide access to the gamers’ economy for every gamer. Pranav Agarwal, Head of Capital at Foundership, expressed appreciation for Team Turf and its well-positioned position as a leader in the esports space. "Turf has been a fascinating team hustling their way to generate a lot of traction in their early days. That will be their secret sauce as they grow their ecosystem and product” **About Turf** Turf is an on-demand eSports facilitation platform that permissionlessly hosts, manages and enables participation in eSports / micro-competition worldwide. Turf to Gamers Economy, What Youtube is to Creators Economy. To learn more about **Turf** visit: [Website](https://0xturf.gg/) | [Twitter](https://x.com/turfGG_) | [LinkedIn](https://www.linkedin.com/company/turf-gg/) | [Telegram](https://telegram.me/turfGG) **About Foundership** Foundership is a global Web3 accelerator that offers startup Coaching, Capital, and Community support. Its programs, 0xCamp and LaunchCamp, are catalysts for facilitating token launches and fostering scalable growth within the Web3 ecosystem. To learn more about Foundership visit: [Website](https://foundershiphq.com/) | [Twitter](https://www.twitter.com/foundershiphq) | [LinkedIn](https://www.linkedin.com/company/foundershiphq) | [Telegram](https://t.me/foundership) ​​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Web3 Airdrop is stuck on the -ve side of SWOP Author: Unknown Published: 2024-07-10 Category: Web3 Tags: Airdrop, SWOP URL: https://blog.foundershiphq.com/web3-airdrop-is-stuck-on-the-ve-side-of-swop-clyfnfs4s005sg60qjwda88xr/ What is SWOP? Small World Phenomenon. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/airdrop-foundership-1720605060338-compressed.png) The intuitive notion that every person has some indirect connection to every other person through a small set of intermediaries is referred to as the _small-world phenomenon_. [Source](https://www.sciencedirect.com/topics/computer-science/small-world-phenomenon) SWOP is powerful as Information, trends, and ideas can spread rapidly through a population due to the short path lengths in social networks. The phenomenon fosters a sense of global community and interconnectedness, encouraging collaboration and networking across different fields and geographies. In fields like computational biology, physics, and sociology, understanding the small world phenomenon helps in modeling complex systems and solving problems related to network connectivity. \---------- That's a quick info about SWOP. Every good pattern has an anti-pattern.  ### SWOP has +ve and -ve side. Open Source movements like Linux, Crowdfunding like Kickstarter, Social/Professional networks like LinkedIn/Facebook, platforms like YouTube, and many social experiments around music and travel were all born out of the side of SWOP (Small World Phenomenon). > SWOP also has huge downsides (-ve side), such as how the interconnectedness of social networks can lead to homogenization of ideas, reduced diversity of thought, and groupthink/closed groups. For example, remember the ClubHouse product? ClubHouse went crazy viral, but it got stuck with a set of users, and content became homogenized with similar types of discussions and voices dominating the platform. Many users joined Clubhouse seeking short-term gains in social clout or network building. Many products like Google Wave, Groupon, Foursquare, etc, failed due to -ve SWOP. Remember the crazy Groupon concept? It attracted deal-seekers and not loyal customers. Give me a discount, and I am off from here type of customer! FourSquare had a super takeoff with badges and "mayor" of the location gamification model, but users quickly realized there is no long-term value beyond gamification. _**📌 Not just products but many engagement and growth frameworks (e.g., Referral programs, viral growth campaigns, and gamification models) also fail due to -ve SWOP.**_ _**SWOP can bring millions of users and kill instant hits too!**_ There are many such products; I want to highlight a few examples here. \---------- Now, let's look into the Airdrop thingy & SWOP. ----------------------------------------------- Early Airdrop success leveraged the benefit to small-knit community supporters and believers (SWOP +ve), who were long-term token holders and genuinely supported the project. 💜 Airdrops started as a powerful way to distribute tokens, reward early users, and create a community of aligned stakeholders. Many successful projects have been built with Airdrops to their genuine user base. These days, Airdrops are gamed with point systems that focus on current and upcoming capital raises. The target is to attract more retail traders! That's -ve SWOP! \-ve SWOP because: * What do users who come for Airdrop need? Make free money * Move on from one project to the next one… * To make more free money * This eco-chamber set of airdrop seekers shares a similar background of short-term gain and cross-leverage to attack airdrops for their benefits. * Genuine long-term users are overpowered by the short-term retail trader eco-chamber. * There is no feedback or engagement for the projects. * The chatter is all about the next airdrop and how much gain they would have from this project airdrop. * Do you think if there are bunch of developers in those chatter, will they love what they hear? Not at all. Many projects may face resistance to changing the Airdrop due to the community's expectations and the established norms within the small world network. ✅ But the time is to fix Airdrop. Think +ve SWOP and implement +ve SWOP. **Do you have a thought to share? Feel free to comment.** — > Are you building an impactful Web3 Project in DeFi, SocialFi, Infra, Gaming, DePIN, and more?  We at Foundership - Web3 Accelerator VC enable Founders to build impactful Web3 projects and startups. Find more info about our upcoming programs with many L1/L2 chains and funding at [www.foundershiphq.com](http://www.foundershiphq.com/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## What's missing in DePIN? Two DePIN projects to watch out! Author: Unknown Published: 2024-06-18 Category: Web3 Tags: Startup, Web3 project, DePIN URL: https://blog.foundershiphq.com/whats-missing-in-depin-two-depin-projects-to-watch-out-clxk4boy2000csyyvv9c46nga/ > DePIN is all love in the Web3 space! 💕 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/depin-foundership-1718698851897-compressed.jpg) The DePIN: ---------- Decentralized: Sourced from many users, verified, incentivized, but not controlled by a central entity. Physical Infra Network Infra: It can be anything That's DePIN for you. Why is DePIN Timing Now? ------------------------ 1\. Elon thinks computing for DePIN? 👇 [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-06-18-at-14-1718701257736-compressed.png)](https://x.com/i/status/1801602674938249402) [https://x.com/i/status/1801602674938249402](https://x.com/i/status/1801602674938249402) 2\. Cloud usage will spike like anything! Reduced hardware costs and the scalability of cloud services have driven significant adoption of cloud computing. The market is expected to reach $947.3 billion by 2026. 3\. The cost of storage has plummeted significantly. Decreasing Storage Cost per GB: From $0.10 in 2013 to $0.015 in 2023. 4\. The price-performance of GPUs, with the cost per FLOPS decreasing from $100 in 2013 to $15 in 2023. (FLOPS: unit of measurement used to quantify the computing power of a computer or a processor) 5\. AI is driving the need for computing resources and GPUs. The demand for computing power driven by AI and machine learning has skyrocketed 6\. With the proliferation of IoT devices, Edge computing has gained traction. The edge computing market is projected to grow from $3.6 billion in 2020 to $15.7 billion by 2025 7\. Data centers are sitting with idle capacities: They don't know how their infra can be used in a decentralized world! 10 million physical servers globally that are currently not in use. This represents around $30 billion worth of idle capacity. Source - A report by Anthesis Group in collaboration with Stanford University and TSO Logic 8\. Data Ownership & Security Concerns With the widespread adoption of generative AI across billions of users globally, concerns over data privacy and security have increased, driving user interest in decentralized alternatives The convergence of all of the above is opening the greenfield for DePIN. What are the Infrastructures so far that are getting DePIN’ized --------------------------------------------------------------- **Physical Resource / Digital Resource** * IoT Devices * Data Storage * Geospatial data * Cloud Computing * Distributed GPU rendering services * Decentralized video streaming service * Blockchain-based cloud computing marketplace * Peer-to-peer networks * Energy Grids * Bandwidth Sharing * Supply chain data * Carbon offsetting * Decentralized VPN * Decentralized supercomputing * decentralized machine learning computing * WiFI * Crowdsourced navigation maps * Weather stations * Earth observation data * Decentralized Identity verification     ..     .. > **As of 2024, the aggregate market capitalization of Decentralized Physical Infrastructure Networks (DePIN) is approximately $29 billion!** Source - [https://mpost.io/Report-State-of-DePin.pdf](https://mpost.io/Report-State-of-DePin.pdf) **Top Coins by Trading Volume - DePIN Coins** [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/top-coins-by-trading-volume-depin-coins-1718700888379-compressed.png)](https://dapplooker.com/dashboard/depin-coins-dashboard-887) Source - [https://dapplooker.com/dashboard/depin-coins-dashboard-887](https://dapplooker.com/dashboard/depin-coins-dashboard-887) All this is great! What more is needed for DePIN to go mainstream? ----------------------------------------------- **Scalability**: Current blockchain infrastructure struggles to handle the high transaction volume and real-time data processing required by large-scale DePIN networks. * In this bull market (2023-24), we will see amazing scalability in L1/L2s, which should also solve the needs of DePIN projects. * Hello Monad (to achieve a high throughput of up to 10,000 transactions per second) * Hello Eigen Layer! * Hello Arbitrum, Optimismim and Polygon. * Hello Solana! There will be high scalability in the overall Blockchain space; the above highlights work done by various chains and protocols. **Consensus Mechanisms**: Various DePIN projects use different consensus mechanisms (e.g., Proof of Work, Proof of Stake, Proof of SpaceTime) and hence there are compatibility challenges. With Interoperability protocols like * Polkadot * Cosmos leading the way for Inter-Blockchain communication * AggLayer by Polygon can help improve consensus mechanisms across EVM (Ethereum Virtual Machine) blockchains * and more Consensus compatibility challenge will get steady solutions. **Standardized APIs and middleware**: Seamless interaction between different DePIN projects needs broader API frameworks (Hello Webservices in Web2 world) and Middleware (like TIBCO in Web2 world) * With Graph Protocol for indexing and querying data from blockchains * API3 aims to enable smart contracts to access real-world data and services through decentralized APIs * Decentralized oracles that allow smart contracts to interact with external data sources, APIs securely * Polygon SDK for connecting Ethereum-compatible blockchain networks **DePIN-specific DAOs?** Different networks have conflicting policies and decision-making processes. Hence, this will affect the interoperability of DePIN projects. Can there be a DePIN-specific DAO framework? **Different jurisdictions** have varying regulatory requirements, which can complicate cross-border interoperability. **Token Economics**: Incentives aligned with one network’s token may not translate well to another network, leading to inefficient resource sharing. Designing and maintaining an effective incentive system for network participants, such as miners or validators, often requires significant financial resources. **Reduce Operational Costs**: Ongoing infrastructure maintenance, support, and upgrading can be costly and complex. **Revenue Models**: Developing sustainable revenue models that rely not solely on token appreciation. **Market Demand**: Generating sufficient demand for decentralized services to achieve profitable revenue streams can be challenging. **Competitive Pricing**: Setting prices for decentralized services that are competitive with traditional centralized counterparts while covering costs and generating profit. **Efficient Use of Resources**: Ensuring that the network's resources (e.g., storage, bandwidth) are used efficiently to maximize revenue and minimize waste. **Scaling Costs**: Managing the costs associated with scaling the network to accommodate more users and transactions without compromising on performance or security. **Onchain Verification:** It’s CePIN.. not DePIN if you really can’t prove your GPU count onchain. 👇 [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-06-18-at-14-1718701073777-compressed.png)](https://x.com/hmalviya9/status/1801319994934038556?s=46&t=yiisdMAqIP5dhbt4hMSuKQ) Hitesh is right! While many DePIN projects focus on different aspects of decentralized infrastructure, such as storage, networking, and data collection, the issue of onchain verification of GPU count is particularly relevant for those involving computational resources. DePIN is still early and as it powers solutions built with DePIN, onchain verification will be critical to ensure trustless system is in place! There are many evolving solutions like * Trusted Execution Environments to securely attest to the presence and usage of GPUs * Zero-knowledge proofs to verify GPU computations without revealing the computations themselves * Onchain benchmarks that nodes must complete using their GPUs, with results verifiable **Multiple solutions are evolving for things needed for DePIN to go mainstream.** Two DePIN Infra projects to watch out! ORCA. Spheron. ----------------------------------------------------- ### 1\. ORCA ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/orca-1718701661224-compressed.png) Solving 2 key needs for DePIN projects to grow: > **Liquidity > ****Decentralized Deployment Interface** Let's first understand the problem more deeply. **a. Lack of Liquidity in Computational Resources** Traditional markets lack liquidity, limiting asset flexibility and economic potential. How is ORCA solving the **Liquidity need?** DePinDex: World’s first DEX for Computational resources For liquidity providers and investors, DePinDex represents a golden opportunity to engage with DePIN projects. It provides a structured and secure environment to invest in the decentralized infrastructure, potentially reaping substantial returns from these emergent technologies. By facilitating smoother transactions and more accessible participation, DePinDex aims to accelerate the adoption and growth of DePIN, setting a new benchmark for how decentralized networks operate and thrive. Secure and intuitive trading platform, making it easy for anyone to buy and sell computational power, democratizing access to essential resources DePinDex has a compelling investment model. Liquidity providers can stake $DEP tokens and get high returns by diversifying their investments in different DePin projects. **b. Complex Deployment of Decentralized Applications** Developers struggle to deploy and manage dApps because of complex integration and limited infrastructure scalability. How is ORCA solving the **need for the Decentralized Deployment Interface?** > ORCA is solving with Decentralized Kubernetes. While Kubernetes can manage decentralized resources, the control over the Kubernetes clusters themselves can become centralized, contradicting the decentralized nature of DePIN. Single Point of Failure: If the Kubernetes control plane becomes compromised or fails, it can impact the entire network. Kubernetes inherently relies on a trusted control planel. To start with, ORCA is solving the problem of all workers being decentralized. Decentralizing the control plane is part of ORCA's overall vision. With Decentralized Kubernetes, ORCA offers * A familiar Kubernetes environment with added features tailored for decentralized networks * It also enables applications to scale effortlessly to meet user demand without compromising performance * Cuts down the complexity and cost associated with managing decentralized applications, allowing developers to focus on creating value As of now, without Decentralized Kubernetes, Tech companies spend a huge for Development Costs Maintenance monthly Costs Web3 Expertise Autoscaling ORCA's Decentralized Kubernetes is reducing costs and stepping forward to meet the overall computing/resource needs for DePIN projects. > Starting with just 2,000 nodes, ORCA has rapidly scaled to over 60,000+ live ORCA nodes on the Koii Network. Learn more about ORCA: [https://www.orcacompute.com/DePinDex](https://www.orcacompute.com/DePinDex) [https://twitter.com/OrcaCompute](https://twitter.com/OrcaCompute) [https://t.me/orcacomputeofficial](https://t.me/orcacomputeofficial) ### **2\. Spheron** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/spheron-logo-white-1718701808155-compressed.png) First Ethereum Virtual Machine (EVM)-based GPU and compute marketplace, leveraging the Arbitrum Stack to introduce a novel economic model that incentivizes suppliers and users. Solving 3 key needs for DePIN projects to grow: > **Decentralized Chains on Centralized Cloud > ****Node security in decentralized marketplaces > ****Transparent economy for resource providers** Let's first understand the problem more deeply. **a.Decentralized Chains on Centralized Cloud** Currently, chains trust that these cloud providers will not take their servers down, believing that the blockchain or layer they are securing remains secure. Imagine the risk if trillions of dollars traded on the blockchain could be blocked or an entire chain taken down if 51% of the infrastructure is deployed on centralized clouds. How is **Spheron solving this?** * Spheron is launching a new **Decentralized Compute** Network (DCN): The DCN forms the backbone of the Spheron protocol, offering a distributed framework where independent providers supply GPU and compute resources. This network ensures resilience, scalability, and accessibility, catering to the diverse needs of AI and ML projects. * L2 Rollup: To enhance transaction throughput and reduce costs, the protocol leverages the L2 chain on Ethereum, employing the Arbitrum Orbit stack to deliver a superior Fraud Proof mechanism, increased gas limits, and significantly shorter block times giving us much more scalability than any other chain. **b.Node security in decentralized marketplaces** Spheron is launching an advanced Proof of Compute system that introduces Slark Nodes, a tier-based system for providers, reward delegation mechanisms, and a comprehensive licensing system for Slark Nodes. These Slark Nodes play a critical role in maintaining the integrity and performance of both Providers and Light Nodes within the Spheron network. Their primary function is to verify the specifications of providers and light nodes to uphold the network's Quality of Service (QoS). The verification focuses on key parameters such as Liveness, Capacity, and overall Quality of Service, which are crucial for ensuring that the network operates efficiently and reliably. There is a detailed architecture to learn more: [https://www.spheron.network/whitepaper/](https://www.spheron.network/whitepaper/) **c. Transparent economy for resource providers** Spheron's Onchain Supply Market is a platform where compute and GPU resources are listed, traded, and allocated. This market operates transparently on the blockchain, facilitating fair and open access to computational power. A transparent economy underpinned by a native token system $SPHN ensures transparent and fair compensation for resource providers and straightforward user expense management, fostering a trust-based ecosystem. Learn more about Spheron Decentralized Compute Marketplace: [https://www.spheron.network/](https://www.spheron.network/) [https://community.spheron.network/](https://community.spheron.network/) [https://x.com/SpheronFDN](https://x.com/SpheronFDN) Here are some power DePIN quotes…. ---------------------------------- _The decentralized web represents a massive shift in how we store, share, and utilize data. DePIN projects like Filecoin are at the forefront of this revolution, providing not just an alternative to traditional storage but a superior solution in terms of security, efficiency, and reliability._ **Juan Benet, Founder and CEO of Protocol Labs (Filecoin)** _Decentralized cloud computing is set to disrupt the traditional cloud market by offering scalable, cost-effective, and secure computing resources. The potential for DePIN in this space is enormous, as it democratizes access to high-performance computing._ **Scott Walker, Co-founder of Akash Network** _DePIN creates a global coordination layer for communities to manage physical infrastructure over a permissionless network. This innovation empowers new developments to flourish not only in developed countries but also in underdeveloped regions._ **Prashant Maurya, CEO of Spheron** _The future of connectivity lies in decentralized networks. Helium's vision of a decentralized wireless network is not just about reducing costs and increasing efficiency, but also about empowering individuals and communities to create and control their own network infrastructure._ **Amir Haleem, CEO of Helium** _Decentralized infrastructure networks have the potential to create a more equitable and efficient global economy. By decentralizing control and fostering trust through transparency, DePIN can unlock new business models and drive significant economic growth._ **Emin Gün Sirer, CEO of Ava Labs (Avalanche)** Here is mine: _DePIN for Web3 is a greenfield opportunity, much like cloud computing was for the Web2 internet. Unlike cloud computing, which is centralized and monopolized, DePIN empowers users with truly decentralized resources._ **Santosh Panda - CoFounder at Foundership** \------------------------------------------------------------------------------------ Do you have a thought to share about DePIN? Feel free to comment. Are you building an impactful Web3 Project in DePIN, DeFi, SocialFi, Infra, Gaming, and more? We at Foundership - Web3 Accelerator VC enable Founders to build impactful Web3 projects and startups. Find more info on [www.foundershiphq.com](http://www.foundershiphq.com/) ​​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Web3 needs more Form Factor Innovations to go mainstream Author: Unknown Published: 2024-06-03 Category: Web3 Tags: Startup, Innovation, Form Factor, Technology URL: https://blog.foundershiphq.com/web3-needs-more-form-factor-innovations-to-go-mainstream-clwyltz3b003r5fpeww66kw7i/ Many of my friends (founders and tech folks) are scared to touch Web3 wallets and dApps! They think too much work in learning, configuring, and safeguarding to get to play Web3 dApps, DeFi and almost all things in Web3. These folks are hands-on developers, founders of large-scale B2B/B2C startups, and have 1 to 2 decades of experience building and using software products. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-form-factors-1717401796141-compressed.png) Did you know that there are 90 and 100 million technology professionals globally? The total number of professionals working specifically in Web3 technologies will likely be 50,000 to 100,000. Source [Comptia](https://connect.comptia.org/blog/key-web3-statistics-you-should-not-miss#:~:text=Number%20of%20Companies%20Involved%20in%20Web3%20Projects&text=At%20the%20end%20of%202022,Web3%20developers%20actively%20developing%20projects). > Should we not bring the immediate 100 million tech professionals to Web3 as users of various products rather than waiting for late adopters? Why is that not happening? My thesis: Form Factor Innovation is a key driver for any new tech innovation to go mainstream. In Web3, we have had several Form Factor Innovations in the last 24 months, and new products will soon attract billions of users! Let me explain what I mean by Form Factor Innovation and provide examples. **Form Factor** --------------- **Form factor** is a hardware aspect that defines and prescribes the size, shape, and other physical of components. A form factor may represent a broad class of similarly sized components, or it may prescribe a specific standard. It may also define an entire system, as in a computer form factor. Definition Source - Wikipedia **In the context of software, "form factor" refers** to the software application's design, structure, and user interface, as well as how users experience and interact with it across different devices and environments. The form factor is important because it influences user experience, functionality, aesthetics, and device compatibility. ### **Form Factor Innovations - Web2 Examples** As my post context is Web3 and the Internet, I will focus on form factor innovations that made the Internet reach billions of people. Let's start with the beginning of WWW, the arrival of the first stage of the Internet, progress to Web2, Mobile and now the promise of Web3 and AI—the 3 three decades, to be specific. **Personal computers** made it easy for people to experience and exploit the power of computing. Plus, the **graphics and user interfaces** on these PCs have brought millions of non-tech users to experience the power of computers! Imagine how much Form Factor iterations had happened to grow the market steadily. Then came **Tim Berners-Lee's Invention of WWW**: World Wide Web. The Web browser that powers the Internet came in, and suddenly, the world was connected to all things on the Internet. > Was that a single stroke of success? > Nope. Netscape Navigator, Mozilla, Chrome, and now the latest Arc Browser; every browser brought unimaginable form factor innovations that make it easy for users to learn, communicate, create, consume (info), trade (buy & sell) and store (data). While the browser form factor came in for users to experience, the early Internet required a lot of work with dial-up access. The latest GenZ wouldn't know what dial-up internet access is. Do check Wikipedia/ask OpenAI. Built-in broadband, Wi-Fi and high-speed data networks just made the browser super powerful! The world was happy with PCs, beautiful GUI, super browsers and 24/7 access to the Internet. Then, a Form Factor Innovation happened: The feature phone made the Internet partly "mobile" on the go in developing countries. The smartphone arrived in 2007 (iPhone), followed by Android, which solved most of the gaps with Form factors for the best user experience for billions of non-tech users. > Are you getting how critical these Form-factor Innovations were for the world to be where it is now? I can go on with more such form factor innovation like Search Cloud Computing Social Media Creator Tools IoT (wearable, smart devices) ... ... All these form factor innovations simplified the user experience by providing seamless access to the Internet for all things. This took many years! Of course, innovators built products around the above form factors (hardware, software), and billions of people came to the Internet. We all know: Uber began with a bright idea. What if we could push a button on a smartphone and get a ride? Smartphone had built-in gps locator! Boom. Many software innovations wouldn't have happened without the base /hardware and device Form factor being ready! Form Factor innovations in Web3 ------------------------------- Yes, Web3 is yet to become mainstream, but if you have been a DeGen /OG in the Web3 space for the last decade, Crypto and Web3 have come a long way. Almost a dial-up internet type in the initial days to now Smart Accounts! Let's dive deep. Here are the Form Factor Innovations that are already happening in Web3! ### 1\. Wallet Simplification: As early as last week: Mastercard launches 'Crypto Credential,' allowing users to send and receive crypto using a username instead of a wallet address. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-06-02-at-16-1717400988594-compressed.png) MetaMask, Trust wallet, OK wallet, Coinbase or many wallers have abstracted away the complexity of private keys by using mnemonic phrases. Smart Account is arriving …already arrived A smart account is a wallet type requiring **no private keys or seed phrases**. Smart contract wallets rely on code instead of private keys to secure and recover wallet information. Instead, you set _who_ and _under what conditions_, users may access the wallet via smart contracts. Safe has evolved into a smart account infrastructure provider for Ethereum users, layer-2s like Optimism and Polygon, and exchanges like Bitfinex. Safe secures over $100 billion in value across more than 7.5 million smart account addresses. **Obvious**: A mobile-only smart contract wallet that enables seamless crypto transactions, leveraging the Biconomy SDK for features like gasless meta-transactions. Disclosure: We at [Foundership](https://foundershiphq.com/) are advisors to Founders at [Obvious Technologies.](https://www.obvious.technology/) Soon, my friends on Web2 will not have to know the complexity behind Web3 or learn a lot to start using Web3 dApps! ### 2\. Cross-chain Cross-chain reduces the complexity for users who want to interact with multiple blockchain networks. The sidechain operates independently from the main blockchain and offloads transactions from the main chain, reducing congestion and lowering fees. Parallel chains, or parachains, run alongside each other, sharing security and consensus with a central chain. Distributing the transaction load, enhancing overall network performance. And AppChain! AppChains are optimized for the particular needs of the applications they support. With these form factors ready for Web3, Users can engage with different blockchain networks without needing to understand the technical intricacies of each. Developers can speed up the time it takes to market new product ideas by abstracting and simplifying cross-chain communication, side chains, and parallel chains. This allows them to build scalable, interoperable applications with better performance and user experience. ### 3\. L2s L2s in Ethereum, especially Rollups, are transforming user experience with increased transaction speeds and reduced costs. BTC is witnessing a wave of L2s imagining the future for native Bitcoin holders gaining more value. ### 4\. New Standards ERC-20, ERC-771, BEP-20, TRC-20, SPL & More These standards have established uniform rules and protocols for creating tokens, NFts, token transfer processes, token deployment, etc. These standards are helping developers to simplify development and offer rich interaction experiences and user-friendly apps and solutions. ### 5\. Zero-knowledge proofs With Zero-knowledge proofs, users no longer need to disclose sensitive and private information. ZKPs enable transactions to be verified without revealing transaction details, ensuring data integrity and preventing tampering. Imagine the simplification for users and developers! I am not discussing various ZK implementations; you can get all the details online. ### 6\. Stablecoin Unlike other cryptocurrencies, Stablecoin makes it easy for users by removing price volatility and complexity from crypto-to-fiat conversions. Stablecoin is also bridging TradFi and DeFi with existing systems and payments. Developers can create smart contracts with predictable and stable value transfers, reducing complexity and potential issues related to value fluctuations. With all such Form Factors, Web3 should have been winning to bring billions of users already. But it is not yet! Why? ### **What are the missing Form Factors in Web3?** **UX** still needs to be solved! Though all the above form factors are available, we have yet to see super UX across the Web3 landscape, except for a few, like UniSwap, Coinbase Wallet, Farcaster and a few more. **Highly secure smart contracts**, frameworks, and implementations are still underdeveloped in the Web3 space, which deters/will slow down mainstream adoption. **Mobile** is also missing from the Web3 scene in a big way. Though there are Solana's Sage Phone, MetaMask Mobile, and a few more initiatives, we have yet to see something unique and easy that brings 100s of millions of users for Web3 mobile apps. Web3 needs one **mega-success like OpenAI** did for GenAI! Let's buidl. Do you have a thought to share? Feel free to comment. — > Are you building an impactful Web3 Project in DeFi, SocialFi, Infra, Gaming, DePIN, and more?  We at Foundership - Web3 Accelerator VC enable Founders to build impactful Web3 projects and startups. Find more info on [www.foundershiphq.com](http://www.foundershiphq.com) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Circle of Games raised $1mn funding from Nazara and Hashgraph Association Author: Unknown Published: 2024-04-25 Category: 0xCamp Tags: web3, startup funding, Hedera, Nazara, Circle of Games URL: https://blog.foundershiphq.com/circle-of-games-raised-dollar1mn-funding-from-nazara-and-hashgraph-association-clvetwg4j000ni3a18oqnvq28/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/circle-of-games-nazara-hedera-foundership-funding-1714024479437-compressed.png) Foundership Web3 Accelerator's portfolio Circle of Games (COG) raised a $1mn round from Nazara, with participation from The Hashgraph Association. Circle of Games is a global multi-gaming app -------------------------------------------- on a mission to onboard users worldwide to web3 through universally enjoyed casual games played by millions of users daily. Circle of Games gives players full ownership and control over their in-game assets and tokens. Circle of Games is Founded by veterans in the gaming space with experience in Zynga, MPL, PlaySimple, Junglee Games and more. The funding will accelerate COG's entry into many markets  ---------------------------------------------------------- and build new capabilities so players can enjoy more games and experiences. Nazara Technologies, India's premier gaming company, is a pioneer in the space and has diverse involvement in eSports, gaming studios, and more. This strategic partnership is a significant endorsement of COG's mission and potential to be a leader in Web3 gaming innovations. **Inc42 has a detail about the investment details:** Listed gaming giant Nazara Technologies said it has picked up 8.5% stake in Web3 gaming platform Circle of Games (COG) for $500K (about INR 4.17 Cr).  In a separate statement, Circle of Games said that the investment was part of a larger $1 Mn (about INR 8.3 Cr) funding round that also saw participation from Swiss non-profit The Hashgraph Association. In a regulatory filing with the bourses on Wednesday (April 17), Nazara said its Dubai-based subsidiary acquired 1,273 class A1 preferred shares of COG Holdings Global Ltd, the parent of Circle of Games. Under the deal, Nazara Dubai will also receive additional 891 shares in the company as "advisory shares". Source - [https://inc42.com/buzz/nazara-picks-up-8-5-stake-in-web3-gaming-startup-circle-of-games-for-500k/](https://inc42.com/buzz/nazara-picks-up-8-5-stake-in-web3-gaming-startup-circle-of-games-for-500k/) Nazara will offer strategic guidance, support and access to its extensive network to help the company grow, and Hedera will provide COG access to its vast collections of games, ecosystems, substantial users and cutting-edge technology. Source - **The Economic Times:**  [https://economictimes.indiatimes.com/tech/funding/circle-of-games-secures-1-million-funding-from-nazara-technologies-others/articleshow/109378631.cms?from=mdr](https://economictimes.indiatimes.com/tech/funding/circle-of-games-secures-1-million-funding-from-nazara-technologies-others/articleshow/109378631.cms?from=mdr) **Circle of Games is a top world-class team. Having Circle of Games in our 0xCamp cohort program at Foundership Web3 Accelerator has been a privilege and pleasure.** COG has a 250k+ user base worldwide and is preparing to launch several games in the next two quarters. The team has established an excellent scale worldwide while navigating the early stages of building the product, company, and community. With Nazara and Hashgraph Association investment, the COG team will be a leading player in the Web3 Casual gaming space. > **The release of the $COG Token by Q2-Q3 2024 will provide players complete control over their in-game assets and tokens, transforming COG's user experience.** To learn more about Circle of Games visit: [Website](https://circleofgames.com/) | [Twitter](https://twitter.com/Circle_of_Games) | [LinkedIn](https://www.linkedin.com/company/circle-of-games/) | [Telegram](https://t.me/circleofgamesofficial/1) [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/cog-header-1714028567667-compressed.jpeg)](https://circleofgames.com/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Web3 Project Cases - Token Launch Challenges and Solutions Author: Unknown Published: 2024-04-12 Category: 0xCamp Tags: Web3 project, token launch, funding, URL: https://blog.foundershiphq.com/web3-project-cases-token-launch-challenges-and-solutions-cluwc1cxd0068govmw7arr3q0/ There are several challenges for Web3 Projects: 👇 Standing out in a Crowded Market, Building a Strong Community, Tokenomics, Exchange Partnerships, KOLs, Token Fundraising, Market Makers, Legal Structuring, Entity Setup and more. Here are the 3 cases of Web3 Startups/projects we are looking to work with and enable them to launch tokens in the 0xCamp - Token Launch Ready program. Project Cases and Challenges for Token Launch --------------------------------------------- **1\. Project - Case A** Startup project with: Existing investors (including institutional) Product Live with Revenue Users Acquired Existing Community **Challenges**: Build a super narrative. Legal and compliance. Launch a high-value project token. Navigate the token launch by bringing in a new set of investors. **2\. Project - Case B**​ Startup project with: Angel Investors Pre Product & Pre Revenue Early community Challenges: Build a super narrative. Tokenomics. Growing community engagement and initiatives. Partnership traction. Launch a high-value project token. **3\. Project - Case C**​ Startup project with: Existing token Low market cap 50% circulating supply Existing product with traction Existing community Existing holders >3k **Challenges**: Re-strategize. Find Next path. Build a super narrative. Align existing token holders. New Tokenomics. New partnership. Renew community engagement and initiatives. Partnership traction. Launch a high-value project token. > 💡 Foundership's 0xCamp - Token Launch Ready Program accelerates all the above cases for a successful token launch ready with a $100k investment. Solution for Token Launch Challenges ------------------------------------ Foundership has been advising high-value projects in the bear market to prepare them for a token launch. Three of our projects are getting ready to launch tokens in Q2 and Q3. _**11 startups (25% of our total startups) in our portfolio are currently valued at $200 million. This is as of April 2024.**_ We have built a high-action network of partners to speed up our projects in the right direction & reduce time and experiment. We are now bringing this high-action network of partners to our flagship 0xCamp program: _KOLs Investors Market Makers Exchange Listing Launchpads Marketing & Social media Platform Protocol Legal Community Partner_ With a specific goal of getting token launch ready in 3 months, 0xCamp - Token Launch program is a perfect amalgamation to enable each Lego block to come together to get you ready. **Fastest Acceleration** Surround yourself with global founders and leaders as coaches, market makers, tokenomics experts, KOLs, marketing partners, and much more to accelerate the fastest. **Token Launch Focus** Successfully launch your project token with our expertise in tokenomics, launch strategy, community building and partner network. **Get $100k Investment** We work with top projects that will make an impact over the decades. Get token launch ready and get the $100,000 investment. About Foundership ----------------- * We're the leading Web3 accelerator for global early-stage startups * 650 global Web3 projects have applied to our programs in the last 10 months * 40 startups are in our cohort programs * 25% of our accelerator startups are already pre-seed funded and valued at ~$200mn * 70+ global coaches from the US, Europe, Dubai, Singapore, and India are part of this program CoachDAO to coach you in executing in the right direction * 50+ Capital partners worldwide who are both native Web3 investors and equity investors who back web3 startups. Find more about the _**0xCamp Token Launch Ready Program**_ on [https://foundershiphq.com/0xcamp-token-launch](https://foundershiphq.com/0xcamp-token-launch) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 0xCamp: Transform Your Web3 Startup into a Token Launch Success Story Author: Unknown Published: 2024-03-27 Category: Entrepreneurship Tags: tokenomics, token launch, bitcoin, entrepreneurs, VC URL: https://blog.foundershiphq.com/0xcamp-transform-your-web3-startup-into-a-token-launch-success-story-clu9h8jvv000dacci333o0rgd/ Are you ready to take your project to the next level in the crypto world? Do you dream of launching a token that not only stands out but also attracts substantial investment?  Look no further than 0xCamp by [Foundership](https://foundershiphq.com) – the ultimate destination for turning your project into a big thing! **The Journey Begins: Get Token Ready & Get $100,000k in Investments!** ----------------------------------------------------------------------- Embarking on the journey of launching a token can be daunting, filled with challenges and uncertainties. However, with the right guidance and support, it can also be the beginning of an exhilarating adventure towards success. Enter 0xCamp – a three-month intensive program designed to equip you with the tools, knowledge, and resources needed to launch your token via ICO or IDO. ![0xCamp-Get Token Launch Ready](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamps6-1711538896540-compressed.png) Key Dates --------- Applications Open - March 27 2024 Last Date to apply - April 30 2024 Program Start Date - May 15 2024 **Why Choose 0xCamp?** ------------------------- ### **Problem: Overcoming the Hurdles of Token Launch** Standing out in a sea of countless projects vying for attention is no easy feat. Building a strong community, navigating tokenomics, forging exchange partnerships—the list of challenges goes on. However, at 0xCamp, we understand these obstacles and are here to help you overcome them. ### **Solution: A Pathway to Success to Get Token Launch Ready and Actually Launch!** With a laser focus on getting your project token-launch ready in just three months, 0xCamp offers a comprehensive solution to your challenges. Our program brings together a curated selection of KOLs and industry experts, from market makers to tokenomics specialists and more, to guide you every step of the way. ### **The Journey Unfolds: 0xCamp Programs** Virtual Cohorts for Global builders No matter where you are in the world, 0xCamp welcomes you to join our virtual cohorts for an immersive experience like no other. **Unlock Your Potential: Get $100,000** ------------------------------------------ As a testament to our commitment to your success, we offer an enticing incentive for achieving program milestones. By participating in the 0xCamp Get Token Launch Ready (GTLR) Program, you not only gain invaluable insights and support but also stand to receive: * \- A 2% advisory token allocation * Additional $100,000 in funding via Simple Agreement for Future Tokens (SAFT) upon successful completion of the program \*Subject to agreed-upon milestones per program acceptance Structured & Focussed Sprint Approach ---------------------------------------- ### **Sprint - 1: Lay the Foundation** \- Dive deep into your team dynamics \- Conduct a thorough audit of your token readiness \- Set up your token entity \- Craft a compelling narrative for your token launch ### **Sprint - 2: Building Momentum** \- Finalize your token entity setup \- Contextual coaching \- Refine your narrative and tokenomics \- Forge strategic partnerships to amplify your reach ### **Sprint - 3: Seal the Deal!** \- Seal lucrative partnerships \- Initiate fundraising from investors and ecosystem partners \- Get ready to Launch your tokens with confidence and flair ### Sprint 4 Onwards: Launch Token (within 60 days) Progress per milestones ----------------------- 0xCamp is an intense 12 week program. There are 2 stage gates to review the startup progress. Selected Startups will get access to the detailed stage gate milestones. Startups get dropped off from the program, when the stage gate milestones are not met. Once dropped off, startups do not qualify for Investments in the cohort! **Who Can Benefit?** -------------------- If you’re a startup with a vision, a product, and the drive to succeed, 0xCamp is for you. Whether you're in the early stages or gearing up for a token launch, our program caters to: * Startups with a minimum viable product (MVP) or a live product with a growing user base​ * Projects with a compelling token use case and utility * Teams that have secured angel or pre-seed funding of at least $100k * Startups gearing up for a token launch within the next six months, led by at least one tech-savvy co-founder ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamps6-ecosystem-1711536095790-compressed.png) Ecosystem Network & Support ------------------------------ Everyone in the Foundership ecosystem is geared up for your success. Get support and partner with a highly curated set of organizations who can vouch for support your token launch! \- L1/L2 chains \- Market Makers \- Marketers \- KOL's \- Exchanges \- Investors \- Community and more Token launch ready from our Portfolio Startups ------------------------------------------------- You are not alone! Few of our portfolio startups are gearing up for their token launch with a TGE in 2024! ![Foundership Portfolio Startup Token Launch Ready](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamps6gtlrstartups-1711538764101-compressed.png) Why Foundership over other accelerator? --------------------------------------- * We're the leading Web3 accelerator for global early-stage startups * 650 global Web3 projects have applied to our programs in the last 10 months! * 45% of our accelerator startups are already pre-seed funded and valued at ~$100mn+ * 70+ global coaches from the US, Europe, Dubai, Singapore, and India are part of this program CoachDAO to coach you in executing in the right direction * 50+ Capital partners worldwide who are both native Web3 investors and equity investors who back web3 startups. **Conclusion: Dare to Dream, Dare to Launch** --------------------------------------------- In the fast-paced world of cryptocurrency, seizing opportunities is key to staying ahead amidst the bull market. With 0xCamp by your side, you can turn your dreams of a successful token launch into a tangible reality.  **0xCamp** is more than just an accelerator program; it's a dynamic ecosystem fostering innovation, collaboration, and growth in the Web3 space.  With each new cohort, we see a surge of creativity and determination from young founders striving to reshape the future of the internet. As we eagerly open the doors for 0xCamp Season 6, we invite the next wave of passionate builders to join us in this thrilling journey.  Whether you're an entrepreneur seeking to transform your dreams into reality or an investor looking to support the next big thing, 0xCamp is where possibilities become achievements. Together, we are not just building products; we are crafting the future. Join us and be part of the change that is not only imminent but essential. Apply Now to 0xCamp S6 on this transformative journey and let's make your project the next success story in the crypto universe. [Apply Now](https://foundershiphq.com/0xcamp-token-launch) ​ ​[Check out our prev. cohort announcements](https://blog.foundershiphq.com/announcing-foundership-0xcamp-cohort-5-shaping-the-future-of-the-internet-now-clr7q85e4002zrmr8t41v30jb/)​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Foundership's 2023 - First Full Web3 Year Author: Unknown Published: 2024-02-07 Tags: Accelerator, Foundership, VC URL: https://blog.foundershiphq.com/founderships-2023-first-full-web3-year-clsbsyvqi001v21s8zj09zhcf/ 2023 was Foundership’s first full year in web3. 2023 was a busy year too! Yes, it was a bear market but at Foundership, we had our hands full. ![Foundership 2023](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-2023-blog-1707311954227-compressed.png) The year began against the backdrop of the FTX crash, which saw Bitcoin retrace about 70% to its cycle low of ~$16k price. As we grew, the crypto mood sunk; we launched 3 cohorts in 2023 and brought on some of the best startups so far. Our capital ecosystem saw a huge jump with almost 50 new partners added and a strong funnel of projects to fund. We ended the year on a high with our first syndicate investment commitment of $100k into Darewise (an exciting gaming metaverse on Bitcoin) and **_40 startups in our portfolio/alumni._** Summary: -------- * 650+global startups applied to our 0xCamp - 3-month Incubation program. * 40 startups in 5 cohorts. Startup from 9 Countries. * 45% funded startups during/pre-program. Few startups are going for a token launch. * $75mn in total value of 45% of our portfolio startups. * 75+ global coaches part of our Coach Collective. * 40+ Global City Communities. * 50+ Funding Partners (VCs and Angels). * 5,000+ attendees registered for our events. * 10,000+ Community members. Key Milestones -------------- **In Q1 2023:** We kickstarted global activities from Dubai with Pranav (based in Dubai), and our Alumni Founders & Partners there. We launched the first version of the Foundership Signal Platform - To enable DIY collaboration among Founders, Coaches and Partners for the Foundership incubation and acceleration program and also for investors to gather signals from participating startups at Foundership. We took an office space at HSR Layout, Bengaluru to bring all team members together and also host workshop sessions for our accelerator startup Founders to help them speed up. We joined and hosted side events alongside ETHDenver, ETHDubai, IVSKyoto,Token2049 Singapore and ETHTokyo. **In Q2 & Q3:** We re-designed our programs for Web3: LaunchCamp as a bespoke advisory program for pre-Series A Web3 startups looking for token launch and business development. We hosted our 1st Foundership Day Annual event and hosted 2 side events in Tokyo & Singapore during Ethereum Global events in these 2 cities. Started our 4th 0xCamp Cohort. **In Q4:** We kickstarted the AI initiative to support our community of Founders & Builders. Hosted 1st EmergingTech Meet at WhatFix HQ. Started our 5th 0xCamp Cohort. Hosted Founders Huddle with Polygon Connect. Founders loved the event's unique huddle approach. Hosted as a Community Partner for Transak and Ledger. We started 0xCamp 5 - Cohort. We now have 40 startups in 5 cohorts. Startup from 9 Countries. Foundership's Rollercoaster Year of Triumphs, Tribulations, and a Few Laughs ---------------------------------------------------------------------------- Strap in folks as we take you on a wild ride through the twists and turns of Foundership's rollercoaster year in 2023. From the humble beginnings of startup coaching sessions to globe-trotting adventures in tech capitals, Foundership has certainly kept us on the edge of our seats. In this not-so-serious reflection, let's uncover the triumphs, tribulations, and sprinkle in a dash of humor that defined Foundership's journey. _**A Year of "Startups Anonymous" Meetings:**_ Cast your minds back to the days when Foundership was knee-deep in its first coaching session, surrounded by startups so young they still had their training wheels on. These little fledglings weren't just pitching ideas; they were practically whispering startup secrets at what felt like "Startups Anonymous" meetings. But oh, what a year it's been since then! _**Foundership's Global Odyssey:**_ Fast forward to 2023, and Foundership has become the globe-trotting influencer of the Web3 world. The team didn't just attend events; we practically set up shop at every tech hotspot, from Denver to Dubai, Tokyo to Singapore to India. It's like we've collected tech city passport stamps like badges of honor. Maybe we'll start offering frequent flyer miles to our startups next year? _**Web3: Not Your Grandma's Bingo Night:**_ The real shocker? Web3 is not your grandma's Bingo night. Foundership's success in creating a global portfolio of startups proves that this new wave of technology doesn't care about borders. It's like the rebellious teenager of the tech world—global, unapologetic, and not asking for permission. _**A Global Accelerator from Asia: Not Your Average Magic Trick:**_ What's the secret sauce to Foundership's success? It's not magic; it's the belief that a community of coaches can turn startup dreams into reality. Picture it: coaches huddled around a cauldron of innovative ideas, sprinkling unicorn dust and chanting, "Ecosystem, community, and capital network!" Voila! A global accelerator from Asia is born. _**Challenges: More Plot Twists Than a Soap Opera:**_ But, of course, it wouldn't be a rollercoaster without a few loop-de-loops. Foundership faced challenges head-on, experimenting with initiatives that had more plot twists than your grandma's favorite soap opera. We even tried deciphering the enigma that is Web3, making it more accessible to the masses. Spoiler alert: it involves a lot of community-building, both online and in-person, and a pinch of trial and error. _**Partnerships : The Real MVP:**_ In the world of Foundership, partnerships are like superhero sidekicks, and Pranav deserves a special shoutout for setting up our base in Dubai. Without Pranav, we might still be stuck in startup traffic. Pranav's support was the equivalent of a trusty GPS, guiding Foundership through the maze of initiatives and programs. Some initiatives stumbled, others soared, but all of them were like thrilling rides in the amusement park of entrepreneurship. _**Room for Improvement: Because Even Superheroes Need a MakeoverL**_ As we peel back the curtain on Foundership's triumphs, let's not forget the areas for improvement. Sure, we enabled close to 40 startups worldwide, but even superheroes need a makeover. More focus on portfolio management, progress tracking, and engaging capital partners are on the horizon. Maybe we'll even add capes to the coaches for that extra superhero flair. _**Conclusion: Buckle Up for the Next Thrill Ride:**_ As the rollercoaster of 2023 screeches to a halt, Foundership stands tall, proud, and maybe a little disheveled. We've learned, laughed, and left a mark on the global Web3 stage. With the lessons of 2023 in our back pocket, Foundership is gearing up for the next thrill ride, ready to conquer the twists, turns, and maybe even a loop-de-loop or two in the ever-evolving world of startups and Web3. And, of course, AI. Our 2024: Web3 & AI-in-all industries is a lifetime opportunity! ---------------------------------------------------------------- > _Didn’t they say the same in 1999 about the .dotcom boom?_  What happened quickly was a severe burst, and 90% of startups shut; many Founders & Builders moved on to traditional old-world desktop software business,  > but those who stayed back and many new founders & builders arrived to build Web1 and Web2 to the reality: ‘Software has eaten the world.’ That’s the catch! Those who stayed back created the multi-million /billion opportunities. The same .dotcom lifetime opportunity is back again with Web3 & AI-in-all industries. Web3 & AI are the cornerstones for most of EmergingTech. ### **In 2024, at Foundership:**  We will triple down our efforts & focus on backing Top Web3 Founders and Founders solving high-quality problems with AI in any industry.  Our community efforts have already spread in 40+ cities; we will set up a new model to bring benefits (engagement, incentives, and support).  We will triple down our efforts to kickstart the VC fund to back ambitious founders in our cohorts and also with our capital partners.  As part of the Foundership Platform, we will launch various solutions to serve Founders for most of their needs. We are Grateful --------------- * To our Founders Alumni for their trust in the 0xCamp & LaunchCamp program. * To our Coaches for their support and participation in enabling Founders to build in the right direction. * To our Community Leaders & Volunteers across 40+ cities worldwide to keep evangelizing Web3 tech. * To Polygon Labs for their steadfast support to Partner for 0xCamp Polygon program. * To Transak, Shardeum, ICP, Arcana, Koii, Spheron, Unstoppable Domain, Biconomy, Huddle01,Safe, Encryptus, Router, Onmeta and more. * To our Capital partners Blume Ventures, M&S Partners (Japan), Woodstock, Big Brain Holdings, Cypher Capital, Momentum 6, CoinDCX ventures, Blockchain Founders Fund, IOSG, NewTribe Capital, Longhash Ventures and more for their time to join demo day and learn more about our Alumni Startups via our PitchLogue. * To our team members and partners for their support. **_Foundership is Global Emerging-Tech Accelerator VC for Web3, AI Startups_**. You can learn more about Foundership at [www.foundershiphq.com](http://www.foundershiphq.com). We accelerate and fund top global Startups. You can read all our blog post here: [https://blog.foundershiphq.com/](https://blog.foundershiphq.com/) and [Foundership's 2022 post](https://blog.foundershiphq.com/founderships-2022-awesome-web3-year-clct3rfcq662621lmhuqb3qr7z/). \------ Follow us on [Twitter](https://twitter.com/FoundershipHQ) and [LinkedIn](https://www.linkedin.com/company/foundershiphq) as we share about our Startups, Founders, Industry Partners, Coaches and Venture Capital Partners. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing Foundership 0xCamp Cohort 5: Shaping the Future of the Internet Now! Author: Unknown Published: 2024-01-10 Category: Entrepreneurship Tags: 0xCamp, Polygon, Accelerator, Foundership, blockchain, web3 URL: https://blog.foundershiphq.com/announcing-foundership-0xcamp-cohort-5-shaping-the-future-of-the-internet-now-clr7q85e4002zrmr8t41v30jb/ 0xCamp is a 4-month early traction program designed for young startup founders building products & projects in the Web3 space. It's a stage for global founders building in Web3. This is the 5th cohort of 0xCamp.  The current batch is made possible thanks to [Polygon](https://polygon.technology/) team as a Foundership acceleration partner. > 50+ Startups had applied from various domains in Web3. However, only 5 selected startups made it to the end. They range from Creator Marketplaces (Books and Video), Passive Investing, RWA Infrastructure, and Blockchain for social good You will see a glimpse of what accepted startups are building and how they are shaping the future of the internet. Our purpose for 0xCamp is simple - **helping prototype/MVP-stage startups overcome the early challenges & pitfalls and build an investable business. ** While there are many challenges for these startups, one of the most common yet hard ones seems to be **early traction**, In the form of users, believers, community members, feedback, etc. So far, we received a whooping **650 applications** for all 0xCamp batches, including the current one, and we are just getting started. With the start of the 0xCamp 5 cohort, We're thrilled to open the application for 0xCamp 6!  Check out our 0xCamp 5 startups and engage with them. Because, that's how an ecosystem grow. If you're a young founder building in web3 & want to be part of an elite group of builders and innovators, this is your chance. _Apply to 0xCamp6! More details are below._ Introducing the Trailblazers:  ------------------------------ ![0xCamp #5 Kickoff](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-01-10-at-5-1704888448684-compressed.png) Get ready to witness the future unfold before your eyes, for a new generation of startups is poised to disrupt the landscape with game-changing ideas.  We're thrilled to introduce the latest cohort of the Foundership 0xCamp Acceleration Program, a group of innovators who are redefining the very core of Web3 and beyond. ### **[1\. Raindrops: Reading Reinvented](https://www.raindropsbooks.com)** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/raindrops-1704891075816-compressed.png) **HQ  - India** Imagine a literary haven where endless shelves overflow with captivating stories, and your own creations find a vibrant marketplace. Raindrops is weaving this dream into reality, crafting a WEB3 marketplace for books and literature that empowers readers and writers alike. Discover hidden gems, support your favorite authors, and unleash your inner wordsmith – Raindrops promises a revolution in bibliophilia. Whether you're an aspiring writer or a seasoned author, this platform allows you to showcase your work to a diverse audience and potentially earn income. ### **[2\. Lendr Network: Tokenizing the Tangible](https://lendr.network)** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-01-10-at-6-1704891182264-compressed.png) **HQ  - USA** Forget brick and mortar, Lendr Network is building a bridge between the real world and the blockchain. Their ingenious RWA tokenization protocol transforms real-world assets – from real estate to commodities – into secure, liquid digital tokens. Allowing DeFi investors to easily diversify their holdings, hedge against inflation, and use RWAs in DeFi. This opens up a world of possibilities for investors, democratizing access to previously illiquid assets and unlocking untold potential. ### **[3\. Tale Wallet: DeFi Tailor-Made](https://www.talewallet.com/)** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-01-10-at-6-1704891240927-compressed.png) **HQ  - India** Navigating the DeFi jungle can be daunting, but Tale Wallet aims to be your sherpa. This comprehensive platform connects fund managers and users, offering DeFi portfolio management tools, curated investment opportunities, and a user-friendly wallet. Whether you're a seasoned DeFian or a curious newcomer, Tale Wallet will tailor your DeFi journey to perfection. ### **[4\. Cheyni: Web3 version of Netflix](https://cheyni.com)** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-01-10-at-6-1704891316662-compressed.png) **HQ  - France** Get ready to experience content like never before! Cheyni reimagines fan engagement through seamless content streaming and dynamic NFT tools. Imagine interacting with your favorite creators, owning exclusive digital assets, and shaping the narrative in real-time. Their solution empowers brands and creators to maximize engagement, reward loyalty, and build lasting connections with their audience. By offering content-linked NFTs, seamless collaboration with partners, and comprehensive creative services, CHEYNI revolutionizes loyalty and sets the stage for the future of content streaming. CHEYNI is poised to revolutionize loyalty and redefine the landscape of content streaming through our comprehensive suite of all-in-one streaming and creative services. ### **[5\. Token Redeemer: Charity Reimagined](https://www.linkedin.com/company/redeem-technologies/)** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/redeemtechnologieslogo-1704891406320-compressed.jpeg) **HQ  - UK** Doing good shouldn't be a logistical struggle. Token Redeemer utilizes the power of blockchain and AI to revolutionize social impact. Their platform ensures seamless delivery of donations, aid, and rewards, empowering charities, NGOs, and individual donors to reach beneficiaries anywhere in the world with transparency and efficiency. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2024-01-10-at-6-1704891618328-compressed.png) **These are just a glimpse of the brilliant minds who call Foundership their home!** Each startup is fueled by a relentless passion to rewrite the rules, push boundaries, and leave their mark on the world.  Stay tuned as we delve deeper into their stories, witness their growth, and celebrate their triumphs.  The future is here, and it's being built by the visionaries we have the privilege to introduce today. Why Foundership over other accelerator? --------------------------------------- * We're the leading Web3 accelerator for global early-stage startups * 650 global Web3 projects have applied to our programs in the last 10 months! * 45% of our accelerator startups are already pre-seed funded and valued at ~$63mn. * 70+ global coaches from the US, Europe, Dubai, Singapore, and India are part of this program CoachDAO to coach you in executing in the right direction * 50+ Capital partners worldwide who are both native Web3 investors and equity investors who back web3 startups. What we look for in 0xCamp? ------------------------------ We're looking for passionate founders who are in the early stage of their journey with having a prototype of their product ready. Also, called MVP. **Announcing the next batch** ----------------------------- We're super pumped to announce 0xCamp 6! Applications are now open: [0xCamp](https://foundershiphq.com/0xcamps%E2%80%8B) **Conclusion ** ----------------- **0xCamp** is more than just an accelerator program; it's a dynamic ecosystem fostering innovation, collaboration, and growth in the Web3 space.  With each new batch, we see a surge of creativity and determination from young founders striving to reshape the future of the internet. Their visions are not merely ideas; they are tangible solutions addressing real-world challenges. As we eagerly open the doors for 0xCamp 6, we invite the next wave of passionate builders to join us in this thrilling journey.  Whether you're an entrepreneur seeking to transform your dreams into reality or an investor looking to support the next big thing, 0xCamp is where possibilities become achievements. Together, we are not just building products; we are crafting the future. Join us and be part of the change that is not only imminent but essential. Apply to 0xCamp 6 today and take your first step towards making a lasting impact in the world of Web3.  Your time is now. Thanks for reading! Check out our previous cohort announcements ​[0xCamp 4](https://blog.foundershiphq.com/announcing-foundership-0xcamp-cohort-4-shaping-the-future-of-the-internet-cllav57z9388233tqcqxyw53gi/)​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Future of travel & hotel bookings: Buk Trips Case study Author: Unknown Published: 2023-11-14 Tags: nfts, case study, travel URL: https://blog.foundershiphq.com/future-of-travel-and-hotel-bookings-buk-trips-case-study-cloy6v01s175082rldr59ro3ay/ ![future of travel](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/buktripscasestudy-1-1700138770742-compressed.png) ### Introduction In a world where the value of time-sensitive assets like hotel stays, flight tickets, and event passes diminishes with each passing moment, Buk Trips emerges as a game-changer. Leveraging the Polygon blockchain, Buk Trips introduces a revolutionary concept: tokenizing hotel room bookings to make them tradable and resalable. This case study explores how Buk Trips, accelerated by Foundership's, is transforming the hospitality industry. Problem Statement ----------------- **For Travelers:** The dilemma of non-refundable bookings is a familiar sting—plans change, but the sunk cost of a hotel stay remains. With a significant portion of bookings canceled, the need for a more flexible system is evident. **For Hotel Owners:** Hotels grapple with the unpredictability of cancellations, which undermine the stability of non-refundable revenue streams. The industry is crying out for a solution that offers revenue assurance without sacrificing customer satisfaction. Solution Overview ----------------- **How Buk Trips works: ** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/buk-1700139998106-compressed.jpg) **For Travelers: **[BukTrips.com](http://buktrips.com/) empowers travelers to resell their bookings, potentially recouping or even profiting from changed plans. This marketplace introduces unprecedented flexibility into travel planning. **For Hotels:** Buk's model incentivizes the sale of non-refundable rooms by creating a secondary market for bookings, aiding in optimal pricing, and offering hotels a slice of the resale pie. ### Polygon: The Backbone of Buk's Innovation **Why Polygon ( From founder)?** Buk's partnership with Polygon is a strategic alliance that brings together low transaction costs, high throughput, and enterprise-friendly solutions, all crucial for the seamless trading of hotel bookings. 1. **Low Transaction Costs:** Essential for a model where bookings may change hands multiple times. 2. **High Throughput:** Ensures quick, efficient tokenization and trading of room bookings. 3. **Enterprise Solutions:** Polygon's network caters to businesses with tools like Polygon ID and SuperNets, aligning with Buk's professional-grade requirements. 4. **IPFS Integration:** Guarantees secure, permanent storage for NFTs, bolstering the integrity of Buk's offerings. 5. **Innovation Support:** Features like Polygon EDGE and zkEVM provide Buk with the infrastructure to innovate without limits. ​Future-Proofing with Polygon: Buk's commitment to Polygon ensures scalability and sustainability, keeping the platform at the forefront of blockchain innovation. ### The Technology Behind Buk **Buk Protocol:** A pioneering ARI and pricing tokenization framework that stands as the hospitality industry's single source of truth. **Buk Ecosystem:** A suite of products including an NFT-based booking engine, auctions, and a marketplace, fostering an open environment for travel fintech innovation. ### Real-World Impact **For Travelers:** Resale options bring newfound flexibility, transforming the booking experience. **For Hotels:** Tokenization offers hotels control over pricing and distribution, reducing costs and boosting revenue. **For the Industry:** Buk democratizes the trading of hotel bookings, creating a new business model that benefits all stakeholders, including a royalty system for hotels on each trade. ### Foundership 0xCamp S5 ​[0xCamp](https://blog.foundershiphq.com/0xcamp-5-igniting-the-web3-and-ai-innovation-in-the-bear-market-clnd5es9d2283351vpquh2h2bo4/)is a renowned acceleration program by Foundership for early-stage Web3 projects & startups worldwide. The aim of 0xCamp is to back founders who wish to build a sustainable business from a mere project. Foundership partners with Polygon to help projects/startups in 0xCamp with: * Education and awareness of Polygon * Sharing Developer Resources * Access to Polygon infrastructure * Access to Polygon core teams * Masterclasses & Playbooks * Polygon's unparalleled network * Grants And more. If you want to learn more about 0xCamp and apply, [click here](https://foundershiphq.com/0xcamp-details/0xcamp-polygon).  It’s a must-check for early-stage founders. ### Conclusion Buk Trips, with the support of Foundership and the technological prowess of Polygon, is pioneering a new era in the travel industry. This case study has shown how Buk's innovative approach to tokenization is creating a more flexible, profitable, and decentralized travel experience, paving the way for a transformative shift in the hospitality sector. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Preparation-Cornerstone of Confidence, and Confidence is the key to success Author: Unknown Published: 2023-11-10 Category: Entrepreneurship Tags: Accelerator, founder, entrepreneurs URL: https://blog.foundershiphq.com/preparation-cornerstone-of-confidence-and-confidence-is-the-key-to-success-closh43ng1167681vme37ld8ws3/ In the tapestry of success, preparation is the warp, and confidence is the weft, weaving together the stories of remarkable individuals across diverse fields like Sports, Healthcare, Business, Academics, and more. The common thread binding these narratives is the profound impact of thorough preparation on the development of unyielding confidence, ultimately paving the way to monumental success. ![Practice is key](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2023-11-10-at-5-1699617622476-compressed.png) Entrepreneurs ------------- ![Elon Musk, Sarah Blakely, Oprah Winfrey](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2023-11-10-at-5-1699617799473-compressed.png) Elon Musk: The architect of revolutionary companies such as Tesla, SpaceX, and Twitter, Elon Musk's journey to success is a testament to years of learning and exploration across various industries. His early ventures, like co-founding Zip2 and X (which later became PayPal), reflect a deep commitment to understanding technology and engineering. Musk's visionary approach to space exploration didn't materialize overnight; it was the culmination of relentless preparation and dedication. ### **Sara Blakely:** Founder of the billion-dollar shapewear empire, Spanx, Sara Blakely's story is one of perseverance and preparation. Her years of hard work and challenges in the fashion industry, including numerous rejections, laid the foundation for her success. Blakely's meticulous preparation involved studying market dynamics, fabric technology, and business strategies, showcasing how a well-prepared entrepreneur can turn setbacks into triumphs. ### **Oprah Winfrey:** A media mogul and businesswoman, Oprah Winfrey's ascent to success is marked by years of preparation in the media industry. Starting as a news anchor, she honed her interviewing and storytelling skills over decades, connecting with audiences on a profound level. Winfrey's journey underscores the transformative power of preparation, shaping her into a powerhouse in the media landscape. Sportsmen --------- ![Sachin, Jordan, Phelps, Kobe](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2023-11-10-at-5-1699618811698-compressed.png) ### **Sachin Tendulkar:** Widely regarded as the "Master Blaster" in cricket, Tendulkar's greatness emanated from rigorous preparation before each match. His adaptability, evident in altering practice methods based on the opposition, showcased a commitment to continuous improvement. Tendulkar's unwavering dedication to practice and preparation instilled the confidence that propelled him to legendary status in the world of cricket. ### **Michael Jordan and Kobe Bryant:** Basketball legends Jordan and Bryant were synonymous with exhaustive preparation. Beyond the hours of practice, their success on the court was fueled by a deep understanding and analysis of opponents. Perfecting their skills became a ritual, not just to build confidence but to translate that confidence into unparalleled success on the basketball court. ### **Michael Phelps:** The most decorated Olympian of all time, Phelps' success in the pool was a result of a rigorous training regimen. His meticulous preparation, encompassing both mental and physical aspects, contributed significantly to the unshakable confidence that led to unparalleled achievements in swimming. These exemplary individuals underscore how thorough preparation is the cornerstone for unshakable confidence, which, in turn, serves as the bedrock for monumental success. The correlation between preparation and confidence remains a guiding principle, not only in the stories of these luminaries but in the fabric of triumph across various fields. Remember, every success story conceals an untold tale of relentless preparation and unwavering confidence. Therefore, embrace the journey of preparing and practicing each day, focusing on the skills that matter most in your life's journey to attain the confidence necessary for success. For startup founders seeking guidance and a platform for honing their craft, [Foundership](https://foundershiphq.com) offers access to coaches who push and guide entrepreneurs to become better at what they do. If you're an early-stage founder, explore the opportunities in our [upcoming 0xCamp#5 cohort with Polygon and Multichain](https://blog.foundershiphq.com/0xcamp-5-igniting-the-web3-and-ai-innovation-in-the-bear-market-clnd5es9d2283351vpquh2h2bo4/).​ #Preparation #Confidence #Success #Leadership #Business #Sportsmanship #Startups #PersonalDevelopment --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Here is what happened in Q2 & Q3 2023 @ Foundership Author: Unknown Published: 2023-10-10 Tags: Accelerator, Foundership, Quarterly Update URL: https://blog.foundershiphq.com/here-is-what-happened-in-q2-and-q3-2023-foundership-clnke2wds1636381wo33bf46fx8/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-happened-in-q2-and-q3-2023-1696946996089-compressed.png) Before reading our Q2 & Q3 reports, here are the interesting updates ... On our **upcoming plans**:  --------------------------- Q2 & Q3 have been good quarters for Foundership. Here is the Result as of 30th Sept 2023. \--4 Cohorts \--32 Global Web3 Startups (selected out of 550+ applications) \--70+ Coaches. 40+ Capital Partners. 10,000+ Community Members \--10 have raised funding with a $75mn valuation We just announced our [Web3 Cohort 5 program applications](https://blog.foundershiphq.com/0xcamp-5-igniting-the-web3-and-ai-innovation-in-the-bear-market-clnd5es9d2283351vpquh2h2bo4/), where we are bringing "**GenAI to Web3**". > **Starting with Web3 Cohort gave Foundership a perfect start to create a unique accelerator model.** Web3 is an emerging tech. In addition to Web3 cohorts, we are expanding to start Gen AI Cohort with our unique model in Q1 2024, then the IndiaStack cohort, and then one emerging tech sector at a time. Our unique playbook is ready to build a **_Global Accelerator VC for Emerging-Tech Startups_** for founders from India and the US. **Q2 & Q3 2023 Summary:** ------------------------- ### **Program** We started LaunchCamp 3 Cohort with 6 Startups and 14 Coaches. 6 Startups were selected from 96 applications. We re-designed our programs for Web3: LaunchCamp as a bespoke advisory program for pre-Series A Web3 startups looking for token launch and business development. 0xCamp: Cohort program for MVP to Traction for pre-seed startups. We conceptualized BuildCamp as the top-of-the-funnel Idea-to-MVP creation program for developers. With this, as an accelerator, we support Ideas to Token Listing startups across the value chain of startup building! We started 0xCamp 5 with 9 Startups selected from 145 applications from 10+ countries. 4 startups from India and 5 from the rest of the world joined the program. ### **Portfolio Funding** 10 startups from a total of 32 are funded (valued $75mn) as of 30th Sept 2023. ### **Coaches** We continued to add more coaches with a total of 82 coaches. ### **Partnership** We added several partners with a total of 75 for grants and market access for our portfolio Startups. ### **Community** We continued with 40 cities having Foundership Communities with ˜10,0000 members worldwide. The purpose of the community is to enable Founders to get early-users & supporters while building Idea-to-MVP-to-traction stage supports. We hosted our 1st Foundership Day Annual event and hosted 2 side-events in Tokyo & Singapore during Ethereum Global events in these 2 cities. ### **Platform** We activated our Software Platform “Foundership Signal” - To enable DIY collaboration among Founders, Coaches and Partners for the Foundership incubation and acceleration program and also for investors to gather signals from participating startups at Foundership. This helped to reduce our operational hassles and increase productivity to run several initiatives. _**Do you know a builder or founder who is building an MVP  and considering taking it further?**_ Let us help them to get going in the right direction! Please refer her/him to apply for the _**November 2023 0xCamp Season 5**_ Program. [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-season-5-f7rbkrzxoaat6mp-1696947047092-compressed.jpeg)](https://write.superblog.ai/sites/supername/foundership/posts/untitled-draft-post-clnke2wds1636381wo33bf46fx8/​https://foundershiphq.com/0xcamps) **0xCamp Season 5 Program** 👇 [https://foundershiphq.com/0xcamps](https://foundershiphq.com/0xcamps) ​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 0xCamp 5: Igniting the Web3 & AI innovation in the Bear market Author: Unknown Published: 2023-10-05 Tags: web3 startups, AI URL: https://blog.foundershiphq.com/0xcamp-5-igniting-the-web3-and-ai-innovation-in-the-bear-market-clnd5es9d2283351vpquh2h2bo4/ **Introduction** ------------------- Web3 is like the emerging kid on the block, changing how we use the internet. It's moving us from a world controlled by big companies to one where everyone can join in. Things like 'DeFi' and 'NFTs' show how exciting this can be. But, like a rollercoaster, there are ups and downs. Recently, the crypto world hit a rough patch called a bear market. This made things hard for many new Web3 projects, and some folks lost their spark. This is where 0xCamp steps in. It's not just another program; it's a big thumbs-up to the world of Web3. Even when times are tough, 0xCamp is on the lookout for cool new ideas that can make a difference. AI has come on a super timing to speed up high-quality ideas for formidable startups. In short, 0xCamp is making sure the fun and creativity in Web3 don't stop, finding the best of the best. What is 0xCamp? --------------- 0xCamp is a renowned acceleration program by Foundership for early-stage Web3 projects & startups worldwide. The aim of 0xCamp is to back founders who wish to build a sustainable business from a mere project. In the last season of 0xCamp ( [season 4](https://blog.foundershiphq.com/inviting-you-to-web3-0-community-of-incredible-founders-leaders-in-a-cohort/)), we saw an exhilarating enthusiasm for founders worldwide. More than 150 startups applied, and only 10 made it to the end. And the feedback from the founders has been extraordinary. Regardless of the bear market, some founders dare to give their best shot. And 0xCamp worked like a true enlightener for them. So, what's unique about 0xCamp? ---------------------------------- Contextual Acceleration Program with Coaching + Capital + Community. Get 1-1 coaches as per your context & OKRs: 70+ Coaches worldwide Expand your network - 32 Startups and 50+ Founders in Foundership Alumni Network (From previous cohorts) Tap into L1 & L2 Partners network and grants Get ready to pitch to 50+ Capital partners (VCs) Get early believers and supporters: With the Foundership Community of 10,0000+ members worldwide As a young founder, you juggle with never-ending challenges, and the right direction to build seems lost. It's where the 0xCamps come to the rescue. What's New in 0xCamp 5? -------------------------- In the dynamic landscape of technology, certain moments stand out as turning points. This edition of 0xCamp aims to be one such pivotal instance. Recognizing the transformative potential of AI, particularly when intersecting with Web3, we believe we're on the cusp of reshaping the tech industry's trajectory. Generative AI, a culmination of decades of meticulous research, when synergized with Web3, can lead to profound advancements. From AI-powered data compression and storage solutions to groundbreaking work in decentralized computing, blockchain security, and the creation of generative digital assets - the horizon is vast. At Foundership, our mission has consistently been to identify and foster nascent startups that tackle substantial challenges. Equipped with an expansive partner network and seasoned coaches, we've curated an environment conducive to innovation. In essence, the fusion of AI and Web3 is not just inevitable but essential.  With 0xCamp 5, we are setting up a journey to harness the intersection of these two emerging technology. Benefits of Joining 0xCamp 5 ---------------------------- ### **1\. Building for Traction:** At 0xCamp 5, traction and execution are key. Participants will be mentored to develop their projects with a clear focus on gaining traction in the market, ensuring that what's built is both innovative and in demand. Traction in terms no of believers, community members, iteration, and feedback. ### **2\. Capital - Access "Get Funded Day":**  Capital is crucial for any startup's growth trajectory. 0xCamp 5 provides startups with an exclusive entry to our 'Get Funded Day', a platform where they can pitch their ideas to a curated group of investors ready to back the next big thing. Along with the Foundership ventures. ### **3\. High-level Networking - Global Engagement Center:** With participants and mentors from across the globe, 0xCamp 5 serves as a melting pot of diverse ideas and perspectives. It's an unparalleled opportunity to network under one roof with industry leaders, and angels potentially leading to future collaborations and opportunities. ### **4\. Groundbreaking Insights from Coaches via 1:1 sessions and office hours:** Learning from the best accelerates growth. At 0xCamp 5, startups will gain invaluable insights from the Coaches who've been at the forefront of their fields, ensuring they're equipped with the latest strategies and knowledge. ### **5\. Leverage 0xCamp Partners:**  Our partners are key industry players, and being part of 0xCamp 5 means you can leverage these partnerships. Whether it's for collaboration, resources, or insights, our partners bring a wealth of benefits to the table. Eligibility and How to Apply ------------------------------- 1. Willing to build on Polygon and a few more L1s & L2s (single-chain use case or multi-chain use case) 2. Startups that have a company incorporated or will incorporate within 30 days of the program start 3. Have at least one Tech Co-Founder 4. MVP in progress 5. Received No Funding yet ### **[Apply to 0xCamp now](https://foundershiphq.com/0xcamps)** **​Key Dates & Timeline ** ---------------------------- * **Application deadline:** Nov 10, 2023 * **Program starts:** Nov 27, 2023 What Founders have to say ---------------------------- **Pritam Dutta  ( Founder) - [Zoth](https://zoth.io/)** Foundership has been an amazing partner in our journey. We started with an idea on a page and foundership coaching and mentoring helped us build and scale a business. I would always recommend foundership for early-stage founders, as Bimlesh & Santosh are both founders who bring their entrepreneurial and scaling experience to the table. **Koshik Raj ( Founder) - [ZenGuard](https://zenguard.xyz/)** Foundership has provided us with all the tools that an early-stage project needs to take it to the next level such as the right mentorship, networking, and reach. The foundership team keeps adding value each day and pushes us in the right direction. **Aju G - [LinkDot](https://linkdot.xyz/)** The connections we've gained through their accelerator program have been an absolute game-changer for our growth! Thanks to their unique model, we've experienced an incredible 5x surge in just 10 months.  The value of the mentors and friendships we've forged along the way is simply priceless. Like them, many founders have shared similar experiences. Conclusion ------------- As the Web3 space continues to evolve and merge with technologies like AI and ML, it's clear that innovation won't be taking a back seat, even in challenging market conditions. 0xCamp S5 (Season 5) presents an unparalleled opportunity for innovators at this intersection, offering not just an accelerator program but a holistic experience. From building with real traction to unlocking vital networking opportunities, capital access, and groundbreaking insights. With 0xCamp 5, Foundership is redefining the landscape of startup acceleration and inviting you to be a part of this Web3 &AI revolution and massive opportunities.  Don't miss out on this chance to bring your vision to life, foster meaningful connections, and set the groundwork for a thriving venture. Join us in pioneering the next big thing! --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing Foundership 0xCamp cohort 4: Shaping the Future of the Internet Author: Unknown Published: 2023-08-14 Tags: Polygon, Foundership, Startup Web3 URL: https://blog.foundershiphq.com/announcing-foundership-0xcamp-cohort-4-shaping-the-future-of-the-internet-cllav57z9388233tqcqxyw53gi/ Introduction ------------ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/1691674713418-1692021062822-compressed.jpeg) 0xCamp is a 4-month early traction program designed for young startup founders building products & projects in the Web3 space. It's a stage for global founders building in Web3. This is the 4th cohort of 0xCamp.  The current batch is made possible thanks to [Polygon](https://polygon.technology/) team as a Foundership acceleration partner. > More than 150 founders had applied from various domains in Web3. However, only ten selected startups made it to the end. They range from gaming, DeFi, and infrastructure projects to social apps. In this blog, you will see a glimpse of what accepted startups are building and how they are shaping the future of the internet. Our purpose for 0xCamp is simple -**helping prototype-stage startups overcome the early challenges & pitfalls and build an investable business. ** While there are many challenges for these startups, one of the most common yet hard ones seems to be **early traction**, In the form of users, believers, community members, feedback, etc. So far, we received a whooping **550 applications** for all 0xCamp batches, including the current one, and we are just getting started. With the start of the 0xCamp 4 cohort, We're thrilled to open the application for 0xCamp 5!  If you're a young founder building in web3 & want to be part of an elite group of builders and innovators, this is your chance. _Apply to 0xCamp5! More details are below._ Meet 0xCamp 4 startups ------------------------- ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/1691674712408-1692021084071-compressed.jpeg) **[0101 Labs](https://www.0101labs.com/) **_Headquarter: Dubai- UAE_ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/63cb2e51763a9e9dfd3379100101-white-p-500-1692017862744-compressed.png) > 0101 Labs is an emerging blockchain development studio dedicated to crafting immersive gaming experiences that merge traditional and web3 gaming.  Are you an avid gamer? This startup makes you the main character. They are putting IP and true ownership into the hands of every player. This means that players can own their in-game assets and have true ownership over them. **[Gameland](https://gameland.network/) **_Headquarter: Singapore_ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/gameland-1692018050109-compressed.png) > Gameland is a platform that connects game developers with their players. It provides game producers with a platform to meet players as early as possible.  It has tools for game guilds that visualize the NFT, achievements, rankings, rewards, and income of each game. [Going Up](https://www.goingup.xyz/) _Headquarter: San Francisco_ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/goinguplogo-1692018075535-compressed.png) > GoingUP is an on-chain Professional Reputation Protocol for Talent Management. Recognizing top contributors in a team is one of the important aspects for any organization to achieve success, along with the performance of individual members.   This is where Going Up comes in, they claim to enable companies to easily capture, measure and reward their talent by getting a full picture of key contributions and interactions. **[Pistachio Wallet](https://www.pistachiowallet.io/) ****_HeadQuarter: Mexico City_** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/pitsachiowallet-1692018318795-compressed.png) > Pistachio is a wallet that allows you to manage your cryptocurrency. It is easy to use and intuitive.  You can buy crypto, pay friends, and withdraw to the bank.  It is built on Ethereum and PolygonzkEVM. How it's different from other wallets is, it works on a peer-to-peer transaction model. **[Turf](https://0xturf.gg/) ****_Headquarter: Bengaluru - India_** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/turf-1692018364845-compressed.jpg) > Turf is a game infra for gamer's economy. Turf aims to create an ecosystem that utilizes blockchain infrastructure to help Web2 gamers leverage the gaming economy.  Turf is democratizing esports and making it cheaper, trustless, and decentralized. **[Chaindeck](https://chaindeck.io/) ****_Headquarter: Delhi - India_** > Chaindeck is a data facilitator powering the whole ecosystem.  They provide indexed data (ranging from raw data, Data specific to Uniswapv3, NFT marketplace data, etc.) for major chains: Ethereum, BSC, Polygon, Arbitrum, Optimism, and Avalanche. They are the hub for the Web3 Infrastructure. **[JACK Game](https://jackgame.app/) **_Headquarter: London_ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/logo-1692018896919-compressed.svg) > It's an innovative Web3 mobile strategy game, leveraging augmented reality (AR) and blockchain to offer an unprecedented immersive gaming experience that merges virtual and real-world gameplay. **[Disobey](https://www.disobey.app/) **_**_Headquarter_**: Hyderabad - India_ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/disobeylogo-1692019092371-compressed.png) > Disobey is Gamified Marketplace for collectibles. **How it works:** Play Location based game to collect rare collectibles around you. Collect for yourself or Resell in your network/followers earning great margins. Dress-UP avatars & AR Try On apps like Snapchat. **[Orbiting](https://orbiting.social/) **_**_Headquarter_**:_ Pune - India [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/orbitingartboard-12-1024x338-1-1692019265802-compressed.png)](https://orbiting.social/wp-content/uploads/2023/01/OrbitingArtboard-12-1024x338-1.png) > Orbiting is a new-age social media platform. It is a Web 2.5 platform that gives you 100% transparency in wallet-based transactions with 100% privacy for your conversations, media, and activities.  You can avail of benefits such as the wallet, digital identity, NFTs, Smart contracts, badges and transactions, and other features backed by blockchain technology. Why do founders love 0xCamp? ------------------------------- 1. **Building for Traction **At Foundership, we understand that traction is one of the most necessary puzzles to solve, if not the most necessary. 2. **Capital: Access Get Funded day **​ 0xCamp program sumps with the Get funded day.  Where founders pitch to notable Web3 investors globally & Foundership ventures. Raise capital for ultimate acceleration. 3. **High-level networking: Global engagement center **​ As the name suggests, network & build relationships with seasoned web3 leaders, founders, extraordinary coaches & elite investors under one roof. Global engagement center spreads across the world. Sans Fransico, Singapore, Dubai, New York, India & more. 4. **Groundbreaking Insights: From leaders & doers **​ Get counter-intuitive, hidden insights from coaches who guide you throughout the program. Build and scale your startup with new knowledge, insights & perspectives. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/1691674713452-1692021442196-compressed.jpeg) Why Foundership over other accelerator? --------------------------------------- * We're the leading Web3 accelerator for global early-stage startups * 550 global Web3 projects have applied to our programs in the last 10 months! * 45% of our accelerator startups are already pre-seed funded and valued at ~$63mn. * 70+ global coaches from the US, Europe, Dubai, Singapore, and India are part of this program CoachDAO to coach you in executing in the right direction * 50+ Capital partners worldwide who are both native Web3 investors and equity investors who back web3 startups. What we look for 0xCamp? --------------------------- We're looking for passionate founders who are in the early stage of their journey with having a prototype of their product ready. Also, called MVP. **Announcing the next batch** ----------------------------- We're super pumped to announce 0xCamp 5! Applications are now open: [0xCamp](https://foundershiphq.com/0xcamps%E2%80%8B) **Conclusion ** ----------------- **0xCamp** is more than just an accelerator program; it's a dynamic ecosystem fostering innovation, collaboration, and growth in the Web3 space.  With each new batch, we see a surge of creativity and determination from young founders striving to reshape the future of the internet. From gaming and DeFi to decentralized solutions and beyond, the startups in 0xCamp 4 have showcased the immense potential that lies within this new frontier of technology.  Their visions are not merely ideas; they are tangible solutions addressing real-world challenges. As we eagerly open the doors for 0xCamp 5, we invite the next wave of passionate builders to join us in this thrilling journey.  Whether you're an entrepreneur seeking to transform your dreams into reality or an investor looking to support the next big thing, 0xCamp is where possibilities become achievements. Together, we are not just building products; we are crafting the future. Join us and be part of the change that is not only imminent but essential. Apply to 0xCamp 5 today and take your first step towards making a lasting impact in the world of Web3.  Feel free to check out our 0xCamp 4 startups and engage with them. Because, that's how an ecosystem grow. Your time is now. Thanks for reading! ### ​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 7 Strategies To Effortlessly Scale Your Web3 Project Author: Unknown Published: 2023-07-10 Tags: web3 scalability, Web3 project, web3 startups URL: https://blog.foundershiphq.com/7-strategies-to-effortlessly-scale-your-web3-project-cljwqucpu1424893tp97rehiyqa/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/7-strategies-to-effortlessly-scale-your-web3-project-1688986691736-compressed.png) To scale your web3 project, those 3 have to live in harmony… We’re talking about Decentralization, Security & Scalability. Be it building in web2 or web3, we all build to scale. If there’s no scalability, then why even talk about growth, mass adoption, and so on? As the world of blockchain continues to expand, entrepreneurs and developers must navigate the complexities of the Blockchain Trilemma (a term coined by Vitalik Buterin). In this article, let’s explore what this trilemma is, what can be the possible solutions and how you as a web3 builder can seamlessly scale, embracing the potential of millions of users and transactions. **Understanding the Blockchain Trilemma** ----------------------------------------- To address the challenge of scalability in web3, it is essential to understand the Blockchain Trilemma. This trilemma represents the delicate balance between decentralization, security, and scalability. Let’s explore the implications and challenges of each of these properties, setting the stage for scalable solutions. ### **Decentralization** Decentralization is a key principle of blockchain, ensuring trust and transparency. However, as we strive for scalability, the very essence of decentralization can be compromised. Pursuing higher transactions throughout may give rise to centralized solutions, challenging the decentralized fabric of the network. ### **Security** Security stands as a pillar of paramount importance in blockchain systems. However, scaling often introduces new risks and vulnerabilities. The trade-off between scalability and security requires careful consideration to ensure the integrity and immutability of the blockchain. ### **Scalability** The holy grail of blockchain lies in achieving scalability without sacrificing decentralization or security. But, it’s a huge challenge. Trade-offs between the other two may arise, impacting network efficiency and user experience. ### **Is It Actually a Trilemma?** As of now, the blockchain trilemma is just a model. A concept that sheds light on the challenges of putting blockchain technology to use. It’s neither a law nor a hard & fast proven phenomenon that states that one cannot achieve all the 3 in their web3 projects. Let’s see the possible solutions of how we can maintain the sanctity of being in the web3 world ie. keeping it decentralized & secured and achieving scalability. ### **Possible Solutions To Deal With The Trilemma** **Sharding** Sharding in web3 partitions the blockchain into smaller subsets (shards) to process transactions independently, boosting scalability and accommodating growing user demand. **Enhanced Consensus Algorithms** Traditional blockchains use Proof of Work (PoW) or Proof of Stake (PoS), limiting scalability. Alternative consensus algorithms like Delegated Proof of Stake (DPoS), Practical Byzantine Fault Tolerance (PBFT), and Directed Acyclic Graphs (DAGs) offer scalability improvements and energy efficiency. **Off-Chain Computations** Off-chain processing of non-critical tasks through trusted intermediaries or decentralized networks improves scalability by reducing blockchain load. **Network Optimization** Optimized network protocols, faster block propagation, and efficient data synchronization enhance blockchain performance and scalability. **Hybrid Solutions** Hybrid approaches combine layer 2 solutions, sharding, enhanced consensus, and network optimization to maximize scalability. Benefits, challenges, and real-world examples explored. **7 Strategies To Prepare for Scalability** ------------------------------------------- Scaling a web3 startup isn't a mere technicality. It’s a strategy that needs - * A precise planning * A cutting-edge solution * A deep understanding of the web3 landscape There are numerous factors that have a role to play. Now that we’ve looked at the above solutions, let’s look at the strategies that’ll prepare you for the scale. ### **1\. Embrace A Scalability-First Mindset** To embark on a journey of limitless growth, instil a scalability-first mindset into the very foundation of your startup. From the earliest stages of development, design your systems to be agile, fault-tolerant, and capable of horizontal scaling. By prioritizing scalability as a core principle, you set the stage for seamless expansion in the future. ### **2\. Don't Compromise on Decentralization** Decentralization lies at the heart of the Web3 revolution, and it should never be sacrificed for the sake of scalability. Strive to strike a delicate balance between these two pillars. Craft an architectural framework that embraces decentralized principles while incorporating innovative scaling solutions such as layer-2 protocols, sidechains, and sharding. The key lies in harnessing the power of scalability without compromising the essence of Web3. ### **3\. Utilize Cutting-Edge Technologies** Equip your startup with the right tools and technologies to amplify scalability. Dive deep into layer-2 protocols like Plasma, Rollups, and State Channels to enhance transaction throughput and reduce latency. Explore the potential of sidechains and off-chain computation to elevate your product's performance. In this battleground of scalability, knowledge is your most potent weapon, so embrace these technologies with fervour. ### **4\. Optimize UX** In the Web3 world, users reign supreme. Elevate their experience by crafting seamless onboarding processes, intuitive interfaces, and frictionless transactions. Embrace cutting-edge technologies such as zero-knowledge proofs, decentralized identity, and user-centric design principles to create an immersive user journey. Remember, a stellar user experience acts as a catalyst for exponential adoption, propelling your Web3 project to new heights. ### **5\. Foster a Thriving Web3 Ecosystem** No Web3 startup exists in isolation. Cultivate an ecosystem that thrives on collaboration, innovation, and synergy. Forge strategic partnerships with fellow projects, amplify your reach through developer communities, and actively contribute to the growth of the broader Web3 ecosystem. By fueling the collective fire, we can usher in an era of limitless possibilities, where interoperability and collaboration pave the way for unparalleled scalability. ### **6\. Continuously Iterate and Optimize** Scalability is not a one-time achievement. It requires constant iteration and optimization. Embrace an agile development approach that allows for rapid iterations and fine-tuning. Continuously monitor and analyze the performance of your systems, identifying bottlenecks and areas for improvement. By adopting a mindset of relentless optimization, you ensure that your Web3 project remains scalable and adaptable to the ever-changing landscape. ### **7\. Stay Ahead of the Curve** In the fast-paced world of Web3, staying ahead of the curve is crucial. Keep a keen eye on emerging technologies, industry trends, and research breakthroughs. Actively participate in conferences, meetups, and online communities to stay connected with the brightest minds in the field. By constantly learning and innovating, you position your Web3 project as a frontrunner in the race for scalability. **Shift Your Orbit With 0xCamp** -------------------------------- Dealing with the Blockchain Trilemma and scaling up your web3 project may seem challenging, but it's achievable. By focusing on scalability since the beginning, using various layer 1 & layer 2 solutions, you can overcome these challenges. If you're a builder wanting to launch your web3 project and scale it as you go, we invite you to [**apply for 0xCamp**](https://foundershiphq.com/0xcamps). It's a free 3-week intense web3 startup incubation program where the leaders from the space will help you with coaching & capital, and connect you to a supportive community. ​[**Take this opportunity**](https://foundershiphq.com/0xcamps) to bring your web3 idea to life. **Have any questions? Let’s talk! Shoot us an email at** **we@foundershiphq.com** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 14 Books To Make You a Super Web3 Entrepreneur Author: Unknown Published: 2023-07-10 Tags: defi, web3 explained, web3, web3 startups URL: https://blog.foundershiphq.com/web3-books-recommendation/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/14-books-to-make-you-a-super-web3-entrepreneur-1688977146319-compressed.png) Excelling as a [**web3**](https://blog.foundershiphq.com/what-is-web3/) entrepreneur is not just about staying with the trend. You need to dig deeper into the 2 main aspects - 1. **Understanding the decentralized technology** 2. **Mastering the art of community building** And if you have to do so, not all good things come on screens. Some come on pages! In the era of blogs, podcasts & videos - reading books can give you an unfair advantage. While podcasts and blogs provide valuable insights, books offer in-depth knowledge, timeless wisdom, and a holistic understanding of the industry. Divided into two sections, in this article, we explore 14 books that can enrich you on your journey and transform you into a super web3 entrepreneur. **7 Books to Understand The Decentralized Technology** ------------------------------------------------------ ### **1\. “The Spatial Web” by Gabriel Rene & Dan Mapes** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/8-1688977413385-compressed.png) Dive into the possibilities of the Spatial Web, where virtual and augmented reality converge with blockchain technology. This book paints a vivid picture of how decentralized technology can reshape the way we interact with the digital world. **What you’ll learn?** * Discover the potential of the Spatial Web merging AR/VR and blockchain. * Gain insights into decentralized technology and its applications. * Reshape your digital interactions and envision the future. ### **2\. “Token Economy” by Shermin Voshmgir** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/9-1688977488864-compressed.png) Unlock the mysteries of token economies and blockchain technology with this insightful book. It provides a comprehensive understanding of the principles, applications, and potential disruptions brought forth by tokens and decentralized networks. **What you’ll learn?** * Demystify token economies and blockchain technology. * Gain a comprehensive understanding of principles and applications. * Explore the potential disruptions brought by decentralized networks. ### **3\. “The Bitcoin Standard” by Saifedean Ammous** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/10-1688977572232-compressed.png) Discover the foundations of Bitcoin and decentralized digital currencies. This book explores the economic principles and historical context behind Bitcoin, shedding light on its potential as a disruptive force in the financial world. **What you’ll learn?** * Explore the foundations of Bitcoin and decentralized digital currencies. * Understand the economic principles and historical context behind Bitcoin. * Gain insights into its potential as a disruptive force in the financial world. ### **4\. “Blockchain Wars” by Evan McFarland** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/11-1688977608717-compressed.png) Take a deep dive into the competitive landscape of blockchain platforms. This book offers a comprehensive analysis of the challenges and opportunities within the decentralized technology space, helping you navigate the ever-evolving terrain. **What you’ll learn?** * Deep dive into the competitive landscape of blockchain platforms. * Gain a comprehensive analysis of challenges and opportunities. * Navigate the ever-evolving decentralized technology space. ### **5\. “Everything About Web 3.0” by Arya Ghobadi** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/12-1688977645223-compressed.png) Embrace the future of the internet with this comprehensive guide to Web 3.0. From blockchain fundamentals to decentralized applications (dApps), this book covers it all, equipping you with the knowledge to leverage the power of Web3 startups. **What you’ll learn?** * Embrace the future of the internet with Web 3.0. * Gain a comprehensive knowledge of blockchain fundamentals and decentralized applications (dApps). * Leverage the power of Web3 startups with insights from this book. ### **6\. “Blockchain and Web 3.0” by Massimo Ragnedda** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/14-1688977743233-compressed.png) Explore the social and economic implications of blockchain technology. This book delves into the transformative potential of Web 3.0 and its impact on various industries, offering valuable insights for aspiring Web3 entrepreneurs. **What you’ll learn?** * Explore the social and economic implications of blockchain technology. * Gain insights into the transformative potential of Web 3.0. * Understand its impact on various industries for aspiring Web3 entrepreneurs. ### **7\. “The Fiat Standard” by Saifedean Ammous** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/13-1688977785022-compressed.png) Challenge conventional notions of money and explore the relationship between fiat currencies and decentralized alternatives like Bitcoin. Gain a deeper understanding of the flaws in the existing monetary system and the potential of decentralized finance. **What you’ll learn?** * Challenge conventional notions of money and fiat currencies. * Explore the relationship between fiat and decentralized alternatives. * Gain insights into the flaws of the existing monetary system and the potential of decentralized finance. **7 Books to Master The Community Building** -------------------------------------------- When it comes to web3 book recommendations, a lot of emphasis is given to books about tech and blockchain. Yup, you need to know how things work technically. But these 7 books on building a community will keep you way ahead of web3 founders who’re here just because of the tech. ### **1\. Get Together by Bailey Richardson, Kevin Huynh & Kai Elmer Sotto** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/1-1688977815382-compressed.png) A book about cultivating a community, online or IRL. Learn the art of community building with this practical guide. Discover strategies for cultivating thriving communities, fostering connections, and nurturing meaningful relationships. **What’ll you learn?** * Rallying the first people * Developing community leaders * Attracting & authentic community members ### **2\. The Courage to Be Disliked by Ichiro Kishimi & Fumitake Koga** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/2-1688977861055-compressed.png) A book on how to stop satisfying other people’s expectations that don’t matter. Explore the psychology of relationships and interpersonal dynamics, uncovering valuable insights for building and sustaining communities. This book encourages you to embrace authenticity and forge meaningful connections. **What’ll you learn?** * Treat the present as the outcome * Never let your past determine your future * How to change your life & achieve real happiness ### **3\. Tribe by Sebastian Junger** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/3-1688977898834-compressed.png) A book about homecoming & belonging. Delve into the human need for belonging and community. Drawing from anthropological research and wartime experiences, this book explores the profound impact of shared identity and collective purpose. **What’ll you learn?** * Self-determination theory * Focus on our shared humanity * Bond through purpose, not disaster ### **4\. The Business of Belonging by David Spinks** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/4-1688977934314-compressed.png) A book about how community teams can scale your business. Unlock the secrets of building a sense of belonging within communities. This book provides actionable strategies for fostering engagement, creating meaningful experiences, and nurturing vibrant communities around your Web3 startup. **What’ll you learn?** * The 3 levels of community strategy * Deprioritization via the SPACES model * The 7 Ps of community experience design ### **5\. The Power of Moments by Chip & Dan Heath** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/5-1688978004394-compressed.png) A book explaining why certain experiences have an extraordinary impact. Harness the transformative potential of memorable experiences. This book explores how strategic moments can create a lasting impact within communities, driving engagement and loyalty. **What’ll you learn?** * How to “break the script” * The power of milestone moments * The 4 elements of special moments (elevation, insight, pride, connection) ### **6\. Start With Why by Simon Sinek** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6-1688978045315-compressed.png) A book about how great leaders inspire everyone to take action. Discover the power of purpose in community building. This book challenges you to articulate your "why" and inspires others to join your Web3 startup by aligning with a compelling vision. **What’ll you learn?** * Follow the golden circle * Your “why” can’t be money or profits * How to champion your customer’s values ### **7\. The Culting of Brands by Douglas Atkin** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/7-1688978105190-compressed.png) A book about turning your customers into true believers. Uncover the secrets of brand loyalty and community devotion. This book explores the psychology behind cult-like followings and offers insights into how you can build a passionate community around your Web3 startup. **What’ll you learn?** * What drives true commitment * Building a cult through humility * Create myths & stories that carry morals  **Fast Forward Your Entrepreneurial Journey** --------------------------------------------- Becoming a super web3 entrepreneur requires a deep understanding of decentralized technology and the art of community building. The above books provide valuable insights and strategies to help you navigate the complex web3 startup landscape. But if you need someone who has been there, done that to hold your hand, be your guide and take you to success, then consider joining [**0xCamp**](https://foundershiphq.com/0xcamps). It’s a free 3-week intense incubation program where we help web3 visionaries like you to bring your ideas to life and launch your startup in the right direction. ​[**Apply now**](https://foundershiphq.com/0xcamps) to shift your orbit with experienced coaching, much-needed capital and a thriving community! --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## A Promising First Quarter of 2023: Foundership Updates for the Community Author: Unknown Published: 2023-06-15 Tags: Update, Accelerator, Foundership URL: https://blog.foundershiphq.com/a-promising-first-quarter-of-2023-foundership-updates-for-the-community-clix46fqn880603tqw9ih17im9/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-happened-in-q1-2023-1686832581437-compressed.png) We have made a promising start in Q1 2023. We have been sharing our progress during 2022 and this is the continuation of the practice. #As of 31st March 2023 ---------------------- **Q1 2023 Summary:** * **460** global Web3 **startups** applied to our 0xCamp - Traction program (till date). * **20** web3 Startups were selected in 3 batches for our LaunchCamp -  **Acceleration** program. * **45%** of our accelerator startups are already pre-seed **funded**. * **70** Global Web3 Founders & Leaders as **Coaches** in our CoachDAO. * **40+** Global Cities have Foundership Web3 Community **Chapters**. * **40** Capital Partners (**VCs and Angels**) * **28 Partners** have teamed up to support our Startups with market access, technology and partnerships. * **3000+ attendees** registered for our events. * **5000+ global Community members** across our channels on Telegram, Discord and Twitter. * We launched the **first version of the Foundership Signal Platform** \- To enable DIY collaboration among Founders, Coaches and Partners for the Foundership incubation and acceleration program and also for investors to gather signals from participating startups at Foundership. * Foundership continues its **global focus with events** alongside ETHDenver, ETHDubai, and ETHTokyo this quarter. * Our **team** is based out of India, Dubai and Singapore. ### **Q1 2023 Details:** **Program /Cohorts:** We have received 460 total Web3 project/startup applications as of 31s March 2023 * 460 global Web3 projects have applied to our programs in the last 9 to 10 months! * 20 web3 Startups were further selected in 3 batches for our LaunchCamp - [Acceleration program](https://blog.foundershiphq.com/launchcamp2-portfolio/). * 3 startups out of 20 from the USA, LatAm and APAC * We have 45 active Web3 Coaches to work with our Startups in LaunchCamp. In addition, we received 25 new coach applications to join as a coach. [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2023-06-15-at-19-1686838451709-compressed.png)](https://foundershiphq.com/coaches) **Marketing & Brand Building:** We grew awareness of our offerings and brand visibility on various channels. To correlate, we received 50 new startup applications for the quarter, and the total has been 460 new startups as of 31st March 2023. We hosted 5 events this quarter, 2 in India, 1 in the US and 1 in Dubai. We curated ~475 Founders, Builders and Investors to join our events out of 3000+ RSVPs. [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/event-1686838184152-compressed.jpg)](https://foundershiphq.com/events) **Community:** Foundership Web3 Community Chapters now live in 40 cities worldwide (28 cities in India and 12 Global cities). We added 22 platforms & protocols as our partners, reaching 28 partners. [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/fyafobuxsaeu2p1-1686833024767-compressed.jpeg)](https://t.me/foundership) **Platform:** We launched the first version of the Foundership Signal Platform - To enable DIY collaboration among Founders, Coaches and Partners for the Foundership incubation and acceleration program and also for investors to gather signals from participating startups at Foundership. Using the Signal platform, we manage all our program operations and collaborations. Build. Learn. Get Coached. Find Right Direction. [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/fship-screenshot-2023-06-15-at-18-1686833661159-compressed.png)](https://app.foundershiphq.com/) **Office Space:** We took an office space at HSR Layout, Bengaluru to bring all team members together and also host workshop sessions for our accelerator startup Founders to help them speed up. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/hsr-office-1686837655246-compressed.jpg) > **Foundership has accelerated 20 startups in the last 9 months with funded startups already valued at $63mn.** > -------------------------------------------------------------------------------------------------------------- We are on a mission to enable Web3 Founders to succeed in their startup building, even during the peak of the bear market! Thanks! Team Foundership \--------- _**Do you know a builder or founder who is building a side-project and considering taking it further?**_ Let us help them to get going in the right direction! Please refer him to apply for the July 2023 0xCamp Polygon Program and 0xCamp Multichain Program. 0xCamp Polygon Program 👇 ​[https://foundershiphq.com/0xcamp-details/0xcamp-polygon](https://foundershiphq.com/0xcamp-details/0xcamp-polygon)​ 0xCamp Multichain Program 👇 ​[https://foundershiphq.com/0xcamp-details/0xcamp-multichain](https://foundershiphq.com/0xcamp-details/0xcamp-multichain)​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Ethics For Web3 Startups: A Key To Mass Adoption? Author: Unknown Published: 2023-06-05 Category: web3 ethics Tags: dao, web3 ethics, Web3 project, tokenomics, defi, web3, web3 startups, Ecosystem URL: https://blog.foundershiphq.com/ethics-for-web3-startups/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/ethics-for-web3-startups-1685942325401-compressed.png) We know with great power comes great responsibility. And now, as a web3 startup founder, the responsibility is on your shoulders. You are at the forefront of a revolutionary movement that will change the way we interact with the internet. If we want to take web3 to the mainstream, each & every startup founder should understand that the decentralized nature brings unique ethical challenges. * Transparency * Privacy * Security These aren't just nice-to-haves - they're crucial for maintaining trust amongst web3 users. Balancing Innovation & Responsibility ---------------------------------------- Maintaining strong ethics in web3 startups is not just a matter of personal conviction. It’s a crucial factor in achieving mass adoption! When users perceive startups as ethical and responsible, they are more likely to embrace the technology wholeheartedly. It inspires confidence, reassuring individuals that their privacy is valued and that their participation in decentralized systems is fair & secure. Result? Users engage, explore, and contribute more to the growth of the web3 ecosystem. Let’s take a look at the **3 most important ethical considerations in web3** and explore the best practices to lay the groundwork for a future where web3 becomes a seamless part of everyday life. 1\. Privacy & Data Ownership ------------------------------- Your users are not just numbers or data points. They are real people who have the right to control their own information. In today's world, personal data is an incredibly valuable commodity, and users are increasingly concerned about who has access to it. In web2, users give up control of their data in exchange for access to a platform. But it’s no longer acceptable in web3. As a web3 startup founder, keeping the following considerations in mind will help you maintain the privacy of users’ data in a better way - ### Transparency & Control Be transparent about data collection and usage. Provide users with control over their data and make it easy for them to access, edit, or delete their data. ### Protect User Data Ensure that user data is protected from unauthorized access. Implement strong security measures and have a clear plan in place in case of a data breach. ### Educate Users Educate users about how their data is collected and used. Empower them to make informed decisions about their privacy and data ownership. 2\. Decentralised Governance ------------------------------- In web3, you have the power to shape the governance of your platform. By incorporating decentralised decision-making into your project, you can empower your users to have a voice in the future of your product. But then, the challenge of ensuring accountability & transparency cannot be ignored. Let’s address it. Here are a few ways you can ensure a fairer system in your project - ### Embrace Transparency By ensuring that decision-making processes are transparent, you can create a culture of openness and honesty that builds trust with your community. This includes providing clear documentation of governance processes and outcomes, as well as soliciting feedback and participation from your users. ### Foster Accountability Accountability is crucial in ensuring that your platform operates in the best interest of its users. To foster accountability, create clear roles and responsibilities for governance participants and establish mechanisms for enforcing them. Regular audits and reporting can also help to promote accountability and ensure that governance processes are being carried out fairly. ### Emphasize Democratic Decision-Making In a decentralized platform, democratic decision-making is key to ensuring that the platform operates in a fair and inclusive manner. By emphasizing democratic principles such as one-person-one-vote and community input, you can create a governance system that is both effective and representative of the needs of your users. Additionally, ensuring that governance participants have a diverse range of perspectives can help to ensure that decision-making processes are inclusive and equitable. 3\. Social & Environmental Sustainability -------------------------------------------- Yes, web3 has the potential to change the world, but it also poses a significant risk to our planet and society. The energy consumption required for mining cryptocurrencies and powering web3 networks can have a significant impact on the environment. As a web3 startup founder, it is important to consider the potential social and environmental impacts of your platform. It is important to design your platform in a way that maximizes social and environmental benefits while minimizing negative impacts. ### Prioritize Sustainability in Design As a web3 startup founder, it is important to prioritize sustainability in the design of your platform. This can involve using energy-efficient infrastructure, optimizing code to reduce energy consumption, and exploring alternative energy sources for powering your platform. ### Partner with Sustainable Organizations Partnering with organizations that promote social and environmental sustainability can help you maximize the positive impacts of your platform. This can involve partnering with organizations that promote sustainable practices, supporting social and environmental initiatives, or incorporating sustainability metrics into your platform's performance indicators. ### Educate Your Users on Sustainability Educating your users on the social and environmental impacts of their platform usage can help them make more sustainable decisions. This can involve providing users with information on the environmental impacts of cryptocurrency mining, promoting sustainable practices through your platform's user interface, or partnering with sustainable organizations to promote sustainable behaviours among your user base. 7 Practices To Incorporate Ethics In Your Startup ---------------------------------------------------- Giving solace to your users while on a web3 journey may seem daunting, but by adopting these 5 practices, you can maintain your ethics in this decentralized realm - 1. Before launching your platform, **conduct a comprehensive review** to identify potential ethical challenges & opportunities. 2. **Engage with your stakeholders** including users, partners, and investors, to understand their ethical concerns and incorporate their feedback into your platform design. 3. **Prioritize transparency & accountability in your decision-making processes**, and ensure that your users have access to information about how their data is collected and used. 4. **Incorporate ethical considerations into your business model**, such as partnering with organizations that promote social & environmental sustainability, or offering users a greater degree of control over their data. 5. **Keep your users educated** by providing accessible resources, tutorials, and guides to help them sail through your system smoothly. 6. **Promote a culture that values diversity & inclusion** to ensure that your products and services cater to a broad range of users. 7. **Conduct ongoing audits & assessments** to proactively identify and rectify any vulnerabilities or biases on your platform. Prepare Your Web3 Startup For The Future ------------------------------------------- Incorporating ethics in your web3 startup is not just about doing what's right. It's about ensuring long-term success. It’s about launching your venture in the right direction. By prioritizing ethical practices from the start, you build trust with your users, attract loyal customers, and create a sustainable foundation for growth. Our free 3-month [**web3 startup incubation program - 0xCamp**](https://foundershiphq.com/0xcamps) is designed to support and guide early-stage projects to shift their orbits. Join us on this transformative journey, where we provide expert coaching, capital opportunities, and a supportive community to help your startup thrive while staying true to ethical principles. Don't miss out—apply now for the 0xCamp program and embark on your path to Web3 success. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing 0xCamp Polygon Program Author: Unknown Published: 2023-05-26 Tags: 0xCamp, Polygon, Web3 project, Foundership, web3 startups, Traction URL: https://blog.foundershiphq.com/announcing-0xcamp-polygon-program-cli4dttfl140473tpf2gp8buzf/ There is a missing link in Web3 Ecosystem for anyone having an idea! -------------------------------------------------------------------- 👉👉Traction👈👈 As a Builder/ Developer or a Founder, We have built a project or an MVP ... .. How do we go from here to launch this project and build traction? Are we in the right direction of building traction? Are there enough users to gain traction? Can we acquire early users organically? How can communities help us for some traction? Will users pay us? ... .. For a project, there are several challenges like market validation, positioning, customer acquisition, community building, finding the right segment and more. _About 95% of projects fail at the pre-seed stage._ > **We saw this vividly! 👇** 👉460 global Web3 projects have applied to our programs in the last 9 to 10 months! 👉50+ Coaches worked with selected 74 startups in 3 cohorts to enable them to build in the right direction. 👉20 web3 Startups were further selected in 3 batches for our LaunchCamp - Acceleration program. 👉**45% of our accelerator startups are already pre-seed funded and already valued at ~$63mn in total.** It’s Early Days. We are proud of our Founders for their tenacity and clear value proposition to stay ahead in their startup. We are proud of our Coaches in CoachDAO. Building Traction is the ultimate way toward success! ----------------------------------------------------- Could we enable more web3 projects to build early traction? 🤔 Yes, with Ecosystem Partners. Like L1/L2 Blockchains. Protocols Platforms dApps and many more… **Enter Polygon. 💜** > As our First Partner to enable quality web3 projects to build early traction. > > Foundership announces a new program 👉 0xCamp Early Traction Program 👇 **Build on Polygon** ==================== _Foundership's 4-month exclusive Polygon program. Official. Worldwide._ Program Starts June 2023 Application Open Now Apply👉 [https://foundershiphq.com/0xcamp-details/0xcamp-polygon](https://foundershiphq.com/0xcamp-details/0xcamp-polygon) _**Build your project/MVP on Polygon to a high-value Web3 Startup to attract funding, users, community, partners and much more….**_ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-polygon-program-header-1685096182244-compressed.png) **Foundership's 4-month exclusive 0xCamp Polygon program** offers comprehensive support from Polygon functional teams and Foundership’s 0xCamp offering of Coaching + Community + Capital. _**With Polygon's extensive tech stacks**_ for Polygon ID, Polygon Avail, Polygon Nightfall, Polygon Edge, Polygon Supernets and Polygon zkEVM, you have everything available from _Polygon to build traction in the right direction._ _**The Polygon team will be around**_ to * Help for developer knowledgebase and best practices * Help access to DevRel * Host Masterclasses or share their Playbooks around * Building MVP * Marketing * Community building * Tokenomics * Leverage Polygon ecosystem ### How does this program work? 0xCamp Polygon Program is a chain-specific program. Build 'Traction' on Polygon. We partner with Polygon to offer a highly contextual and personalized program spread over four months where early projects receive guidance from participating Polygon functional team members and Foundership coaches from CoachDAO. With specific goals for the 4 months, each month has serval guided sessions by prolific Web3 Coaches to review & set the right direction for your Idea, Market, Customer, Competition, Marketing, Community, Technology, Product, Business Model & Tokenomics. You will be asked to set a Goal for every week that you want to achieve, and a few dedicated 1-1 Coaches will be in constant touch to ensure you make great progress! There are 4 sprints over the 4 months to strengthen MVP and build in the right direction. You will find more detail on [https://foundershiphq.com/0xcamp-details/0xcamp-polygon](https://foundershiphq.com/0xcamp-details/0xcamp-polygon) This is not an educational program. This is a DOERs program. We won't teach ABCD. Instead, coaches will be around you as per your context and goals to build traction. After 3 sprints, the program culminates in a Get Funded Day. Startups ready with an MVP, traction, and pitch deck will have access to the Get Funded Day to raise funds from FS Ventures, Polygon partners/VC network and other investors. In the 4th month, 0xCamp Founders travel to one of our Global Engagement Centers for 1 month to network, interact and build with local ecosystem partners. What are our Founders say about Foundership? -------------------------------------------- Foundership has been an amazing partner in our journey. We started with an idea on a page and foundership coaching and mentoring helped build and scale a business. I would always recommend Foundership for early-stage founders. _**Pritam Dutta - CoFounder - Zoth**_ **_[https://zoth.io/](https://zoth.io/)_** The connections we've gained through Foundershi's accelerator program have been a game-changer for our growth! Thanks to their unique model, we've experienced an incredible 5x surge in just 10 months. The value of the mentors and friendships we've forged along the way is simply priceless. _**Aju G Nair - CoFounder - LinkDOT**_ **_[https://linkdot.xyz/](https://linkdot.xyz/)_** The role of Foundership has been instrumental in providing us with guidance and leading us to the right opportunities. We're glad to find a team that is as supportive and follows a transparent approach as Foundership.  _**Raushan Sharma - CoFounder - TRIKL**_ **_[https://trikl.net/](https://trikl.net/)_** At Foundership, we have coaches and all the support to overcome challenges to achieve greatness right now.  _**Khalil**_ **_Sautchuk_** _**\- CoFounder - Kornerz**_ **_[https://kornerz.com/](https://kornerz.com/)_** Foundership Launchcamp has provided us with all the tools that an early-stage project needs to take to the next level, such as the right mentorship, networking, and reach. The Foundership team keeps adding value daily and pushing us in the right direction. **_Koshik Raj - CoFounder - ZenGuard [https://zenguard.xyz/](https://zenguard.xyz/)_** ### **Build on Polygon** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/primary-logo-2-1685096328893-compressed.png) ### _Foundership's 4-month exclusive Polygon program. Official. Worldwide._ Program Starts June 2023 Application Open Now Apply👉 [https://foundershiphq.com/0xcamp-details/0xcamp-polygon](https://foundershiphq.com/0xcamp-details/0xcamp-polygon) _**Build your project/MVP on Polygon to a high-value Web3 Startup to attract funding**__**, users, community, partners and much more….**_ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Tokenomics Beyond Cryptocurrencies: Exploring the Potential of Web3 Tokenomics Author: Unknown Published: 2023-05-17 Category: tokenomics Tags: tokenomics, web3 startups URL: https://blog.foundershiphq.com/tokenomics-beyond-crypto/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/tokenomics-beyond-cryptocurrencies-1684731500612-compressed.png) I know you are tired of hearing the same old cryptocurrency buzzwords. Let's face it, the novelty of "blockchain" and "Bitcoin" has worn off. And now for you as a web3 startup founder, it's time to go beyond the basics and embrace the next level of tokenomics. Enabling crypto payment in your product may have seemed like the obvious first step in incorporating web3 into your startup. But in this article, let’s dive into the deep end of the pool, and explore the exciting potential of web3 tokenomics. **What Is Tokenomics?** ----------------------- Whenever you visit a shop, you choose the required items, pay the money, get the items and the deal is done! But let’s say you visit a restaurant where they have a token system. You pay the money and get their tokens first. Now with a particular token, you can get a beverage, with another token you get your meal, etc. This opens up a unique scope for gamifying the transactions within the restaurant. When this is applied in the digital world and the token system is decentralized, it’s called tokenomics! Tokenomics is all about the study of how digital tokens work within a particular ecosystem. It involves designing and managing the supply, demand, and distribution of tokens to incentivize specific behaviours or actions from users. In simple terms, tokenomics is like gamifying a business with - ●     Rules ●     Rewards, and ●     Incentives …to encourage users to participate and contribute to its success. By understanding tokenomics, we can create more sustainable and engaging business models in the web3 space. **Types of Tokens and Their Uses** ---------------------------------- Not all tokens are the same. Different types of tokens serve different types of purposes. Let’s look at 4 types of tokens that can be integrated into your ecosystem. ### **1\. Utility Tokens** They are designed to provide access to a specific service or product within your web3 project. They do not need mining to come into existence like NFTs or cryptocurrency and can be pre-mined by you (web3 project leaders). They are like VIP passes in the web3 world. Users owning them can avail or utilize features that are restricted for general users otherwise. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-are-utility-tokens-in-web3-1684732205214-compressed.png) **Example of a Utility Token** [**Filecoin**](https://filecoin.io/), a decentralized storage network uses a utility token called FIL to incentivize users to provide storage space and bandwidth. Storage providers can also earn FIL by proving that they are storing files correctly and providing reliable service to the network. This creates a system of incentives that encourages users to participate in the network. ### **2\. Security Tokens** They are used to represent ownership in an asset, such as real estate, stocks, bonds, etc. and provide investors with ownership rights. Security tokens tokenize traditionally illiquid assets, making them easier to buy and sell on the blockchain. They can also be used to provide investment opportunities in companies, allowing investors to own equity in the company and receive dividends or voting rights. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-are-security-tokens-in-web3-1684733935419-compressed.png) **Example of a Security Token** An alternative asset investment platform like [**Zoth**](https://zoth.io/) uses security tokens to enable fractional ownership of properties. By purchasing security tokens, investors can gain fractional ownership in a real estate asset and receive dividends based on the property's performance. ### **3\. Governance Tokens** This type of token is used to enable voting and decision-making within a decentralized community or organization. They are a powerful tool for enabling decentralized decision-making and ensuring that blockchain networks are managed in a democratic and transparent way. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-are-governance-tokens-in-web3-1684736613457-compressed.png) **Example of a Governance Token** [**MakerDAO**](https://makerdao.com/) (MKR) is a decentralized autonomous organization (DAO) that uses a governance token to enable its community members to vote on key decisions related to the operation of the network, such as changes to the protocol or the allocation of funds from the network's treasury. MKR holders can use their tokens to participate in governance decisions and are rewarded for their participation with additional MKR tokens. This incentivizes community members to participate in the governance process and ensures that the network is managed in a decentralized and transparent manner. ### **4\. Non-Fungible Tokens (NFTs)** While a few tokens (like cryptocurrencies) are interchangeable between users, NFTs are unique digital assets that are stored on a blockchain network. Each token is one-of-a-kind and cannot be replicated or exchanged for another asset on a one-to-one basis. NFTs can also be used for a variety of other purposes, such as verifying the authenticity of physical assets, providing ownership of digital assets, etc. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-are-nfts-in-web3-1684742043041-compressed.png) **Example of NFTs** [**CryptoKitties**](https://www.cryptokitties.co/) is a popular web3 game that allows users to buy, sell, and breed digital cats using NFTs. Each CryptoKitty NFT is unique and has its own set of attributes, such as fur colour, eye shape or the ownership of a digital cat itself. **The Potential of Web3 Tokenomics** ------------------------------------ Tokenomics opens up a tremendous possibility for web3 startups to create engaging & sustainable business models. Not one, but endless possibilities! It's time to explore and experiment with these 4 exciting models. ### **1\. Incentivizing User Engagement** Tokenomics can be used to incentivize users to engage with the network through rewards, staking, or other gamification mechanisms. You can create a more engaged and active user base by providing users with a tangible benefit for contributing to the network. **How Exactly?** 1. Offer tokens as rewards for performing specific actions by users 2. Create a referral program to incentivize users to make others join your network 3. Allow users to stake tokens to gain access to additional features or benefits You can create scarcity of these tokens by limiting their supply. ### **2\. Governance** Tokenomics can enable decentralized governance models where token holders have a say in the network's decision-making processes. By giving users a voice and a stake in the network's success, you can create a more democratic and transparent ecosystem. **How Exactly?** Start by defining the governance structure. Establish decision-making process, voting rights and roles of stakeholders. 1. Design & create a unique token representing voting rights needed for decision-making. 2. Finally, release the tokens and ensure their fair distribution. ### **3\. Reputation Systems** Tokenomics can also be used to create reputation systems where users can earn reputation points based on their contributions to the network. By creating a reputation-based system, you can incentivize users to contribute high-quality work and discourage bad actors from participating in the network. **How Exactly?** Determine the metrics and factors that will be used to measure user reputation in your ecosystem 1. Create a token that represents user reputation and can be earned or lost based on their behaviour and contributions 2. Implement the reputation system into your dApp, ensuring it is fair and transparent, and incentivizes positive behaviour ### **4\. Impact Investing** Finally, tokenomics can be used to enable impact investing in web3 startups. By creating tokens that represent real-world assets or social impact projects, you can create a new form of investment that aligns with investors' values and incentivizes social and environmental impact. **How Exactly?** 1. Determine the social or environmental impact goals that the application wants to achieve and how they will be measured 2. Create a unique token that represents the impact investment and is linked to achieving the impact goals 3. Release the token and monitor the progress towards achieving the impact goals, ensuring transparency and accountability **Challenges and Risks of Tokenomics** -------------------------------------- Implementing tokenomics in your web3 ecosystem can come with its own set of hurdles and uncertainties. Here are a few risks & challenges that you should be aware of - ●     Fair token distribution is challenging due to factors like early adopter advantage, network effects, and mining power centralization. ●     Token price volatility can impact ecosystem value and investor confidence, hampering user and investor acquisition. ●     Regulatory uncertainty and legal risks can hinder the growth of startups by creating instability in the tokenomics landscape. ●     Token holder concentration can cause centralization and oligarchy, going against the decentralized nature of web3 ecosystems. **Tokenomics Best Practices** ----------------------------- Despite the above-mentioned challenges involved, implementing tokenomics in the right way can take your web3 startup to a whole new level. Here are the best practices to help you create a fair, transparent, and sustainable ecosystem - ●     **Clear tokenomics design**: Define the purpose of the token, how it will be used, and how it will be distributed. ●     **Fair distribution**: Distribute tokens in a fair and transparent manner to avoid centralization and maximize participation. ●     **Scalability and flexibility**: Design the tokenomics model with scalability and flexibility in mind to adapt to changing market conditions and ecosystem needs. ●     **Ongoing management and monitoring**: Continuously monitor the tokenomics model to identify any issues and make necessary adjustments, while maintaining transparency and accountability to stakeholders. **Shift The Orbit For Your Web3 Startup** ----------------------------------------- Tokenomics can be tricky, but if done right, it can take your dApp or marketplace to the next level. By following the best practices mentioned above, you can create a thriving ecosystem that benefits both your users and your business. However, if you're still feeling lost, consider joining our free 3-month web3 incubation program [**0xCamp**](https://foundershiphq.com/0xcamps). Our team of leaders and experienced coaches will help you head in the right direction and provide you with - the coaching, capital & community that you’ll need to succeed. Don't let scepticism hold you back - [**join 0xCamp today**](https://foundershiphq.com/0xcamps) and shift orbit for your web3 startup! --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Meet our Portfolio LaunchCamp#3 Web3 Startups from India & Vietnam Author: Unknown Published: 2023-05-07 Category: community building Tags: Accelerator, web3 URL: https://blog.foundershiphq.com/meet-our-portfolio-launchcamp3-web3-startups-from-india-and-vietnam-clhdivyx81162893tu3f6z2z689/ ![Foundership LaunchCamp#3 Portfolio](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/fs-coachdao-may2023-allhands-1683471504449-compressed.png) 0xCamp#3 received an overwhelming 100+ applications across NFT, Gaming, DeFi, Infra & Tools across many cities in India, France, Australia & Canada, Vietnam, Japan etc 0xCamp#3 concluded and we kickstarted LaunchCamp#3 in March 2023 Our Portfolio ---------------- The top 6 selected Startups are now in LaunchCamp#3 for the ongoing company building that can grow and scale. Here is a sneak peek of the startups in our portfolio. ​[Bion](https://bionapp.com/) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/bion-blackwhitelogo-1683472358826-compressed.jpeg) Bion is the first web3 shopping app with instant cryptoback and Buy Now Pay Later (BNPL). Shoppers can shop with their favorite e-commerce platforms​ [Circle of Games](https://circleofgames.com/) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/coglogo-1683472640262-compressed.png) ​ Circle of Games is all set to stand out and create a whole new impact on the gaming industry. Owned by Players, Driven by Community ​[GearFi](https://www.gearfi.in/) ![GearFI](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/gearfi-1683472773930-compressed.png) ​ GearFi is a marketplace where users can buy NFTs without having to pay the upfront price. Just pay a fraction now and the rest of the amount later. ​[Strive Network](https://www.strive.social/) ![Strive Network](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/strivenetwork-1683472907904-compressed.jpeg) ​Strive network is a utility protocol layer for NFTs. Utility NFTs are going mainstream, but the utilities remain unused. Only 20% of project holders use the utility, remaining holders only speculate as an investment. We are solving the problem of flexible and customizable NFT ownership. Using Strive, you don't need to buy the NFT to access a project's utility. Strive's SDK allows projects to let their holders tokenize and sell/rent out the utility of their NFTs to the larger community of the project and non-holders. This allows projects to get more users for their utility while allowing the holders to earn passive income from selling or renting the utility out to non-holders. ​[Wixdom Planet](https://wixdomplanet.io/) ![Wixdom Planet](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/wixdomplanet-1-1683473108757-compressed.png) WixdomPlanet is an AI-powered, reward-based platform that enables everyone to enter, engage with, and earn a share of crypto through gamified missions, including quizzes, sharing, and feedback to earn. ​[Woolly Farms](https://woolly.io/)​ ![WoollyFarms](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/woollyfarms-1683473202492-compressed.png) ​Woolly Farms make good food affordable to every urban household. We construct controlled environment farms within and around cities with the participation of people. People participate in farm construction through tokens. New Earth Tokens ( NeAT) transform idle assets into productive assets and bring them on the chain. \------------------------------------------------------------------------------ **Ideating a Web3 Startup or already have a side-project or are you ready with some traction?** Foundership is where top talent comes to accelerate their Web3 ideas, surrounded by a world-class community of Coaches, Founders and Investors!  Find all programs we host! 👇 **Our Programs** ---------------- ### 1. **[0xCamp](https://foundershiphq.com/0xcamps)** A 4-month program to build your side-project or MVP to a high-value Web3 Startup to attract funding. Build on Polygon Build on 5ire Chain Build on Multichain Each startup gets 2-4 coaches & masterclasses to execute their startup goals. Foundership provides Coaching, Capital & Community, Capital & Community. This program is applicable to startups that have not raised funding previously. **At the end of 3 months, Founders can choose to travel to one of the engagement centers across SFO, Dubai, Bangalore, and Singapore to network and work with our partners and ecosystem in those locations.** Apply for upcoming 0xcamp  programs: [https://foundershiphq.com/0xcamps](https://foundershiphq.com/0xcamps) ### 2. **[LaunchCamp](https://foundershiphq.com/launchcamp)** A 3-month virtual acceleration program to grow your Startup with funding, coaches and partners. Each startup gets 2-4 coaches & masterclasses to execute their startup goals. Foundership provides Coaching, Capital & Community. This program is applicable to startups that have raised funding previously. 45% of our portfolio startups are now funded! What are you waiting for? If you are building in Web3, talk to us, we would love to enable you to succeed well. Learn more about LaunhCamp: [https://foundershiphq.com/launchcamp](https://foundershiphq.com/launchcamp) Check out our previous cohort companies ​[LaunchCamp#1](https://blog.foundershiphq.com/launchcamp1-portfolio/)​ ​[LaunchCamp#2](https://blog.foundershiphq.com/launchcamp2-portfolio/)​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Build a Thriving Community For Your Web3 Startup: 7 Proven Strategies Author: Unknown Published: 2023-02-13 Category: community building Tags: community building, web3 startups URL: https://blog.foundershiphq.com/strategies-to-build-your-community/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/7-proven-strategies-to-build-a-thriving-community-for-your-web3-startup-1676262653257-compressed.jpg) In [**web3**](https://blog.foundershiphq.com/what-is-web3/), the community IS a part of your startup! Here, the community is not merely a Discord or a Telegram group where you keep the participants engaged and softly promote your brand. It's a part of your project. They could be your users at the MVP stage or the token holders that will eventually take your mission ahead. Ready to build your tribe & get ahead of the game? These **7 proven strategies** will turn your community from a ghost town to a bustling metropolis. **1\. Promote A Mission** ------------------------- Let’s accept it. No one will be a part of your community because they simply like your solution. People like to get associated with something that has a higher purpose. Something that’s bigger than a founder or their startup. People will join you on a mission. Thus, as you encourage people to join your community - it’s always essential to promote your mission more than anything else. ![Free photo team of business people stacking hands](https://img.freepik.com/free-photo/team-business-people-stacking-hands_53876-20873.jpg?t=st=1676886032~exp=1676886632~hmac=91f8b97a1ca88709489c0fd3eae2392729d65e62ebd60a088a774d40b1452577) **Here’s What You Can Do -** * Find a bigger purpose that you, your industry and your customers would like to dedicate their lives for. * Communicate a mission in your marketing campaigns that’s relevant to what you’re doing, but is beyond your product/service. * Stand for your people whenever needed. **2\. Network & Collaborate** ----------------------------- Collaboration is a key to success in the web3 ecosystem. We all know how small the web3 world still is. Join hands with other players! Reaching out to other communities, attracting members, and boosting impact through joint events, campaigns, and collaboration will significantly boost your community's growth. ![Image](https://pbs.twimg.com/media/FoRDnrOaMAQyJxy?format=jpg&name=4096x4096) **Here’s What You Can Do -** * Seek out & partner up with other communities or initiatives whose goals complement yours. * Host events such as online meetups, workshops, and webinars that will increase your exposure. * Collaborate on content creation, marketing campaigns, and other initiatives to reach a wider audience. **3\. Host IRL Events** ----------------------- In the web3 startup world, it's easy to get caught up in the virtual realm of Zoom calls, Discord groups, and Telegram chats. But there's no denying the unique impact that in-person interactions and IRL events have on building relationships and growing your community. At such events, we have the opportunity to shake hands, make eye contact, and have meaningful conversations with the serious folks from the web3 ecosystem. ![Image](https://pbs.twimg.com/media/FnAn8W-aMAUbBkW?format=jpg&name=large) **Here’s What You Can Do -** * Host your own (and participate in other) networking events and invite attendees to join your community. Incentivize them (eg. POAP) to do that. * Conduct meetups across major cities where your current community exists. * Host (or sponsor) educational or expo events in association with other companies whose target audience overlays with yours. **4\. Create Valuable Content** ------------------------------- Content creation is the ultimate tool for attracting new members, building relationships, and establishing your community as a thought leader. With compelling content, you'll attract new members, build relationships, and establish your community as a thought leader in the web3 ecosystem. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/fundraising-for-web3-startups-1676886350212-compressed.png) **Here’s What You Can Do -** * Write blog posts and create videos to educate your audience. * Start your own podcast to create thought leadership content. * Tell your story, and connect with your audience through social media. **5\. Engage With Your Existing Community** ------------------------------------------- Engaging with your existing tribe is crucial not just to avoid them fleeing away, but also for future growth. By fostering relationships and gathering feedback, you build a strong foundation of support and create a ripple effect that attracts new members and drives the community forward. ### **Here’s What You Can Do -** * Interact with your community on a regular basis. * Run community initiatives that are based on a shared vision (and not merely around your product). * Incentivize your members for their loyalty. **6\. Reach New People On Social Media** ---------------------------------------- By running campaigns that allow people to participate, learn and share the word, you expand your horizon. Such campaigns help you reach a wider audience, engage with your followers, and create a buzz around your community. (viral campaigning!) By leveraging social media, you can get more people interested in your mission and build a strong online presence in the web3 ecosystem. ### **Here’s What You Can Do -** * Engage with your followers on social media, be it by replying to their comments, DMs / messages, etc. * Run contests or promotions to incentivize your followers for engaging with your community and spreading the word * Promote thoughts, ideas, stories, and a bigger vision through your content instead of just tips & tricks. **7\. Reach Out To Influencers** -------------------------------- Partnering with thought leaders and influencers that are relevant to your community can help you tap into their networks and reach a wider audience. Collaborating with influencers can bring fresh ideas and resources to your community. It will surely drive innovation. In the fast-paced web3 ecosystem, influencer marketing can help you stand out and keep your community growing. ### **Here’s What You Can Do -** * Find influencers who align with your community's goals, values, and target audience. * Partner up with experts for content creation such as blog posts, videos, and podcasts that showcase your community's expertise. * Reach out to influencers to give you a shout-out when you need to announce something that’s of mutual interest (and return the favour). **Join The Community of Web3 Founders & Doers** ----------------------------------------------- In conclusion, building a community is a critical part of your web3 startup's success. By implementing these 7 proven strategies, you can grow your tribe, drive engagement, and build a loyal following in the web3 ecosystem. All things said and done, the key is to reach more people, engage with them on a deeper level, and provide value. And if you're looking for a supportive community of web3 founders, doers, and believers that will help you shift your orbit, then look no further than joining [**the Foundership community**](http://t.me/foundership) on Telegram. See you there! _Have any questions regarding - building a web3 community or entrepreneurship in general? Shoot us an email at **we@foundershiphq.com**._ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Foundership's 2022 - Awesome Web3 Year! Author: Unknown Published: 2023-01-12 Tags: Update, Incubation, Accelerator, Foundership, founder, web3 startups URL: https://blog.foundershiphq.com/founderships-2022-awesome-web3-year-clct3rfcq662621lmhuqb3qr7z/ 2022 was our formal Year 1 in Web3 Journey to Kickstart decades ahead! [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-2022-1-1673531410928-compressed.png)](https://foundershiphq.com/) The Web3 Decade ahead --------------------- Though our Founders & Team have had a play in this space since 2016, we, as Foundership, created a journey focussing on "Web3" only in 2022. Fresh Start. Fresh Movement. Fresh New-World-Model. Let me share more about our ' New-World-Model' detail. But here are the quick numbers to share ### 2022 in Numbers **1:** 1st Year **2:** 2 LaunchCamp Batches - 14 Startups in total joined our 6-month Acceleration program. Batch progress is ON. 2 of them raised/closing funds from 1st batch **3:** 3 0xCamp - Our 3-week Incubation program **4:** We hosted 4 Founders Day, 3 for 0xCamp Founders’, and 1 for Founders’ Day ETH India Edition **5:** We hosted 5 'Find Web3 CoFounder Mixers' **8:** Our team strength grew to 8 by the end of 2022 **14:** 14 Web3 Startups joined LaunchCamp - 6-month Acceleration Program **17:** We hosted 17 Events - Live Show Web3 Tools **52:** 52 Coaches in CoachDAO by the end of 2022 **60:** 60 0xBreakfast meetups - In 14+ Cities (0xBreakfast is renamed as Blockmeet) **410:** 410 global startups applied to our 0xCamp - 3-week Incubation program **2023:** That's the current year :) **3000+:** We have 3000+ attendees registered in all our events. 5000+ Community members across Discord, Telegram, Twitter, LinkedIn and more > _The Web3 community loved Foundership's virtual & IRL initiatives plus programs!_ Fresh New-World-Model for Web3 Acceleration ------------------------------------------- It takes a village to grow a child and it's a community of coaches, friends, and well-wishers to help a startup become successful. > Hence, we have developed a model where there is wealth distributed to the coaches by Foundership from the equity/token we receive from startups/projects that join Foundership’s 0xCamp Incubation Program & LaunchCamp Acceleration program. _Foundership’s CoachDAO Philosophy: We coach Startups to succeed and co-create wealth in the process._ You will find more detail about equitable wealth creation with coaches and the community at [https://docs.foundershiphq.com/our-model/coach-dao](https://docs.foundershiphq.com/our-model/coach-dao) ### **2022 in Months** Jan 2022 Web3 Cohort Kickstarted We had amazing Web3 Founders & Leaders as Coaches for 30-day Masterclasses. Arul Prakash - COO - PolyTrade (Now a Founder) Lavin Mirchandani - CEO - GetEvangelized George Siosi Samuels - CEO - Hona AI Sumit Ghosh - CEO - Chingari Vijay Khubchandani - CEO -7. FishBowl Arjun Kalsy - Vice President - Polygon (Now Head of Ecosystem - Mantle Network) \+ Polygon NFT Team from China Arjun Reddy - CTO & Co-Founder - GuardianLink Saurabh Shankar - Founder - Advisor to DAOs and Web3 Startups Allwin Agnel - Founder - PaGaLGuY Swaminathan Jayaraman - Product - OnJuno Greg DSouza - Managing Partner - bl0xchain Tarusha Mittal - Founder - Unifarm Many from the incredible Web3 Founders & Leaders as Coaches and many incredible Founders & Leaders as a participant shared: Let Founder Raise money to focus on Web3 and we will fund you. That is it! > This Web3 Cohort changed our destiny! [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/figvhnsuuaqlyf-2-1-1673529148561-compressed.jpeg)](https://foundershiphq.com/) ### Feb 2022 We stopped everything we did in 2021 to focus only on ONE thing: Web3. As a result, much of Feb 2022 went into planning the overall 2022. * Program Model * New Website Copy * Business Model * Pitch a few Founders to gauge interest ### March 2022 We initiated Foundership registration in Singapore. We attended the ETH Dubai conference! We got super connectivity across the world for Platforms and Protocols partnerships. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/img2887-1673529221010-compressed.jpg) ### April 2022 We hosted the first-ever Foundership meetup in Dubai. Thanks to Polygon for sponsoring this high-quality curated audience. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-eth-dubai-meetup-2022-1673529507081-compressed.jpg) ### May 2022 We announced 0xBreakfast. 0xBreakfast, where web3 doers & believers can meet each other in a totally informal setting - **every first Thursday of the month from 8 am to 10 am.** The first one was hosted in Bengaluru [https://blog.foundershiphq.com/0xbreakfast-cl3j0p6xl190591kpbibjhe9yr/](https://blog.foundershiphq.com/0xbreakfast-cl3j0p6xl190591kpbibjhe9yr/) [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xbreakfast-0xcamp-community-partnership-collage-1-1673529541412-compressed.jpg)](https://lu.ma/foundership) ### June 2022 We launched CoachDAO. Web3 Founders will succeed when incredible Coaches come together to support their journey. _Foundership’s CoachDAO Philosophy: We coach Startups to succeed and co-create wealth in the process._ [https://blog.foundershiphq.com/foundership-coachdao-cl3v2p7tp954471kpbqpfv9k8q/](https://blog.foundershiphq.com/foundership-coachdao-cl3v2p7tp954471kpbqpfv9k8q/) We announced and hosted the first 0xCamp - IRL format in Bangalore on the 25th and 26th of June. [https://blog.foundershiphq.com/announcing-0xcamps-for-launchcamp-cl3yaoki221341oob6no4s2ok/](https://blog.foundershiphq.com/announcing-0xcamps-for-launchcamp-cl3yaoki221341oob6no4s2ok/) ### July 2022 Started [Live Show Web3 Tools](https://lu.ma/lsw3t). With LSWT (Live Show Web3 Tools), we help Builders present their Tools to the Foundership Community of Users, Believers, Supporters and Founders. [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2022-12-22-at-6-1673529589432-compressed.png)](https://lu.ma/lsw3t) ### August 2022 **174 Startups joined 0xCamp#2** * 25 Startups building Web3 Startups with 1-1 Coach support + access to Masterclass by Coaches​ * Remaining Startups in a very early stage got access to Masterclass by Coaches​ * Founders from **Australia, Paris, Dubai, and many cities across India** are in 0xCamp#2 We announced our first LaunchCamp Cohort - Top 7 Startups [](https://blog.foundershiphq.com/launchcamp1-portfolio)[https://blog.foundershiphq.com/launchcamp1-portfolio](https://blog.foundershiphq.com/launchcamp1-portfolio) [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2023-01-02-at-10-1673529691917-compressed.png)](https://foundershiphq.com/0xcamps) We signed MOU with BITS Pilani-Conquest 2022 SIGNED. We get access to TOP Web3 Startups and can invite them to the next LaunchCamp. We are also their Web3 Knowledge & Incubation Partner We received 1st Polygon Grant! We Expanded 0xBreakfast to 12 cities ### September 2022 Santosh attended Token2049 Conf in Singapore Bimlesh and Pranav attended Smartcon by Chainlink in NYC We hosted a side-event with Filecoin: Building & Scaling in Web3. Singapore, Marina Bay Sands ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/3073288871015851944361716732592426196316373n-1-1673529820365-compressed.jpg) We celebrated ETH Merge 😀 We signed MOU with **BITS Pilani-Conquest** as their Web3 Knowledge & Incubation partner. We launched a new Website with a super experience. Bhanu led from the front to build this new website. [https://twitter.com/santoshpanda/status/1570748375615836161](https://twitter.com/santoshpanda/status/1570748375615836161) ### October 2022 We hosted Founders Day in Mumbai for 0xCamp2 Santosh joined the Web3 initiative by Headstart HSX 2022 We were invited to the Launch of the NASSCOM Web3 Report + India’s Web 3 Potential [](https://sched.co/1CVrR)[https://sched.co/1CVrR](https://sched.co/1CVrR) Bengaluru ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/ffayezzucam1ie6-1-1673529869716-compressed.jpeg) ### November 2022 We hosted Founders Day in Bangalore for 0xCamp 2, attracting over 85 participants, of which 60 were founders. We Welcomed Pranav to Foundership. Pranav (Head of Capital) is based out of Dubai. ### December 2022 We announced our second LaunchCamp Cohort - Top 7 Startups [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-launchcamp-2-1673529907488-compressed.png)](https://foundershiphq.com/0xcamps) We hosted Foundership Founders’ Day ETH India Edition in Bengaluru. This was the best community event during ETH India 2022 - Web3 Communities shared feedback. Sandeep Nailwal (Polygon), Aniket Jindal (Biconomy), Rohit Jain (CoinDCX Ventures) and Shivam Kumar (Sequoia India) and more incredible folks joined our panels. Thanks to our amazing partners Transak + QuickSwap and Founders Yeshu and Sameep, respectively. [https://blog.foundershiphq.com/founders-day-eth-india-2022-where-the-web3-world-met-each-other-clbar5ob21187301ml52w8a51yr/](https://blog.foundershiphq.com/founders-day-eth-india-2022-where-the-web3-world-met-each-other-clbar5ob21187301ml52w8a51yr/) [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/fjdaxdivsaapnhx-1-1673530005170-compressed.jpeg)](https://blog.foundershiphq.com/founders-day-eth-india-2022-where-the-web3-world-met-each-other-clbar5ob21187301ml52w8a51yr/) **2022 Giveaways** ------------------ To celebrate a great 2022 at Foundership, we are happy to offer these gifts on a first-come-first-serve basis. ### **Free Web3 Domain for you - Thanks to Unstoppable Domain** Check [](https://foundershiphq.com/grants)[https://foundershiphq.com/grants](https://foundershiphq.com/grants) to find detailed offerings from Unstoppable Domain 2023 Announcements **Announcing Blockmeet** Inviting you to join your Blockmeet city chapter. Let's Rock Web3 Mainstream with Community evangelism. 36 Cities worldwide on 21st Jan 2023: Web3 Community is hosting Blockmeet. Free Register: Choose your city [https://lu.ma/foundership](https://lu.ma/foundership) [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/blockmeet-worldwide-foundership-1673530115318-compressed.png)](https://lu.ma/foundership) ### **Announcing Pitchlogue** Foundership is also happy to launch its second program, “_GetFunded_” for more advanced-stage companies that may not need a structured acceleration program but want to be a part of our ecosystem to raise capital & access our community. Beginning this month, we’re proud to present _**Pitchlogue**_ of all our active deals to our network of investors like you! **To Register to receive our monthly Pitchlogue**, click here:  [https://tally.so/r/w2j50b](https://tally.so/r/w2j50b) [![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-pitchlogue-2023-1673531622864-compressed.jpeg)](https://tally.so/r/w2j50b) Best Wishes for 2023. Team Foundership🙏 --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Angel Investor vs VC - Whom Should Your Web3 Startup Pitch To? Author: Unknown Published: 2023-01-03 Tags: web3 investor pitch, startup funding URL: https://blog.foundershiphq.com/angels-vs-vcs-for-web3/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/angel-investor-vs-vc-whom-should-your-web3-startup-pitch-to-1672761263498-compressed.jpg) To take off OR to accelerate & scale - your [**web3**](https://blog.foundershiphq.com/what-is-web3/) startup will need to raise funds at some point in time. Two common sources (and no-brainers) where one generally heads to, are - 1. **Angel Investors**. 2. **Venture Capital (VC) Firms**. Both have their own pros & cons as per the scenarios. Are you confused about whom should you go behind & pitch for your web3 startup? Buckle up! Because we’re going to dive into just that. **What’s The Difference Between an Angel Investor and a VC Firm?** ------------------------------------------------------------------ ### **Angel Investor** An Angle Investor is an individual who provides capital to startups (because he/she has a high net worth & enough money to invest) in exchange for equity ownership. These investors typically invest smaller amounts of money than VC firms and are often more hands-on in their involvement with the startups they invest in. Angel investors may also be able to provide valuable mentorship and connections to help the startup grow. ### **Venture Capital (VC) Firm** A VC firm, on the other hand, is a professional investment firm that provides capital to startups in exchange for equity ownership. These firms typically invest larger amounts of money than Angel Investors and are usually more passive in their involvement with the startups they invest in. VC firms typically focus on startups that have the potential to achieve significant growth and returns on investment. **Web3 Startup Funding Scenario** --------------------------------- The funding landscape for web3 startups has likely evolved in the past couple of years and will continue to do so as the industry grows and develops. Blockchain-based products and decentralized applications (dApps) are still relatively new. But recent projects like Nike NFTs and Starbucks Odessey are slowly bringing its utility potential to the limelight. ![](https://tse1.mm.bing.net/th?id=OIP.4j3sh9hs0JvviMl9l03-jAHaDm&pid=Api&P=0) As a result, there is likely to be increasing interest in investing in web3 startups from a variety of sources, including Angel Investors and VC firms. But looking at the complex business structure in web3, not all investors have the required mental model to understand the dynamics. A lot of them are here out of curiosity or out of FOMO. Thus, many web3 startups are preferring to seek out multiple sources of funding and build a diverse investor base. So, which type of investor should you prefer for raising funds? The answer depends on your needs and goals. **Whom Should You Approach?** ----------------------------- ### **3 Advantages of Raising Funds From Angel Investors** **1\. Flexibility** Angel investors are generally said to be more flexible in their approach. They are willing to take on higher levels of risk than VC firms. This can be particularly attractive for web3 startups, which may be working on innovative and unproven technologies. **2\. Patience** Angel investors tend to be more patient and are willing to wait longer for a return on their investment. They are often in it for the long haul. VC firms on the other hand are often looking to cash out as soon as possible. Angels will give you better peace of mind when growing slowly but steadily. **3\. Mentorship** Angel Investors are mostly willing to provide mentorship to the founders. You as a web3 startup founder will have a much easier time getting your business started if you find an investor who has been in your shoes before. They will know exactly what to do and what to avoid, thus benefiting your startup. ### **3 Advantages of Raising Funds From VC Firms** **1\. Deeper Pockets** To put it straightforwardly, VC firms have deeper pockets. Thus, they are able to provide a large amount of funding to promising startups. If your goal is huge, VCs have it for you! But remember, this also comes with a lot of pressure of scaling up quickly. If that’s what you are looking for, you are good to go here. **2\. Better Resources** VCs have a network of industry connections and resources that can be helpful for startups looking to grow and expand. While Angel Investors can provide you with mentorship & contacts, VCs can introduce you to the network or syndicate that can take you to new heights. **3\. Passive Involvement** VCs don't actively manage the startups that they've invested in.  It's in their nature to have a portfolio of companies, focus on the big wins, and not sweat the small stuff. They have no role in the companies they fund beyond the initial investment and usually have little to do with the company's management. If you prefer it that way, it’s a huge advantage. **Your Call!** -------------- Ultimately, the decision of which type of investor to work with will depend on the specific needs and goals of your web3 startup. ![Free photo happy entrepreneur presenting to his colleagues new business strategy on a whiteboard during the meeting in the office](https://img.freepik.com/free-photo/happy-entrepreneur-presenting-his-colleagues-new-business-strategy-whiteboard-during-meeting-office_637285-6984.jpg?t=st=1672809434~exp=1672810034~hmac=f7ebcb112b64555561518fd956df66d5aa095428542bbb92f29648a58ea1b54a) Revising the above points, you should consider factors such as - * The amount of funding needed * The level of involvement desired from the investor * And the potential for growth and returns on investment …when deciding which type of investor to work with. ### **Nail Your Pitch** Whoever you approach, remember that investors sit through hundreds of pitches. In order to convince them, don’t fail to deliver a fantastic pitch. Here’s how you can [build an investor pitch deck](https://blog.foundershiphq.com/building-web3-investor-pitchdeck/) to take them on an emotional journey, back your claims with logic, and look like a promising business opportunity to invest in. _Building or want to build in web3? Apply for our FREE 3-week_ [**_web3 startup incubation program_**](https://foundershiphq.com/0xcamps) _& get calibrated for success._ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Meet our Portfolio LaunchCamp#2 Web3 Startups from India & Brazil Author: Unknown Published: 2022-12-21 Tags: Polygon, Accelerator, Ecosystem URL: https://blog.foundershiphq.com/launchcamp2-portfolio/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/meet-our-portfolio-launchcamp-2-1673526811027-compressed.png) 0xCamp#2 received an overwhelming 176 applications across NFT, Gaming, DeFi, Infra & Tools across many cities in India, France, Australia & Canada. Finally, 0xCamp#2 concluded and we kickstarted LaunchCamp#2! Our Portfolio ---------------- The top 7 selected Startups are now in LaunchCamp#2 for the ongoing company building that can grow and scale. Here is a sneak peek of the startups in our portfolio. ### 1. [Blitzcraft](https://www.blitzcrafthq.com/) ### ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/blitzcrafthq-1671642301717-compressed.png) BlitzCraft is a real-time NFT analytics tool that helps you search from millions of NFTs and analyze, visualize and track their metrics. ​[Daniel Mark](https://www.linkedin.com/in/thedanielmark) - **CoFounder, loves building complex apps that need to massive scale. His expertise primarily lies in building enterprise applications on the cloud and architecting SaaS applications. Some of his previous stints include MixSpace Cloud, Pattarai, and Stratforge.** ​[Fabian Ferno](https://www.linkedin.com/in/fabianferno) - CoFounder, has years of experience building enterprise software solutions, cross-platform apps & many decentralized applications. He has been in the Web3 space for a long time now & has won multiple hackathons previously. ### 2. [BlursDay](http://146.190.10.173:3000/) ### ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/blursday-1671642390454-compressed.png) **BlursDay** is a collaborative Storage Solution for Creators (Music, Movies, Documentaries). ​[Dhruva Vijayaraghavan](https://www.linkedin.com/in/dhruva-vijayaraghavan-423a961b4) - Founder, worked Design and Product at Khatabook and RoverX. He's building NFTs that help people earn. ​[Aditya Yash](https://www.linkedin.com/in/adityayash/) - CoFounder, is a passionate writer with experience in creating engaging content for brands across multiple platforms. ### 3. [Buk](https://buk.technology/) ### ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/buk-1671641137471-compressed.png) **Buk** is an NFT-based hotel inventory distribution infrastructure and secondary marketplace. ​[Arul Prakash](https://linkedin.com/in/arulprakash): Founder & CEO, previously COO Polytrade - blockchain-based DeFi platform, 15+ years in Product Development, Blockchain & Strategic Consulting. Ex- Accenture & Tata Digital. ​[Nikhil Kulkarni](https://linkedin.com/in/nkulkarni): CTO, 2x Founder in Travel & Hospitality industry. 15+ years in emerging technology consulting. Ex CoFounder Darwin Tech, KPMG. ### ### 4. [Kornerz](https://kornerz.com/) ### ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/kornerz-1671642014013-compressed.png) **Kornerz** helps people to have a healthier lifestyle through health and well-being, through their social network, with curated content creators. **[Khalil Sautchuk CEO & Founder:](https://www.linkedin.com/in/khaliljezini/)** Former professional wakeboard champion, with double Italian-Brazilian citizenship, has a degree in business administration from Universidade Paulista - UNIP, the Amazonian completed his MBA in executive management at IBMEC/MG, Junior Achievement/FUCAPI, empretec/Sebrae, financial management/Sebrae among other complementary courses. He is also Most Valuable Player - MVP - of the CCA Soccer Academy League in the United States - Texas, where he attended the 2nd year of high school. Athlete since the age of 10, the sport helped teach the boy to have focus, resilience, love, teamwork, leadership and deal with failure. **[Gabriel Faleri CTO & Co-founder:](https://www.linkedin.com/in/gabriel-faleri-9a7021b9/)** Gabriel Faleri, 27, is a CTO of Kornerz. He has a degree in Computer Science from the Minas Gerais Foundation for Education and Culture (FUMEC), has extensive experience in the technology segment, in which he has worked for more than a decade as a consultant in segments such as telecom, aviation, mining, industry, automotive and agricultural in multinational companies such as: the North American Accenture, the North American EcoprintQ Brazil and the French company Reply ​[**Belmond Viga CIO & Co-founder:**](https://www.linkedin.com/in/belmond-viga-a46b29137/)​ Researcher in human development and holistic therapist, Bellmond Viga graduated from Casa das Artes de Laranjeiras - CAL - in Performing Arts, and graduated in physical education from Universidade Paulista - UNIP and has a postgraduate degree in volleyball training and methodology. He is a yoga student, and since 2015 he has been focused on human sciences research. The therapist seeks ancient oriental knowledge with teachers and oriental masters, deve into these Indian experiences and traditions. ### 5. [Kromium](https://www.kromium.xyz/) ### ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/kromium-1671642231883-compressed.png) **Kromium** enables Influencer Marketing Agencies to go on-chain in order to enforce transparency and privacy in creator-agency-brand interactions. Shivam Agarwal - CoFounder, Ex-Founder - Deckster an influencer marketing agency, where they source and distribute content from our pool of 60k+ creators across 10+ countries [](https://www.linkedin.com/in/divyam-shah-a9507ab7/)[Shivam Agarwal](https://www.linkedin.com/in/shivam1504/) - A technologist with experience in AI, Data Engineering, Systems Design, and Blockchain. Ex-Levi Strauss, Launchpad.ai ### 6. **[Safient](https://safient.io/)** ### ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/safient-1671641193312-compressed.png) **Safient** - Enables a Secure and accessible way to digital information based on event-specific triggers without the interference of custodial institutions to recover and inherit digital assets. ​[Koshik Raj](https://www.linkedin.com/in/koshikraj) - Co-Founder, has majorly contributed & worked in the computer security field. Most of his recent works involve building trustless solutions to make flawed conventional systems better. Author of a Blockchain book ​[Rajiv Singhi](https://www.linkedin.com/in/rajiv-singhi/) - Co-Founder, has been a corporate professional for over three decades, and now has turned into a blockchain maximalist & web3 evangelist. ### 7. [TickEth](https://www.ticketh.io/) ### ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/ticketh-1671642368471-compressed.png) **TickEth** is a seamless NFT Ticketing platform redefining event experiences! Student Entrepreneurs making a change and impact to build a strong digital economy for the new age. [Varun Sathyanarayanan](https://www.linkedin.com/in/varun-sathyanarayanan-72887420a/) - CoFounder, is currently an undergraduate pursuing computer science at VIT Chennai, who is ambitious and looking to utilize every opportunity. [Yuvan Arvind](https://www.linkedin.com/in/yuvanarvind/) - CoFounder, is a 20-year-old budding Entrepreneur, Web3 Enthusiast, and Cyclist. [Sayeeshwar Kumar](https://www.linkedin.com/in/sayeeshwar-kumar-04053220a/) - CoFounder, is a student of B.Tech from SSN College of Engineering and an Antler India Fellow '21. ### **Our Programs** ### 1. **[0xCamp](https://streaklinks.com/BQV_oUk09Nn3_VksiQfZQaIU/https%3A%2F%2Ffoundershiphq.com%2F0xcamps?email=sanket%40foundershiphq.com)** 3-Week Virtual Incubation Program (Free Program) - Participating Startups get access to Masterclass (delivered by Partners & CoachDAO), and selected startups get a 1:1 Coach assigned to execute on a 3-week OKR. (goals) ### 2. **[LaunchCamp](https://streaklinks.com/BQV_oQcVVcAS78gS4wHDAGmZ/https%3A%2F%2Ffoundershiphq.com%2Flaunchcamp?email=sanket%40foundershiphq.com)** 6 mo - Acceleration program. This is an equity program. CoachDAO evaluates & selects startups from 0xCamp (refer to above). Each startup gets 2-4 coaches & masterclasses to execute their startup goals. Foundership provides Coaching, Capital & Community **Our Ecosystem In Action** --------------------------- ![Foundership Model in Action](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-web3-ecosystem-deck-1671709916376-compressed.png) **Now Opening 0xCamp#3 Applications 🔥🔥🔥🔥** ---------------------------------------------- _**0xCamp 3 - Powered By Polygon**_ Inviting Founders & Builders _in the Web3 idea stage or just started building_ to enable them in the right direction. ![https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-3-foundership-powered-by-polygon-1663057495519-compressed.jpg](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-3-foundership-powered-by-polygon-1663057495519-compressed.jpg) 0xCamp is a 3-week virtual program - Founders can be anywhere in the world! 👉 [Apply For 0xCamp#3](https://foundershiphq.com/0xcamps)​ Do you know a founder/your connections ideating a Web3 startup or in a very early-building stage? You're most welcome to share 👉 [the application link](https://tally.so/r/3lbNRk) with them [](https://tally.so/r/3lbNRk)and **get rewarded.** **Check out the [LaunchCamp#1 Portfolio](https://blog.foundershiphq.com/launchcamp1-portfolio/)** **Thanks!** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Founders' Day ETH India 2022 - Where the Web3 World met each other! Author: Unknown Published: 2022-12-05 Tags: Foundership, ETH India, Founders Day URL: https://blog.foundershiphq.com/founders-day-eth-india-2022-where-the-web3-world-met-each-other-clbar5ob21187301ml52w8a51yr/ Hosting Founders' Day at ETHIndia last week filled up our hearts & showed us we are on the right path - Team Foundership Some amazing Feedback !!! **Amazing event! -** [**@ArjunKalsy**](https://twitter.com/ArjunKalsy) **- BitDAO** It was an amazing experience - [@simplykashif](https://twitter.com/simplykashif) - Bitinning **And the award for the best event of the week goes to.....😊 Great job team Foundership 👍👍 -** [**@cmehta01**](https://twitter.com/cmehta01) **- Clip Financial** What a fantastic event yea😍🥳 - [@bernarddsa](https://twitter.com/bernarddsa) - RaindropsDAO .... .. 100s of such appreciation! 💜🙏 We are thrilled to hear overwhelming responses for quality conversation, incredible people and warm hospitality. When we announced, we expected 200 people to attend. After 700 Registrations, we had to stop accepting more We curated 296 attendees to join & entire Taj Vivanta was buzzing till 4 am in the morning on 2nd December. Esteemed Guests & Supporters [@sandeepnailwal](https://twitter.com/sandeepnailwal) - Co-Founder - Polygon, [@aniket\_jindal08](https://twitter.com/aniket_jindal08) - CoFounder - Biconomy, [@rrohit689](https://twitter.com/rrohit689) - MD - CoinDCX Ventures, [@KumShivam](https://twitter.com/KumShivam) - Associate - Sequoia India, [@sameepsi](https://twitter.com/sameepsi) Quickswap, [@YeshuAgarwal](https://twitter.com/YeshuAgarwal) Transak, [@Pritrules](https://twitter.com/Pritrules) - Zoth, [@cavysarma](https://twitter.com/cavysarma) - CRSquare & so many more!!! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/founders-day-sandeep-nailwal-polygon-aniket-jindal-1670243950768-compressed.jpeg) 250+ web3 participants attended Founders' Day & another 120+ OG stars joined us for the OG Private Networking Did you know we were just 6 team members to manage the entire show? Plus 2 volunteers. Yes, just 6 team members to manage a massive 370-400 folks in Taj Vivanta for this high-demand Founders' Day. We were super loaded and some of our volunteers had to restrict access to maintain safety at the venue. We love the appreciation from everyone & will cherish this for a long time. Thank you for trusting us to host you with the finest experience. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/thank-you-founders-day-eth-india-edition-2022-1670243970248-compressed.png) We will host **Founders' Day in Dubai for the ETH Dubai Edition in March 2023**. See you! 🚀 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/dubai-1670243994755-compressed.jpeg) Let's collaborate to enable the ecosystem to ship the finest products to get a billion people to Web3! Team [@FoundershipHQ](https://twitter.com/FoundershipHQ) [@bimleshgundurao](https://twitter.com/bimleshgundurao) [@SanketPanda10](https://twitter.com/SanketPanda10) [@finallrounder](https://twitter.com/finallrounder) [@shriyogwable](https://twitter.com/shriyogwable) + Pankaj + Amit + Super volunteers + Community supporters! Thank you! 🙏 --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Meet Our Portfolio LaunchCamp#1 from India, USA, and Canada Author: Unknown Published: 2022-11-10 Tags: Polygon, Accelerator, Ecosystem URL: https://blog.foundershiphq.com/launchcamp1-portfolio/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-launchcamp1-portfolio-1668081322933-compressed.jpg) The last 5 months have been buzzing at Foundership, we kicked off with our first 0xCamp - a free 3-week incubation program in June and have not looked back since. **Our Programs** ---------------- ### 1\. **[0xCamp](https://streaklinks.com/BQV_oUk09Nn3_VksiQfZQaIU/https%3A%2F%2Ffoundershiphq.com%2F0xcamps?email=sanket%40foundershiphq.com)** 3-Week Virtual Incubation Program (Free Program) - Participating Startups get access to Masterclass (delivered by Partners & CoachDAO), and selected startups get a 1:1 Coach assigned to execute on a 3-week OKR. (goals) ### 2\. **[LaunchCamp](https://streaklinks.com/BQV_oQcVVcAS78gS4wHDAGmZ/https%3A%2F%2Ffoundershiphq.com%2Flaunchcamp?email=sanket%40foundershiphq.com)** 6 mo - Acceleration program. This is an equity program. CoachDAO evaluates & selects startups from 0xCamp (refer to above). Each startup gets 2-4 coaches & masterclasses to execute their startup goals. Foundership provides Coaching, Capital & Community **Our Ecosystem In Action** --------------------------- ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-ecosystem-1668069436948-compressed.png) Our Portfolio The top 7 selected Startups are now in LaunchCamp#1 for the ongoing company building that can grow and scale. Here is a sneak peek of the startups in our portfolio. ### 1\. **[Phygitalize](https://www.linkedin.com/company/phygitalize/)** [](https://lh5.googleusercontent.com/KVOtVhz16rWemWcAFhL_ayvNy-9thwZicVtXWobkVfMzGPe3tIZx0BjCGL6Ctrzji09Xu0EttyCEig8-P1TmJYnckWJW-L9KftRwENQe2Ei69yT5OOiKdu8cVClTzQqVbwfN-lbr1_o8b0_qVDa4WTVv8Hdm89TZa3EW9AKNxtiHoN6NkMc4BeDO81xDMg) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/phygitalize-1668070307830-compressed.jpg) **Phygitalize** is creating a suite of products to simplify the web3 transition for artists. Our products will ease the artist's creation and monetization journey while positioning them in the best possible manner to make a living off their craft. As a result, we will put Artists at the forefront of the Metaverse revolution. [Shounak](https://www.linkedin.com/in/shounakshetty/): Founder & CEO, previously managed a crypto fun 618 capital with an AUM of $2M and prior to that was a lawyer. ### 2\. **[Trikl](https://www.linkedin.com/company/trikl-web3/)** [](https://lh6.googleusercontent.com/yokGitBX6aRfMn2T2n_b0MTB9giQ3iflVMegu10FVWqbB_h3Bhjh_09hgYUSXvlaEwMrGHDGp6O671jA4NRGdprCkJ1F1dYOvKQaDX4xJ6yfE5oxjgMUeLToJivYUhpy7tl7rizFV01H8jQepTAraDJRBunZqTIQ7kxz_UiRTlf2czPMT1lKTBakO3m8nQ) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/trikl-2-1668070401339-compressed.png) **TRIKL** is a mobile-first blogging platform that empowers content creators with data ownership and rewards readers whenever they engage with content. [Shalu](https://www.linkedin.com/in/shalupanwar/) - Co-Founder, previously was a consultant at Capgemini and prior to that was a student mentor at IIT Bombay. [Raushan](https://www.linkedin.com/in/raushansharma/) - Co-Founder, also runs a youtube channel Web3 with Roushan and previously was a blockchain advisor at Coin DCX. ### 3\. **[Unaaki](https://www.unaakiway.com/)** [](https://lh5.googleusercontent.com/9lJg-ojKhNzw5jK8lUbW-WF5IcQwUGWYoheXx8ExluJu_Rv6yNi2bgl9awc0Q1scY2dtkVTiQD0Z7XluS8OWkEdF_C2At5KbYQE8LFy-zTazsXiTZzWnJ3-oZvphZzLlCX3J6BkCW-bn3o9gcY-W9pA2w4OG2nI_eI5I2yD-wwoBZdw5ncZjSGNsl49CjQ) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/unaaki-2-1668070675177-compressed.png) **Unaakiway** is a new way of meditating and practicing self-care activities by taking care of a virtual companion called Unaaki in a relaxing and lush virtual environment. Play, pet, feed, and help Unaaki rebuild the lost village of Shambala. [Praveen](https://www.linkedin.com/in/praveen-anasurya-a3859170/) - Co-Founder, previously was a project manager at Digital Village and prior to that was a mentor of change at Atal Innovation Mission. ### 4\. **[Recorem](https://www.recorem.com/)** [](https://lh6.googleusercontent.com/Xmt6G3YwWAqqjQ1bYZ-NucfUqWiviNFG9KNCf7K1bgWWZerTSoUWdbAnPgC5DGQ6BgdUWzpHU1-DGKm__vbzmFMcgbEFUvzaRugDnTcBxQrs1NFy1hERsKFuTYMZh3Dle4D6HmGCHfX8F7JA8V-8zUwPrLgnYvApT3pCv4YIaiGt3Y57SRF13podaxEEcQ) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/recorem-1668070776761-compressed.jpg) **RECOREM** enables & curates Web3.0 Jobs at Events using Augmented Intelligence, helping recruiters leverage the massive talent pool of passive job seekers from the attendees. [Vikash Suresh](https://www.linkedin.com/in/vikashrecorem/) - Co-founder & CEO, previously worked as a senior partner at Redefined Corp. [Pratap Ramanathan](https://www.linkedin.com/in/prataprecorem/) - Co-Founder, previously was president at Redefined Corp. ### 5\. **[Aureal](https://aureal.one/)** [](https://lh6.googleusercontent.com/PZi5TFZw_gezHed4a9rwjDWeoipZDosP03uwJTM1tMgfESL9Ojn5z7MvDjH40p-zsisFyWQDi_5qVRQUK5SJrCkpwNdX4OUgkRJdq9ytkpbUn83Dg4jErRh_-mEw2cYbNPDKtSj7JiSI4ZM6Ycx5oXvhEtd6Tb6sno9eBgejzBs2DMFXirDwa6HTLHGYqw) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/aureal-2-1668070904113-compressed.png) **Aureal** is a decentralized podcast creators' economy that rewards members for their contributions and monetizes content without ads or sponsorships. Aureal is specifically designed for audio content creators whose contribution is valued. An Auditory haven for all things blissful where you get the value for your voice because Your Voice is Worth Something. [Shubham](https://www.linkedin.com/in/ushubham/) - Founder and CEO, previously was a product marketing manager at CryptX financial and prior to that was Vice President at AISEC India. ### 6\. **[Zoth](https://zoth.io/)** [](https://lh3.googleusercontent.com/FL0mWkguvjLOz7mXFcMKzleO_zewLpuCewvrukn1dSS8au2ycmgkyQFLc8IPb1JUtNByCjDPCj3xLsyWBubeOpJoq2ST5IdT2rchx_eJbILlvAE5I8Retzcgr5p0GaiOmY_hdHifBNIx7dwLbCyt8szMhzyA6-iTPpRCzkrWHmoi7Y-yv0Nmiv2beA_RNQ) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/zoth-2-1668071140509-compressed.png) **Zoth** democratizes access to investors providing diversity, ease of access, and immediate liquidity through tokenization powered by blockchain technology. [Pritam Dutta](https://www.linkedin.com/in/pritamdutta/): Founder & CEO, previously was a general partner at Eagle10 Ventures and prior to that Global Director of Digital Ventures & Innovation at Anheuser-Busch InBev. [Koushik Bhargav](https://www.linkedin.com/in/bhargav-muthe/): Co-Founder & CTO, previously worked in innovation for Anheuser-Busch InBev. ### 7\. **[Linkdot](https://www.linkedin.com/company/linkdot/)** [](https://lh4.googleusercontent.com/5shxfu9fgCBUXUaE54ONcTY9wJ5SVkuJS8kA9uHAV6kPZzJ6pCZ2lXDmouDbOGrbwclu2RhYMLTuYvBe5LeBYOtaqsha7RoT8PvdfD18QHB0tHS26RSo99eNDUVSSJYdLwWs0iccygzVK6XczRkD9CrEK6wI6-emmnOXSXB9AnRCyVj-QTRtD_fsKFz1Vg) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/linkdot-2-1668071204729-compressed.png) **linkDOT** is building a digital reputation profile for contributors that can be used by any community or organization. [Aju](https://www.linkedin.com/in/ajugnair/) - Co-Founder, previously handled corporate innovation at Smart City Living Labs & Centre for Innovation & Entrepreneurship and prior to that was a senior associate at T-Hub. [Aadarsh](https://www.linkedin.com/in/aadarsh-k-s-45732ab4/) - Co-Founder, previously founded Retro Inverse and prior to that was a marketing specialist at Salesbox AI. **Now Opening 0xCamp#3 Applications 🔥🔥🔥🔥** ---------------------------------------------- _**0xCamp 3 - Powered By Polygon**_ Inviting Founders & Builders _in the Web3 idea stage or just started building_ to enable them in the right direction. ![https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-3-foundership-powered-by-polygon-1663057495519-compressed.jpg](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-3-foundership-powered-by-polygon-1663057495519-compressed.jpg) 0xCamp is a 3-week virtual program - Founders can be anywhere in the world! 👉 [**Apply For 0xCamp#3**](https://tally.so/r/3lbNRk)​ Do you know a founder/your connections ideating a Web3 startup or in a very early-building stage? You're most welcome to share 👉 [the application link](https://tally.so/r/3lbNRk) with them [](https://tally.so/r/3lbNRk)and **get rewarded.** **Check out [LaunchCamp#2 Portfolio](https://blog.foundershiphq.com/launchcamp2-portfolio/)** **Thanks!** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## How To Build An Investor Pitch Deck For Your Web3 Startup Author: Unknown Published: 2022-10-29 Tags: pitch deck, web3 investor pitch URL: https://blog.foundershiphq.com/building-web3-investor-pitchdeck/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/how-to-build-an-investor-pitch-deck-for-your-web3-startup-1667061802507-compressed.jpg) Investors have sat through hundreds of pitches. Every other web3 entrepreneur they meet claims to have a ‘disruptive’ product. But you’ve worked really hard on your idea. You have a great vision for your startup and the people. And you get only a few minutes to prove your point. How will you convince them? How will you take them on an emotional journey, back your claims with logic, and look like a promising business opportunity to invest in? In such a case, having the right pitch deck can be more helpful than you think! **Why Is Your Pitch Deck Important?** ------------------------------------- Firstly, not all investors whom you will be pitching to are going to have a **[web3](https://blog.foundershiphq.com/what-is-web3/)** background. To give them a mental model about your product, plan, and how it will impact users, your pitch deck will play a huge role. Secondly, even if the investors are seasoned web3 players, they still need something to visually keep track of as you deliver your pitch. They have an extremely short attention span, so you need something to hook them. **Besides this, your pitch deck is essential for -** * **Keeping the investors engaged in the presentation.** * **Communicating your ideas visually (besides verbally) so they understand them better.** * **Showing your product in action.** * **Showing a glimpse of your brand by presenting the deck your way.** **12 Things To Include In Your Pitch Deck** ------------------------------------------- **Investors have really short attention spans. And when they watch or listen to pitches all day round, they naturally turn blind towards things that don’t matter to them.** **Here are essential things that’ll take you directly to the point and cover everything they need to know about the opportunity.** **You should never miss these in your investor pitch deck.** ### **1\. The What & The Why?** **In the very first slide, you need to clarify what is your startup about, and more than that, the ‘WHY’ of its existence.** **Everything begins with a purpose.** **Unless and until there is no strong reason behind your existence, you will be looked at as yet another entrepreneur who simply wants to make it big in the tech space.** **Having a personal ambition is great. But the world does not care about what you want. They care about what you can do for them.** **And investors want to hear this from you.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-about-us-slide-1668405274457-compressed.jpg) **Thus, Include -** * **What’s your product about?** * **Purpose of your company beyond business aspirations.** * **Your vision for the industry & your mission for the people. (I know it’s cliche but it’s necessary.)** ### **2\. How Painful Is The Pain?** **After your first slide, investors have an idea of what you do, why you exist, etc.** **But it was just an introduction. They are not clear enough about what exactly the pain is that you are trying to relieve.** **This is the time you put your finger on the problem that exists out there, and show how severe it is. A little bit of agitation will work.** **This will reassure them why your solution is important.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-problems-slide-1668405678191-compressed.jpg) **Thus, Include -** * **Proof (screenshots of reviews, statistics, interviews, etc.) of how bothersome the problem is.** * **How you identified it? (show that you’re unbiased)** * **Why not many companies are solving it effectively?** ### **3\. Your Unique Solution** **Now you have intensified the pain enough. Investors know, there is a need for a remedy.** **This is the time to step in with your solution.** **Showcase how your solution is exactly something that your target customers would need (or want).** **At this stage, investors may not be keen to know about the technicalities or features of your solution. But make sure to highlight things your customers will be able to accomplish using your product and how it will sustain in the market.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-solution-slide-1668405825706-compressed.jpg) **Thus, Include -** * **The story behind how you arrived at the solution.** * **A quick video demo showing your product in action.** * **Explaining its value proposition, and ability to scale & sustain in the long run.** ### **4\. How’ll You Make Money?** **Investors love to know this!** **Your solution is all right. But it will still not make sense to them if they don’t understand your business model.** **Also, your ticket size, pricing model, profitability, etc. will play a huge role in identifying how the product will survive in the market.** **This is one of the most important parts for an investor while listening to a pitch.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-business-model-slide-1668405875364-compressed.jpg) **Thus, Include -** * **Ways you are going to monetize your product/service (or even brand in general) & how much will it cost the end users.** * **How much will it cost to you for making the product ready, maintaining it, and of course acquiring the customers?** * **How much is the profit potential?** ### **5\. Why Now Is The Time?** **A lot of excellent solutions did not work simply because they were released at the wrong time.** **One thing investors will always be skeptical about, especially in the case of web3 startups is - is this the right time?** **Web3 still being a new terrain may not be a tried & tested domain for many investors out there.** **Thus, it's your responsibility to clearly explain why your decentralized solution needs to reach people RIGHT NOW.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-market-timing-slide-1668405905732-compressed.jpg) **Thus, Include -** * **How people are ready & capable enough to adapt to your solution? (current market trends)** * **How necessary support is already available in the market? (complementary tools)** * **Why pushing it now (and not later) will make a difference?** ### **6\. People & The Market** **Ok, investors know how severe the problem is & they are also impressed by your solution.** **But now they are interested in how big the opportunity really is. Are there enough people who care about the solution? Is the market size big enough to make decent returns?** **So now talk about where the solution is meant to go. People & the market!** **This is where investors will identify if the investment is really worth it.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-market-size-slide-1668405938939-compressed.jpg) **Thus, Include -** * **How big is the total market? (based on demand)** * **How much are you currently serving? (if you are already out)** * **How much can you serve realistically? (your maximum capacity)** ### **7\. Your Plan To Sell** **Understanding the market without knowing your marketing plan is of no use to the investors.** **The market looks big enough. Looks like a lot of money can be made.** **But how will you bring in new users? How will you establish your brand? How will you scale?** **You have to gain the investors’ trust in that.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-marketing-sllide-1668405974281-compressed.jpg) **Thus, Include -** * **How will you position yourself in the market?** * **Channels that you will use to reach your target audience.** * **How will you acquire customers at scale?** ### **8\. Building Your Tribe** **More than blockchain or some technology, web3 is all about communities!** **Marketing is necessary to position yourself & acquire new customers, but it is the community that will truly establish you as a brand in the web3 ecosystem.** **Thus, sharing about how you will build your tribe & how you’ll grow it becomes mandatory in a web3 investor pitch.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-community-building-slide-1668406019111-compressed.jpg) **Thus, Include -** * **How will you build your community & where will you host it?** * **How will you keep them engaged and eventually grow & expand it?** * **What other relevant communities you can partner up with?** ### **9\. Compete & Collaborate** **Investors will always cross-question you based on your competition.** **Comparison has always been a part of our life, be it during school time or in entrepreneurship. And ignoring it at this stage is not the wise thing to do.** **The best bet is to study the competitors to their core and find a way to not only differentiate ourselves from them but also leverage them by finding collaboration opportunities for our success.** **This is a must-have in your pitch deck.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-competition-slide-1668406061134-compressed.jpg) **Thus, Include -**  * **Who are your direct & indirect competitors?** * **What you are doing that they are not? (and how differently)** * **Your strategy to collaborate & leverage their existence instead of clashing with them.** ### **10\. Team - Your Human Possibility!** **Time to show some human side of your startup.** **At last, a company is as good as the people working in the company.** **Investors know the value of the right people and you have to make an attempt to explain why they aren’t betting on the wrong ones.** **A wise investor may not always put their money into the right idea, but always on the right people.** **Win their trust by showing how stronger folks you have assembled.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-our-team-slide-1668406112980-compressed.jpg) **Thus, Include -** * **Stories of talent & expertise possessed by your team.** * **Your combined experience.** * **How you are planning to scale up your team in the future.** ### **11\. The Finances** **By now, you have provided enough clarity about your product, company, team, and why your solution will work.** **You have triggered them emotionally and intellectually.** **But all things said & done, it all boils down to what you can give to your investors in return for their investment.** **This is the only reason why investors will be listening to your entire pitch patiently.** **For you, it’s a dream. For them, it's an investment opportunity.** **Clearly defining your financial strategy at this stage will accelerate their decision-making (which they would have already made in their mind).** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-our-finances-slide-1668406143158-compressed.jpg) **Thus, Include -** * **Your ask & offer.** * **How will you utilize the funding?** * **Your roadmap for financial growth. (Show your next 18 months' plan)** ### **12\. Frequently Asked Questions (FAQs)** **Investors may still have some unanswered questions lingering in their minds.** **So before they raise them, it’s best to answer them in the pitch deck itself.** **We’ve listed down the Top 3 most asked questions during a pitch.** ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-faqs-slide-1668406213352-compressed.jpg) **​****Top 3 FAQs To Include -** 1. **Where you will register the company?** 2. **Is it token or equity funding?** 3. **What’s the plan for the next round of funding?** **4 Best Pitch Deck Practices** ------------------------------- **Pitch deck is not a document in itself.** **It's a referral that you design to explain your point in a better way.** **Keeping its purpose in mind, here are some best practices to follow while building it.** ### **1\. Keep It Visual** **You are already going to verbally spit out words during the presentation. Then why are you making a pitch deck?** **It’s simple. To have a visual representation of what you are trying to say.** **Investors will remember what they SEE more than what they read or listen to.** **Thus, don’t put too much text in your pitch deck & literally make it a script of your pitch.** **Include images, graphs, charts, screenshots, videos, and even memes wherever necessary.** ### **2\. Tell Stories** **What sets apart successful entrepreneurs from unsuccessful ones is the ability to tell stories.** **Stating facts as facts are not engaging or interesting enough. Why not use stories to convey the message?** **How severe is the problem you are trying to solve? Tell a story.** **How effective is your product? Tell a story.** **How talented is your team? Tell a story.** **They will get the point quickly!** ### **3\. Show The Data** **Ok, we can convey our message effectively through stories. We might have already hit their emotional chords by now.** **But investors are highly logical people. They will not get convinced without the data.** **Be it the identified problem, market size, your current users, ambitious sales goals, scalability of the product, etc. data is the only thing that’ll make it believable.** **This data can be in the form of surveys, feedback, activity tracking, news reports, statistics, etc.** **Just make sure to present it in the right context instead of simply throwing out the numbers to impress.** ### **4\. Keep It Simple** **The reason why we are making a pitch deck is to simplify complex stuff.** **There are things that can’t be explained verbally. Thus, we are presenting them visually.** **So please make sure to keep the deck, the designs, your language & the flow simple enough that even an unrelated person will get the gist of it.** **DO NOT try to complicate things in the name of creativity or sounding intelligent.** **Confused investors will never give you their money.** **Choose clarity over creativity.** **_Note - Keep your pitch deck to a maximum of 15 or 20 slides. Anything lengthier than that will only make the investors lose their interest._** **Download the Editable Web3 Investor Pitch Deck Template for FREE** -------------------------------------------------------------------- ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-investor-pitch-deck-first-slide-1668406315724-compressed.jpg) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/download-web3-investor-pitchdeck-for-free-1668407018187-compressed.png) **Final Words** **The above things and practices are the foundations for building a persuasive pitch deck.** **But still, there is no perfect pitch deck present in the web3 world.** **What worked for some may not work for others.** **The best thing you can do is to keep refining your deck as you gain insights by meeting new investors every time.** **Keep knocking on the doors. You never know which one gets opened for you!** **And if you are building in web3 and need help with coaching, capital, or community, do consider applying for our next** [**0xCamp**](https://foundershiphq.com/0xcamps)**.** **It’s a context-based** **3-week IVL** **&** **1-day IRL** **incubation program** **meant for taking the web3 startups to the next orbit!** See you in the next post. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## September 2022 - The Superfast month at Foundership Author: Unknown Published: 2022-10-26 Tags: 0xCamp, Update, LaunchCamp, Foundership, web3, CoachDAO, Ecosystem, Partners URL: https://blog.foundershiphq.com/september-2022-the-superfast-month-at-foundership-cl9pcpnai454171jpqaoqg25r0/ September …**Go, Went, Gone …Superfast** month at Foundership! It is already going to be the end of October and only now we're sharing an update on September at Foundership. No wonder **September** was the **Superfast** month! **Expanding Footprints:** * Santosh joined Token2049 Conf in Singapore. * Bimlesh & Pranav joined Smartcon by Chainlink in NYC and we hosted our meetups in NYC & San Jose. * We hosted a side-event with Filecoin: Building & Scaling in Web3 in Singapore, Marina Bay Sands. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/img4516-1666773261610-compressed.jpg) ** Upgraded Brand Experience:** We launched a new Website: The new Foundership Brand Experience! Brand Tone. WAGMI 🚀  Aspirational 🙌  Bit Rebellious 🔥  Always Empathetic 💜💙💚💛  Feel at Home 🏡 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2022-10-26-at-2-1666773199960-compressed.jpg) Read more about the history of our Website:👇 [](https://twitter.com/santoshpanda/status/1570748375615836161)[https://twitter.com/santoshpanda/status/1570748375615836161](https://twitter.com/santoshpanda/status/1570748375615836161) **Onboarded more coaches:** * More prolific founders & Leaders joined as Coaches in CoachDAO. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/thank-you-coachdao-1666772011746-compressed.jpeg) **Started LaunchCamp Batch 1:** * 2 Coaches/Startup assigned * Each startup shared their OKR to achieve during the program * Coaches are getting huge appreciation from LaunchCamp Founders for their sincere support and guidance. * We were heads-down working with Founders in the first batch to speed them up in the right direction. **Completed 0xCamp#2:** * 174 total startups applied * 26 Startups had coaches assigned & accessed masterclasses * 148 startups received access to masterclasses only * Top cities - Bangalore, Mumbai, Hyderabad, Chennai **Partnership & Ecosystem:** * ****12 more VCs &** Angels** from APAC joined as **Funding partners** with soft commitment for Founders. * **BITS Pilani-Conquest** as their Web3 Knowledge & Incubation partner. * We supported upcoming L1 chain **Shardeum**, Decentralized computing **StackOS** meetups and partner events **TAD2022**. Thanks to our partners **Polygon** + **Router Protocol** + **Onmeta** + **Arcana**  and Coaches in **CoachDAO** Community partners **OGClub** + **eChai** Ventures + **Headstart** + **Superwomen DAO** + **Web3Learn** and 0xCamp + LaunchCamp **Founders** for their trust. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## How a16z and Foundership are leading with new Collaborative models for Web3 Accelerator? Author: Unknown Published: 2022-10-23 Tags: Incubation, Accelerator, web3, a16z, web3 startups URL: https://blog.foundershiphq.com/how-a16z-and-foundership-are-leading-with-new-collaborative-models-for-web3-accelerator-cl9lmk1mt04351klepi8eynch/ a16z announces web3 accelerator, chooses the collaborative way!!  **Pranav & Santosh** at Team Foundership **co-authored** to help you understand how new Collaborative models for Web3 Accelerator work!  Collaboration is key to web3, but startup teams often find themselves without support.  ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/a16z-and-foundership-collaborative-models-for-web3-accelerator-1666547990162-compressed.png) Earlier last week, a16z announced an expansion to its Crypto Startup School to include an accelerator program. In its previous avatar, the Crypto Startup School, which had its inaugural cohort in 2020, selected startups went through a non-funded “educational” program that equipped them with the tools, knowledge & experience of the various leaders that a16z brought on stage.  For the last 6 months, the team at **Foundership** has been building away, block by block, to define a collaborative accelerator model that can help grow the web3 startup ecosystem to achieve success. Now, a16z has chosen a model that is almost identical to the 3 pronged approaches developed by the team at Foundership. So let’s take a look at the similarities between the two and how it validates the best path forward for incubating web3 startups to take on the world.  Similarities and validates the best path forward for incubating web3 startups ----------------------------------------------------------------------------- ### **Duration**: Foundership has a 6-month virtual program compared to a16z’s 3-month in-person program in San Francisco with meetings twice a week.  The 6-month duration allows Foundership to choose startups at an early stage (pre MVP/GTM) and handhold them through the first few steps of their journey. The speed & ambiguity in web3 requires a longer association to ensure that startups can adapt as the environment changes around them.  ### Coaching: a16z has announced mentoring for its chosen startups similar to Foundership’s LaunchCamp, which has a 1:1 coach assignment for each startup (2-4 coaches in 6 months), with bi-weekly meetings so that advice is specific to their needs & goals.  Coaches are located globally with extensive web3 knowledge & experience. The coaches also collaborate among themselves to provide the startups with the most relevant advice when needed.  ### Capital: Foundership is creating the Foundership Capital fund to invest the “first cheques” into Launchcamp startups. After trying an un-funded season in 2020, a16z has announced $500,000 in exchange for 7% equity for the startups from this season onwards. This values the a16z startups at ~US$7.14 mn. Foundership believes that capital is key to a young startup's journey & putting our money where the mouth is shows that we believe in our Launchcamp startups without a doubt.   ### Cohort size: a16z has announced it would choose 30 startups in its cohort for April 2023 compared to Foundership’s peak size of 25 startups per cohort.  Foundership’s first cohort, announced in August 2022, has 7 companies, with a new cohort being announced every quarter. They aim to incubate 50 companies in Year 1, growing it to 100 per year by year 3. Click here to see the companies in Foundership’s LaunchCamp#1  ### The unique collaborative model of Foundership’s Launchcamp: Foundership has built a strong community as a platform for collaborating with users, vendors and even other startups. This is a great support to young startups that spend precious time, money & energy reaching out to users or partnerships. Keeping Launchcamp 100% virtual reduces friction for applicants inviting global participation. In addition, this allows providing the startups with what they need without physical barriers. With 100% remote teams a reality now, we believe this is the future.  Foundership believes that a written application cant give an insight into potential. 0xCamp, a unique collaboration between Foundership & coaches, allows us to give back to applicants even before selection through a 3-week goal-based 1:1 mentoring program that also serves as our selection process. To align the interests of Foundership, coaches & startups, the coaches will also receive a share of the proceeds from the liquidation of the startup equity that has been offered to Foundership.  True collaboration always works towards creating win-win outcomes; coaches at Foundership receive an (indirect) share of the equity that has been offered to Foundership. This aligns everyone to work towards one goal: the startups' success.  If you believe that Foundership is building something that you can win with, visit our website [https://foundershiphq.com/](https://foundershiphq.com/) to  1. Apply for [0xCamp/ Launchcamp](https://foundershiphq.com/0xcamps)​ 2. Be a web3 coach at Foundership  3. Partnerships, events & collaborations with Foundership 4. Join our online & in-person community This blog is co-authored by **Pranav & Santosh** at Team Foundership! --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## How To Find the Right Co-Founder For Your Web3 Startup? Author: Unknown Published: 2022-10-06 Tags: mixer, cofounder, web3 URL: https://blog.foundershiphq.com/find-your-web3-cofounder/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/how-to-find-the-right-cofounder-for-your-web3-startup-1665046674280-compressed.jpg) Finding an ideal co-founder for your startup is as important as finding an ideal life partner. You find the right one and your life (in this case - your business) will take off to new heights. But, you end up with the wrong one and no one can save you from the disaster. In this article, we are going to take a look at the best ways to find an ideal co-founder for your web3 startup, what qualities you need to seek in them, and places where you can find them. Why Do You Need a Co-Founder? ----------------------------- Yes, you can always start as a solo founder. But there will always be a time when you’ll need someone accountable right next to you. Not as a friend or a colleague. But an insider, who will have a perspective and expertise of their own. Who will help you in taking the right decisions for your startup. Co-Founder is the only person who will stand with you at such times. ![](https://lh6.googleusercontent.com/acwFd-S0u6zMbDJC8_xYGcRFZpaYDYH16d2cWXHhUplSFpMSDWh7_DaE3ITFUlrCWwlM2moHj8ZMwQya44q3nmQeRET4lRmt0fIOWH3qdxRr49UFAlT9vTEugCzqUYhHpppcVA_9qdU8oeCvMti29tM8xFLLrJcZmpXPAVE7jNg36m9VtHkKQmd8Ag) ### Here Are a Few Reasons Why You Need a Co-Founder - * **Bring In New Expertise To The Table.** * **Expand Your Network.** * **Add a Diverse Skill Set.** * **Help In Unbiased Decision Making.** * **Have a Support System in Challenging Times.** * **Share Work Responsibilities & Lighten Up Your Load.** **And here we are talking about web3 startups. An area that is still very much hazy and a lot of things are still unexplored. Here you DO NEED a partner at any cost!** **No doubt you can fail with a Co-Founder in the same way you can fail alone.** **But chances of success significantly increase by having the right Co-Founder.** **Hence,** **Co-Founder > Solo Founder****.** 7 Qualities To Seek In a Potential Co-Founder --------------------------------------------- **No matter through what medium you meet your Co-Founder, identifying a few qualities should be your priority. This will ensure that you have your fundamentals right.** **It will enable your startup to get the best out of you both and help you to focus on your expert area.** **Also, remember that you won’t be able to identify these qualities in one meeting. You will sense them gradually.** **Let’s take a look at 7 such uncompromisable qualities that your ideal Co-Founder should possess.** ### 1\. They’re Passionate About Your Idea **No one will dedicate their time and effort to an idea that they are not passionate about. Forget about the long term, even a small activity will become unenthusiastic & lifeless.** **But why will someone even agree to be your Co-Founder if they are not passionate about the idea?** **Happens. Especially when they are too much in awe of the bright future of the web3 space, or you lure & emotionally try to convince them to join.** **So it’s important to know whether the potential partner is really passionate and enthusiastic about the idea or is he/she just attracted to it.** **How To Identify?** * **Observe how they are reacting/responding to your plan.** * **Enquire if they have done anything in a similar domain before.** * **Ask hypothetical ‘what if?’ type of questions & listen to what they have to say about it if your startup becomes a failure.** ### 2\. Your Skills Complement Each Other **Let’s say you started your project as a blockchain developer. You are well-versed technically & have built it all alone.** **Then the best bet will be to find a Co-Founder who is from entirely different, but still complementary background like - a Community Manager or someone from Operations.** **Similarly, if you are from a non-technical background, you can always partner up with a technical person. Diversity will be a boon for your startup.** **How Will It Help?** **Your skillset will complement each other.** * **You will get a 360-degree view of the industry.** * **Building a diverse team ahead will be a lot easier.** ### 3\. Your Personality Traits Do Balance **Are you someone who loves focusing on your own work and shies from speaking at events or in front of the camera?** **Then find someone who is a rockstar at mass communicating.** **Are you a super analytical no-nonsense type of person? Then find someone who is super-empathetic and creative in nature.** **Introvert-Extrovert, Creative-Analytical, Logical-Emotional, etc. such personality balancing will help your startup accomplish things in a big way.** ![](https://lh3.googleusercontent.com/Xr1RGzbWIgwSL7l6mNJl7YEm7rNzEKyiJsGVU3C_z3gOdmICNJFpJ4ZgnkzuKxM9AGKpwFH4rgYShRssekFfT9I1hcBeSXTCLIb47fP2q9-yeblqVPXQB_U8Sf9D_FsZM8kFLm6Jx0JG6nhl9Y-eyNfJ3kg1hqyRiFVT3VhiSo9xNlchCpsFO6YbFw) **How Will It Benefit?** * **Make use of the best of both personalities.** * **Always have a balanced standpoint to make decisions.** * **Fill in each other’s gaps to replace weaknesses with strengths.** ### 4\. They Have Some Leadership Experience **Having a particular skill set is one thing, but taking the lead in the overall project is entirely a different game.** **Being a Co-Founder of a company is not just about handling a particular department. In web3, it’s even challenging.** **You need to excel in different areas be it sales, finance, operations, community, or tech.** **But not everyone you are having a conversation with for this might be a founder or Co-Founder previously, and that’s ok.** **All you need to see is if they have been in any leadership or managerial position before (even as an employee or from the web2 space).** **How Will It Benefit?** * **This will ensure that you have a self-motivated Co-Founder and not just a promoted employee whom you need to direct.** * **They will be much more responsible than anyone who has never taken a lead before.** * **You will get a Co-Founder with a naturally broader mindset.** ### 5\. They’re Adaptable **Nothing is predictable in a startup.** **There can be times when you have to take decisions under extreme pressure whereas at other times you need to attend endless phone calls or optimize your work for a cut-down budget.** **No matter how competent one is, unless and until they are not adaptable to such scenarios, they can never be an ideal Co-Founder for you.** **How To Identify?** * **See if they have worked in startups or small companies before.** * **Ask hypothetical questions to know what decisions they will take in unfavorable scenarios.** * **Ask if they are ready for some adjustments.** ### 6\. They Have Integrity **Judging someone simply based on their abilities is a good thing to practice.** **But it doesn’t work well when you have to choose someone as your Co-Founder.** **A person is not made just out of their capabilities but also by their character. It has a huge impact on how we behave, what we do, and what decisions we make.** **Thus, you have to sense whether the person you are considering as a Co-Founder is transparent, trustworthy, and has integrity.** **How Will It Benefit?** * **Transparency will be maintained in business affairs.** * **Your money will be shared with safe hands.** * **There will be no unpleasant surprises or shocks.** ### 7\. They’re Growth-Oriented **A person who realizes that there is always room to learn and improve is a person who understands growth.** **No one has figured out everything. The area of growth is a vast endless space and the only one who keeps pushing expands their boundaries.** **Thus, it is important that your Co-Founder has a growth mindset from day one.** **And growth not just in the context of financial growth, but business growth, personal growth, professional growth, and so on.** **You definitely don’t want to end up with someone who gets comfortable quickly in stagnancy.** ![](https://lh3.googleusercontent.com/cAYPe0467-6VEKipx-2QuOB8j4fQKz7OyN0H9jmyHe-TeGbLAh5p97AUKxE2mduKd2KZetNPZrLMCsMVmuZ7DX7zE04bTrMLAjg32-I2Tmq4CdCTeQw-0sdn315fmCTUomp620OJ4-0coasJg_f0UC_rpQ9iVF_QVnT3F4qsfzw5BjZVoaoaaLVpHQ) **How To Identify?** * **Take a look at their track record. How have they moved ahead in their life?** * **Ask about their vision & expectations.** * **Observe their mental energy. Someone who is growth-minded will always have the high mental energy.** 4 Places To Find Your Web3 Co-Founder ------------------------------------- **Now you know what qualities to look for in your ideal Co-Founder.** **But the potential ones aren’t going to appear in front of you out of thin air. So, where to find them?** **Let’s take a look at 5 places that will help you meet the right people and find your Co-Founder.** ### 1\. Leverage Your Network **This goes without saying.** **If you are in constant touch with professionals from your industry, this will be the best place to begin your search.** **Do you notice your college friend constantly posting about starting up in web3 on social media? Ask them what they are planning to do.** **Or maybe you have your collogues from previous companies or friends from your entrepreneurial circle who are building or want to build in web3.** **You never know who might be of your help.** **These folks will also be slightly more trustworthy as you are already familiar with them.** ### 2\. Join Web3 Communities **This is also the easiest way to meet diverse yet relevant people from your industry.** **Be it an online group or a real-life closed circle, you will be able to meet people who are already working in or are passionate about web3.** **Virtually speaking, Discord & Telegram groups are good places where a lot of active web3 builders hang out.** **You can become active in these groups, connect with other members who you find competent & trustworthy, and take the relationship ahead.** [**Foundership**](http://t.me/foundership) **is one such community you can join on Telegram where founders, leaders, and builders from the web3 space hang out.** ### 3\. Attend Web3 Events & Conferences **Conferences & networking events can help you expand your horizon.** **There are popular events specific to the industry taking place around the year in various cities.** **Unfortunately in web3, you may not find such events happening in small towns yet. But if you are from tier 1 or metro cities or can travel there, such events can open up a wide range of networks for you.** **What’s best about these events is that you get to meet everyone in-person face-to-face and the participants are more serious than the people in the virtual communities.** **Also, there are higher chances of you meeting someone with a shared vision in these events.** **In order to break the small town barrier, we at Foundership also host** [**0xBreakfast**](https://blog.foundershiphq.com/0xbreakfast-cl3j0p6xl190591kpbibjhe9yr/)**, a casual meetup across 12+ Cities in India (plus, virtual for others) on the first Thursday of every month.** **On a gm, folks building in web3 informally bump into each other & discuss their ideas. Do join us for the next breakfast.** ### 4\. Use Networking Platforms **This is different from joining online communities.** **In communities, you are not aware of who is looking for what unless and until they are super active there.** **But there are a few platforms that are designed for connecting entrepreneurs with specific needs to each other in unique ways.** _**Here’s a list of a few such platforms -**_ * **[CoFoundersLab](https://cofounderslab.com/)** * **[CollabFinder](https://collabfinder.net/)** * **[FoundersNation](https://founders-nation.com/)** * **[YouNoodle](https://younoodle.com/)** **Besides all of them, never ever ignore LinkedIn.** **Almost every professional who is looking to be a part of the startup ecosystem & exists in the virtual world is now active on LinkedIn.** **You can search for the relevant ones using filters, connect with them, chat with them, and expand your network.** **You never know where you will find your ideal Co-Founder. There is never an ideal place. So make sure to explore all the possibilities.** Questions To Ask Before You Proceed ----------------------------------- **Keep these questions handy to ask a potential Co-Founder before you proceed.** ![](https://lh6.googleusercontent.com/io7pdwK5irEiO79thcZFkQoD_EYrblZ4XR01uuVNTBboRZRu4fX56lZLqli-uAcDiarGTmy7D3Zx5DFQG7eNH7ZQbH_Bn4yGM_ZvLJCF179rm5qbZw4rDQi3eW_UmrWjo_qcSN8iAswTAYwidIO9wBg660kWEEtTneBIvEimfWx5-6KQHIFCs_qlkw) But don’t ask them as if you are conducting an interrogation. Plant them naturally in your conversation. * **What thing do you find most interesting about this project? Your reason for agreeing?** * **What’s your biggest concern as of now?** * **Is this going to be your full-time project or do you want to do it as a side hustle?** * **How much time can you put into this startup?** * **What are your work & life rules? Also, how do you balance both?** * **Is your family supportive of your entrepreneurial work?** * **What are your superpowers validated by others?** * **What is your style of work?** * **In case you strongly disagree with something, how do you handle the conflicts?** * **Please tell me what strengths and weaknesses you find in me. Also, why are you agreeing to work with me?** * **In case we failed, what will be the most important aspect that will affect you? Will it be finances, relations, or reputation?** Find Your Web3 Co-Founder Mixer ------------------------------- **While we encourage you to keep up with your search at the above-listed places, we also have taken matters into our hands.** **We understand how in web3 it’s even more challenging to find an ideal Co-Founder. And that’s why we decided to facilitate and contribute to this search.** **​We host a virtual networking and mixer event every 3rd Saturday of the month where you can network, mingle, and connect with like-minded people looking for Co-Founders!** **Do join for the next** [**Find Your Web3 Co-Founder Mixer**](https://lu.ma/find-web3-cofounder) **event. You never know - you may find someone ‘ideal’ for your startup there!** **Have any questions related to our initiatives or entrepreneurship in general?** **Shoot us a mail at -** **we@foundershiphq.com** **and we'll make sure to answer ASAP.** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 10 Web3 Projects That Shaped The Ecosystem - Best Web3 Examples Author: Unknown Published: 2022-09-25 Tags: dao, dapps, web3 companies, web3, nfts, ethereum dapps, web3 startups, projects URL: https://blog.foundershiphq.com/web3-projects-that-shaped-the-ecosystem/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/10-web3-projects-that-shaped-the-ecosystem-best-web3-examples-1664096477874-compressed.jpg) Making people adapt to something is never an easy thing to do. In this technological evolution of web2 into web3, it’s still perceived as a skeptical move by many. But some initiatives carved their ways out and accomplished things in such a way that unknowingly millions of users became part of the revolution This has set an example for all the aspiring builders out there. In this article, we are going to take a look at 10 such foundational organizations across the ecosystem that have shaped the web3 world and are serving as an inspiration for budding web3 entrepreneurs. We have picked these organizations based on the impact they have created on the ecosystem and their popularity amongst the users. We will also take a look at what we can learn from their workings. **1.** [**Coinbase**](https://www.coinbase.com/) ------------------------------------------------ They are literally building the crypto economy! Launched in 2012, Coinbase is a cryptocurrency exchange platform that was Co-Founded by Brian Armstrong. ![](https://lh4.googleusercontent.com/bn5Bi9R6EE-8qhZPOonFoyqvmTqW1yjfbJssfkqu4vEGwphn-MWIZk0-6JiPkZ26zFAq8LPHzmnh1xRGWEqc38l3SwbaLQFBL1UZ3T4vFFz2ZIDEsN2VclYxdD2ETANEUQTYYJqgmFHUJ2-adACMRGdqZ_drLqt8DLLNw6dgipfeN-7LNmSVhax1NQ) The major contribution they were able to make to the web3 ecosystem was that they brought cryptocurrencies to the main street. What’s different about them is that, unlike other crypto-based organizations, Brian Armstrong welcomed the regulations & regulators for crypto instead of taking an anti-government stance. They also went public in April 2021 without selling any new shares just to embrace regulators & the public, making Coinbase more transparent than ever. ### **Impact Coinbase Has on the Web3 Ecosystem** * **As of now, they have 103 million+ (verified) users.** * **They are present in 100+ countries.** * **They are present with 14,500 institutions & 2,45,000 ecosystem partners.** ### **What Can We Learn From Them?** * **How they are trying to make cryptocurrency mainstream.** * **Why they are key to introducing new users to the web3 space.**  **2\.** [**MakerDAO**](https://makerdao.com/en/) ------------------------------------------------ **They are on a mission to create & maintain a stable and frictionless decentralized currency.** **Launched in 2014, MakerDAO is a decentralized credit facility co-founded by Rune Christensen.** ![](https://lh4.googleusercontent.com/h4cqaAHbsvNHP2s2v8P_Jlw2AiPuKxpB9M0L_UaQhxfRaRvbP39YUysIa-LGDIviSq3BWnKosN1CAXL5U6Oqx0XmC0cDBcZeP0WExx_-vz4zsdJD_MU5kNUtfmFGQaKwArayuH0YyJsmxfayuz6vETeld-bDc9fVqWtHEexNqBoF09D2hzA1c1npnQ) It is an Ethereum-based central banking protocol that enables the lending & borrowing of crypto assets through Dai (its collateralized stablecoin). **In short, it’s a decentralized global reserve bank.** **It was the Maker community (along with DigiXDAO) back in 2016 that showed huge support for Ethereum Network. They were an early advocate of Ethereum before it was split.** **Also, did you know that Maker Protocol was the first ever major dapp that was formally tested & verified for its reliability in September 2018 using mathematical modeling?** **This increased its transparency & the community’s confidence in the technology.** ### **Impact MakerDAO Has on the Web3 Ecosystem** * **DAI is one of the most functional cryptocurrencies in the crypto ecosystem.** * **There are almost 6.80 billion DAI in circulation.** * **They have made 400+ Integrations.** ### **What Can We Learn From Them?** * **How a decentralized stablecoin opens up opportunities for everyone.** * **How a stablecoin can bring in the freedom of utility in the web3 world.**  **3\.** [Ledger](https://www.ledger.com/) ----------------------------------------- **With a mission of providing security to digital assets all over the world, Ledger was launched in 2014.** **It is led by Pascal Gauthier who is currently serving as a Chairman & CEO of this foundational organization.** ![](https://lh5.googleusercontent.com/RTotzkLsJVIiyOL69HyrqlKZfuUc6Tzy1mgVWOWbzqvJsoDpwyTpZamQlwerAxDNlfsaXxzDrRujGJkUhQJn5XiCqUnfDTcZI7pkuYszN_MICgfuRL3uragiHz3K3jNVbnuqa_1nwzFXLTEAPaN-MhH4LVTdc4leWDiRRER4jAliEhfXSO1fgfsDlg) They initially started with the idea of building a secured chip that would safeguard digital assets for crypto enthusiasts, but then as they took shape, they evolved into a full-fledged security platform. **Though currently, they are providing a secured gateway to crypto & NFTs, they are planning to step their foot into securing a variety of digital assets such as virtual real estate, Metaverse avatars, digital currencies, etc.** ### **Impact Ledger Has on the Web3 Ecosystem** * **To date, they have sold 1 million+ units all over the world.** * **It is present in 165 countries.** ### **What Can We Learn From Them?** * **How they were able to provide security to new types of (digital) assets.** * **How a security feature can be used to encourage more people to embrace this new ecosystem.** **4\.** [Ethereum](https://ethereum.org/en/) -------------------------------------------- **Ethereum revolutionized the web3 space in a true sense.** **Launched in 2014, it is a Layer 1 blockchain network and a community initiated by Vitalik Buterin (Founder & Inventor, Ethereum).** ![](https://lh6.googleusercontent.com/i0DoVnOZgLnCq7wCFwU7SUU-gKk_VPiKjdgF6tvNY6GbCmL7p1MEwvyAzbJegD2XyfSTDgOsFSSv3vKedLLXBO3ysJWG6xH3ViFqSjhSPgqoKRpbLnD34rSJ0ZblvR8cTEzmH8o7-if3oYbaUiGwLiuSOorY_KCmSLcDnAb5J6LyrQavCkSvxfuPSQ) They created an infrastructure that was more than just a currency and had an actual utility. **Ethereum’s mission is to create decentralized protocols & tools that will empower web3 developers to build decentralized apps for various use cases.** **What’s interesting about Ethereum is though you can only mine 18 million Ether or ETH (Ethereum currency) in a year, there is no limitation or restriction on its market capitalization. Yes, Ethereum is limitless!** **While other crypto coins may have celebrities or media personalities flaunting about owning them, Ethereum has solid top-level tech companies like Microsoft, HSBC & Barclays utilizing them in their systems.** **Recently Ethereum’s main net & executable Beacon Chain merged which made Ethereum transition into the Proof-of-Stake model from the Proof-of-Work model.** **It was a historic moment that was famously known as the Ethereum Merge.** **This now makes Ethereum more secure, and scalable and has the least impact on the environment.** ### **Impact Ethereum Has on the Web3 Ecosystem** * **Ethereum still holds the majority share (77% as of Nov 2021) of the total value locked in the top 5 smart contracts. It hosts the majority of ICOs in the cryptocurrency world.** * **3.4 million+ Ethereum addresses interact with DeFi protocols.** * **Thousands of dapps, stablecoins, NFTs, etc. from various backgrounds like finance, gaming, art, etc. are functional due to Ethereum.** ### **What Can We Learn From Them?** * **How web3 can be used to create an impact on the real world.** * **How they empowered developers to build for the utility.** **5\.** [ConsenSys](https://consensys.net/) ------------------------------------------- **They’re here to set up a foundation of software that’ll help the web3 ecosystem to thrive.** **Launched in 2015, ConsenSys is a blockchain technology company that was founded by Joseph Lubin (who’s also a Co-Founder of Ethereum).** ![](https://lh4.googleusercontent.com/yXBW_E3HocoFvgVjC76kNGQrNMfpSOav9NT8ao7mkK7RUQgH8junRL1G5UPesgMSnuvdPY07dWThjnLnYHjlZO8QcvP4eJxbBuE2Fwjc1ytj8LNyUS9HWQkgSjDLtdbsNdOKveR4Uy9m1tgQYJK0EJISUxA4m6cAF72tmOgcWtTuMFNlr0uEJ5T6Vw) They have played a crucial role in shaping up and evolving Decentralized Finance (DeFi). **They are no more than a powerhouse of the blockchain industry.** **ConsenSys closely works with tech organizations, central banks, and even governments to create scalable blockchain solutions at the enterprise level for a lot of real-world applications.** **Their one of the most popular products includes MetaMask which is a web3 wallet in the form of a browser extension. It’s an ultimate gateway to DeFi that gives its users full control over their private keys.** ### **Impact ConsenSys Has on the Web3 Ecosystem** * **MetaMask (by ConsenSys) has 30 million+ users all over the world.** * **They have a suite of 6 products that are most widely used in the web3 / blockchain ecosystem.** * **They’ve incubated more than 50 projects to date.** ### **What Can We Learn From Them?** * **How they empowered developers & enterprises with their product suite to effortlessly tap into the decentralized future and build on Ethereum.** * **How they’re making newer economic systems open, efficient, and secure.** **6\.** [Gitcoin](https://gitcoin.co/) -------------------------------------- **They want to create the digital public infrastructure of tomorrow!** **Launched in 2017, Gitcoin is a community of builders, creators, and protocols that was founded by Kevin Owocki and Scott Moore.** ![](https://lh6.googleusercontent.com/pNdII-7sE5B2Afl0hNqL05xperHabH-0-wGescDhx3M81q9-fixgWigY45k0Vxv3c2w2IPRGCSj5VeOSE5YI0zaFEPSpT2qK2BlGt_8W_QEFm_D88zUMgTNSZ6yPvr9M3u29loZwNxoekS5Llq9K_A-eP-_pe7__oP5SWU5LbyzA-Y0Ke4LeUXO9CA) They are on a mission to fund digital public goods and foster open source code, open data & open governance. **They promote building open web3 technologies that will help accomplish the goals of shared ownership and collaborative determination.** **Gitcoin assists the communities of builders to build for the open web through their grants and funding programs.** ### **Impact Gitcoin Has on the Web3 Ecosystem** * **Gitcoin to date has done 2.9 million+ transactions.** * **They have done almost $66.7 million in value transfer.** * **They have enabled approx. 11,258 earners.** ### **What Can We Learn From Them?** * **How an open source internet is built & becomes functional.** * **How they encouraged collaboration & empowered a decentralized economy.** * **How your own web3 project can get funded using their platform.** **7\.** [OpenSEA](https://opensea.io/) -------------------------------------- **One of the most famous peer-to-peer marketplaces out there!** **Launched in 2017, OpenSEA is an NFT Marketplace that was co-founded by Devin Finzer.** ![](https://lh4.googleusercontent.com/rUFHYtTbpsYBiExG8_xG2Msw5kOJ3b1i0yI0T4Jn3iwMtaQrGdu2J-2RDut4tt_6HgpEJ3cMuVSwjxxSEk8v_Hll8Y3758WMFdqhezq6bnl02i9HLfHoeEvw5sVKLVvYf_T4K2CcektMGgBGHt-IZdpEhPcoowiEIAQngaPUBYwxMV53CrZ5YiDNag) They have become one of the most accessible marketplaces for buyers, sellers, and creators in the web3 ecosystem. **They are on a mission to build cutting-edge tools that’ll enable consumers to trade, creators to launch, and developers to build their digital works & items effortlessly using rich and integrated marketplace options.** **And guess what? They’re pretty much getting successful at it.** **According to OpenSEA’s internal analytics data, they once reported having almost 62,105,769 users visiting their website in a month. This puts them in 649th rank in the list of most visited websites in the world.** **Unlike other niche-specific crypto entities, OpenSEA is an all-inclusive marketplace that offers a platform for digital items of almost any type of category.** **You’ll be able to buy, sell or create digital goods that consist of gaming items, sports collectibles, music, art, or anything that can be called a digital good.** ### **Impact OpenSEA Has on the Web3 Ecosystem** * **Around 80 million+ NFTs have been created, bought, or sold on this platform.** * **They have seen a volume worth $20 billion+ in transactions to date.** ### **What Can We Learn From Them?** * **How one of the largest decentralized marketplaces was built.** * **How transactions of user-owned digital items were enabled.** **8\.** [A16Z Crypto](https://a16zcrypto.com/) ---------------------------------------------- **The single most influential entity that is shaping the web3 ecosystem!** **Launched in 2018, A16Z Crypto is a venture capital fund organization founded by Chris Dixon that invests in crypto and web3 startups.** ![](https://lh4.googleusercontent.com/v620plZOcrorluW1VDolJJyrn51rVUcBvHCs2nNjdbahgKkvKK9AxQCI0qBMUetcXCVPyo9HeLI59V7cWflu5DQNrwGYenDGP6kL2DMNPxa9UGSuRmgUOOsYMvPBff-mCBFeNhLGeH48v0DkYQ-mDf9XL1le1LWOTxZi417asTkxhS6lx1cMGKg_9w) They have a portfolio of diverse companies that they like to define as ‘ground-breaking’ startups. **What areas in web3 are they contributing to?** **They’re actively investing in - Web3 games, DeFi, decentralized social media, self-sovereign identity, layer 1 and layer 2 infrastructure, bridges, DAOs, NFT communities, creator monetization, and many other areas.** **They have a fantastic team of engineering, security, legal, regulatory, educational, and go-to-market experts.** **They also have set up their own research organization and recruiting services to enable growth for web3 startups.** ### **Impact A16ZCrypto Has on the Web3 Ecosystem** * **They have funded more than 85 startups to date.** * **They have raised more than $7.6 billion of funds.** ### **What Can We Learn From Them?** * **How they’re imagining the digital infrastructure of tomorrow.** * **How they’re backing the bold entrepreneurs who are engineering the internet of the future.** **9\.** [**Uniswap**](https://uniswap.org/) ------------------------------------------- **These guys are on a mission to unlock universal ownership and make an exchange accessible for all.** **Launched in 2018, Uniswap is a decentralized crypto trading pool founded & invented by Hayden Adams.** ![](https://lh6.googleusercontent.com/KSm9-gDtp_FdPUa4KJlPYDGtTV8pWMJCgNzP0rZvnPp4NP-qLPIQEPY4Mo0-jIB_TYRcQk54MqoXZxBQgKP0YRYCYk7w2mTegt4XavS4RpwX6CDYoDSfNhiZ8hZ7Bfvsxv1kO28LjQ0xeo_6KhgUGNXo3E8rZ4MYVUwM7t1_gK8bXK8PwvKwJAlhLQ) It is an automated Ethereum-based crypto exchange that has its own governance token called UNI. It is a truly decentralized exchange that has revolutionized the transaction system in web3 in a true sense. **It is also completely open source. This means that almost anyone can use their code to build their own decentralized exchange.** **Unlike other exchanges that charge a heavy fee to list new coins, Uniswap allows users to do that completely free.** **This is a notable difference that sets Uniswap apart from other exchanges.** ### **Impact Uniswap Has on the Web3 Ecosystem** * **They have had $1.1 trillion+ in Trade Volume** * **110 million+ in All-Time Trades** * **300+ Integrations** * **And, 4,400+ Community Delegates to date.** ### **What Can We Learn From Them?** * **How a fully automated, open, and truly decentralized exchange looks like.** * **How one can revolutionize the transactions of tomorrow.** **10\.** [**Dapper Labs**](https://www.dapperlabs.com/) ------------------------------------------------------- **They are on a mission to take blockchain technology to real-world, real people.** **Launched in 2018, Dapper Labs is an NFT company that was founded by Roham Gharegozlou.** ![](https://lh5.googleusercontent.com/rhTS0O8-J4T9KiWRSjMAqxU3lOZjzHcaBjnuxe0P1Zha6c7ho1azzUrfehNJM_cAA6xlEp7tMWh_yiDpgSHoeZfBSLnNiLINYmgJQviO4LQHKcVKcMk6947-6qdZsU1YEZSM5GGqd6pPtgfAbuPqia0uu_N_bSS5HbfdVHpSGxPKoBxP0OmODLMl4A) They believe in keeping their UX free from jargon or complex web3 terminologies. They do this for making their product more user-friendly for the common consumers. **Dapper Labs was named among one of the top 50 most innovative companies in the world.** **They have 7 products in the market to date, namely - NBA TopShot, AllDay, UFC Strike, Dapper, Laliga, Crypto Kitties, and Cheeze Wizards.** **Their CryptoKitties, a blockchain-based game about cats, and NBA TopShot, an NBA highlights collectible trading cards platform are one of the most popular NFT markets.** ### **Impact Dapper Labs Has on the Web3 Ecosystem** * **Their FastCompany was named the no. 1 gaming company in the world.** * **They have 1.5 million+ users, $15 million+ in sales, and $1 billion transactions for their product - NBA TopShot.** * **Dapper (for Metaverse) has 2 million+ users & had 20 million+ transactions till date. They also have a value worth $1 billion+.** ### **What Can We Learn From Them?** * **Their innovative & simplistic perspective toward tech-heavy web3 products.** * **How they worked to make blockchain technology reach real people.** **Launch Your Web3 Project** ---------------------------- **Fantastic organizations! A lot to learn from them.** **But what if you have an idea for a web3 project and want to launch it in the right direction?** **Or you are already working on one but are confused about how to take it ahead for success.** **How would YOU make it in the next top 10 web3 organizations?** **For that, you need someone who has been there, done that - to hold your hand and guide you in the right direction.** **We have opened up this opportunity for you with our FREE 3-week IVL & 1-day IRL [web3 incubation program - 0xCamp](https://foundershiphq.com/0xcamps).** **Do consider applying if you want to receive guidance directly from the leaders of the space.** **No cookie-cutter approach, but context-based guidance that’s specific to your startup.** **So what do you think about the list?** **Do you think we missed any? Let us know if you want us to add some more organizations by emailing us at -** **we@foundershiphq.com****.** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## August 2022 - We at Foundership celebrated too! Author: Unknown Published: 2022-09-13 Tags: 0xCamp, Polygon, Update, LaunchCamp, Foundership, web3 URL: https://blog.foundershiphq.com/august-2022-we-at-foundership-celebrated-too-cl7zrqrp148981kpgsazjd19f/ August is a month to celebrate! Largest Democracy of the World - India's 75th Independence Day🙏 World Photography Day World Humanitarian Day **....** At Foundership, we had a great **August** to celebrate too! When we sketched our model in May 2022, we wanted to implement it and see the result. We had an intense 4 months (May-August) to see this in action! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-in-action-2022-09-08-at-7-1663048446618-compressed.png) **7 Startups** joined our **First LaunchCamp** - 6-month Acceleration Program for the ongoing company building. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-launchcamp-1st-batch-web3-startups-1663049014976-compressed.png) **174 Startups joined 0xCamp#2** * 25 Startups building Web3 Startups with 1-1 Coach support + access to Masterclass by Coaches * Remaining Startups in a very early stage got access to Masterclass by Coaches * Founders from **Australia, Paris, Dubai, and many cities across India** are in 0xCamp#2 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-2-foundership-1663054352493-compressed.jpg) ****20+ VCs &** Angels** joined as **Funding partners** with soft commitment for Founders from Australia, Paris, Dubai, and many cities across India. We signed MOU with **BITS Pilani-Conquest** as their Web3 Knowledge & Incubation partner. We enabled the **NEAR Protocol** + Foundership meetup in Mumbai increasing awareness about NEAR Protocol and their Grants program. **Participated** in Web3 Conference in Goa and Unfold CoinDCX event - BLR. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/near-protocol-foundership-1663050553457-compressed.jpg) **900+ RSVP for 0xBreakfast** in 12+ cities. We expanded **0xBreakfast to 12 Cities,** new cities being Kolkata, Rajkot, Jaipur, and Chandigarh and also we launched a 0xBreakfast Virtual - Join Live with fellow web3 folks across the world. 🙏 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-web3-community-hosts-1663053772550-compressed.jpg) **55+ Coaches from worldwide** in our CoachDAO to help Founders in 0xCamp Incubation and LaunchCamp Acceleration programs. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/screenshot-2022-09-13-at-1-1663054775654-compressed.png) **Now opening 0xCamp#3 applications 🔥🔥🔥🔥** 0xCamp 3 - Powered By Polygon Inviting Founders & Builders _in the Web3 idea stage or just started building_ to enable them in the right direction. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-3-foundership-powered-by-polygon-1663057495519-compressed.jpg) 0xCamp is a 3-week virtual program - Founders can be anywhere in the world! * 0xCamp#3 Application Last Date: 15 October 2022 * Application Review by CoachDAO: 19-24 October 2022 * **0xCamp#3 Starts: 29 October 2022 - 21 November 2022** * 0xCamp#3 Application form👉 [](https://tally.so/r/3lbNRk)[Apply here](https://foundershiphq.com/0xcamps) Do you know a founder/your connections ideating a Web3 startup or in a very early-building stage? You're most welcome to share with them👆👉 [](https://tally.so/r/3lbNRk)[Apply here](https://foundershiphq.com/0xcamps) and **get rewarded. Thanks!** We're thankful to our partners Polygon, Router Protocol, OnMeta and community partners OGClub DAO, eChai Ventures, Headstart, Web3Learn and Superwomen DAO for their support. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## What Happened in July 2022 at Foundership Author: Unknown Published: 2022-08-12 Tags: Update, Foundership URL: https://blog.foundershiphq.com/what-happened-in-july-2022-at-foundership-cl6q9pxha693991jo4hobnpx1n/ Hope you are unstoppable. 👋 Team Foundership had an unstoppable July too!🙏 Here are a few updates to share with you all.🔆 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-happened-in-july-2022-at-foundership-1660300977738-compressed.jpg) **First 0xCamp** Bengaluru - 3-Week Incubation program completed. 18 Web3 Startups participated + 6 Coaches. Out of 18, a few top Web3 Startups will join the 6-month LaunchCamp Acceleration Program. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-1660304076357-compressed.jpg) We got super feedback! Happy with Founders! Happy Coaches too! Added **9 more coaches** to CoachDAO: 46 in total. Want to apply/refer a Coach to join CoachDAO? Please share👉 [https://tally.so/r/w7GaRw](https://tally.so/r/w7GaRw) And, we moved to NCR with the **Second** 0xCamp. 14 Web3 Startups participated. We learned the model that worked in Bengaluru (Indiranagar) needs simplification. This gave **birth to 0xCamp Version 2.0**.  We're now taking 0xCamps version 2.0 to 6 cities in India + Dubai + a Global program for any city & country. ​**Are you curious** about what we learned while hosting 0xCamp? Here is a [detailed blog post](https://blog.foundershiphq.com/0xcamp-20-india-dubai-global-cl6lzgsci180911jo4u2fj53cs/). 👈 If you would like to **refer a team that is ideating a web3** startup and just starting to **build, you're most welcome to share the 0xCamp application form** 👉 [https://tally.so/r/3lbNRk](https://tally.so/r/3lbNRk) with them! Thanks! Hold on!  We believe in distributing wealth. Hence, we [**started 0xScout**](https://blog.foundershiphq.com/0xscout-be-part-of-web3-opportunities-cl60qg37m197151jpb7c4nwzs1/) - We will _reward 0xScouts with Tokens/NFT for each startup_ selected for the LaunchCamp program with your reference.  · · · > I'm sure you have heard repeatedly "**Web3 is looking for problems**" and show me some products! We heard it too. And, we started hosting **Live Show Web3 Tools** every Thursday - Web3 Founders/Team presenting their tool to this 1000+ Community members to learn and use tools.  You're **most welcome to join the ship**! RSVP👉 [https://lu.ma/lsw3t](https://lu.ma/lsw3t) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/liveshowweb3tools-onmeta-2022-07-28-at-6-1660303355814-compressed.png) · · · We all want to get out to **real life beyond the computers**. Just meet fellow folks! Several City hosts made it possible: Hosted **6 cities 0xBreakfast with 300+ Web3 Founders**, Builders and Ecosystem enablers. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xbreakfast-1660304103162-compressed.jpg) But all this won't have been possible without the ecosystem of believers and **partners**. In addition to super support by Polygon and Arcana Network, we **added** ONMETA & Router Protocol as Partners - Two prolific Platform and Protocols. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-partners-2-1661156559728-compressed.jpg) What's a community if we can't **support** more communities?  We invited **new community** partners, Superwomen DAO & Web3Learn. 6 partners in total, including OGClub, Headstart, eChai Ventures and Xperian. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/community-partners-1660304136184-compressed.jpg) But all this magic won't be possible without the love and support from Foundership Community Hosts.  6 Community managers + 32 Hosts across 12 cities + more coordinators + Team Foundership have worked hard and cared for all the activities. 🙏 Always, Thankful for the support. To Community Hosts. 💜 Please feel free to share feedback &/ about Foundership with your connections. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 0xCamp 2.0 - India. Dubai. Global. Author: Unknown Published: 2022-08-09 Tags: 0xCamp, Dubai, India, Incubation, Accelerator, web3 startups, Global URL: https://blog.foundershiphq.com/0xcamp-20-india-dubai-global-cl6lzgsci180911jo4u2fj53cs/ > What works for Indiranagar stays in Indiranagar!  Unfortunately, this is a classic mistake many Startups make by modeling the entire business by validating in a small circle of demographics. Go out to validate with a more significant section of customers to map the HUGE potential. This is how we enable Web3 Founders to think Global From day one and not get stuck with a small set of user validation. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-india-dubai-global-foundership-1660038146760-compressed.jpg) We _ate our dog food last week while hosting 0xCamp in NCR_.  > The phrase eating your own dog food means: [https://en.wikipedia.org/wiki/Eating\_your\_own\_dog\_food](https://en.wikipedia.org/wiki/Eating_your_own_dog_food)​ But, fortunately, what worked in Bengaluru, we found not working in NCR. Let me explain to you what I mean by this. When we hosted 0xCamp in Bengaluru (Indiranagar-Domlur), we started with 2 days of IRL (in Rea life /in-person) Camp. * We had 34 Web3 startups, dozens of Coaches and Founders all packed for 2 days. * We had an amazing experience. We (Team Foundership & Coaches) were tired. I mean it :D * The venue * Light * Sound * Camera * Travel timings * Coordination to bring all 34 Web3 startups, dozens of Coaches and Founders for both days > Because it is Bengaluru - The High Energy and comparatively smaller distance travel, we could pull the IRL (in Rea life /in-person) Camp. But in NCR, a few founders had to travel from Ghaziabad to Gurgaon and from Jaipur too! * Long distance. * Longer travel timings. * Rain and travel chaos.. * and more such pains... * And, if the founders missed out on joining the IRL (in Rea life /in-person) Camp, they feel left out and it becomes harder to join the ongoing 3-week virtual camp. **This is where we had to Stop the Indiranagar type of model for 0xCamp. It won't work in 👇** * NCR * Chennai * Dubai * Mumbai * Singapore... * and more Now Launching 0xCamp New Model!🔥 --------------------------------- > A small change..but BIG Impact! **Instead of starting the 0xCamp with a 1-day or 2-day IRL (in Real life /in-person) Camp in a city, we will** **Start** - The 0xCamp 3-week Virtual Program. **End** - The Program with a 1-day in-person Camp. 0xCamp Founders Day in the city! **Next** - Top Startups from 0xCamp go into LaunchCamp - 6mo accelerator program This means:👇​ * Founders don't have to stress out to travel to join the first day of the program. * Start building a Web3 Startup from your home. * Less hassle for Coaches to travel/join every city (we are hosting 0xCamp in 7 cities and it will continue to grow). * The Foundership team doesn't have to be in every city to kickstart the movement - The community takes it forward. And many such benefits from the simplification. We are now launching 👇 0xCamp 2.0 - India. Dubai. Global. ---------------------------------- * Chennai * Mumbai * Hyderabad * Pune * Bengaluru * NCR * Dubai * & Global (Any city & country) > **Are you in Kolkata, Jaipur, Ahmedabad, Chandigarh, Coimbatore, Bhubaneswar Kanpur or Kochi or Guwahati or Coorg or anywhere in India? You can join us via 0xCamp Global. 👍** ### What's 0xCamp? An intense 3-week Incubation program that is contextual as per your startup, each week having serval sessions by prolific Web3 Coaches to review & set the right direction for your Idea, Market, Customer, Competition, Marketing, Community, Technology, Product, Business Model & Tokenomics. ### 0xCamp 2.0 Details 0xCamp Application Last Date: 21 August 2022 0xCamp Application CoachDAO Review: 19 - 24 August 2022 0xCamp 2.0 Starts: 29 August 2022 Apply: 👇 [https://tally.so/r/3lbNRk](https://tally.so/r/3lbNRk) First Come. First Called for Review. 👆 **If you have already applied, you will be called for discussion. No need to apply again. 👈**👈**👈**👈**👈**👈************ > **Top Web3 Coaches from India & across the world run the 0xCamp Incubation program to enable you to find the right direction & opportunities.** 0xCamp is [getting super appreciation](https://twitter.com/search?q=0xcamp) from Web3 Startups and also Coaches and the Community! 👆💜 > Avoid Shortcuts. > > Build Your Web3 Startup in the Right Direction.👇 With Foundership & CoachDAO! 🙌 --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 0xScout - Be part of Web3 Opportunities Author: Unknown Published: 2022-07-25 Tags: scout program, founder, web3 startups URL: https://blog.foundershiphq.com/0xscout-be-part-of-web3-opportunities-cl60qg37m197151jpb7c4nwzs1/ The **Foundership 0xScout program** is designed to bring together ecosystem leaders, founders and investors to spot the _promising Web3 startups for Foundership programs._ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xscout-by-foundership-web3-startups-1658752624732-compressed.jpg) 0xScout: The Foundership Scout program -------------------------------------- As a 0xScout, **we will work with you** to identify promising projects/ startups or web3 teams in the idea stage / early product building to bring them to Foundership 0xCamp program. 👍 Foundership hosts the 0xCamp Incubation Program every month in many cities and also hosts a global fully-virtual program. 0xCamp is a free 3-week Incubation program by Top Web3 Founders & Leaders to Launch your Web3 Startup.🔥 Foundership & CoachDAO will select the top startups in a 3-week incubation program to invite for the 6-month LaunchCamp.  ### As a 0xScout, we will do this for you: 1\. Foundership Team will host weekly/bi-weekly catch up with you 2\. Foundership will _**reward you with Tokens/NFT for each startup**_ selected for the LaunchCamp program with your reference. 3\. We will open the opportunities to angel invest in other startups from the Foundership cohorts ### Be part of the 0xScout Program and Be part of Web3 Opportunities: **1\.** We invite you to share the upcoming 0xCamp application form👉 [https://tally.so/r/3lbNRk](https://tally.so/r/3lbNRk) **2.** We host the **0xCamp Incubation Program** in many cities and almost every month \-NCR: 30th July 2022 \-Chennai: 10th August \-Mumbai & Pune: 20th August \-Hyderabad: 10th September and \-For all other cities anywhere in India or Global: We have a **0xCamp Global**: 17th September onwards More details: [https://blog.foundershiphq.com/announcing-0xcamp-all-india-0xcamp-global-cl5i58s29291631kpxari2zfo3/](https://blog.foundershiphq.com/announcing-0xcamp-all-india-0xcamp-global-cl5i58s29291631kpxari2zfo3/) **3.** Ask your projects/ startups or web3 teams to mention your email id (in the above form) 👆through which we can identify the startups you spot **4.** We will reach out to you for catch-up 👍 ### Our Promise: 🤝 We live in a transparent world. 👍 Therefore, we will keep our word 100% sure. 🙏 We will fulfill our commitment to rewarding you. 🙌 We have been here for a decade and creating a trustworthy community.🤝 ### Tell me All Things about Foundership 1. 💜 We host "**0xCamp**" - A free 3-week **Incubation** Program to help Founders & Builders Launch Web3 Startup. **Apply** 👉[](https://foundershiphq.com/0xcamps)[https://foundershiphq.com/0xcamps](https://foundershiphq.com/0xcamps) 2. 🚀 We (CoachDAO) select Top Teams from 0xCamp to join 🌟**LaunchCamp** - a 6-month Acceleration Program. 3. 💰 We help Top Web3 Teams to "**Get Funded**". Check👉 [](https://foundershiphq.com/funding)[https://foundershiphq.com/funding](https://foundershiphq.com/funding) 4. ☕️ We host "**0xBreakfast**" across 11 cities on the **1st Thursday of every month**, 9 am to 11 am. 📅 **RSVP** 0xBreakfast: [](https://lu.ma/Foundership)[https://lu.ma/Foundership](https://lu.ma/Foundership) 5. ▶️ We host "**Live Show Web3 Tools**" **every Thursday at 6 pm IST** to help you learn new tools, protocols, products and solutions in Web3. **RSVP**👉  [](https://lu.ma/lsw3t)[https://lu.ma/lsw3t](https://lu.ma/lsw3t) 6. 🙌 We host "**Find Web3 CoFounder**" Networking Mixer on the **Third Saturday of every month** to help you find CoFounders. **Join**👉 [](https://lu.ma/find-web3-cofounder)[https://lu.ma/find-web3-cofounder](https://lu.ma/find-web3-cofounder) 7. 👋 We host **Web3 Masterclasses** too! ### Our Community & Presence🌟 Telegram: [https://t.me/foundership](https://t.me/foundership) Discord: [https://discord.gg/tbDhf5dfrq](https://discord.gg/tbDhf5dfrq) Twitter: [https://twitter.com/FoundershipHQ](https://twitter.com/FoundershipHQ) LinkedIn: [https://www.linkedin.com/company/foundershiphq/](https://www.linkedin.com/company/foundershiphq/) 🌐 Website: [https://foundershiphq.com/](https://foundershiphq.com/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Want to Launch Your Web3 Startup from NCR? Author: Unknown Published: 2022-07-19 Tags: 0xCamp, CoachDAO, Startup Web3 URL: https://blog.foundershiphq.com/want-to-launch-your-web3-startup-from-ncr-cl5s2mdsh301281mqu0d273uwu/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-ncr-1658230518441-compressed.jpg) The government recognized **over 5,000** new startups in Delhi-NCR compared to 4,514 startups in Bengaluru between April 2019 and December 2021 - Data by the Department for Promotion of Industry and Internal Trade (DPIIT). > NCR is home to super startup success and many startup IPOs! ### **How can Web3 Startups be left behind in NCR?** Here is an emerging list of Web3 Startups from NCR.... Unifarm Bliv Soclly QuillHash PlotX Spherium Finance The Coin Weekly MetaWorks Deefy Proton Huddle01 Zo Zo Veyev Fiex Zionverse NFTically Sahicoin Recasa Octaloop and  ... ... .. More **_Thanks to Bliv.Club Community for sharing the above list._** You see the trend! The Web3 trend. PS note: The founders are from NCR but companies might be registered elsewhere.  Web3 Startups from NCR are bound to grow to make a super impact worldwide. _Social Web3 DeFi Gaming Metaverse Infra Consumer Products and more_ _It is easy to launch a Startup! However, the first 12-24 months of a startup are critical. Unfortunately, more than 90% of startups fail in execution as they miss out on finding the right direction._ _Not having support during the idea to the early-building stage to choose the right problem, Technology, market, early validations and more factors add to the fact that 90% of startups fail in execution._ _Failing in a Startup is the costliest problem for a Founder. Founders are the last man standing._  **We have run businesses for decades. So we knew the practical problems to solve this.** We ran several cohorts to help Founders & Leaders learn web3. But the frequent question: **How to Launch a Web3 Startup?** Bringing the best way to Launch a Web3 Startup - **0xCamp by Foundership.** **What's 0xCamp?** ------------------ 0xCamp - **_Launch Web3 Startup._** _0xCamp is a 3-week program to Launch your Web3 Startup. Whether you are in the idea stage or just started building, 0xCamp is for you._ We host the 0xCamp program with masterclasses by Top Web3 Coaches in your city for 1-day and the remaining 3-week on virtual sessions. It is FREE. > **Who are the Coaches? > **We curate successful Web3 founders & leaders who have scaled their business to bring the discipline, performance mindset and execution power to you to grow your startup. They are fighters, survivors and winners. > > Coaches are from Arcana Network, Polygon, OnMeta, Router Protocol, Persistence, OROPocket, Gnosis Safe, Bliv.club and more. 0xCamp is getting **amazing feedback** from founders & builders👇 [https://twitter.com/search?q=0xcamp](https://twitter.com/search?q=0xcamp) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/image-1658230434028-compressed.png) 0xCamp NCR starts on 30th July. 👈 **One-day in-person camp + 3-week virtual camp.** * **1-Day - IRL**​ Masterclasses by Top Web3 Founders & Coaches 1:1 Project review​ Meet & Greet: CoachDAO and Web3 Teams​ Networking with Web3 Folks in the city * **3-Week - IVL - 2 to 3 sessions per week**​ Coach Review - Dedicated Coach per Startup Business Model & Tokenomics Marketing, Community & Product Idea, Market, Customer & Competition Closure Ceremony - Share Experiences Selection of top Web3 teams for LaunchCamp There will be a full-day camp to help you refine your Web3 idea in the right direction. Several masterclasses by coaches from Polygon, OnMeta, Arcana, Persistence and more. Meet Coaches. Meet Founders & Builders. Move Forward. **Applications are open now**. Apply as soon as you can 👉 [https://tally.so/r/3lbNRk](https://tally.so/r/3lbNRk) Want to refer someone, just share the above link.👆🙏 ​[More about 0xCamp](https://blog.foundershiphq.com/announcing-0xcamps-for-launchcamp-cl3yaoki221341oob6no4s2ok/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Is Building On Blockchain Equal To Building In Web3? Author: Unknown Published: 2022-07-15 Tags: blockchain, web3 explained, web3 URL: https://blog.foundershiphq.com/is-blockchain-equal-to-web3/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/is-building-on-blockchain-equal-to-building-in-web3-1657875337582-compressed.png) Is it enough to simply build an app on blockchain to call yourself a Web3 entrepreneur? If not, then what counts as a Web3 project? How do you become a part of this Web3 movement as a Founder? We're going to seek an answer to all such questions that must be popping now in your mind in this episode of Web3Verse. ### In this episode, we'll be demystifying - 1\. When does one become eligible to call themself a Web3 startup founder? 2\. What is the philosophy of building in Web3? 3\. Can a dApp or a Web3 startup be built WITHOUT using blockchain technology? And much more... Plug in your headphones, play the episode below, and let's explore this together! --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing 0xCamp All India + 0xCamp Global Author: Unknown Published: 2022-07-12 Tags: 0xCamp, web3 startups, Global URL: https://blog.foundershiphq.com/announcing-0xcamp-all-india-0xcamp-global-cl5i58s29291631kpxari2zfo3/ With 0xCamp Bengaluru - An instant hit, we're announcing 0xCamp across major cities in India and opening 0xCamp Global. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-0xcamps-india-and-global-1657645905456-compressed.jpg) In case you have missed out on following our updates... ### **What's 0xCamp?** 0xCamp - _**Launch Web3 Startup.**_ _0xCamp is a 3-week program to Launch your Web3 Startup. Whether you are in the idea stage or just started building, 0xCamp is for you._ We host the 0xCamp program with masterclasses by Top Web3 Coaches in your city for 1-day and the remaining 3-week on virtual sessions. > _**0xCamp enables you to find the right direction and opportunities for your Web3 startup.**_ Right Direction: Technology, Market, Early Customer Segments and more Based on 3-week work & conversation during 0xCamp, Foundership & CoachDAO will select the top Web3 teams to join the 6-month [LaunchCamp](https://foundershiphq.com/launchcamp) program. ### How was 0xCamp Bengaluru? * We received 71 Web3 Teams applications. * As a result, we invited 34 teams to the 0xCamp IRL Masterclasses. * We had Coaches reviewing Web3 Teams to select for the remaining 0xCamp IVL sessions. * CoachDAO selected 18 teams to join the 3-week IVL Cohort. * Currently, 3-week IVL Cohort is at full speed. Web3 Teams have a huge appreciation for how the 0xCamp has been structured. Our partners: Polygon, Arcana and OnMeta loved the format! 0xCamp Bengaluru validated our plan to serve more. Launching 0xCamp All India + 0xCamp Global ------------------------------------------ We will be taking 0xCamps to many cities across India such as  \-NCR: 30th July 2022 \-Chennai: 10th August \-Mumbai & Pune: 20th August \-Hyderabad: 10th September and \-0xCamp Global: 17th September onwards ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-global-foundership-1657645928280-compressed.jpg) ### ### How 0xCamp Global? Several Web3 Teams in the idea /early product development stage applied for 0xCamp from the US, UK, Germany, Australia, Singapore, Dubai, and more We also got several applications from many 2nd and 3rd-tier cities in India. _We believe the best teams are there in every city and the world should see 1000s of Web3 companies being built from 100s of cities and not just concentrate in a few cities._ > If you have a Web3 idea or have just started building it, we're coming to you with 0xCamp Global. **A fully 3-week IVL program for Web3 teams anywhere in the world.** **Launch your Web3 Idea to a Startup: 👇** [Apply](https://tally.so/r/wQoRGY) for upcoming 0xCamps All Indian Cities. Apply for 0xCamp Global: [Apply here](https://tally.so/r/wQoRGY) 👈​ ### What our Web3 Startup Teams say about 0xCamp ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-0xcamp-testimonials-1-1657690695730-compressed.jpg) ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-0xcamp-testimonials-2-1657690704615-compressed.jpg) And many tweets 👇 ​[https://twitter.com/search?q=0xcamp&src=recent\_search\_click](https://twitter.com/search?q=0xcamp&src=recent_search_click)​ [](https://twitter.com/sharan01x/status/1540577738452770816) ### What our Coaches say about 0xCamp ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-0xcamp-testimonials-coaches-3-1657690718673-compressed.jpg) [](https://twitter.com/kranirudha/status/1540622153917276165) ### **Our Partners** We’re thankful to our partners for activating the Web3 movement to help more Founders to launch Web3 Startups.🙏 Polygon Technology Arcana Network OnMeta ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-0xcamp-partners-1657643833553-compressed.jpg) We're thankful to our community partners for joining in the mission to enable 1000s of Web3 Founders to Launch Web3 Startups. 🤝 OGClub Headstart eChai Ventures Xperian Web3Learn SuperwomenDAO · · · ​_Whether you are in the idea stage or just started building, 0xCamp is for you._​ [Apply](https://tally.so/r/wQoRGY) for upcoming 0xCamps All Indian Cities. Apply for 0xGlobal for 2022: [Apply Now](https://tally.so/r/wQoRGY) 👈 --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Tokenomics Explained: A Beginner’s Guide Author: Unknown Published: 2022-07-01 Tags: tokenomics, defi, blockchain, cryptocurrency, web3 URL: https://blog.foundershiphq.com/tokenomics-explained/ ![tokenomics explained](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-is-tokenomics-in-cryptocurrency-1656662377173-compressed.jpg) Relying on a gut feeling doesn’t work when the risk involved (if things go wrong) is huge. And in the cryptocurrency world, things can go terribly wrong… As you enter the token world with your money and an intention to invest for reliable returns, the need to understand them to their core becomes necessary. That’s why tokenomics! But first, let’s understand - token. What Is a Token? ---------------- In [**Web3**](https://blog.foundershiphq.com/what-is-web3/) or a blockchain-powered ecosystem, a token is a type of certificate that **represents ownership of a particular asset** and has an underlying value to it. Tokens play an important role in DeFi (decentralized finance). The token can be bought, held, or sold on exchanges. The real value of the token is not in the token itself but in **what asset it is backed by**. There are numerous classifications of tokens based on their **layer**, **fungibility**, **security**, and **utility**. What’s common in all of them is the rise & fall of their value over time or market situations. Tokenomics analyses the potential of such tokens. What Is Tokenomics In Cryptocurrency? ------------------------------------- When we talk about the production, distribution & consumption of goods/services and the monetary value associated with them - we’re talking about economics. Similarly, when we talk about the foundation, worth & ecosystem of a particular cryptocurrency/token and its monetary value - we’re talking about tokenomics. Do you see? The **Economics** of **Tokens** = **Tokenomics**! It's a system to help you decide as per your goals whether to invest in a particular cryptocurrency or not. So, what things are considered while studying the tokenomics of a typical coin in web3? How does it work? Let’s break it down. How Does Tokenomics Work? ------------------------- For tokenomics to work, the following 4 factors are taken into account. ### 1\. Supply of Tokens It’s not as simple as the supply of physical goods. There are 3 types of supplies associated with a crypto project that is - 1. Circulating Supply 2. Total Supply 3. Maximum Supply. **Circulating Supply** Circulating supply is nothing but publicly issued tokens that currently are in circulation. When there is an **increase in the circulating supply** of a particular project, it’s generally a **good sign**. It indicates how actively that particular crypto coin is mining. Such actively mining coins have a great potential to rise. But sometimes, if **too many tokens** are circulated in a short period of time & releases are made **too often**, the chances of its **value getting decreased** is higher. **Total Supply** Not all tokens once released into circulation stay that way. Some tokens are burnt. How? They’re simply sent to a wallet address that cannot be accessed by anyone ever in their entire lifetime. Such tokens that are removed from circulation are referred to as burnt tokens. So, **Circulating Supply** - **Burnt Tokens** = **Total Supply**. These are the tokens that are currently in supply. As a general rule, you should be aware that the more the tokens are burnt, the less becomes the supply. This inflates the value of that cryptocurrency. **Maximum Supply** Some cryptocurrencies have a limit on how much they can be produced. For example, Bitcoin is limited to 21 million coins. This means, **there cannot be more than 21 million bitcoins** in circulation. This maximum limit of token production is called maximum supply. There are also other coins like Ethereum which does not have a maximum supply at all. It can be mined in unlimited amounts. This has a significant impact on how the price of that coin will fluctuate. But still, there is **no ONE answer** to this. Coins with maximum supply may hold good value due to the scarcity in some cases while in other cases, the coins with unlimited supply will be of more worth if their use case is solid. ### 2\. Demand of a Token This is the simplest one to understand. More the demand for tokens -> Lesser will be the supply -> Higher will the price go! The lesser the demand for tokens -> More will be the supply -> The lower may the price go! ### 3\. Distribution & Allocation Even though the demand & supply of a crypto coin of your choice is in your favor, it’s the distribution that can change the game. Before you buy a particular coin, you need to know 2 things - 1. Are the tokens **pre-mined**? Ie. Are they already owned by developers or insiders prior to the launch to the public? 2. Is the token **fair launched**? Ie. Is it directly open for everyone to invest? Pre-mined tokens though pretty common, are prone to the **involvement of whales**. Whales are no one but single entities who own a major share in a circulation. These whale investors can make the coin prices **become manipulative & extremely volatile** as they buy or sell their huge chunk of units. A fair launch in the other case is mostly a sign of a healthy project. There is an equal opportunity for everyone to invest & the presence of whales in such projects is rare. ### 4\. Market Capitalization The market capital of any given crypto coin is the total value of its circulating supply. Ie. **Current Market Price** X **Circulating Supply** = **Market Capital** To understand its effect, all you need to know is that **higher market capital** but with **lower circulating supply** has **immense potential for increasing** its value. If you analyze a cryptocurrency using the above 4 factors, you will have a good understanding of where the graph of the coin will head in the future. But that’s not it. To get a clearer picture, you can go ahead & analyze the following things - * **Find out whether it’s a** **deflationary** **or an** **inflationary** **token. Tokens with limited supply are deflationary and those with no maximum supply limit are inflationary.** * **Understand** **Return On Investment** **(ROI) ie. how much cash flow a particular token can bring if held for a long time.** * **Invest only in the projects that have a** **future outlook****, ie. they address the future issues and actively develop solutions to overcome them. Eg. How Ethereum is working on a solution to improve its transaction speed.** **Only if the cryptocurrency or a web3 project token fulfills the above criteria is it trustable and deserves a long-term investment.** **Besides it, you must also be aware of what’s called -** **liquidity****.** What Is Liquidity In Tokenomics? -------------------------------- **Liquidity in tokenomics is the ability of a cryptocurrency to easily get sold and converted into cash or other coins.** **If a token** **doesn’t have good liquidity****, it becomes** **extremely risky to sell** **or trade it later. Even if you do, it costs a higher slippage fee.** **Having low liquidity also means that the particular coin is significantly volatile in its price.** **Thus it's important to go for the tokens which have higher liquidity.** Final Words ----------- **To sum everything up  -** **tokens with good tokenomics are worth buying and holding****.** **It can bring immense value to your investment.** **On the other hand, tokens with bad tokenomics might just be the product of hype that people may instantaneously sell & get rid of.** **Make your decision wisely!** _**Excited to jump into Web3? Join our**_ [**_blazing web3 community_**](http://t.me/foundership) _**of doers, buidlers & believers.**_ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Web 3.0 Jargons Explained - A Complete A to Z Web3 Glossary Author: Unknown Published: 2022-06-04 Tags: dao, web3 jargons, web3 glossary, dapps, blockchain, cryptocurrency, metaverse, web3, nfts URL: https://blog.foundershiphq.com/web3-glossary/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/web3-jargons-explained-and-web3-glossary-1654333036464-compressed.png) If you’ve just stepped into the Web3 space, you may get overwhelmed just by the extent of tech jargon that is used in typical web3 forums, meetups, discussions, or everywhere around this space. While we never encourage using jargon just to look smart, we understand how Founders, Marketers, or Content Creators can face challenges if they’re not aware of them. So here’s the extensive Web3 glossary for you to take a quick look at when you need to refer to certain terminology. Do bookmark this page! (we'll be keeping it updated) · · · ​A ### Airdrop Airdrop is a marketing technique used by crypto platforms to increase their adoption in the market. In this, the users directly receive native tokens from that particular crypto platform in their wallets. ### Alpha Alpha is the information about the actual ROI (Return on Investment) of your digital assets over their market value. It is like insider information of the value of your web3 assets like Cryptocurrency, NFTs, etc. ### AltCoin Previously, any new coin that arrived in the crypto world besides Bitcoin was referred to as AltCoin. But today, only the coins with a smaller market cap or user base are labeled as AltCoins. ### Alts Alts is the short form of AltCoins. ### Augmented Reality (AR) AR is a technology where a user puts on the glasses, or a visor or uses a screen to view computer-generated imagery superimposed on the real-world view. The composited imagery can be regarding real-time data, status, or information of the objects in that particular periphery. ### Artificial Intelligence (AI) When Natural Language Processing (NLP), Machine Learning (ML) & Natural Language Understanding (NLU) is used to build a task-performing computer system, without the need for active human intervention, is what we say AI. In short, AI automates tasks based on the ‘If This - Then That’ philosophy. ### Ape Ape in web3 is a person who puts a lot of money in cryptocurrencies or NFTs without any research of that particular asset. This act of heavy investment when happens as a result of hype or panic buying is also referred to as Ape. ### Avatar A digital icon or a character that represents a real-life person is called an Avatar. It can be used in video games, online forums, chatrooms, virtual reality, etc. ### All-Time High (ATH) The all-time highest price of a particular web3 asset. ### All Time Low (ATL) The all-time lowest price of a particular web3 asset. ### Application Binary Interface (ABI) ABI is the interface between two binary program modules at the level of machine code where one of the modules is an operating system facility while the other is the user ran program. It’s a term used in computer software & programming. ### Application Programming Interface (API) API connects 2 different software or programs and allows them to interact with each other. Once the API Key is connected, sharing or pushing the data from one application to another becomes possible. ### Archival Nodes Archival Nodes are the full nodes in the blockchain. They keep the complete history of transactions that happened since the first block of the particular blockchain. ### Alchemy Web3 Alchemy Web3 is the drop-in replacement for web3.js. It is built to work flawlessly with Alchemy and provide multiple advantages. · · · ​B ### Bear Market Similar to the stock exchange, the bear market in the crypto world occurs when the financial market is declining. ### Bull Market Similar to the stock exchange, the bull market in the crypto world occurs when the market is rising. ### Bearish Bearish is when the value of cryptocurrency decreases over time. ### Bullish Bearish is when the value of cryptocurrency increases over time. ### Bitcoin Bitcoin is the first decentralized digital or a cryptocurrency built on a peer-to-peer network using blockchain technology in 2009. It was created by a pseudonymous Satoshi Nakamoto. ### Block Block is a single unit from the entire blockchain containing data or information about a particular transaction. It is linked to the previous & the further block, thus forming a chain. ### Blockchain Blockchain is the technology where transactional data is stored in the form of chunks (blocks) across the nodes of a computer network. As each block is linked to the previous and the next one, it forms a chain - thus, a blockchain. It stores the information in the form of a distributed database. Data stored in a blockchain is irreversible, irreplaceable, and non-modifiable. ### Blockchain Domains Domain names minted on the blockchain are called blockchain domains. ### Block Explorer Block explorer is a tool that helps users to browse information regarding blockchain. The information can be of transactions, market cap, wallet addresses, etc. ### Bridge How to make 2 separate blockchains interact with each other? It’s with the bridge! This allows the transfer of data or tokens between two completely different systems. ### Buidl Buidl is an intentional misspelling of ‘build’ done amongst web3 communities to use in reference with HODL. ### Burn Burn is when someone removes the crypto tokens from the circulating supply and moves them to the inaccessible wallet address. ### Base Fee The base fee is the fee that users must pay on the Ethereum network to get their transactions done. The amount of fee is algorithmically determined based on how much the new block is filled, ie. whether is filled more than 50% (fee is increased) or less than 50% (fee is decreased). ### Block Gas Estimator Feed Block Gas Estimator Feed calculates the gas prices one may need to pay for the next block. The calculation or the estimate is based upon the in-flight transactions that are in the mempool (pre-chain stage). · · · C - ### Centralized A system structure where the authority, power of control & decision making is given to a small group of people. ### Centralized Exchange (CEX) A cryptocurrency exchange platform that is owned and managed by a centralized organization, business, or company. ### Centralized Finance (CeFi) Centralized business functioning in crypto. ### Coin A coin is a native currency built on the blockchain for a particular platform. It is specifically built to store value and transact in that ecosystem. ### Collateral Collateral is an asset accepted as a security against a loan. In the physical world, it can be a real estate property. In the web3 world, it can be an NFT. ### Consensus Consensus is an agreement between nodes on a blockchain. It is necessary for verifying new transactions and adding new blocks to a blockchain. ### Consensus Mechanism The process of consensus for a transaction ie. an agreement between nodes to carry the transaction on the blockchain is called the consensus mechanism. ### Computational Infeasibility Computational infeasibility is a process that may take impractically a long time (eg. a million years) for anyone who is interested in it to get executed. ### Cryptocurrency Cryptocurrency is a decentralized digital currency whose transactions are verified and recorded on a network of nodes (computers) using cryptography. Unlike fiat currency, it doesn't need a bank or a trusted centralized authority to function. ### Cryptography The practice of encoding and decoding the information/data in the form of computerized codes is called cryptography. ### Cold Wallet Piece of hardware or any offline device that is used to store the cryptocurrencies and private keys. It is not connected to the internet so is safer than a regular wallet. ### Confirmed Transaction When a transaction is done, recorded and the information is stored in the block, thus getting permanently added to the blockchain is when it is called a confirmed transaction. ### Canceled Transaction When the user re-submits the transaction identical to the previous one but with a higher gas limit, it is mined before the previous transaction. When this replacement transaction is confirmed, the previous one gets canceled. It is then called the canceled transaction. ### Chainlink Chainlink is a cryptocurrency that incentivizes the global network of computers to provide authentic data to the smart contracts running on the blockchain. ### Creator Economy It is the software-facilitated economy made up of the content creators, curators, and community builders where the content producers are able to monetize their creations. · · · D - ### Decentralized A system structure where the authority, power of control & decision-making is not given to a central figure or people. It is distributed across a peer-to-peer network. ### DAO (Decentralized Autonomous Organization) DAOs are organizations that focus on a very specific project or a mission and are governed by their users. They are based on open-source code and function as per the guidelines written on the blockchain. ### dApp dApp is a short form of Decentralized App. It is similar to the regular application but is built with a decentralized blockchain network using smart contracts and web3.js libraries. ### Degen Degen stands for - degenerated gambler. It is used to refer to an individual who takes risky bets in the crypto space. It is somewhat similar to ‘Ape’ but can be called to almost anyone who transacts in crypto or DeFi. It is not a negative term though.  ### Digital Twin An identical digital version of a real-life object. ### Digital Identity The online identity of a person or an organization that is used by computer applications as a representative agent. ### Data In terms of the web world, data is the personal information of the user that consists of his/her name, contact information, demography, browsing history, location track records, etc. ### Due Diligence (DD) Due Diligence is the process of conducting research about crypto, stocks, or any value-based assets before investing in them. ### DeFi - Decentralized Finance Decentralized Finance is finance that enables transactions through the peer-to-peer network without needing to have an intermediary like a bank in between to authorize the transactions. It uses smart contracts on the public blockchain. ### Decentralized Exchange (DEX) DEX or Decentralized Exchange is a crypto exchange platform that works on the basis of peer-to-peer network transactions and is devoid of any intermediary. ### Double Spend Double spend in Web3 happens when someone alters a blockchain network to insert a falsified block that allows them to reacquire the spent crypto coins. It is nothing but an intentionally done fork. ### Dropped Transaction Dropped transactions are the transactions that were added to the transaction queue in the mempool, but were not mined or confirmed on the blockchain. The common cause for a dropped transaction is having insufficient gas. ### Diamond Hands A person is said to have diamond hands when he/she holds a cryptocurrency or any crypto investment with a bullish mindset, irrespective of their market volatility. If the instrument value drops to 40% in a day, the person holding it who has no intention to sell it is said to have diamond hands. ### Difficulty Certain time & computing power is required to verify the transactions and do the mining for the blockchain. This time & power is defined on the basis of the level also called difficulty. ### Difficulty Bomb A difficulty bomb is the process of a sudden increase in the difficulty of a proof-of-work blockchain, in order to encourage the transition to proof-of-stake. This applies in the case of Ethereum. ### DYOR DYOR is an abbreviation for Do Your Own Research. It is used to remind the investors in the Web3 world to conduct their own research about the instruments and market before investing in them. ### Distributed Ledger When digital data is replicated, shared, and synchronized, its database or a ledger is maintained in a decentralized form. This allows the ledger to be spread across multiple sites, institutions, or even countries without the need for a central administrator. This ledger is called the distributed ledger. ### Distributed Ledger Technology (DLT) DLT is a technology that enables access, validation, and record updating tasks in blockchain in an unchangeable manner across diverse networks. · · · ​E ### Ethereum Ethereum is the blockchain platform that is open souced & decentralized. It allows the users to write & deploy self-executing smart contracts that live on the blockchain and enable dApps to run by themself. ### Ethereum 2.0 When Ethereum was migrated from the Proof-of-Work consensus mechanism to the Proof-of-Stake consensus mechanism, the new consensus layer was then termed Ethereum 2.0. ### Ether (ETH) Ether or ETH is the native cryptocurrency of the Ethereum network. It is bought, sold or exchanged through various cryptocurrency exchanges. ### Ethereum Improvement Proposal (EIP) A standardized format that is used in the Ethereum Community to present a new process or a feature is referred to as EIP. ### Ethereum Request for Comment (ERC) Smart contract developers need technical documents to define the protocol required to implement tokens in the Ethereum ecosystem. These technical documents are called Ethereum Requests for Comment or ERC. ### ERC-20 ERC-20 is the token standard that provides the smart contract structure for the fungible tokens. ### ERC-721 Unlike ERC-20, ERC-721 provides the standardized smart contract structure for creating unique tokens or non-fungible tokens (NFTs). The ERC-721 tokens have specifically identifiable property per token that makes them non-fungible. ### ERC-1155 The ERC-115 standard allows a single smart contract to manage fungible, non-fungible, and semi-fungible tokens simultaneously. ### EIP-1559 EIP-1559 was one of the five Ethereum Improvement Proposals that stressed on increasing the mining speed of Ether and incentivizing the miners in return. ### EOA Transaction When a transaction happens between one or more externally owned accounts that are controlled by private keys, it is called the EOA transaction. EOA stands for Externally Owned Account. ### Ethereum Virtual Machine (EVM) Blockchain developers use the EVM software application to deploy dApps on the Ethereum blockchain. The EVM then interacts with Ethereum’s accounts, smart contracts & distributed ledger. ### Extended Reality (XR) An immersive technology that creates an experience combining the virtual world with the real world using Augmented Reality (AR). It can also be sometimes referred to as Mixed Reality (MR). ### Encryption In the context of Web3, encryption is the process of encoding the data where original information known as ‘plaintext’ is altered in a form of ‘ciphertext’. Only a user who has the key or an authority to access the data can convert the ciphertext back to plaintext to read the original data. · · · ​F ### Few Few is a short version for ‘Few Understand’. It’s a term that expresses a cry of crypto early adopters who think they are too early now but they’ll make huge money when the crypto scene takes off in the future. ### Fiat A currency that is regulated by the government. It’s the only one that is established as a legal tender in a particular country. Rupees, Dollars, Pounds, etc. are all fiat currencies. ### Flippening The possibility of Ethereum surpassing the value - based on the market cap of Bitcoin, will be called ‘flippening’ amongst crypto folks. It’s just a possibility as of now. ### FOMO - Fear of Missing Out In the context of the crypto world, FOMO happens to those enthusiasts who haven’t invested anything in a particular asset yet, but the rise in the value of that asset makes them anxious and regret the decision of not investing earlier. This makes them step into the game, though late. ### Failed Transaction A failed transaction is an unsuccessful transaction on the Ethereum blockchain that cannot be reversed, canceled, or refunded. ### Full Nodes A full node is a hardware ie. a computer device or a server that downloads an entire blockchain and validates the blocks. Miners are one of the most common examples of servers running full nodes on Ethereum. ### Fork When a change is done in a blockchain protocol, it’s called a fork. If the changes are minor, it’s called a soft fork, whereas if the changes are done on the fundamental level, it’s called a hard fork. A hard fork often leads to the formation of an entirely new chain with a new set of rules. ### Fractionalize Fractionalization is done in the non-fungible token to allow a community to become an owner of a single asset. For this to happen, NFT is locked into a smart contract and then divided into fungible tokens. ### FUD - Fear, Uncertainty & Doubt A false exaggerated negative news that surrounds a particular asset/investment instrument. ### Fungible Something that is replaceable. · · · ​G ### Gas Gas is a unit that is used to measure the computational power required to perform a certain transaction on the blockchain. ### Gas Fee The gas fee is an amount of crypto that a person needs to pay to get done a transaction or execute a smart contract on Ethereum. The more complex the transaction, the higher the fee. ### Gas Limit Only a certain amount of gas is authorized to get consumed by the miners. This maximum amount is called the gas limit. ### Gas Price The amount of Ether (ETH) a user is ready to pay per unit of gas for a particular transaction is called a gas price. The gas price is denominated in Gwei. ### GameFi GameFi is the term formed by combining Gaming & Decentralized Finance (DeFI). Games that are P-2-E ie. are played to earn, are classified as GameFi. ### Genesis Block The first block in a blockchain network is called a genesis block. ### Geth Geth is an implementation of an Ethereum Protocol written in Go. Geth stands for Go Ethereum. ### Gorli It is a community-based proof-of-authority (PoA) Ethereum testnet. It allows Web3 developers to test smart contracts in a sandbox. ### Gwei Gwei is the smallest fraction or the denomination of Ether (ETH). ### GMI To support and motivate a certain person or a project, the crypto folks use the term GMI meaning ‘Gonna Make It’. ### GM Just as we say gm as ‘good morning’ on our regular chat, the crypto circle too popularly says it in the community. · · · ​H ### Hard Fork A major change done in the protocol in a blockchain at the fundamental level is called a hard fork. If this happens, an entirely new chain needs to be formed.  ### Hashing Hashing is done to allow the data to be verified and stored in a secured manner. It is the process in which information is taken irrespective of its size which is then turned into a fix-sized corresponding fingerprint. ### Hash Function Hash Function is a cryptographic algorithm. It helps in mapping an input of random size to a unique output of fixed length bits. ### Hash Rate Hash rate is the time taken by a computer to guess the solution of crypto puzzles. It is also known as the Hash Power. ### Have Fun Staying Poor (HFSP) The Crypto community uses the term HFSP for those who have neither invested in cryptocurrency nor do they believe in its power. ### HODL Once a user GameKyuuby posted on a forum called BitcoiTalk that he was ‘hodling’ his bitcoin even though the market fell. He wanted to say holding but did a typo as ‘hodling’. This misspelling later became popular amongst web3 folks and is used as it is to date. Some even made HODL an acronym for ‘Hold On for Dear Life.’ ### Holding the Bag When an asset you hold in the crypto world drops in its value, but you still keep it holding - is called holding the bag. This is an unfortunate position to be in. ### HD Wallet HD in HD Wallet stands for Hierarchical Deterministic. This kind of wallet uses hierarchical deterministic key creation & transfer protocol (BIP-32). ### HD Wallet Seed HD Wallet Seed is a value in form of words that is used to generate a master private key and the master chain code. · · · ​I ### ICO - Initial Coin Offering As traditional companies go IPO for raising funds from the public in exchange for shares, ICO is a type of offering done by crypto-based project owners that offer tokens to the public in order to raise funds. It’s a type of crowdfunding. ### IEO - Initial Exchange Offering IEO is somewhat similar to ICO. But in IEO, crypto-based project owner doesn’t directly sell new tokens to the public. Instead, an existing currency exchange manages its coin distribution and regulates it to an extent. ### Internal Transaction When a transaction happens between one smart contract and another smart contract, it is known as an internal transaction. ### IRL IRL stands for - In Real Life. Whenever a program, meetup, event, or merely the discussed topic is to happen physically, it’s referred to as IRL amongst the Web3 community. ### IVL IVL stands for - In Virtual Life. Whenever a program, meetup, event, or discussion is to happen online, it’s referred to as IVL amongst the Web3 community. ### Immersive Social Immersive social uses technology like virtual reality to create a computer-generated environment where users can interact with each other, thus stimulating a real-world social scenario. ### Inter Planetary File System (IPFS) IPFS is a peer-to-peer network that is used to share and store data through a distributed file system. · · · ​K ### Key Key is an alphanumeric code that is used to gain access to digital assets. In the web3 world, one has 2 keys, ie. the public key which is an address to the wallet, and the private key, which allows the user to access the assets he/she owns. ### Kovan Kovan is an Ethereum testnet. It is a form of proof-of-authority and publicly available testnet. · · · ​L ### L1 - Layer One The main blockchain in the multi-layer blockchain network is called L1 or Layer One. Eg. Ethereum, and Bitcoin are both Layer One blockchains. ### L2 - Layer Two Layer Two or L2 is a framework or a protocol that sits on top of the Layer One blockchain in a multi-layer blockchain network. It is also known as the ‘secondary layer’ of that particular blockchain. ### Light Nodes A light node is a computer that can be used as a gateway to the blockchain. It is connected to the full nodes. This computer neither validates a block nor maintains the entire blockchain. ### Liquidity The ability of an asset to get sold or converted into another asset is measured in terms of liquidity. The quicker or easier it is to sell, the more is its liquidity. ### Liquidity Pool In the web3 world, users must provide liquidity on the exchanges as no central authority exists to do so. Thus, when user-provided funds are locked into a smart contract to make them ready to be traded on the decentralized platforms, it’s called a liquidity pool. ### Lambo Lambo is a short form of Lamborghini. The term is used as a remark in a fun way about reaching a position where one has enough money to purchase a Lamborghini car. It’s seen as a milestone of success. In the web3 world, when a certain asset value is expected to grow at heights, th4 investor starts dreaming of owning a ‘Lambo’. ### Light Client The light client allows selectively downloading small parts of the blockchain without the need to spend huge bandwidth & storage on validating the entire blockchain. This is done to maintain the same level of security for the devices with lower power or smaller storage. · · · M - ### Mainnet The Layer One blockchain in a network is referred to as the mainnet. Mainnet stands for - Main Network. ### Market Cap In cryptocurrency, the market cap or market capital is the value of a single coin multiplied by its total supply. This shows the total value of that particular asset in the market. ### Master Node A master node is a node that verifies transactions and stores the complete history of a blockchain. It may also participate in the governance and special operations in the blockchain network. ### Meta Meta is a renamed company that was popularly known as Facebook earlier. It is owned and led by Mark Zuckerberg whose intention in naming Facebook to Meta was to build it to utilize the full potential of Metaverse. ### Metaverse An online virtual space (still in the making) that is completely built using computer-generated imagery and serves as a 3D virtual social network is called a Metaverse. People can interact with each other in this virtual world using avatars ie. digital versions of themselves. ### MetaMask MetaMask is a software type of cryptocurrency wallet that is available in the form of a browser extension or a mobile app. You can store your private keys, do a secure login, can be used to exchange tokens, and perform various other functions using MetaMask. It mainly interacts with the Ethereum blockchain. ### Mining Mining is an activity in the crypto world where miners verify and validate the transactions, organize the data into the blocks and add those blocks to the blockchain. ### Minting Minting is an activity where a user validates the ownership of a digital asset and registers it to the blockchain. ### Max Fee Per Gas Max Fee Per Gas is the maximum amount of fee (in the denomination of gwei) a user is willing to pay for getting his/her transaction added to the blockchain. ### Max Priority Fee Max Priority Fee is an incentivized fee directly paid to the miners for adding your transaction to the block. It is an additional fee that is completely optional. ### Mempool Mempool is where all the pending transactions in an Ethereum blockchain network are stored before they get mined. It is also known as a transaction pool, transaction queue, or pre-chain. It is a data structure that is spread all across the Ethereum nodes. ### MEV MEV is the Miner/Maximal Extractable Value. It shows how much profit a miner can make by working on a particular transaction in a block. ### Moon / To The Moon! It’s an exclamatory term that is used to describe how high the value of a particular asset may go. The value will go so high that it will reach the moon! (not in a literal sense though) ### Moonboy Some experts or influencers are too positive about a certain digital asset and think that it will ‘go to the moon’, meaning its value will rise to the highest. Such experts or influencers are called Moonboys. ### Mixed Reality (MR) Mixed reality is an immersive technology where elements/environment of the real physical world is combined with the computer-generated virtual world. Augmented Reality (AR) is also a type of Mixed Reality as the computer-generated imagery is superimposed on the real-world view via screen or a visor. · · · ​N ### Non-Fungible Token (NFT) NFTs or Non-Fungible Tokens are irreplaceable, non-transferable, and non-modifiable tokens that act as a digital certificate used for proving ownership of a particular asset, mostly in a digital world. Blockchain technology is used to assign the ownership of a particular NFT to a user. ​[**How To Buy & Sell NFTs?**](https://blog.foundershiphq.com/how-to-buy-and-sell-nfts/)​ ### NFT Domains Domain names that are minted on the public blockchain network are known as NFT domains. These domains give the users complete ownership of their stored data. One can also set their web3 username using this domain. ### Nonce Nonce in cryptography is a short form for - Number Used Once. It is a random number that is generated for very specific use in cryptographic communication. It is mainly used in Ethereum transactions. ### Notify Notify is nothing but a javascript library. Blockchain developers can use it to deliver real-time notifications for Ethereum and Polygon-based transactions. ### NGMI NGMI stands for ‘Not Gonna Make It’. It is used as an expressive term to say that a particular asset is not going to grow or increase in its value. ### NoCoiner A person who neither has any idea of what cryptocurrencies are nor does he/she invest in it is called a NoCoiner. ### Node A device that is connected to a blockchain network and performs various functions like validating a transaction, storing historical data of a blockchain, etc. is a node. The hardware-based infrastructure created by various nodes spread across the globe is what makes peer-to-peer networks in blockchain possible. · · · ​O ### Off-Chain A data or a transaction that is not present in the blockchain ie. present outside is known as off-chain. ### On-Chain A data or a transaction that is present on the blockchain and is visible to all the nodes in historical transactions is called on-chain. ### On-Board In order to onboard new users to dApps, web3 developers use an open-sourced javascript library known as on-board that allows them to streamline the wallet development process. ### Oracle Oracle supplies data to the smart contracts from the outside world, as the data present off-chain is not available to them otherwise. ### Open Platform A platform on which any developer can build an app taking benefit of its open standards. · · · ​P ### P2P - Peer to Peer A network of computers that interact with each other without needing a central entity or a moderator. ### Paper Hands A person is said to have paper hands when he/she sells a crypto asset when the markets were falling. Such a person is seen as a weak-minded investor who bore a loss. ### PFP PFP is a short form of Profile Picture. In web3 it is used to refer to the profile picture of NFT. ### Private Key A private key is a type of password that is used to authorize digital transactions. It is also used in order to withdraw the digital assets from the wallet. One doesn’t share it with anyone, thus - the ‘private’ key. ### Public Key A public key is like your bank account number. It is an alphanumeric key that serves as an address for your wallet. As one needs to share it with the public unlike a private key, it is called a ‘public’ key. ### Potentially Promising Potentially promising was a term first said by Elon Musk. He used it to refer to the planned upgrades of Dogecoin. The term is sometimes used sarcastically, and other times seriously. ### Proof of Stake (PoS) Proof of Stake is a consensus mechanism built to verify transactions and mint blocks in the blockchain network. It required nodes (also known as validators) to stake a certain amount of cryptocurrency for validating the transaction. In case, the validator validates a fraud transaction, a part of their stake is slashed. ### Proof of Work (PoW) PoW too is a consensus mechanism that consists of a complex mathematical puzzle that a miner needs to solve to go ahead and mint blocks and complete transactions. Once a miner solves a puzzle, he is rewarded and gets access to a new block to be minted. ### Protocol A protocol is a form of software that serves as the main layer in a blockchain network. It sets the foundation for that particular blockchain. But now it has become common for both the Layer 1 blockchain and Layer 2 app built on the network to be referred to as a protocol. This is because they both sets rules of what happens in that blockchain. ### Pending Pool Transactions that are ready to get processed in a mempool are called pending pool transactions. ### Pending Transaction Pending transactions are the transactions in the mempool, that are in a pre-consensus state but are not yet confirmed and added to the blockchain. ### Pre-Chain Pre-chain is another term for transactions in the mempool that are in progress but not yet confirmed. ### Pre-Consensus Pre-consensus is another name for pre-chain or pending transactions. They are the transactions in progress in the mempool that are not yet confirmed or added to the blockchain. ### Pending Simulation Transaction It is like a tool to access the real-time information of pending transactions in a mempool. ### Permissionless It is a characteristic of the decentralized open blockchain networks which are available for everyone to participate in the data validation process but do not require a central entity like a bank or regulatory body to authorize it. ### Public Key Cryptography It is a technique used in cryptography where a sender’s public key is used to encrypt a message and the receiver’s private key is used to decrypt the same. · · · ​Q ### Queued Pool Mempool consists of the pool of transactions that are not ready to get processed yet. This pool of out-of-order transactions is called queued pool. · · · ​R ### Rekt It's a slang term used in a chat to express how wrecked or messed up one has become by suffering a huge loss in crypto. ### Rug Pull Rug pull happens in web3 when a scammer promotes the tokens for their web3 project, increases the value of the project, and then sells everything all at once dropping its value to zero. In other cases, if someone owns a large portion of a circulating supply, it makes the asset highly centralized. Now if they sell their portion all at once, a heavy drop in the value of the asset occurs. This too is called a rug pull in web3. ### Rollup Rollup is a method of scaling up in web3 where fees on transactions are reduced by clubbing multiple transactions off-chain and then submitting them as a single transaction on the main chain. ### Replacement Transaction A new transaction done to speed up or cancel a previous transaction is called a replacement transaction. ### Rinkeby Rinkeby is a Proof-of-Authority Ethereum testnet. It helps smart contract builders to test the code before deploying it to the Ethereum mainnet. ### Ropsten Ropsten is another Ethereum testnet that helps blockchain developers test their smart contract code without paying a fee or spending any money. · · · ​S ### Smart Contract Smart Contract is a code written by developers that are used to build a decentralized application on a blockchain network. This code is nothing but a set of instructions that enables a dApp to function on its own in a permissionless manner. It allows the users to transact in a secured way. ### Smart Asset A virtual token represents ownership of a physical or a digital asset. It can be traded as defined by its smart contract. ### Satoshis / Sats Satoshi is the smallest denomination of Bitcoin. 1 Satoshi equals 0.00000001 of a BTC. Sats is a short form for Satoshis. It is named after an unknown person Satoshi Nakamoto that is said to be the initiator of Bitcoin. ### Scalability The capacity of a protocol to increase transactions and fulfill rising demand as the network grows is called scalability in the blockchain ecosystem.  ### Seed Phrase A single wallet in crypto can have multiple accounts. Each account can have multiple private keys. Setting different passwords to all of them may be confusing to the users. So a single phrase or word is used as a common term in all the passwords and then combined with individual variations. This common phrase in a password is called a Seed Phrase. ### Ser Ser is a misspelling of ‘Sir’. It’s another intentional misspelling used amongst web3 folks. ### Serialization In the Ethereum network, a process is done to convert a data structure into sequential bytes. This process is called serialization. ### SHA-256 It is a set of hashing functions in cryptography designed by the National Security Agency (NSA). SHA stands for Secure Hashing Algorithm. SHA-256 generates a sequence of letters and numbers out of the data. This sequence is called a hash. This hash represents data that is used as its secure placeholder. ### Sharding In order to achieve scalability in the crypto, nodes of blockchain networks are separated into groups. This method is known as sharding while the groups of nodes are called shards. Sharding takes away the necessity of every single node to process each and every transaction. They are able to reach a consensus on behalf of the entire network. ### Shilling A person is said to be shilling when he/she heavily promotes a particular asset with the hope of encouraging its adoption and increasing its value. It's a negative act where a person promotes the asset by spamming on social media or in groups and forums. ### Sidechain A sidechain is a parallel blockchain that is connected to the main chain via two way link. It is built to allow seamless data transmission between the two, either to add functionality to the blockchain or empower it to scale. ### Slashing When a validator approves a fraud transaction that may endanger the blockchain, he/she is punished by burning or redistributing his/her staked coins. This act is known as slashing. ### Slippage The price of cryptocurrency is volatile and changes every second. Thus, when a person places an order, there may be a difference between the price at which the order was placed and the price at which the order was executed. The difference between these prices is what is called slippage. ### Shitcoin A crypto coin that is baseless and has no value, potential, or use-cases is funnily called shitcoin. ### SDK SDK is a Software Development Kit that is a collection of software tools that developers can use to deploy decentralized applications in a developmental environment. It is also called a devkit. ### Searcher People who are constantly on the lookout to find opportunities for extracting value for miners are called searchers. ### Speed Up Transactions When a new transaction is done as a replacement to overwrite the current pending transaction, sometimes done by traders to exploit the arbitrage opportunities, it is called a speed-up transaction. ### Stuck Transactions Transactions that cannot be mined due to issues like nonce gaps in Ethereum are called stuck transactions. ### Soft Fork When minor changes are done to a blockchain protocol, it is called a soft fork. It does not require the creation of an entirely new chain like in the case of a hard fork. ### Solidity Solidity is a programming language that is used to write the smart contracts for the Ethereum network. ### Stablecoin Crypto tokens whose values are backed either by fiat currency like INR, USD, etc., or by physical assets like precious metals. ### Solana Solana is a public blockchain platform on which decentralized applications can be built due to its smart contract functionality. It is said to have faster transaction times and lower fees than networks like Ethereum. While Ethereum can handle 15 to 20 transactions per second, Solana can handle as many as 50,000 transactions per second. ### State A situation of a blockchain system at a particular moment in time is known as ‘state’ in the web3 world. The state includes multiple aspects of a blockchain such as order per transaction, amount per transaction, and account balances. ### Stale When a new block is created in presence of the block with a similar parent, the new block is of no use. This is called a stale & such block generally gets discarded. · · · ​T ### Testnet A short form for Test Network. It creates an environment of a mainnet and is used to test smart contracts or network upgrades before deploying them to the mainnet. ### Top-Level Domain (TLD) Similar to web2 domains (dot com, dot in, etc.), TLD in web3 is the extension used after (dot) of the domain name. Eg. .nft, .crypto, .x, etc. ### Token A token in the blockchain is like a virtual certificate that represents ownership of a physical or a digital asset. Tokens can also be used to interact within a decentralized application. ### Tip A tip is a fee that one can pay to a miner as an incentive to get their transaction included in the blockchain. It is completely optional. ### Tokenomics The word tokenomics is formed by clubbing the words Token and Economics. It’s the study of the elements that makes a particular cryptocurrency a valuable asset for its investors. The study covers all the aspects of a particular cryptocurrency like its supply, vesting, and utility. [**Read more about Tokenomics.**](https://blog.foundershiphq.com/tokenomics-explained/)​ ### Total Value Locked (TVL) It's the amount of total value that assets locked in the smart contract hold. The value is generally measured in USD. ### Transaction An instance of buying, selling or any exchange activity that results in the writing of data on a blockchain is called a transaction. The transaction in web3 is successful only when enough nodes have validated it and the block is added to the blockchain. ### Transaction Event Stream It's the live streaming of all the transaction events happening in the mempool. ### Transaction Settlement A transaction is settled only when the entire block consisting of the transaction data is accepted or hashed by the miner. This act is called the transaction settlement. ### Transaction  Status Transaction status indicates at what stage the transaction currently is. It includes - Confirmed, Failed, Dropped, and Stuck. ### Transactions Per Second (TPS) TPS is a measure of how many transactions a blockchain is able to handle per second. It is then used to identify the computational power to set a benchmark. ### Txn Hash Txn Hash is a short form for Transaction Hash. It is a unique identification alphanumeric code given to a particular transaction. It can also be called a transaction ID. You can use it to find the details of a particular transaction. ### Trustless Trustlessness is an element of blockchain where there is no relying on a third-party entity like a bank or a government authority for verifying trustability. It is a way how cryptographic and smart contract transactions function. Here trustless doesn’t mean being untrustworthy, but something that doesn’t require trust to function. · · · U - ### UX (User Experience) UX is a design principle where an application, interface, system, or product is crafted and optimized in such a way that the interaction with it is easier, effective, and memorable for the user. ### Ultrasound Money The term Ultrasound Money is used as refute where the belief of Bitcoin being a ‘sound money’ or a hard currency is proved wrong. In this case, they believe that Ethereum will be more ‘sound money’ after the merge of post-EIP 1559 and post-ETH2. ### Up Only It’s more of a sarcastic saying where one refers to the value of cryptocurrency or any digital asset as ever-increasing. This is usually said by investors who are taking a bullish stance on a particular asset. · · · ​V ### Vaporware In some cases, a product is announced & even marketed, but the product itself doesn’t exist and never gets made. Such a product or a project is known as vaporware. ### Virtual Currency A currency that is present only in the electronic or digital form and has no physical representation is called virtual currency. Cryptocurrencies are virtual currencies that can be traded from cryptocurrency exchanges & have no physical world existence. ### Virtual Economy A virtual economy is an economy that functions on the basis of digital asset transactions where exchanges are made using cryptocurrencies. ### Virtual Reality (VR) VR is a bit different than AR. Here, VR glasses or goggles are used to create an immersive experience in the virtual world. The person does not see any live view but recorded or computer-generated imagery with real-time stimulated vision. · · · W - ### WAGMI WAGMI stands for “We’re All Gonna Make It!”. It’s the motivational affirmation used amongst the crypto trading communities to create a positive outlook. ### Wallet A wallet is a software app or a hardware device on which the private keys of blockchain assets can be stored. It does not store actual coins or tokens in it, but only the private keys that are proof of ownership of that asset & make it accessible. ### Wallet Address A wallet address is a publicly available code or a public key of your blockchain wallet. It is like a bank account number if compared to the fiat world. ### Wei Wei is the same as Gwei. It is the smallest denomination of the Ether (ETH). It was named after crypto pioneer Wei Dai. ### Web 1.0 Web 1.0 or Web1 is generally referred to as the earliest form of the internet where platforms were simply used to publish information and were owned by single entities. Users were merely able to read the information without any scope of interaction. ### Web 2.0 Web 2.0 or Web2 is referred to the internet where social media made its emergence. It is an internet where the platforms are owned by a single entity, but users can participate and contribute to the content. ### Web 3.0 Web 3.0 or Web3 is the evolved version of the internet based on blockchain technology where the ecosystem is decentralized. No single entity has the authority over the platforms and the system functions as per the agreed set of rules or the protocols. The user in Web3 is the consumer, contributor as well as owner. ​[**What Is Web3 & Why Does It Matter?**](https://blog.foundershiphq.com/what-is-web3/)​ · · · X - ### xDai Chain xDai chain is a Proof-of-Stake Ethereum sidechain. It offers quicker and cheaper transactions than Ethereum. · · · ​Y ### YOLO YOLO is an abbreviation for You Only Live Once. It is said when a person invests too much in a single asset making it a risky bet. · · · ​ Z - ### Zero Address A destination address of a contact creation transaction in Ethereum that is composed entirely of zeroes. # - ### 51% Attack When an individual or a single organization gains control over half of the mining power or nodes, they try to manipulate things & do malicious activities. This attack in the crypto world is called the 51% Attack. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing 0xCamps for LaunchCamp Author: Unknown Published: 2022-06-03 Tags: 0xCamp, Startup, LaunchCamp, Web3 project, web3 URL: https://blog.foundershiphq.com/announcing-0xcamps-for-launchcamp-cl3yaoki221341oob6no4s2ok/ ​​​​​​​​ **Building a Web3 startup** is like jumping off a cliff and building an airplane on the way down. _But, unlike the old Web2 world, there is no cookie-cutter approach to Web3!_ And, we don't believe a company will be ready in 8 weeks or 12 weeks. So, we don't believe in the cookie-cutter incubator-accelerator approach of 3 months program. We believe in a longer format of engaging with founders and being with them to make it happen. Hence, we don't do typical 8 or 12-week programs. Introducing Foundership's LaunchCamp - A 6-month program for Top Web3 teams building defining Web3 companies of tomorrow! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-0xcamp-1654427529056-compressed.jpg) **In LaunchCamp, we are with you for 6-months to enable you at every stage, i.e., Launch, Accelerate growth and Drive adoption.👍** We don't take hundreds of Web3 projects every month in order to help just a handful of top companies. 🌟 Instead, we work with a few selected top web3 projects in the LaunchCamp cohort. Top Web3 coaches run our cohorts, and we also assign a minimum of 2 dedicated coaches with bi-weekly interactions & engagement per project. 💗 To be part of Foundership's 6-month LaunchCamp, you need to get selected via our 0xCamp in a city. All selection to the LaunchCamp program is via 0xCamp only. _**0xCamp is a 3-week free program.**_ What's 0xCamp? -------------- 0xCamp - Launch Web3 Startup. 0xCamp is a 3-week program to Launch your Web3 Startup. Whether you are in the idea stage or just started building, 0xCamp is for you. We host the 0xCamp program with masterclasses by Top Web3 Coaches in your city for 1-day and the remaining 3-week on virtual sessions. 0xCamp enables you to find the right direction and opportunities for your Web3 startup. Right Direction: Technology, Market, Early Customer Segments and more We also host 0xCamp Global - A fully 3-week IVL program for Web3 teams anywhere in the world. _We believe the best teams are there in every city and the world should see 1000s of companies being built from 100s of cities and not just concentrate in a few cities._ _Go local. Go 0xCamp to empower. Foundership will lead this vision._ Based on 3-week work & conversation during 0xCamp, Foundership & CoachDAO will select the top Web3 teams to join the 6-month [LaunchCamp](https://foundershiphq.com/launchcamp) program. ### **Who is it for?** You are looking to join Foundership's 6-month LaunchCamp program * You have an idea and a co-founder ready to start * You already have a Web3 startup at any stage * You are pre-product or early product stage * You are actively fundraising ### **0xCamp Structure** **1-Day - IRL**​ * Masterclasses by Top Web3 Founders & Coaches * 1:1 Project review​ * Meet & Greet: CoachDAO and Web3 Teams​ * Networking with Web3 Folks in the city **3-Week - IVL - 2 to 3 sessions per week**​ * Coach Review - Dedicated Coach per Startup * Business Model & Tokenomics * Marketing, Community & Product * Idea, Market, Customer & Competition * Closure Ceremony - Share Experiences * Selection of top Web3 teams for LaunchCamp ### **0xCamp Bengaluru:** Apply for **0xCamp🤝** [https://tally.so/r/3lbNRk](https://tally.so/r/3lbNRk)​ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xcamp-bengaluru-1654252546973-compressed.jpg) ​[Apply for 0xCamp BLR](https://foundershiphq.com/0xcamp-details/0xcamp-bengaluru)​ ### Want to join for 0xCamp in your city? 🙌 Also, 0xCamp by Foundership & CoachDAO will come to your cities: NCR, Pune, Hyderabad, Chennai, Mumbai, Goa, Kochi, Bhubaneswar .....and more Apply for 0xCamps: [https://tally.so/r/3lbNRk](https://tally.so/r/3lbNRk) ### 0xCamp Partners We are backed by Founders & Leaders of incredible Platforms and Protocols. We will share about them in subsequent posts. Our community partner is [OGClub](https://twitter.com/OgclubDAO). ### 0xCamp with CoachDAO Incredible Founders & Leaders are already part of Foundership [CoachDAO](https://blog.foundershiphq.com/foundership-coachdao-cl3v2p7tp954471kpbqpfv9k8q/).​ * Some Coaches are OGs in Web3 * Some are super operators * Some have scaled biz to multi million$ * Some have built global startups and more.. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-coachdao-1654252481148-compressed.png) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Foundership CoachDAO Author: Unknown Published: 2022-06-01 Tags: web3, web3 startups, CoachDAO, projects URL: https://blog.foundershiphq.com/foundership-coachdao-cl3v2p7tp954471kpbqpfv9k8q/ What's CoachDAO? ---------------- M_any coaches wanted to get involved in a deeper way to ensure they have skin in the game approach than a transactional relationship. They liked Foundership’s Philosophy: We coach Startups to succeed and co-create wealth in the process._ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-coachdao-1654056872898-compressed.png) We believe more Web3 Founders will succeed when incredible Coaches come together to support their journey. CoachDAO is off-chain. We will evaluate CoachDAO to be on-chain if needed. CoachDAO is a SubDAO in Foundership.🙌 Why Coach DAO? -------------- It takes a village to grow a child and it's a community of mentors, friends, and well wishes to help a startup become successful.  Every startup finds it hard to stay focused week on week, but that's the secret sauce in building a highly scalable and profitable business that can provide great returns and outcomes to shareholders and the larger society and change people's lives for the greater good. 🌟 However not every startup is able to cater to this rigor with the same intensity across all stages of the startup journey.  Like every high-performing sport, athlete hires a professional coach to ensure they are top of their game in all tournaments and sharpen their skills and be prepared for all situations and all possible eventualities; similarly, Coaching is vital. 🏑 The driving factor for every coach to associate with a startup is generally to give back to the community, they like the founders, and they see potential in the startup. 🤝 However, after initial mentor calls which are very generic, do not add much value as there is not enough skin in the fame.  In order to make it work over a long time and be sustainable and have very tangible progress being made, each coach has to be incentivized beyond the normal methods of compensation per hour or PR mentions. 🛑 Hence we have come up with a model where there is equity distributed to the coaches by foundership from the equity we charge from projects that join our LaunchCamp Program. 🚀 **_Foundership’s CoachDAO Philosophy: We coach Startups to succeed and co-create wealth in the process._** Note: We believe more Web3 Founders will succeed when incredible Coaches come together to support their journey. CoachDAO is off-chain. We will evaluate CoachDAO to be on-chain if needed. CoachDAO is a SubDAO in Foundership. ### Coaches Reward Model Our innovative Equity/Token For Web3 Coaches is a unique reward model to enable contextual engagement to solve various challenges in a specific Web3 project—a win-win model for the projects/ startup and Web3 coaches. 💜💙💗💚 ### Reward for **Coaches** Web3 coaches have deeper skin to ensure projects head towards success and in return, they have financial upside. Until we launch the Foundership token to reward coaches, we are currently rewarding the coaches with project native tokens/equity. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-coach-engament-token-equity-1654056897414-compressed.png) Incredible Founders & Leaders are already part of Foundership CoachDAO. * Some Coaches are OGs in Web3  * Some are super operators  * Some have scaled biz to multi million$  * Some have built global startups and more..  Pls help connect👉 More women coaches are needed for CoachDAO. 🙏 Do you want to recommend awesome pro-founder folks as coaches? Have a look at👉  [Foundership Whitepaper](https://docs.foundershiphq.com/our-model/coach-dao/coach-engagement-process). > Let us collectively work to build super successful Web3 Startups from India to the World. We will be launching '0xCamps' and LaunchCamp programs with CoachDAO. **Know more on**👉 [https://foundershiphq.com/launchcamp](https://foundershiphq.com/launchcamp)​ **Share this blog** on your social media to help your friends know more? Thanks! --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Arcana Network's Mayur Relekar Talks About Data Privacy In Web 3.0 Author: Unknown Published: 2022-05-30 Tags: dao, dapps, blockchain, cryptocurrency, web3, data privacy, decentralized storage, ethereum dapps URL: https://blog.foundershiphq.com/data-privacy-in-web3/ One big reason that led the internet to adapt to Web3 from Web2 is - the vulnerability of the data. Today, data security has become more of a necessity than a luxury. So it’s not enough for solution providers to think just about serving cool functionality and staying loose on the security & privacy side. Here, Mayur Relekar steps in with decentralized storage, identity, access, and key management solution to help Ethereum-based dApp developers make the [**Web3**](https://blog.foundershiphq.com/what-is-web3/) world more secure than ever. In this episode of Web3Verse - **Mayur Relekar, Founder of Arcana Network**, sheds some light on how data security and privacy are at stake in the Web2 ecosystem and how blockchain technology is proving its potential to make the internet a secured place. He also shares his journey of being a founder of 2 Web2 startups in the past, his love for product management, and how things changed as he stepped into the Web3 world. If you are a tech enthusiast or an Entrepreneur transitioning to Web 3.0, this episode will help you understand the possibilities web3 entrepreneurship can open. **Video Time Stamps -** ----------------------- **00:00** - What's In This Episode? **00:42** - Channel Logo **00:55** - Podcast Intro **02:00** - Welcoming Mayur Relekar **02:17** - Getting Into Web3 as an Entrepreneur **06:21** - How Arcana Network Securely Stores The Data? **10:05** - Will Arcana Make Platforms Unhackable? **13:40** - Shifting From Web2 Business To Web3 Model **16:46** - Web2 Mindset For Running a Web3 Company **18:46** - About Product Market Fit & Finding Early Adopters **22:14** - About Open Source Culture In Web3 **22:24** - Preventing Competition After Going Open Source **26:58** - How Does Tokenomics Work In Arcana? **33:02** - Building Team For a Web3 Startup **35:22** - Do You Pay Your Team In Crypto? **36:00** - How Does Fundraising For Web3 Startups Works? **41:53** - Conclusion ### Follow the Speaker & Host on Social Media - ► **Mayur Relekar** - ​[LinkedIn](https://www.linkedin.com/in/mayurrelekar) | [Twitter](https://twitter.com/mayurrelekar)​ ► **Bimlesh Gundurao** - ​[LinkedIn](https://www.linkedin.com/in/bimleshgundurao) | [Twitter](https://twitter.com/bimleshgundurao)​ ► **Santosh Panda** - ​[LinkedIn](https://www.linkedin.com/in/santoshpanda) | [Twitter](https://twitter.com/santoshpanda) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 0xBreakfast Author: Unknown Published: 2022-05-24 Tags: breakfast, project, meetup, founder, web3 URL: https://blog.foundershiphq.com/0xbreakfast-cl3j0p6xl190591kpbibjhe9yr/ What is it? ----------- Meet the 'gm' Web3 people in a good morning. ​0xBreakfast where web3 doers & believers can meet each other in a totally informal setting. ​The key is a regular place and a regular time - it's not important who comes along, some days it might be no one - just that people know if they want to meet, this is the time and this is the place. _We want to create some density for people -- a few places where web3 people know they can meet or bump into others._ ​Something that can be replicated anywhere else at little or no cost -- though we do want to build a list of all the places (Notion page to come) where web3 folks can meet and know people might be around for them to talk with. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/0xbreakfast-foundership-1653328662692-compressed.jpg) ### ​**Where and when is it?** The first one will be held **every first Thursday of the month from 8 am to 10 am.** The first one will be in Bengaluru on 2nd June 2022, you can [RSVP here](https://lu.ma/0xbreakfastblr). 👈We curate the audience.  0xBreakfast may change its location from time to time or be fixed, it all depends on the city chapter. Breakfast is DIY :) This is the only way we can standardize all 0xBreakfast across cities and let it attract quality folks for conversation. _There may be exceptions such as one 0xBreakfgast local city chapter could get their own sponsorship._ ### Want to start 0xBreakfast in your city? You are most welcome to connect. ​If you're a web3 builder/founder, investor or believer, join me in co-hosting the 0xBreakfast Club location -- please [let me know](https://tally.so/r/nGxKZe), so we can manage and work together. ### ​Who's invited? Web3 Developers, Builders, Founders, Leaders and anyone who believes (s)he wants to start in Web3. This is not about meeting me (or anyone else in particular); hopefully it's about giving people focused times and places where they can hang out and connect with others -- not locked inside an office or at a private members club. ### ​Why? Well, one of the things I've heard repeatedly is: 1\. making web3 mainstream to help builders, founders and investors 2\. web3 folks need regular physical space to meet, not just with each other but also to network with believers. ​I totally agree with point 1-- we all get an enormous amount from informal contact. ​What I don't agree with is the idea that the space should be permanent, owned or closed (private office or members club) -- I should be able to go to cities all over the world and know which places (and at what times) I'm most likely to meet other web3 folks. There are thousands of public places to meet for breakfast. That's 0xBreakast for Web3.  ### How many join 0xBreakfast in a city? We will keep it curated to ensure high-quality folks interested in the technology & economics of Web3. Around 50 participants in every city. \-- ​Thanks to 100+ folks who said yes on social media, private chat and forums when I proposed the idea. Plus Foundership community and my partner Bimlesh for encouraging me to get it started! ### ​Want to Sponsor the 0xBreakfast series? We can discuss. Send me an email (we at foundershiphq dot com) or [just a tweet/ DM](https://twitter.com/santoshpanda). Thanks! 0xBreakfast initiative is inspired by Saul Klein's Open Coffee Club. And this announcement blog post is also copied from Saul's first blog post announcing Open Coffee Club. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Find a CoFounder for your Web3 Project - Monthly Mixer! Author: Unknown Published: 2022-05-22 Tags: mixer, cofounder, web3 URL: https://blog.foundershiphq.com/find-a-cofounder-for-your-web3-project-monthly-mixer-cl3hkts11102631kpbj7p13k33/ Who's your Cofounder? --------------------- That's the first question you will hear the maximum number of times as a Startup founder. You can always start solo or be a solo founder. But your chances to succeed are higher with a 'right' cofounder. You can fail with a cofounder the same way you can fail alone. Co-founder > Solo ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/cofounder-foundership-1653285181879-compressed.png) ### But how do you find a cofounder? You can't quick-fix a cofounder, it is almost like finding a spouse and if values don't match, you are gone. You don't always have to find a cofounder from childhood, school, college or even past workplace; if they are there, you will know it. If not, your best option is to meet folks in professional communities like at meetups, round tables and events. But it will take time before you can zero on someone. You can't simply rush. You can't find it on social media in passive mode. You can't just wish. You have to pursue it actively. Fiding a cofounder is more challenging if you are venturing to build a Web3 project/startup. _**We at [Foundership](https://foundershiphq.com/) wanted to facilitate the cofounder search.**_ We will host a virtual networking and mixer event every month where you can network, mingle, and connect with like-minded people looking for cofounders! **Join us to locate cofounder (s) for your Web3 Project journey.👇** RSVP  here [https://lu.ma/find-web3-cofounder](https://lu.ma/find-web3-cofounder) and we will curate to invite you. **What's Foundership?** Foundership - Web3 Launcher🚀 - We help Web3 startups with Coaching, Capital and Community. We are taking Top Web3 Founders into the Next Orbit. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## How Will NFTs & Web3 Impact Indian Film Industry? - ft. Senthil Nayagam Author: Unknown Published: 2022-05-16 Tags: blockchain, web3, nfts, web3 startups, film nfts URL: https://blog.foundershiphq.com/impact-of-nfts-on-film-industry/ We all love watching movies. Be it in cinemas or on OTT platforms. In India, almost 2000 films get made in around 20 languages every year, but not all make it to the big screens or the OTTs. The reason? The complex process of film ownership & distribution. But Senthil Nayagam steps in with NFTs as a solution for filmmakers, distributors & presenters and tries to make this process as simple as a breeze. In this episode of Web3Verse - **Senthil Nayagam, Founder of Oracle Movies**, a first-ever Film NFT marketplace, sheds some light on how the film business works and how his Web3 startup is making life easy for the film creators & business owners. He also shows - how if founders adapt to this new technology can open up incredible opportunities in the business world. If you are a movie lover & also a Web 3.0 enthusiast, this episode will help you understand the possibilities web3 entrepreneurship can open. ### Video Time Stamps - ​**00:00** - What's In This Episode? ​**00:45** - Channel Logo ​**00:58** - Podcast Intro ​**01:38** - Welcoming Senthil Nayagam ​**01:58** - About his Love for Movies ​**07:04** - Impact of Lockdown ​**10:13** - Why NFTs for Movies? ​**22:52** - Web3 Film Ecosystem at Oracle Movies ​**31:59** - About Using NFT & Web3 for Film Copyrighting ​**36:48** - The Market Response for Film NFTs ​**42:17** - About Choosing a Platform to Build This Technology ​**46:15** - Fundraising Experience for a Web3 Startup ​**50:27** - Transitioning from Web2 to Web3 as a Founder ​**55:31** - Conclusion ### Follow the Speaker & Host on Social Media - ► **Senthil Nayagam** - ​[LinkedIn](https://www.linkedin.com/in/senthilnayagam) | [Twitter](https://twitter.com/senthilnayagam)​ ► **Bimlesh Gundurao** - ​[LinkedIn](https://www.linkedin.com/in/bimleshgundurao) | [Twitter](https://twitter.com/bimleshgundurao)​ ► **Santosh Panda** - ​[LinkedIn](https://www.linkedin.com/in/santoshpanda) | [Twitter](https://twitter.com/santoshpanda) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Real World Use Case of NFTs in Agriculture Industry ft. Prabir Mishra Author: Unknown Published: 2022-05-16 Tags: blockchain, web3, nfts, agriculture, agritech, web3 startups URL: https://blog.foundershiphq.com/nft-usecase-in-agriculture/ There is still a lot of confusion about how things in Web 3.0 function and how Entrepreneurs can make use of it to bring change in the real world. When we say - NFTs, Cryptos and DeFi, there is a general impression that these instruments must be significant only in the virtual world. But Prabir Mishra in this episode of Web3Verse erases this notion and throws light on how the blockchain technology is not limited to the digital application, but can be very much used to solve the real world problems. **Prabir Mishra** is the **Co-founder and CEO of TRST101**, a multi-chain blockchain platform that provides blockchain solutions on Agri & Food Traceability, Connected Supply Chain, Document Identity and Authentication. In this episode, we discuss his journey from being an Investment Banker to a Founder of Web3 based platform and how he utilizes NFTs in the Agriculture & Food Industry. If you are someone who wants to get started in the Web 3.0 space, but is unsure of what business idea to come up with, this episode will help you bring in that clarity. Video Time Stamps - **00:00** - What's In This Episode? **00:55** - Channel Logo **01:07** - Podcast Intro **01:38** - Welcoming Prabir Mishra **01:54** - About Getting Introduced to Web 3.0 **07:42** - Deciding on a NFT Use Case for Business **08:57** - Application of NFT in Farming & Supply Chain **14:32** - NFT Money Going Back to Farmers **16:32** - Farmers Adopting the New Technology **21:15** - How Long Did It Take To Build This Technology? **24:01** - Getting Funds To Build This Web3 Business **25:46** - Choosing The Best Blockchain Platform **27:53** - Fundraising for Web3 Startups vs Web2 Startups **35:45** - Coming Up with the Company Valuation **41:08** - Plan To Go Global? **42:22** - Improvements Needed In Blockchain Technology **44:42** - Message for Founders Wanting To Get Into Web3 **47:40** - Conclusion ### Follow the Speaker & Host on Social Media - ► **Prabir Mishra** - ​[LinkedIn](https://www.linkedin.com/in/prabirmishra) | [Twitter](https://twitter.com/prabirmishra)​ ► **Bimlesh Gundurao** - ​[LinkedIn](https://www.linkedin.com/in/bimleshgundurao) | [Twitter](https://twitter.com/bimleshgundurao)​ ► **Santosh Panda** - ​[LinkedIn](https://www.linkedin.com/in/santoshpanda) | [Twitter](https://twitter.com/santoshpanda)​ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## How To Buy and Sell NFTs in India? Author: Unknown Published: 2022-05-14 Tags: cryptocurrency, web3, nfts URL: https://blog.foundershiphq.com/how-to-buy-and-sell-nfts/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/how-to-buy-and-sell-nfts-in-india-1654332617698-compressed.png) There’s something strange happening on the internet. Someone is buying someone’s tweet for about 3 million dollars. Someone is ready to shed huge money just to own a digital cat GIF. With such crazy news is how today's world was introduced to NFTs - Non Fungible Tokens. But are NFTs just about owning useless digital stuff that one only can brag about? Or is it putting some serious value in the amazing [Web3](https://blog.foundershiphq.com/what-is-web3/) world? Let’s first understand what NFT is & then take a look at how we can go about buying or selling them. ### What is an NFT? NFT stands for **Non Fungible Token**. Fungible = Replaceable. Non Fungible = Irreplaceable. So basically Non Fungible Token is nothing but **Irreplaceable Token**. Why ‘Token’? Because it’s kind of a **certificate for owning a digital asset**. In this world, there are 2 types of assets. The commoditized items like oil, wood, match sticks, etc. which don't hold a unique value and are easily replicable are Fungible (replaceable) assets. But very specific works like - a particular painting by Raja Ravi Varma, or one of a kind musical tune or even a specific creative shoe design are unique and cannot be replicated. These become Non Fungible. Same concept applies in the digital space. Artworks, video game assets, collectibles, memes, a song, etc. are unique. So NFTs utilize **blockchain technology to assign ownership** of such non replicable digital assets in exchange of crypto coins.  And just for the information, most NFTs are stored on a blockchain called Ethereum. ### Types of NFTs You Can Buy * Artworks * Collectibles * Sports Memorabilia * Video-Game Assets * Virtual Estate / Land * Memes * Domain Names * Music * Ticketing * Real World Assets * Virtual Fashion Designs * Other Online Assets Now that we have the basics clear, let’s take a look at how to buy and sell these NFTs. How To Buy and Sell NFTs in India? ---------------------------------- There are numerous cryptocurrency exchanges or the NFT marketplaces that are open for all to buy and sell NFTs. You need 2 things prior to making an entry there. 1. Create a digital wallet (eg. MetaMask, CoinBase, Dapper, etc.). 2. Purchase some cryptocurrency like Ethereum to transact. (you cannot buy NFT with fiat currency) ### How to Buy NFTs? Once you have your wallet and crypto ready, hop on to any marketplace of your choice. There are plenty like WazirX, Open Sea, Binance, etc. (list of the best ones is provided at the end) * Once you are on the marketplace home page, you can explore various NFTs / assets that are listed. * Finalize the one you feel like buying and click on the artwork. * Depending on the marketplace, there should be an option of either buying that NFT with native coins or with Ethereum. * Once selected to pay, you’ll be asked to connect your Ethereum based wallet to the account. * You can transfer the currency from your wallet to your account to make the final purchase. * Once the purchase is done, congrats. You now own that artwork! But before all, make sure you do your research. Ask yourself the purpose of buying the particular asset. Is it just because you want to flaunt? Or do you want to put it to use (like in a video game)? Or maybe you are looking at it as an investment option and want to trade it later for a higher price. In case you want to trade it later, you must have a creative eye to predict its future value. You definitely don’t want to spend a fortune on an asset that will be practically useless later. Regrets will haunt you. ### How to Sell NFTs? Just like for buying NFTs, you’ll need a crypto wallet for selling NFTs. Above all, you’ll need an original piece of digital artwork! You can be the creator of the artwork yourself, or you can acquire the rights from someone else to mint the work into NFT. Now that you have your artwork & wallet ready, just go to the NFT marketplace of your choice. You will have to connect your wallet to the marketplace account. There you can upload your artwork for converting it into NFT. You may have to pay something known as ‘gas fee’ to do so. Once converted, you can put the details such as title, description, price and royalty for that NFT. You can then mint your very own NFT. Congrats! Your NFT is now listed for sale. **Remember** - You may have to pay the fees at various stages of selling your NFT like - while uploading & converting your artwork into NFT, listing the NFT, commission when your NFT is sold, etc. Also, keep in mind that even if you’re the original creator or owner of an artwork doesn’t mean that a duplicate of it cannot be made. No one can snatch ownership from you. But art will always remain duplicable. But again, more the duplicates, more the value to the original one. ### Best NFT Marketplaces in India Numerous cryptocurrency exchanges function as NFT Marketpaces. They are accessible throughout the world be it in India or any other country. Here are some of the popular ones. * WazirX * JupiterMeta * Open Sea * BollyCoin * BuyUCoin * Rarible * Beyond Life * Binance NFT Marketplace * Colexion * Guardian Link Is NFT a Good Investment? ------------------------- There is no conclusive answer to this. It all depends on what your meaning of a ‘good’ investment is. If you have an eye for creativity, if you’re able to understand the value of owning an artwork or a digital asset, then yes you might consider investing in NFTs. But here you need to think ‘futuristic’. You cannot simply go on buying something that is hyped up today. It might lose its significance once the trend goes down, thus, proving a ‘dead’ investment for you. Also if you think NFTs are just about PNGs or JPEGs, take a look at our conversation with a Web3 based Startup Founder who is making use of [NFTs to transform the Agriculture Industry](https://blog.foundershiphq.com/nft-usecase-in-agriculture/). New Business Ideas with NFT & Web3 ---------------------------------- All things said, NFTs at this stage are surely a hype & an excitement. The world is adapting to the new Web3 possibilities. And one thing that’s highly positive is - NFTs are pushing our minds to think differently about how we validate & own things. But knowing how to buy & sell NFTs is one thing. Knowing how you can make a business out of it requires appropriate guidance. If you have a solid NFT or a Web3 business idea, but don’t know where to head, we’ve designed a 4 week program called [Buildathon](https://foundershiphq.com/program-details/buildathon-blr). Here highly expertised Web3 coaches will guide & help you in building & launching your web3 project.. We’re currently doing it in 3 cities - Bangalore, Delhi NCR & Pune. Do consider [applying](https://tally.so/r/3xXXzv) for the program. Have any questions related to NFTs or Web3 in general? **Shoot us a mail at - we@foundershiphq.com and we'll make sure to answer ASAP.** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## What Is Web 3.0 and Why Does It Matter? Author: Unknown Published: 2022-05-12 Tags: dapps, web1 vs web2 vs web3, blockchain, cryptocurrency, web3 companies, web3 explained, web2 vs web3, metaverse, web3, nfts URL: https://blog.foundershiphq.com/what-is-web3/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/what-is-web3-and-why-does-it-matter-1654332495039-compressed.png) Winds are taking a new direction. Web 2.0 offered us a lot. It showed us how **participatory culture** can take the web experience to new heights. We took a step forward from Web 1.0. But now it’s time to **take a leap**. A more **secure** online world where **privacy is not a concern**. Where we as **users are owners** and no one in charge is setting up rules for us. And finally, we are entering the era of Web 3.0. It’s here to make the **internet a better place** for users. And ofcourse open up **tremendous opportunities for Entrepreneurs**. _In this article, we will understand -_ * What is Web 3.0? (also spelled as web3) - in simple words * How do things in this new world work? * What opportunities does it offer to Investors and Entrepreneurs? Let’s look at it in a systematic way. What Is Web 3.0? ---------------- Diving straight into Web 3.0 will be as complex as trying to understand the latest episode of a television series without watching the earlier ones. Thus, in order to make things digestible, let’s look at how things in Web 1.0 and Web 2.0 are and how Web 3.0 has the power to transform the online world. ### Web 1.0 - The Beginning No exact definition of Web 1.0 existed until the concept of Web 2.0 arrived. It is so because there was no established parameter to benchmark the World Wide Web technology back then. Having said that, the earliest form of the internet that ever came into existence is what is widely referred to as Web 1.0. Especially the version of the internet **between 1994 to 2004**. ![what is web 1.0?](https://lh6.googleusercontent.com/tsqok6p9pu1kh4doBc9JREpMYGksRCeO4kRk03BLRR0fHpnbfrOTinoDbpU55lV4Rr7jwlAnXe0ehL1_JXo6NTm5fpK7VzyFvJXBaqzZ_3bvczPeHc9VWA8v7wSo9Eq8SkCX5z2VaSGpPFImhA) ### Web 1.0 was a World Where - * Limited people or organizations published the content and users consumed it passively. * Websites were static with no scope for dynamism. * Any form of interactivity or responsiveness was absent. And no, Web 1.0 is not some ancient discarded technology. It co-exists even today with Web 2.0 and Web 3.0. Any form of website that is static, ‘read-only’ and non-interactive falls under the Web 1.0 model. ![web 1.0 uses](https://lh6.googleusercontent.com/snHPg50LAm5cDNj-Nr7TFzTv5yrx_xnnIbhdRTIHX_Vrd0H63kBneXVlM91cqkZ0wXkZT3P_48ElZp3JsJu3cFz21pyPXa8SflMyvCtdpOX17FgJo5c5k8ed04P8mT4vJaicTZNtc4W66coNxQ) These Are Few Web 1.0 Platforms - * Thesis Publishing Sites & Online Journals. * Sites simply displaying Corporate Profile Information. * Personal Usability Sites like LiveJournal, MySpace, etc. * Directories and Classified Advertisement Sites like Craigslist. ### Shortcomings of Web 1.0 * There was **no connection** between the user & the content publisher. * **No means to verify** the information. * It was a **one way communication** and had no scope of interactivity. Web 2.0 - The New Possibility ----------------------------- Things changed **2004 onwards**. And the time came, when we all became virtually social beings! While Web 1.0 created a huge gap between content producers and content consumers, Web 2.0 made **consumers as creators**. The online world as we know and see today falls under the Web 2.0 stage of technology. ![what is web 2.0?](https://lh5.googleusercontent.com/JIkd67k16IAxSiY7EPpY7oFMtxPAzfxXSErqusr5wscuy4baCopK9bRM2x-dvExzl_xgSucyR3EzzU6Hn2iwBGInhXaj688SL4vO6ywvXhVxaP0Q5_rhmdBMNY4tw6NqotlBOYId9Q56eFAnCQ) ### Web 2.0 is a World Where - * The content on various online platforms can be **created & shared** by the users. * People can **transact & interact** on the internet. * There are **web and mobile apps** besides web ‘sites’ that are **dynamic**, **responsive** and **functional**. * **Cloud computing** flourished and made its mark. Web 2.0 opened up a new possibility. A possibility of **better internet**, **better user experience** and **better interoperability**. Web 2.0 emphasizes on **user-generated content** and **promotes participatory culture**. It kicked out the boring static web pages and introduced dynamism in the world of the internet. ![web 2.0 uses](https://lh5.googleusercontent.com/mQRFnbpgXpkCT5psanLLK3KwlmtSI7xs8_xWuFGpET6r2-6wcZKKpzEB-T3sLwr0A22XJvjB3fi3LQrjvYa7SF_z7U9Z6WnJv_AaRhbFyAGLi2O6-EzMPlKCBsJdpKQLCKJjbhCm1O96T6qhLw) These Are Few Web 2.0 Platforms - * Social Media Sites like Facebook, LinkedIn, Twitter, etc. * Content Platforms like YouTube, Medium, Spotify, etc. * Informative Database Sites like Wikipedia, Rotten Tomatoes, IMDB, etc. * Forums like Quora, Reddit, Discord, GitHub, etc. But still, Web 2.0 didn't democratize the internet in the true sense. How? Let’s see. ### Shortcomings of Web 2.0 * **Privacy and Security are the major concerns** in Web 2.0 as the user activity is tracked and the data is sold to the advertisers. * The platforms are owned by a particular individual or an organization where they have the **authority to set & manipulate the rules**. * The **highly centralized nature** of ownership on the internet is subject to biases and restrictive usage rights. And out of these shortcomings, Web 3.0 was born! Web 3.0 - The Revolution ------------------------ Imagine an online world where there are platforms of which there is no individual or a single organization in charge, yet everyone trusts each other and sticks to a certain set of rules (protocols) to keep it authentic and functional. You yourself (and others like you) are the consumer, the creator, and most importantly - the owner. You have full control over your activity and what happens with your content. No middlemen. No privacy violation. No censorship. Interesting? That’s how the world of Web 3.0 looks like. **Democratizing the internet in a true sense!** ![what is web 3.0?](https://lh6.googleusercontent.com/ZifFjIIhcxU-2TVqoSiDsO87HaJ-Q4wZwYSaoIbpJ0YPnJl8JcyjMA5s7zMJ37cPQ_6nPgQ5vwkdNuY0hL8Q1ZRIw_6XLntB4cDg0a0zO1jE8s-gHOr07_FKxQ3PM_CmnSey7XLn5zGXcLCkBg) ### Web 3.0 is a World Where - * Every platform works on a decentralized model ie. is **permissionless** and no single entity owns or has an authority over it. * It is **open** for all and no dependency on a single hardware source (like hosting servers) is there as the servers are distributed across user devices. * There is no need for a third entity monitoring ‘trustworthiness’ as there is no usage of a modifiable database, thus making it **trustless**. But before you get the picture clear in your mind, it’s important to know what technology makes such a world possible for us. It’s the blockchain. Remember - **Blockchain Is The Backbone of Web 3.0**. What Is a Blockchain? --------------------- To set the context right, it’s important to know that **blockchain as a structure is an alternative to databases**. Database is an organized collection of information that is stored on a single server (hardware) which we can access electronically through the internet. **Database is the core of Web 2.0**. In a typical database, information is stored **in the form of a table**. But things become interesting in Web 3.0. Here, we use blockchain over databases. Information is not stored in the form of a table, but in chunks (known as blocks). Here, we ditch the dependency on a single server and store information **across the nodes of computer networks**. ### How Does Blockchain Work? * Whenever a transaction happens, it first **needs to be verified by miners** spread across the globe. This act is called - mining. (they are incentivized for doing that) * Once it is verified, the information is recorded and **stored digitally in a group of blocks** - one by one. * When the storage capacity of one block is filled, it is closed and a new empty block is opened to continue storing the information. * Once filled, the new block is then **linked to the previous block** and the process continues till complete information is stored. These **linked blocks form a chain, thus - the blockchain**! * Every block has a timestamp on it and once it’s added to the chain, the record is **irreversible**, **irreplaceable** and **non-modifiable**. It is due to this technology, that the functioning of **cryptocurrency**, **NFTs**, **dApps**, etc. takes place. **The Web 3.0 World Sits on the Foundation of Blockchain Technology.** ![web 3.0 uses](https://lh4.googleusercontent.com/1FyyKuj_A3jVymdanYK7KHDSnuM01fvmKrR3sojUCK0mFvUWCs1Cs5ntmdtq1DCMVYVThJWniMACxSn3pNA20tA0_n3r1OyTh2AUymbbVXj0xIpiRLblKVvnUPmIumZXtiSpndO9N8YtkHz5Hw) Now you must be having a burning question. “Is there any company or a platform that is already utilizing web3 technology?” Yes there are plenty! Let’s take a look at some of them. ### These Are Few Web 3.0 Platforms - * Cloud Storage Networks like [Sia](https://sia.tech/), [Filecoin](https://filecoin.io/), [Arweave](https://www.arweave.org/), etc. * Data Exchange Networks like [Ocean Protocol](https://oceanprotocol.com/), [Streamr](https://streamr.network/), etc. * Web 3.0 Domain Registrars like [Unstoppable Domains](https://unstoppabledomains.com/), [ENS Domains](https://ens.domains/), etc. * Talent & Content Networks like [Braintrust](https://www.usebraintrust.com/), [Audius](https://audius.co/), [Mirror](https://mirror.xyz/), etc. How To Make Money From Web 3.0? ------------------------------- New technologies always bring new business opportunities. Opportunities to solve problems, or be a part of the solution and generate massive wealth in return. Web 3.0 is no exception. ![how to make money with web3](https://lh4.googleusercontent.com/4LxM5PIWklB2R-BU4UQgR-VSTwWtWL-EqdPJT-KbNitDBleL652TbfSxUnV8_V8bMKGzPoL8PUu9a_ejZxWqV4F4iQd_mj0k0iAFnfiTQ2MEQrkn3Kxbp5aEKWknAnxzdIVCGuagAujYGNSaHg) How can you grab the opportunity? Here are a few ways. * **Become a Miner** - As you get incentivized by verifying the blockchain transactions, you can do mining and make money (in a form of crypto) out of it. For being able to do this, you might need the necessary hardware. * **Build dApps** - What apps are to the Web 2.0 world, dApps (or decentralized Apps) are to the Web 3.0 world. If you have an amazing business idea, you can build dApps using smart contracts, and can create a reliable stream of income. * **Create and Sell NFTs** - If you have a creative eye and are a designer, creating your own NFTs and selling them on marketplaces can generate huge income for you. * **Build SaaS Tools** - You can build tools that integrate Web 2.0 apps with Web 3.0 instruments through APIs and charge a retainer fee for doing that. * **Become a Blockchain Developer** - We know it’s not easy as blockchain development needs a lot of skills and knowledge. But if you’re willing to put efforts to acquire it, it is one of the highest paid skills in the world. * **Sell The Data** - In web3, you can very much sell any form of data, be it your own browsing history and make money out of it. * **Get Paid to Watch Ads** - You can use a browser like Brave Web Browser and allow it to show you the ads. It’ll incentivize you to give the attention to the ads in the form of tokens. * **Trade or Invest in Cryptocurrency** - This is the most popular way as we see a lot of newbies and enthusiasts stepping into this territory. Bitcoin, Ethereum, Tether, etc. You know it! How to Invest in Web 3.0? ------------------------- Web 3.0 has lucrative investment opportunities if all you want to do is identify the right instrument & the right time, invest your money and passively wait to see it grow. Though no one can guarantee you returns here, if you have the risk appetite, it can turn out to be the best ones in your portfolio. ### NFTs NFTs (Non Fungible Tokens) came into existence when in 2014, Kevin McCoy minted the first token called **Quantum** which was a mesmerizing piece of artwork. The concept of NFT is not as complicated as it sounds. It’s the technology of owning digital artwork or any type of digital content. ![what are nfts](https://lh4.googleusercontent.com/9FQj-6_2smtF_PjHps8c1HEsKC-7PfF90ZQW0--kf5FgRBxDzL1tnvTL-SiiwbICleEopieqfDHV6E_q4uCvTLqjy5IuESGJJKwLztPays-RR_Rc8FPuXy8WL-w5sWBscKoIPvuYC7HAfWDdjw) If you are an artist yourself, you can go ahead and mint your own NFT. But if you just want to own a brilliant piece of work with the hope of selling it for much more (millions?) in the future, you can look at NFT as an excellent investment instrument. Here's [how you can buy or sell NFTs](https://blog.foundershiphq.com/how-to-buy-and-sell-nfts/). But keep in mind that you need to have an eye for creativity to identify the gem whose value can increase over time. No point in spending money on something that you can just flaunt about later. ### Metaverse You know, in reality, it's all about the place. If you are in the right place at the right time, you can encash the opportunity in a big way. Investment in the Metaverse is just like that. You can literally invest in Metaverse Real Estate ie. buy a virtual place for yourself in the Metaverse. Yes, exactly how it’s done in the ‘real’ world estate. ![what is metaverse?](https://lh3.googleusercontent.com/z7CUwdbbIjpHSJXUDXciRKCBYpGE4MMhYmBYYcn9U-6oXwijbw5Ml6Sd1wN48_eKtfYqr36DpQB7YB24Ma3LU-3UdkjJaRJOp341Pk4tzNbqey_bAdBJAcc5kw11ReappW_6Fpp_wtWH4VcDlw) But how will the value of your Metaverse property be decided? Well, you can use your Metaverse property to advertise your or other brands in future, thus, making it more valuable. The closer the place is to the high traffic area, the more will be the value. Metaverse is nothing but a new way of experiencing the internet, where there is a whole virtual world with real people interacting with it (and each other) as digital avatars. We know it sounds crazy, but Web 3.0 is already here to make it possible. The day is not far where transacting with the Metaverse will be just a usual thing as messaging each other on WhatsApp. ### Cryptocurrency Cryptocurrencies also called as crypto coins are nothing but peer-to-peer currencies layered on the blockchain technology. It was in 2008, that the first cryptocurrency - today popularly called as Bitcoin was minted and web3 was born! ![list of crypto coins](https://lh6.googleusercontent.com/CaCQldDKPMoClYC7OPfEFr49JZ-wcVAiIZYQysgkUhu39Wt7kNXxXot4TkKUWN7k1rTy1JUsObKpPaKQvk57KSmbZqbEz36N3QhsDsZ23ZOxoVhVxonyoTtCna19OVAunEkQZ8LGEYATcRnZHg) If you are into day trading, you can learn to technically analyze and recognize the patterns of its highs and lows and churn money out of it. Or else, if you understand how cryptocurrencies function fundamentally, you can invest in it and hold it for a long time till it grows. Once you see a significant growth, you can either sell it in exchange for a fiat currency or use it for other transactions. _Some of the popular crypto coins are -_ * Bitcoin * Ethereum * XRP * Tether * Cardano * Polkadot * Stellar * USD Coin * Dogecoin * Chainlink But remember. We all know that investments are subjected to market risks. We’ve heard that a lot of times at the end of mutual fund ads. But in Web 3.0, the market is even more risky and volatile. But again, as we all know - higher the risk, higher the returns. Just make sure that you don’t invest in something that you don’t understand. Web 3.0 FAQs ------------ We know after going through all the above explanations, you still have some questions lingering in your mind. How can we let you go from here confused? Get them answered right away. ### Does Web 3.0 Already Exist? It was already knocking on our doors for a decade. But now we can say it has stepped in. (Not fully in though.) What we mean by that is - cryptos, NFTs, they all are part of Web 3.0. You can go and purchase those crypto coins or mint NFTs. You can even own a fraction of real estate through crypto based REIT (Real Estate Investment Trust). So Web 3.0 is very much a reality. But looking at the way things are going on here ‘user experience’ wise, it will still take some time to become mainstream. ### Is Web 3.0 a Good Investment? That depends on what’s your context of ‘good’ investment. Are you interested in investing in the technology that can revolutionize how the world functions in the future? Or do you simply want to encash the new trend that’ll quickly yield you more profits than other instruments? Here’s the simple answer. If you fully understand how blockchain works and are ready to invest in the hazy but promising future, then trust me, Web 3.0 has way more earning potential than Web 1.0 & Web 2.0 combined. But if you don’t understand how things work in Web 3.0, then hold yourself back, learn more about it, and then make a decision. All things said & done, it’s definitely not going to be a safe investment with guaranteed returns. So once you put your money in, you need to be ready to go on a roller coaster ride and still keep patience. ### Where Can I Buy Web 3.0 Crypto? You can make use of any cryptocurrency exchange platform like Binance, Coinbase or BlockFi. But as you need a wallet to store your money while transacting in a physical world, you need an e-wallet for storing & transacting crypto. You can get yourself a MetaMask wallet to store or transact your crypto tokens. Then you can use your fiat currency (ie. rupees / dollars / etc.) to buy Web 3.0 crypto tokens through crypto exchange platforms. ### Is Web 3.0 and Metaverse the Same? No they aren’t! Because Web 3.0 is all about using (blockchain) technology to decentralize the internet. It’s more about giving the ownership & control in users’ hands. Metaverse is all about the experience. Imagine yourself surfing through the internet, not through a flat smartphone or computer screen, but through VR (Virtual Reality) technology. It’s a virtual world all together where you interact as a digital avatar. That’s the idea of Metaverse my friend! Start Your Entrepreneurial Journey In Web 3.0 --------------------------------------------- By now you must have got a clear picture about what web3 is and how things work in it. No doubt it has the power to take the internet user experience to a new level. What’s more interesting is the massive opportunity it offers to Investors as well as Entrepreneurs to make it big in the coming days. But simply having a will or an amazing business idea isn’t enough to make things work in the Web 3.0 world. You need to start from somewhere. And it’s still foggy terrain with higher chances of getting lost. So you need someone who has **been there**, **done that** - to hold your hand and guide you to startup. If you have an entrepreneurial mindset and want to build, launch and successfully grow your Web 3.0 Project, you can consider applying for our next - [**0xCamp**](https://foundershiphq.com/0xcamps). It's a FREE 3-week IVL & 1-day IRL web3 incubation program where you'll be able to get coached by the leaders of the space. And yes, we're sure it's a perfect path for dragging you out of the Web2 zone and setting you up for success in the Web3 world. Have any questions related to Web 3.0 or Entrepreneurship in general? **Shoot us a mail at - we@foundershiphq.com and we'll make sure to answer ASAP.** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing: MicroAcquire <>Foundership Author: Unknown Published: 2022-01-15 URL: https://blog.foundershiphq.com/announcing-microacquire-foundership/ Announcement! Startup Exit Simplified👇 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/61e23d39806580c553cd4aaepartnership-posters-1649161796670-compressed.png) You won’t find a guidebook to entrepreneurship. Sure, many entrepreneurs have written about their experiences, but every startup is different. What works for one founder won’t necessarily work for another, so you usually have to learn from your mistakes. 99 percent-plus of founders who don’t create unicorns need to achieve a smaller yet still life-changing exit. Exiting your startup is like a contact sport. First, you’ve got to throw your weight behind the process and anticipate buyer plays. Getting acquired is then simply a matter of closing the gap between your and the buyer’s expectations. Every startup is different.What works for one founder won’t necessarily work for another, so you usually have to learn from your mistakes. That said, founder-friendly platforms like MicroAcquire and Foundership can help you make better decisions and avoid common pitfalls. Announcing Foundership Partnership with MicroAcquire.To simplify Startup Exits for Indian entrepreneurs. Read more about the Partnership[https://resources.microacquire.com/microacquire-partners-with-foundership-to-help-entrepreneurs-in-india-achieve-their-goals-through-ma/](https://resources.microacquire.com/microacquire-partners-with-foundership-to-help-entrepreneurs-in-india-achieve-their-goals-through-ma/) ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Foundership 2021 Author: Unknown Published: 2022-01-05 URL: https://blog.foundershiphq.com/foundership-2021/ 2021 has been a blissful year to have got an opportunity to work with Idea to Seed-stage founders and be with them as they shape their journey. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/61d545100e2519aa88d9a9bffoundership-2021-1649160583174-compressed.png) Foundership’s 2021 in Numbers ----------------------------- * Coached 125 Startups * Added 55 Founders & Leaders as Coaches * Hosted 8 Cohorts for Startups * Hosted Office Hours for 50+ Founders * Hosted 20+ Events for Founders * Started First Seed Acceleration Program with 7 Startups in the first cohort * 1 Startup got an exit and the founders (& we) are super happy about it * The Community grew to 1000+ Founders (across the community and social media) added to Foundership in 2021. We had served ~200 Founders in the year 2020 during probono mentoring and Sales coaching for Founders * Partnerships drive over $100,000 + in software credits for Startups * We coached Founders in B2B, B2C, D2C in Creator economy, Healthcare, Fintech, Community Tech, AgriTech, e-commerce, Logistics and Cloud Ops * We partnered with 20+ organizations such AWS, Twilio, Outseta, Freshworks and more * We're super thankful to many founders & leaders ([https://foundershiphq.com/founders-leaders](https://foundershiphq.com/founders-leaders)) who coached startups in various programs Foundership’s 2021 ------------------ As it happened during 2021.... ### January 2021 We launched our first Website. ✅ We announced an experiment cohort - 30 Day Challenge - We will solve your Startup challenges. We got 89 applications. 😀 ### Feb 2021 - June 2021 From Feb to June 2021, we ran the 30 Day Challenge Cohort to help 36 Startups. We got an NPS score of 91+. 💕 See Foundership's Wall of Love 👉 [https://www.foundershiphq.com/testimonials](https://www.foundershiphq.com/testimonials) ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61d545bbc64a816f8163f218_Foundership%20Screenshot%202022-01-05%20at%2011.36.16%20AM.png) ‍ We picked the new Brand Name: Foundership. We registered FOUNDERSHIP as a company. ‍ We had amazing feedback sessions to plan the future roadmap for Foundership. We’re thankful for: 🙏 Konark Singhal (Founder, MountBlue) Abhishek Rungta (Founder, IndusNet) Pankaj Jain (Operator, advisor, investor,  Startups) Arvind Pani (Founder, Reverie Language Technologies) Deepak Abbot (Co-Founder, IndiaGold) Rahul Chowdhri ( Partner, Stellaris Venture Partners) Adith Podhar (Founder, Gemba Capital) Sumanth Raghavendra (Co-founder, Presentation.ai, The Ken) Shachin Bharadwaj (Co-Founder, Markk) Shashikiran Rao (Co-Founder, Draper Startup House) Srinath Sridharan (Fellow of Institute of Directors) and a few more ### July 2021 We announced  Seed Acceleration Program to help seed-stage startups develop products, grow revenue and secure funding. We got 116 applications! 😱 [https://twitter.com/santoshpanda/status/1414903417168797697](https://twitter.com/santoshpanda/status/1414903417168797697) ‍ ### August 2021 We confirmed 6 startups for the Seed Acceleration Program. This is from 116 applications. 👣 We started the first Seed Acceleration Cohort. 43+ founders, leaders, angels and VCs joined our inauguration event. We got a fantastic appreciation for launching this. 💜 ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61d54694e60e398ce05ddaf8_Foundership-seed-Screenshot%202021-08-15%20at%205.25.36%20PM.png) ### Sept 2021 Announced new cohort program: Build Side Project with NoCode. 👩‍💻 We got 550+ applications to join the Side Project with the NoCode cohort. We curated 39 to kickstart our first NoCode Cohort. ✅ ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61d546aa27d9d53855fff84d_Foundership-NoCode-Cohort.png) We kickstarted GTM for India #HealthTech Cohort. We kept the cohort as a small pilot, to begin with. 🏥 ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61d546be05eb8a4ce210f819_Foundership-Healthcare-Cohort.png) ‍ Listen to Priyank Thakkar as he shares his experience from the GTM Healthcare Cohort #1 with Foundership GTM4Health [https://www.linkedin.com/feed/update/urn:li:activity:6884017409200652288/](https://www.linkedin.com/feed/update/urn:li:activity:6884017409200652288/) ### October 2021 We partnered with 20+ organizations such AWS, Twilio, Outseta, Freshworks and more to bring their products and services to help our startups. 🤝 We keep tweeting about it [https://twitter.com/FoundershipHQ/status/1451476012299132928](https://twitter.com/FoundershipHQ/status/1451476012299132928) Launched Podcast Signals & Levers - By Foundership. [https://anchor.fm/foundershiphq](https://anchor.fm/foundershiphq) ⚡ ### November 2021 We kickstarted NoCode Cohort 2 to coach 30 founders to build an Idea to MVP. We launched a new Community Platform. 🙌 We added an incredible Product Manager to our team. One of our Startups hits 50% m-o-m growth. We got our first team members from Pune. ### December 2021 One of our Portfolio startups got an exit. Superpage got acquired by APPX (YC21)🌐. Srivatsa writes here: [https://twitter.com/srivatsamudumby/status/1472994423873015810](https://twitter.com/srivatsamudumby/status/1472994423873015810) ‍ We announced Web3 Cohort and started accepting applications. ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61d547a94435ff5d87910a89_New%20Business%20Ideas%20with%20NFT%20%26%20Web%203.0%20-%20Poster.png) ‍ > **We are grateful for all the trust by Startups to join our Programs and give us the opportunity to support their journey. 🙌** ‍ > **We are also thankful to incredible Founders & Leaders for their support in coaching, office hours and being part of cohort programs. 🙇🏻** ‍ Foundership’s 2022 and onwards journey will be a very interesting and contributing moment for the Startup fraternity. 😇 Thank you! ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Inviting you to Get M&A Ready for SaaS and eCommerce Cohort Author: Unknown Published: 2021-12-14 URL: https://blog.foundershiphq.com/inviting-you-to-get-m-a-ready-for-saas-and-ecommerce-cohort/ You’ve probably heard the phrase, **“Most startups are bought, not sold.”** right? It's right and also slightly incorrect. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/61b2f2f79bfc735f005505fbget-ready-for-manda-website-poster-2-1649160360530-compressed.png) As much as a startup loves to acquire customers, startups also need to find the right acquirer or buyer! It all depends on the stage of the startup seeking an exit. In 2021 there is a record 119 M&A (Mergers & Acquisitions) deals in India. If you are a business owner you will need an exit strategy or an acquisition strategy at some point in your business. Only 3% of the start-ups successfully graduate from seed. I**n 2021, the figure hit $3.8 billion**. These are only the disclosed deals; the majority of them are undisclosed and the value may actually be higher. Is this for every startup? -------------------------- As you launch your startup, build your team, and close your first sales, an exit is the last thing on your mind. But thinking through, planning for, and working toward an eventual exit is something every entrepreneur needs to do. Determining which exit strategy is best for your company relies heavily on the current state of your startup and your future goals. One of the most important decisions a founding team can make is when to consider selling the company to a buyer. Once you take investor money, you’re expected to reach an exit event in order to produce returns for your investors and for your team. There are two main exit options: go public (IPO), sell in an M&A transaction. The wisdom is that if you create a good enough product, the likes of Google, Cisco, Microsoft, Byjus, Reliance Jio will show up one day with a fat check for you to sign. That’s the dream, right? The problem is, it’s just that – a dream (for most founders, anyway). Some startups are designed with a core mindset of "Build to Sell". Some startups design their journey towards "Build to IPO", some towards "Build for a lasting legacy". While ambitions are great, the reality is very different! > What do you do when you get offers? How do you evaluate them? > What do you do when you have run out of steam in your startup? > What do you do when you decide to exit, as things are downhill? As a founder, it's your responsibility to be prepared and aware of the right steps and frameworks to enable a great outcome or exit to all stakeholders 1. Founders 2. Employees 3. Investors 4. Acquiring Company Most startups _are_ sold and with great effort. Okay, your startup _might_ be in the tiny percentage to get gobbled up by a large Tech company, but do you really want to play those odds? Exiting your startup is like **a contact sport**. You’ve got to throw your weight behind the process and anticipate buyer plays. Getting acquired is then simply a matter of closing the gap between your and the buyer’s expectations. **When + How to Start Thinking About M&A** ------------------------------------------ **When?** Depending on who you ask, you will get different answers. Consider that it’s never a bad thing to start relationships with business/corporate development contacts who can help add to your customer set and/or future exit. Relationships take a long time to build. When you don’t need to make a deal, you will have time, options, the ability to compete, or walk away. The best times to seriously think about M&A is when you face a: 1. Business inflection point — have you achieved big milestones? 2. Market inflection point — are competitors getting bought up? 3. Acquirers are coming to you — you have options and leverage. Once you identify your goals, prepare for and de-risk the acquisition for the buyer, you’ll receive more offers than a lifetime spent waiting for big tech to knock on the door. What does it take to exit a business?  It pays to take a closer look at how the M&A works. Hard work and perseverance – both of which start before you even list your startup on the market. The more prepared and flexible you are, the bigger your buyer pool, and consequently, the more offers you’ll receive! We have brought together a great team of Founders & leaders to give you a complete 360-degree perspective and preparation for an eventful M&A Outcome. From Successful founders who had an exit, Legal firms across US and India who have dealt with several cross-border deals, Taxation experts who have insights on Tax laws applicable in India and in the US for Tech Startups, and Valuation Platform enablers. The last decade was all about starting up, this decade is about Starting up & Exiting. Exits are an important outcome for all stakeholders in the ecosystem and across ecosystems to strengthen the wheel of life - what goes around comes around! ‍ In this cohort, you will get to interact and network with some amazing Founders & Leaders who have had a successful Exit. Cross border M&A deals are even more complex than deals that happen within the same country. Due to this challenge, we have brought together some amazing startup friendly Legal, Valuation & Marketplace Teams, across US and India who will share their frameworks and process to help you plan better & be better prepared for an outcome. ‍ ### 10+ amazing founders & leaders **from the Industry across the world who will spend quality time with you to craft your exit journey.** **Founders who sold to** #### Cisco, Whafix, Awesome Motive, Livongo **Facilitators from** #### Pier Counsel, Barlow & Willams, Samkhya, Microacquire **Corporate** #### Deloitte ‍ ‍ What will you accomplish? ------------------------- ##### M&A Plan: Have a plan in action to begin your M&A journey Have a plan in action to begin your M&A journey ##### M&A Mentors: Hear from Mentors & Founders who have had different types of exit Hear from Mentors & Founders who have had different types of exit ##### M&A Community: You will forever be part of the M&A community you can turn to when you feel lost or need help Community: You will forever be part of the M&A community you can turn to when you feel lost or need help ##### M&A Clarity: You will come out with a better understanding of how M&A works and its nuances You will come out with a better understanding of how M&A works and its nuances ##### M&A Valuation: Understand how valuation works that you can defend strongly ‍ ‍ **Apply to be Invited!** ✅ First Come. First Called for Application Review. ✅ We're planning for 15 Startups in the cohort. 👍 Program Kick-off: 10 Jan 2022 📅 Program Duration: 4 Weeks ‍ **Apply early** 👉👉👉 [https://www.foundershiphq.com/program/get-m-a-ready-saas-ecommerce-startups](https://www.foundershiphq.com/program/get-m-a-ready-saas-ecommerce-startups) ‍ Would you mind sharing about this Cohort among your connections/ friends? ‍ Thank you! ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Inviting you to Get Ready to Sell SaaS to US B2B Mid Market Author: Unknown Published: 2021-12-14 URL: https://blog.foundershiphq.com/inviting-you-to-get-ready-to-sell-saas-to-us-b2b-mid-market/ Congratulations on starting up! ------------------------------- Now that you have a product, acquiring B2B customers is a key challenge for you to solve if you have not done this role before! Sales and Customer relationships are 2 very important traits of any founder that needs cultivation. This can happen only with a combination of mindset and a great attitude towards solving customer's challenges with your solution. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/61b84bb0ff5955a2129e13degetreadussaas-1649160512882-compressed.png) ​ Last decade India witnessed some amazing startups being built and selling to customers globally. For some it was inbound lead generation, for some it was an outbound lead qualification.  In both processes, it is key to navigate the customer through their buying process and build a scalable process along the way so that you can scale with your sales teams and not depend only on the founder! ‍ As a founder or an entrepreneur, it's your job to acquire customers for your business. **_You need to do it before you hire someone to do it and help you scale the organization._** ‍ Sales is one of the toughest challenges to solve in the startup journey, but also very scientific in nature. Given the number of tools today to gather insights, preparation for every prospect meeting is crucial. The difference between making a sale or not! ‍ Remember at the end of every prospecting call - someone is sold! Either customer is sold to buy the product/service or the founder is sold with a "No". ‍ If you don’t have the know-how of the changing landscape of the B2b Sales process, then how will you hire, execute and grow using customer revenue? And this got us wondering, _"_**_What if there is a better way?_**_"_ What if startup founders can mitigate risks and reduce the learning curve? What if startups had the guidance of other founder-mentors to show them the way? What if there was a network of founders & leaders that you can tag along on this journey? **Do you want to build a repeatable process or a system to find answers for** How to find my early adopters? How to find the decision-maker in my segment? how do I hire a Sales team when I have never done sales before? How should I set targets and achieve revenue goals? Should I sell to Mid Market or Enterprises? How do I create a compelling value proposition? ‍ To find some of these common questions that early stage B2b SaaS founders have, we decided to bring together some of the best founders and sales leaders in SaaS, who will share & teach you heir best practices, frameworks and process that led them to build growing teams & companies to help you build a fantastic 2022 **Shruti Kapoor - Cofounder -** [**Wingman**](https://rywingman.com) \- Actionable conversation intelligence platform **Sridhar Ranganathan - Cofounder -** [**B2Brain**](https://b2brain.com) - Account intelligence on autopilot for competitive sales teams **Abhijeet V - Cofounder -** [**Nektar**](https://nektar.ai)\- Connected revenue enablement platform **Anupreet Singh - Director Sales at** [**Slintel**](https://www.slintel.com) **Saurabh P - AVP Sales at** [**Tact.ai**](https://Tact.ai) ‍ In this cohort, you learn every week and apply the learning every week to make an impact on your sales process as Founder! ‍ **Apply to be Invited!** This is a high-demand program. ✅ First Come. First Called for Application Review. ✅ We're planning for 15 participants in the cohort. 👍 Program Kick-off: 17 Jan 2022 📅 Program Duration: 4 Weeks **Apply early** 👉👉👉[https://www.foundershiphq.com/program/get-ready-to-sell-saas-to-us-b2b-mid-market](https://www.foundershiphq.com/program/get-ready-to-sell-saas-to-us-b2b-mid-market) ‍ Would you mind sharing about this Cohort among your connections/ friends? ‍ Thank you! ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Inviting you to Web3.0 Community of Incredible Founders & Leaders in a Cohort Author: Unknown Published: 2021-12-10 URL: https://blog.foundershiphq.com/inviting-you-to-web3-0-community-of-incredible-founders-leaders-in-a-cohort/ We're sure you have heard NFT / Web3.0 by now! Isn't? There is a huge buzz. ‍ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/61af21be6e9a9f7bec2d63bbnew-business-ideas-with-nft-and-web-3-1649149940992-compressed.png) ​ **But there is massive confusion too in NFT & Web3 space!** ----------------------------------------------------------- ‍ Building anything around NFT & web 3.0 is almost jumping off a cliff and building an airplane on the way down. First, you have to understand the legal challenges, technology challenges, and what your customers want, then figure out how to develop a product and reach your customers in the most profitable way. Of course, you will also have to ward off naysayers and convince your cautious friends and colleagues whose risk appetite is not as big as yours that it's going to be ok. After all this, you will quickly realize that it's very difficult to take the leap of faith without the right sort of network, scope understanding and viable business model. And as if this was not terrifying enough, the journey of an uncharted territory of NFT, Crypto and web 3.0 can be brutally lonely. As you decide to move forward, you will have to get the right kind of people on board, know how to build a community and figure out your branding and marketing. Any rational person in that position would feel fear, uncertainty, and doubt, but as a passionate person, you cannot afford to share these feelings with anyone because you have convinced everyone around you, including your loved ones, that you will make it and be successful. ‍ We know this because we have been there. > And this got us wondering, _"What if there is a better way?"_ What if experienced NFT, Crypto, and emerging Web 3.0 leaders can mitigate your risks and reduce your learning curve? What if you had the guidance of other NFT & Web 3.0 founders & mentors to show the way? What if a network of NFT & Web 3.0 professionals you could tag along on this journey? ‍ All these questions kept us awake at night and eventually sprung us into action to start the "New Business Ideas with NFT & Web 3.0 Cohort Program". ---------------------------------------------------------------------------------------------------------------------------------------------------- Unlike other NFT /Web 3.0 courses, the Foundership "New Business Ideas with NFT & Web 3.0 Program" is 100% driven by expert founders & leaders designed to help you learn and get ready to apply in your context. You are an entrepreneur, creator, developer, or business professional. You want to network with Incredible People around the world in NFT, Web 3.0, DeFi & Crypto landscape. Stay with them in a Web3.0 community space, learn as they progress and explore your business opportunities in Web3.0. 12 Founders & Leaders from some of the finest Web 3.0 Startups are here with you. --------------------------------------------------------------------------------- ### Polygon, PolyTrade ### Chingari, GuardianLinks ### Hona.ai, OnJuno ### OroPocket, RefreshMint  ### PaGaLGuY, GetEvangelized  ### bl0xchain, 7 This is a 4-week program for the participants to go through a structured process of learning from * Program Expert's playbooks/teaching materials with some guided goals /activities * Program Mentor's case studies /AMA /specific Q&As * and Guest sessions ‍ > You will _Learn with Experts Founders & Leaders → Ideate & Experiment with Peer → Be Ready to Ideate /Grow Business with Web 3.0 and NFT → Be with Community Learning → Be a Doer._ #### **What is the schedule of this program?** * We host weekly live sessions during weekday evenings/weekends with 60 minutes each session. * We have 2 to 3 sessions for each week. * The respective Program Experts will drive each session. #### **What will you achieve?** **NFT & Web 3.0 Clarity** You will come out with a better understanding of NFT, Crypto & Web 3.0 space to explore your ideas for starting up, trading and investing. **NFT Web 3.0 Plan** Thanks to program mentors and experts, you will be in better shape to plan projects/products. **Skills** You will acquire new skills in NFT, Crypto & Web 3.0, understanding of what kind of resources you will need and, most importantly, when you need them. **Web 3.0 Community** You will forever be part of the NFT, Crypto & Web 3.0 community you can turn to when you feel lost. **Apply to be Invited!** ------------------------ > This is a high-demand program. ✅ First Come. First Called for Application Review. ✅ We're planning for 40 participants in the cohort. 👍 Program Kick-off: 07 Jan 2022 📅 Program Duration: 4 Weeks 👉 Program Schedule and Calendar: [https://foundershiphq.notion.site/New-Business-Ideas-with-NFT-Web-3-0-Dec-21-Cohort-Schedule-Foundership-f6a1b10f41c94060a83e2a38c1c978e8](https://foundershiphq.notion.site/New-Business-Ideas-with-NFT-Web-3-0-Dec-21-Cohort-Schedule-Foundership-f6a1b10f41c94060a83e2a38c1c978e8) **Apply early** 👉👉👉 [https://www.foundershiphq.com/program/new-business-ideas-with-nft-web-3-0](https://www.foundershiphq.com/program/new-business-ideas-with-nft-web-3-0) Would you mind sharing about this Cohort among your connections/ friends? Thank you! --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Will India Continue Working From Home in 2022? Author: Unknown Published: 2021-11-25 URL: https://blog.foundershiphq.com/work-from-home-2022/ A few years ago, with the advancement of technology, there was a rising trend about concepts like 'remote working', 'laptop lifestyle', etc. These working styles were already becoming normal in the Western side of the world while slowly getting popular in Eastern nations. ![macbook pro displaying group of people](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/616e7e7354a6281275c36646will-india-continue-work-from-home-in-2022-1649146621820-compressed.jpeg) I remember being added to various social media groups where many frustrated employees ranted about the soul-sucking office environment and shared memes about how half of their lives passed in traveling. Everyone dreamt of being able to work from home or anywhere they wanted & it seemed like a luxury rather than a provision. But then, in 2020, the pandemic happened! Who knew the work culture that many people dreamt about would become less of a want and more of a need? Since then, the term' work from home' has received lots of mixed reviews and opinions. More than a year has passed to date and the work culture still doesn't seem like it's getting back on track. While many companies have already announced in advance that they will be adopting this model for another 1 year, few others are trying their best to bring their employees back in the office. But before directly getting into, "Will work from home still be continued in India in 2022?" (or even after that) - Let's shed some light on what outcomes are seen by this new work culture & how companies, as well as employees, are approaching it. Perks of Working From Home ========================== If the model was dreamt of before and is preferred currently, there should be numerous benefits. It could be a win-win situation for both employers & employees. So let's take a look at some of the benefits of working from home. * Safety is where this began. Thus, post covid, the biggest benefit of work from home is safety. * Better work-life balance as you get to spend more time with your family. * You don't have to worry about your daily commute, which completely ditches the traffic & travel stress. * There is a great sense of independence about location & workspace. You don't have to stick with the same desk or the same cabin daily. * There are savings on money mainly due to cutting down on traveling and extra expenditures like having food or snacks outside. * Brings down the infrastructural costs for the organization or a company. Why Do Many Organizations Prefer Hiring Remote Workers? ======================================================= Organizations don't prefer hiring remote workers only because employees want to avoid the daily commute or spend more time with their families. However, there are many benefits to working remotely. And the increased number of remote-friendly jobs proves that organizations are now embracing this trend. ![man holding his head while sitting on chair near computer desk](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/616d314a3de5fd112d8ea3f0_photo-1511203466129-824e631920d7.jpeg) ‍ ‍ Firstly organizations can avail the flexibility of being able to hire almost any candidate irrespective of their residential locations, which opens up the entire country (or the world for that matter) for the companies and find best fitting talents for the respective positions. Secondly, organizations can cut down huge costs that go up on infrastructure and travel allowances. Saving up on these costs will leave with fatter profits for the organization, which can be utilized elsewhere. Challenges of Working From Home =============================== Not everything is a sweet tale and thus, with numerous benefits comes numerous challenges. Let's look at what downsides are being faced due to the long-term continuation of the model. * You get a feeling of isolation that takes a toll on your mental health. * Employers may take you for granted, which might result in overworking. * Work from home is a double-edged sword when it comes to productivity. Either it can increase or can hugely decrease due to tons of distractions. * There is a sense of disconnect from the workplace & a huge drop in exchanging of ideas, co-worker interactions, etc., that may lower the motivation and harm the individual growth. * May result in physical inactivity, which results in poor health. * Not all work is computer work. Many jobs require employees to be present physically at the workspace. Such industries suffer a lot. Why Do Some Companies Still Prefer to Have Employees on-site? ============================================================= While working from home offers a lot of benefits to companies and employees, there are still a lot of companies that won't hire people who work from home. Many people think it's just a matter of time before every company goes remote, but that might not be the case. ![seven construction workers standing on white field](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/616d2fbf5338ce294a6105a8_photo-1541888946425-d81bb19240f5.jpeg) ‍ There are many reasons why some companies prefer to have employees on-site, and it's not just because of the cost of having them work from home. There are some industries where it isn't possible to work from home due to the nature of work, and there are some other companies need their employees on-site to ensure that they are happy and productive. _Few types of Industries that would not afford to go completely remote are -_ * Automobile Industries * Manufacturing * Medical & Healthcare Industry * Arts & Entertainment Industry * Government Offices * Banking Industry * Real Estate & Construction Industry * Any industry that requires the operation of machinery How Will Companies Overcome These Challenges? ============================================= Despite the pros and cons of working from home, it is more of a need of an hour, as I mentioned earlier. However, it's not a want or a luxury anymore. Thus, to overcome the challenges, companies have started taking various steps that can make this model sustainable for at least a year or two to come. The Hybrid Model ---------------- The hybrid model allows only partial employees to show up at the workspace on certain days and the other part to show up on other days. This keeps up with the safety guidelines as issued by the Governments and keeps the employees engaged and motivated. Therefore, the stagnancy of isolation can be easily overcome by this model. ![man in black t-shirt and blue denim jeans standing in front of blue plastic container](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/616d303c937f69d0195a9f07_photo-1580835916901-40770720c505.jpeg) ‍ In other companies where a physical workforce is required, this hybrid model was seen to be modified a bit. For example, in the Automobile sector, the Assembly Line engineers and technical staff were asked for 100% physical attendance, whereas the automation, marketing, and management guys were still asked to keep working from home. Thus, considering that it is going to require at least a couple of years for the world to come out from this pandemic situation (or who knows when?) - the hybrid model seems more promising and a win-win model for both employees and employers. Co-Working Places ----------------- When we see that the biggest challenge of employees working remotely is the feeling of isolation and taking a toll on their mental health, co-working places can be a sweet spot. Co-working places are the places which are well equipped with all the facilities required for someone with a profile of desk job to be able to work. These places are shared amongst a lot of different people from different companies. They were earlier popular amongst the freelancers but due to the changing work culture, a lot of employees who are on work from home routine are also seen using these. ![people sitting on chair in front of laptop computers](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/616d2eecc5b9346039ae265e_photo-1603201667141-5a2d4c673378.jpeg) ‍ A new trend was seen in the metro cities called 'walk to work', which consisted of choosing a workplace walking distance away from home over working at home or traveling far to the office. As it is impractical to find a whole new organization like that to work, it made sense to choose a co-working place instead. But again, maintaining proper safety guidelines at such places became another issue that beat down remote work's whole purpose. Future of Remote Work in India ============================== The practice of remote work in India became mainstream solely due to the pandemic and the COVID19 guidelines issued by the Governments. As time passes and the vaccination drives are successfully taking place, the regulations may loosen up. However, few companies have already started to open up with 50% occupancy. But this doesn't mean that things will be exactly how they were before. For example, work from home didn't go anywhere in 2021 and will not go anywhere in 2022. ![macbook pro displaying group of people](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/616d30fe97de74b56893f444_photo-1588196749597-9ff075ee6b5b.jpeg) ‍ With the mixed responses from employees and employers, as I mentioned above, there will surely be some reformation & initiatives taken by the organizations to overcome the challenges being faced in work from home culture and come up with some solution to make it sustainable. But one thing is for sure. We are already adapting to the new culture and it is going to stay in practice for years to come. The New Normal? =============== While it is true that the trend of working from home started after the COVID19 pandemic, it proved as a testing phase for companies, not only in India but across the globe. While the world has suffered terribly because of the pandemic and it is not something we would have wished for, but when it comes to having a shift in the working lifestyle, it won't be an exaggeration to say that it served as a boon in disguise. If you are on a hunt for a new job, make sure you prepare yourself for the remote fulfillment so that you give your best. Suppose you are someone who is an employer or an owner of the organization. In that case, you should probably start brainstorming on how you are going to keep your employees motivated and engaged while they work from their home in their shorts remotely. And if you are someone who is an employee and already working in the company remotely, then become used to the Zoom calls and video conferences as that is going to be your new normal in 2022! So what do you think about our opinion? Do you have anything to add up? Or maybe you have a completely different perspective about the topic. Then go ahead and let me know in the comment section below so that we can keep the conversation going. ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 10 Ways to Exit a Startup: Choosing Your Exit Strategy Author: Unknown Published: 2021-11-25 URL: https://blog.foundershiphq.com/startup-exit-strategies/ Exits are not bad. If you have worked hard enough on an idea & built a 'workable' business around it, you should get rewarded for your efforts. Having a good exit strategy takes care of it. There can arise various scenarios at some point in time in the near future when exiting your startup shall be the only best way to keep things moving forward. ![ways you can exit a startup](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/619f3789948b1a430e0ecb99exit-strategies-for-a-startup-1649146995003-compressed.jpeg) **The reasons to exit your startup can be** - * You may have a new mission in your life. * You may get a good financial offer for the exit. * You may go bankrupt. * You may see a bigger opportunity. * You may run out of motivation to run the same company for too long. * You may burn out on cash. So as you can see the above scenarios are quite common in the life of an entrepreneur and they may come in your life as well. And the only difference between a successful exit and a failed exit is that the founders who experienced a failed exit lacked a plan. Why Do You Need An Exit Strategy? ================================= If one is prepared and has a strategy in place, the business exits can turn glorious instead of disastrous. There are many reasons why you need to have a business strategy way before you start running your business. The reasons are - * To decide whether to go with the short-term or long-term income plan. * To limit the losses that the company faced. * To encash the investment that founders did for a long. * To safeguard your and your company's reputation in the market. So now that you know how important it is for you as a founder to have an exit strategy, in this article, let's take a look at what are the 10 different types of business exits and what is the upside & downside of each of them. By going through all of them, you will get a clear idea of what your way can be and prepare for the part. Also, if you be with us, you will get an opportunity to witness the case study of one of the glorious tech startup exits that happened recently which may inspire you and answer some of your million dollar questions. So without a further due, let's dive straight into the 10 ways of exiting from your startup. 1- Initial Public Offering (IPO) ================================ In IPO you cash out your shares as stocks for the public to invest in. Listing your company in the public through IPO as an exit strategy is one of the most challenging things one can do. There are a lot of regulations and compliances one becomes responsible for once a company goes IPO. But all things said and done, it can be one of the most lucrative exits as well. Your reputation is not affected, and you may expect a good deal as well. Why Go With IPO? ---------------- * You can expect the highest profit with IPO than any other exit strategy. * The company's reputation is not affected by this type of exit. * Instead, you may receive some good publicity as well. Down Sides of IPO ----------------- * There are higher compliances and your company goes under extensive scrutiny. * Your business has to go in the progressive direction or else it might not work very well. * IPO is a costly process and has several risks & responsibilities associated with it. 2- Merger & Acquisition ======================= When you want to sell your business, Merger & Acquisition is probably the best strategy to do. Most of the glorious and successful exits that founders went through in the past were made through mergers or acquisitions. In this type of exit, your company is merged with or is acquired by (in short, is sold to) another company that can be either your competitor or a large company who is wanting to expand in your territory. ![merger and acquisition exit strategy](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/619f3b32db6ce925f45f74c5_photo-1507679799987-c73779587ccf.jpeg) ‍ Why Go With Merger & Acquisition? --------------------------------- * You can negotiate on the pricing. * You and your investors stay in profit. * You have control over your terms. * The company stays in place & gets a new direction ahead. Down Sides of Merger & Acquisition ---------------------------------- * Lawsuits can happen if the deals aren't conducted carefully. * The Merger & Acquisition takes the longest time to execute. * The process is a bit tedious and costly. * If the founders are not prepared enough, the deals are bound to fail. If you are a founder and looking for the most ideal strategy for your glorious exit, this is the one! And, if you want to learn more about how you can plan the merger or acquisition for your own startup in the future, we have an inspiring case study for you. Recently, we at Foundership were able to bring in Ravi Trivedi on the board, a man who was able to successfully sell his startup PushEngage for millions. Take a look at the case study where you will be able to learn and gain insights about how to plan your exit strategy, what all can go wrong, and much more - directly from the man himself. 3- Finding a Private Equity Firm ================================ In this case, your company doesn't face any merger or change. It will still be in its original form. All you need to do is to find a private equity firm that is interested in your business and you can cash out all your shares to them. All the operations and company liabilities are then carried forward to the private equity firm. Why Find a Private Equity Firm? ------------------------------- * Private equity firms are already experts in operating businesses. * You may expect some good returns from them. * Private equity firms work with the management team which opens up the possibility of a newer better vision for the company. * The process is quick and fast. Down Sides of Finding a Private Equity Firm ------------------------------------------- * The way private equity firms function is sometimes notorious * The functioning of your business can hugely suffer once such firms step in. * They may misuse the debts to make financial deals. * There are very few regulations applied on such deals & thus, transparency is at stake. 4- Family Succession ==================== This is the most natural exit that can happen in any business. When one generation is done performing their duties and taking a business to a certain level, there is time to retire from the active operations. This is where they can transfer the ownership of the company to the next generation, mostly their kids or relatives. Benefits of Family Succession ----------------------------- * Familiarity of business will be good enough within the family members. * You can still be a part of the business as an advisor or a consultant. * The person taking over the business in succession can stay well connected with your current network and allies. * It is a less complicated & quicker process. Down Sides of Family Succession ------------------------------- * The successor taking over your position may not be capable enough to handle things in the same way you did. * Competence is never the criterion when deals happen within the family. * Company function may affect for a while. * Unfair deals and offers can lead to stress within your family life. 5- Acqui-hires ============== When people who are working in your company and their talent is a bigger asset than any other resources, other companies can be interested in acqui-hiring your company. What this means is that a company will acquire your startup only for the talent that is working within your startup. ![business exit strategy for startup founders](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/619f3a9cfe19341a727b9f6d_photo-1517048676732-d65bc937f952.jpeg) ‍ Why Go With Acqui-hires? ------------------------ * You have the power to negotiate the deal for a better price. * In this case, the talent of your team is your asset which makes it irreplaceable. * Your team can get well rewarded and they plan for a better future. Down Sides of Acqui-hires ------------------------- * Finding investors or buyers for such a deal is a tough task in itself. * It is one of the most complex and challenging strategies to execute. * The acqui-hire legal process can be costly. 6- Management Buyouts ===================== As the name suggests, in the management buyouts, people working within your company agree to take over the company and get promoted to the higher or more senior level. This way the company's leadership or management board is not affected in any way and you get to exit. Buyouts can be done by either the management board members or even the employees of your company. Why Go With Management Buyouts? ------------------------------- * The person taking over the business will already be familiar with the company function & norms. * The process should be the easiest, quickest, and less challenging one compared to other ways. * You get the satisfaction that the company is still belonging to someone from within the company and not the outside people. Downsides of Management Buyouts ------------------------------- * It is often very difficult to convince someone from your managerial team to take over the company. * There can be slight effects on your business as the leadership changes. * Again you may not be too rigid about your offer and may need to compromise. 7- Bankruptcy ============= This is not an exit that you want to take. In bankruptcy, all the assets of your company get seized by the bank and your company is shut. Such exits plans do not make it into the business plans, but if things go in the worst case and turn upside down, this can be the last path you can take. Pros of Bankruptcy ------------------ * Your debt gets clear. * You may be relieved from the responsibilities. * You may see the burden of your entire company that was on you getting lighter all at once. Cons of Bankruptcy ------------------ * The reputation of the company is at stake. * Your personal reputation as a founder & your credit score also gets affected. * You may not get or may find it difficult to get the funding for your next startup. 8- Corporate Spinoffs ===================== Corporate spinoffs are nothing but when a specific section of your company becomes separated from the main company and functions as a spinoff. This results in focusing on the aspects of your company that may perform well. But in order to do so, you need to forecast and explain to the investors that the particular area of your company still has the potential and can be profitable in the long run. Why Go With Corporate Spinoffs? ------------------------------- * You can still maintain the ownership of a company. * There is a razor-sharp focus on particular aspects of the business due to the division of business areas. * The risk of both - parent and subsidiary companies can be reduced. Downsides of Corporate Spinoffs ------------------------------- * You can see an effect on employees' comfort & productivity. * The cost of company operation increases. * There is a temporary fluctuation of share price as per the market volatility but which may lead to decreasing demand and a fall in price. 9- Liquidation ============== This is another type of exit that you should avoid. What do we mean by the exit through liquidation is when you sell out all the company assets and become free from all the liabilities. Once you liquidate your company, the company is truly no more. Every trace of it ends. While you may get a good price while cashing out on all the assets & the process too will be simplest, but this may affect your reputation as the founder in a big way. ![ways you can exit a startup](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/619f39fe668bae5ccf1573c2_photo-1450101499163-c8848c66ca85.jpeg) ‍ Why Go With Liquidation? ------------------------ * Liquidation ends a business once and for all. If this is what you are looking for, it's a benefit. * This is the easiest way to execute the strategy and does not require a particular process like that for mergers or other ways. * You become free from all the liabilities of this specific business. Downsides of Liquidation ------------------------ * This is the worst-case scenario and is not a very valued way to exit. * Your reputation as a founder may get affected. * The relationship between you and your team as well as the customers may get cut off. 10- Selling Your Stakes To Partner or Investor ============================================== In this exit type, you can sell your stake to your partner or any external investor. Here, the investor can be your friend, relative, or any known person. The only situation in which such a deal can not take place is when you are the only sole owner of the company. Apart from that, such deals work well. Pros of Selling Your Stakes --------------------------- * There is low to no effect on the company and its income sources remain stable. * Your partner is already familiar with the function thus the company keeps on running like before. * If an investor comes in at this level, he definitely should have some interest or a plan that can have a positive impact on your company's growth. Cons of Selling Your Stakes --------------------------- * Finding an investor at this stage of a business is difficult. * A partner may not be willing to pay a good price for the exit & there can be huge negotiations. * If you look for a buyer who is a friend or a relative, then you may face even more negotiation & may get the lowest possible price. Choose the Right Exit Strategy for Your Startup =============================================== By now you must have got a clear picture of how the different types of exit strategies look like, what are their pros and cons and why you need to have one. As they say - "a goal without a plan is just a wish", you definitely don't want to keep on wishing that if anything goes wrong in your entrepreneurial journey, exiting will be easy. It won't. But if you prepare yourself and have a strategic plan ready even before your startup goes on the floor, your startup exit will not only be easy but rewarding as well. We at Foundership have taken the initiative to help founders get Merger & Acquisition ready and build an exit strategy that gets more offers. Take a look at the PushEngage Merger & Acquisition case study from the Ex-Founder, Ravi Trivedi himself who sold the company for millions. Also, if you have any other queries regarding merger & acquisition or entrepreneurship in general, feel free to shoot us an email here - [we@foundershiphq.com](mailto:we@foundershiphq.com) and we will make sure to answer them for you. ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 50 Most Useful No-Code Tools for Entrepreneurs in 2022 Author: Unknown Published: 2021-11-25 URL: https://blog.foundershiphq.com/no-code-tools/ Ideas should not be restricted by technology. At least not when it comes to coding. In the startup world, there are tons of things that one needs to learn to execute things. But because of it, you can't stay eligible for every damn task. A decade ago, when you had to create even a simple project on the internet, you needed to figure out how to write a code for that. This restricted a lot of brilliant ideas that non-coders had & limited their thought process. Coding was (and is, still) the most important & in-demand skill. But due to the learning curve, the dreamers & startup enthusiasts with no background in coding became helpless & were highly dependent on coders. This resulted in lower productivity, lesser execution & required higher expenses even for the smaller simpler projects. But then, the coders worked on something revolutionary and the roadblock of - ideas getting restricted by skills got cleared for good. What happened? The NoCode tools were born! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/618a93270ffc27433430bf7cnocode-tools-for-entrepreneurs-in-2022-1649146935135-compressed.jpeg) What is no-code all about? ========================== When we say no-code tools, we do not mean that the tools themselves are built without a code. We also do not mean that the project that you will be going to execute will not be created using code. No-code tools simply are the tools that are pre-coded & when certain tasks are done using them, the code gets automatically written as per the activity as per Artificial Intelligence. The beauty of these tools that makes them useful for tech entrepreneurs (who do not have a coding background) is that they have a simple Graphical User Interface to create, control or modify the activities. You can create your project using this interface. Yes! No coding is needed. In simple words, the tool is built using code, the project that you are working on will be created using code, but you do not have to write a single code for doing it. Why do you need no-code tools? ============================== Be it simple tasks like onboarding a customer or complex tasks like creating websites, building apps, doing marketing automation, or scrapping massive data; such things have become simple recently only due to no-code tools. Without the no-code tools, these things would require a lot of skills, time, human efforts & expenses to execute. Impossible for people without a coding background! In every field of business, there are many such tools today, taking shape & available to make things easier. These tools can differ according to the industries. But if you are a tech entrepreneur, we have assembled a list of 50 most useful no-code tools segmented as per the types, that can make your life easy & open up huge possibilities for you to step into the startup world. Types of NoCode Tools ===================== Tech entrepreneurs need different tools to fulfill various requirements. And when it comes to no-code tools, it is very difficult to segment them into a particular type as every tool has its own purpose with a unique offering. But considering all the things that need to be done in a startup, we have listed 50 different no-code tools segmented as per 9 different types of purposes that need to be fulfilled. At last, we are here to help you build your no-code toolkit. 1\. Website & Web App Building Tools ------------------------------------ Building a website or a web application is one of the most challenging tasks in the online world. But unknowingly due to a lot of no-code tools already being in the market, we have started finding these things easy to make. Let us take a look at a few no-code tools that will make your website or web app building process like a breeze without writing a single line of code. ### 1- Bubble Bubble is the a powerful no-code platform that helps in creating digital products. With Bubble we can build no-code web apps in a better and faster way. [Explore Bubble](https://bubble.io/) ### 2- Webflow Webflow makes it possible to designers to build professional, custom websites in a completely visual canvas without the need of a code. [Explore Webflow](https://webflow.com/) ### 3- Thunkable Thunkable makes it easy for you to build the apps - whether you’re looking to get hands-on with no-code creation, looking to launch your business, or want to extend your existing product to mobile. It has a simple drag-and-drop design canvas and powerful logic blocks that allow you to create apps at ease. [Explore Thunkable](https://thunkable.com/#/) ### 4- Peaka Peaka is the easiest way to build web apps without needing you to code. You can create frictionless, pixel-perfect designs with their visual editor and turn them into customer-facing responsive web apps with no code. [Explore Peaka](https://www.peaka.com/) ### 5- Carrd Carrd lets you build simple, free, and fully responsive one-page sites for pretty much anything and everything. [Explore Carrd](https://carrd.co/) 2\. Mobile App Building Tools ----------------------------- Even people who are experienced in making websites using Content Management System platforms or no-code platforms have no idea how a mobile app is created. It has been a complex process for a long (till no-code flourished). But this article is about making things simple for you and not complex. So let's take a look at some tools that will make a mobile application creation task easy for you without making you write a code. ### 6- Bravo Studio Bravo Studio is the fastest mobile app-building platform. You can convert your designs into native apps, instantly using their platform. [Explore Bravo Studio](https://www.bravostudio.app/) ### 7- Adalo With Adalo, you can build your very own mobile app & turn your startup idea **i**nto reality without coding. [Explore Adalo](https://www.adalo.com/) ### 8- Glide Glide empowers you to build powerful mobile apps from spreadsheets. With it, you can build an app for your business in five minutes, for free, without writing any code. [Explore Glide](https://www.glideapps.com/) ### 9- AppGyver Once you start using AppGyver, you will never go back to coding. AppGyver is the world's first professional no-code platform, that enables you to build apps for all form factors, including mobile, desktop, browser, TV, and others. [Explore AppGyver](https://www.appgyver.com/) ### 10- Appsheet Appsheet is the intelligent no‑code platform. So with it, you can reclaim your time and talent and build excelent no-code apps and automation. [Explore Appsheet](https://www.appsheet.com/) 3\. Membership Integration & Management Tools --------------------------------------------- You have your website now, but what next? It is important to assist your customers with onboarding & guide them in your platform. Here is where no-code onboarding tools come into the picture. They will not only make guiding your users a smooth process but will ensure that your users keep coming back. ### 11- Member Stack Member Stack provides beautiful user logins & payments for any website. \*\*\*\*If you are building a web application using Webflow, React, Vue, or other, they also have their developer programs. [Explore Member Stack](https://www.memberstack.com/) ### 12- Constant Contact Whether we are launching an email marketing campaign to engage customers, building a website, uploading products to our eCommerce store, generating social media awareness, or boosting sales with Google Ads, Constant Contact has all the tools and guidance that we might need to achieve the results, all in one place. [Explore Constant Contact](https://www.constantcontact.com/) ### 13- User Guiding User Guiding allows you to boost your growth in a couple of clicks using their onboarding flows\*.\* With their no-code solution, we can build interactive product guides literally in minutes. [Explore User Guiding](https://userguiding.com/) ### 14- SmartyStreets SmartyStreets defines themselves as ridiculously awesome address verification platform. They have a solution for USPS and International Address Validation. From their APIs, to their list-processing tools, they have an address validation solution for you. [Explore SmartyStreets](https://www.smartystreets.com/) ### 15- Elfsight With Elfsight, we can upgrade our website without using a code. Elfsight widgets help more than a million website owners to increase sales, engage visitors and collect leads. So with Elfsight, we can save our time and money using their ready-to-use solutions and grow our business faster! [Explore Elfsight](https://elfsight.com/) ### 16- MemberSpace MemberSpace allows us to turn any part of our website into members-only with just a few clicks We can create memberships for anything we want like - courses, video tutorials, member directories, and more while having 100% control on the branding. [Explore MemberSpace](https://www.memberspace.com/) 4\. Voice Tools --------------- We all love to give commands to Siri, Ok Google, or Alexa & make them work for us. Consumer behavior when it comes to voice technology is changing and adapting in a subtle way. But when you need to adopt this technology within your startup to increase your productivity or make things easy, it becomes difficult without knowing how to code. And here is where these awesome voice tech tools come to your rescue. ### 17- Voice Flow Voiceflow is an extremely useful and easy tool to use that helps teams design, prototype, and launch voice & chat assistants. [Explore Voice Flow](https://www.voiceflow.com/) ### 18- Otter Otter helps us generate rich notes for meetings, interviews, lectures, and other important voice conversations. We can call it as our AI-powered assistant. [Explore Otter.ai](https://otter.ai/) ### 19- BotTalk BotTalk generates speech that sounds so appealing, natural and human like that we can not tell the difference between real voice and BotTalk generated voice!  It is an Audio Content Management System for lifelike text-to-speech experiences that can be useful for Entrepreneurs. [Explore BotTalk](https://bottalk.io/) ### 20- MessageBird MessageBird is an omni-channel communications platform, built for a global scale. Few of the most innovative companies around the world build communication solutions using their applications and APIs. [Explore MessageBird](https://www.messagebird.com) ### 21- Easyvoice Easyvoice helps you transform your ideas into life with their voice functionality. And you don't need coding for that! You can create your voice app in minutes and publish it to Amazon Alexa and Google Assistant. [Explore Easyvoice](https://easyvoice.in/) 5\. Project Management Tools ---------------------------- This is something that is necessary no matter what industry you serve in. Project management tools help you to create to-do lists, assign tasks to your team members, create activity calendars, take notes and so many other things. We can also call them productivity tools. ### 22- Notion Motion is a workspace platform that every team needs. They are more than a doc, a table or a sheet. We can customize Notion to work the way we want. [Explore Notion](https://www.notion.so/) ### 23- Airtable Airtable helps us accelerate the work and unlock our full potential with powerful apps that connect our data, workflows, and teams. [Explore Airtable](https://www.airtable.com/) ### 24- Coda Coda helps you escape for those tedious sheets. They help you bring in all the words, data, and team together. [Explore Coda](https://coda.io/) ### 25- ClickUp ClickUp is that one app, that can replace all the other project management aps. They help you put all of your work in one place ie. Tasks, Docs, Chat, Goals, etc. [Explore ClickUp](https://clickup.com/) ### 26- Evernote Evernote helps you tame your work and organize your life. They empower you to remember everything and tackle any project with your notes, tasks, and schedule all in one place. [Explore Evernote](https://evernote.com/) ### 27- Confluence Confluence is a tool by Atlassian, that helps us accomplish more together. It serves us like our remote-friendly team workspace where knowledge and collaboration meet. [Explore Confluence](https://www.atlassian.com/software/confluence) 6\. Automation Tools -------------------- What’s the use of getting online when you cannot automate things? The beauty of automation tools is that they can save you a lot of time, avoid human errors and execute tasks at the speed of light. Only if you are able to automate your daily tasks as such, can you be able to scale up your work & operations. ### 28- Zapier Zapier is the most popular tool that helps us connect our apps and automate workflows. They call themselves as 'easy automation experts for busy people'. Zapier helps us move information between our web apps automatically, so we can focus on our most important work. [Explore Zapier](https://zapier.com/) ### 29- Automate Automate helps us connect our cloud apps. They help us to automate our work. We don't need any IT or coding intervention to do the tasks and can automate the repetitive process in minutes. [Explore Automate.io](https://automate.io/) ### 30- Integromat Integromat helps us achieve more in less time with fewer people. They lets us connect apps and automate workflows in a few clicks. Moving data between apps without effort has become easy due to tools like Integromat. [Explore Integromat](https://www.integromat.com/en) ### 31- Integrately They specify it clearly. They have 8 Million+ ready automations for 500+ Apps! With Integrately, all you need to do is select automation and activate it. That’s it! [Explore Integrately](https://integrately.com/) ### 32- Albato Albato is that one single platform, that is enough for you to do all sorts of automation. With Albato, we can connect any apps in just 5 minutes without the need of programmers. [Explore Albato](https://albato.com/) 7\. Analytics Tools ------------------- If you aren’t tracking your user activity - be it on your website or on your app, you are losing a massive amount of data that can actually help you optimize yourself for growth. And tracking users don't have to be complex. If you simply master these no-code analytical tools, you are all set to dig for the gold. ### 33- Obviously Obviously makes data predictions possible within minutes, without making us write code. The entire process of building machine learning algorithms and predicting outcomes is made easy with just a few clicks. [Explore Obviously.ai](https://www.obviously.ai/) ### 34- Mixpanel Mixpanel is a powerful tool, that makes it possible to self-serve product analytics and help you convert, engage, and retain more users. [Explore Mixpanel](https://mixpanel.com/) ### 35- Google Analytics Google Analytics is a web analytics service offered by Google that tracks and reports website traffic, currently as a platform inside the Google Marketing Platform brand. [Explore Google Analytics](https://analytics.google.com/) ### 36- Matomo Matomo is a Google Analytics alternative that protects your data and your customers' privacy. With their powerful data analytics platform, you can 100% own your data unlike other alternatives. [Explore Matomo](https://matomo.org/) ### 37- Fathom Fathom is easy to understand, less time-consuming to use, and best, does not exploits visitor data for big tech to profit. Fathom revolutionized website analytics by making them user friendly and respectful of privacy laws (like GDPR). [Explore Fathom](https://usefathom.com/) ### 38- Piwik PRO Piwik PRO helps us analyze our customer journey across websites and apps. It is an analytics suite with a focus on user privacy and data security. They also claim to be the perfect alternative to Google Analytics. [Explore Piwik Pro](https://piwik.pro/) 8\. Customer Service Tools -------------------------- The way people will experience your business and the impression they will have about your brand is going to be highly dependent on how your customer services are. Did you notice on every other review site, most of the time people complain or appreciate the customer service of a particular company? These tools will make your & your customers’ experience smoother in this aspect. ### 39- Zendesk Zendesk helps us to make our customer service better. They have built their software to meet our customer needs, set our team up for success, and keep our business in synchronization. [Explore Zendesk](https://www.zendesk.com/) ### 40- Intercom Intercom is a customer service platform and they simply make it easy to connect with our customers. [Explore Intercom](https://www.intercom.com/) ### 41- Helpjuice Helpjuice is easy-to-use and most powerful knowledge base software which helps us to scale our customer support, and, collaborate better with our team. [Explore Helpjuice](https://helpjuice.com/) ### 42- Freshdesk Freshdesk is an omnichannel service which improves interaction and supports every student, parent, and faculty with delightful customer service across every channel. [Explore Freshdesk](https://freshdesk.com/) ### 43- HelpScout HelpScout is a customer support platform for growing businesses. It is simple to start, powerful to grow, and has proven to build better customer relationships. [Explore HelpScout](https://www.helpscout.com/) 9\. Marketing Tools ------------------- This is going to be the bloodline of your business. Without effective marketing, you are not going to move ahead even an inch in your business. Thus, having the marketing tools handy that will not require much learning curve & will do the tasks for you effectively is going to help you big time in your startup marketing activity. ### 44- Hubspot Hubspot is a CRM platform that is both powerful and simple to use. With them, we can create delightful customer experiences and have a good time doing it. [Explore Hubspot](https://www.hubspot.com/) ### 45- Mailchimp Mailchimp started as an email marketing tool, but they slowly got transformed into an advanced marketing platform. With them, we can get down to business and grow sales. [Explore Mailchimp](https://mailchimp.com/) ### 46- Drift Drift helps us bring our go-to-market teams together to deliver personalized customer experiences in real-time – so that we can increase our revenue, shorten our sales cycles, and work more on strengthen your brand. [Explore Drift](https://www.drift.com/) ### 47- GetResponse GetResponse, another tool started as a simple email marketing tool has now transformed themself into a powerful, simplified tool to send emails, create pages and automate our marketing. [Explore GetResponse](https://www.getresponse.com/) ### 48- Zoho Zoho offers a robust marketing and customer relationship management tool that has empowered a global network of more than 250,000 businesses across 180 countries and helped them convert more leads, engage with customers, and grow their revenue. [Explore Zoho CRM](https://www.zoho.com/) ### 49- Pipedrive With Pipedrive you can see, track and manage your entire sales pipeline from one place. It is the CRM specifically designed for sales teams to increase their conversion rates significantly. [Explore Pipedrive](https://www.pipedrive.com/) ### 50- Active Campaign Active Campaign helps us drive growth using their customer experience automation. They empower us with email marketing, marketing automation, and CRM tools that we need to create incredible customer experiences. [Explore Active Campaign](https://www.activecampaign.com/) Start Your No-Code Entrepreneurial Journey! =========================================== By now you must have understood how powerful no-code tools are and what all possibilities they open. If you master even a few tools from the above list, it will be the most useful toolkit you will ever have in your entrepreneurial journey. But mastering a tool is just a small part to start working on your side project. It is not enough for you to prepare your side project for success, launch it and transform it into a startup in the future. Besides no-code skills, you need a lot of things to validate your idea & take it forward to make it big. That’s the reason why at Foundership we have designed a 4-week mentorship program called ‘[Build Your Side Project With NoCode](https://www.foundershiphq.com/program/build-a-side-project-with-nocode)’. It is not some recorded online course, but a dedicated cohort-based mentorship program where you get trained & guided by experienced no-code mentors, platform builders & creators who have launched successful startups earlier, been there & done that. To know more about the program, check out [this](https://www.foundershiphq.com/program/build-a-side-project-with-nocode) page & apply for the upcoming cohort (only limited applications are accepted). --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## How Does Startup Funding Work in India? - 7 Stages Author: Unknown Published: 2021-11-25 URL: https://blog.foundershiphq.com/startup-funding-in-india/ Pretty much every startup dreams of getting funded. Of course, if you are someone who wants to bootstrap your company and are ok with the slow & steady pace, then this question doesn’t arise. ![194 companies to be delisted from BSE tomorrow](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6177946d5f0a8899978a95b8how-does-startup-funding-works-in-india-1649146727610-compressed.jpeg) But if you have landed on this article, I am sure that one day you will be planning to raise funds for your startup. No matter how humble the beginning of your business idea is. As it starts to take shape, there is going to be a time when opportunities & possibilities are going to be huge, but resources are going to be limited. That is the time when you start thinking about raising funds. After all, what raising funds do is get things moving at a faster pace & accomplish results that are beyond your reach. But let me tell you this. Startup funding in India is a bit of a complex process with a lot of moving parts. It can become a confusing affair if you are not well aware of the different stages of funding. You have to manage to get through these stages of startup funding without getting stuck. Thus, to help you gain clarity about this & make you familiar with the process, we are going to discuss 7 different stages of funding that Indian startups go through. If you stay till the end, we will also shed some light on how your startup can accelerate the growth & get started with raising the funds. 1\. Pre-Seed Funding ==================== Pre-seed funding is also called pre-seed capital. This is the beginning of your startup journey. To explain it in the simple term, pre-seed funding is the investment that you will require even before you initiate your business. And the investment amount is the smallest one compared to other stages. You can get funded in the pre-seed stage from your friends, family, investors, or even through crowdfunding. The pre-seed investors can ask for a stake in your company in return for the invested money. As at this stage, your Startup is not in function, this stage of funding is not considered as an actual funding round. Why do you need Pre-Seed Funding? --------------------------------- * To conduct product research. * To help with the initial formation of a company. * To make a Minimum Viable Product. * To prepare for future operations. * To identify market opportunities. 2\. Seed Funding ================ This is where your startup actually steps on the ground. All your research is done, your product or services are ready to get in action & your business model is well planned. Now you need to step out and start making actual transactions with your customers. This is where seed-funding, also called seed capital, will come to your support. ![three men sitting while using laptops and watching man beside whiteboard](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/617796b366946bbddfdbc959_photo-1557804506-669a67965ba0.jpeg) ‍ This is considered the first round of startup funding, unlike pre-seed rounds when the startup is not practically functional yet. Seed funding is generally raised from an investor who puts in a larger amount, to begin with, and in return, asks equity from your company. Why do you need Seed Funding? ----------------------------- * To launch your product. * To acquire new customers. * To hire employees. * To run marketing & advertising campaigns. * To test the markets for product-market-fit. 3\. Series A Round ================== And now at this stage comes the beginning of a venture capitalist investment. You start offering the shares in your company in return for the investment done. This is the phase when your company starts to grow and sets up for take-off. The research & testing phase of the market is done and now you are looking ahead to go with full throttle. ![man holding smartphone looking at productivity wall decor](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6177962d09917995597f6914_photo-1507099985932-87a4520ed1d5.jpeg) ‍ Very few companies actually make it to this point. That’s why preparing your startup & having a plan to reach the Series A round is very important to keep things growing. Investors don’t just look for innovative ideas or a great vision from the founders of a startup. Now they are looking for a solid strategy that will make executing the business plan a successful game. Why do you need Series A Funding? --------------------------------- * To prepare for scaling up. * To optimize the operations & increase productivity. * To make further modifications & development to your product or services. * Work on profitability & reduce the initial losses. * To step up from the seed level. 4\. Series B Round ================== Once you have proven yourself with the winning product(s) & are making consistent profits, you decide to step up your game even more. This is where going for a Series B funding or a Series B round helps. Startups who were successful to raise Seed funding as well as the Series A round and who have proven their potential by now go for Series B funding to get growing. Till this point they already have some customer base, a solid foundation in terms of business functionality, and measurable data indicating what is working & what is not in their hands. All this makes it easy for the startups to convince the investors to go ahead with the funding. Investors also get a clear idea by now about how big it can get in the future. The procedure and attributes of Series B funding are somewhat similar to the Series A round except for the venture capital firms who have their specialization in taking an entry at the later stage of a startup journey. Why do you need Series B Funding? --------------------------------- * To increase your market reach. * To expand your team & acquire new talents * Work on business development. * Increase expenditure on marketing & advertising. * To expand the departments within the organization. 5\. Series C ============ It’s a no-brainer that only the companies who are already doing well and have succeeded in their market go-ahead for the Series C round. Compared to previous rounds, it is easiest for the business to raise the Series C round as the growth of the company is already being witnessed. If Series B was all about stepping up the game, Series C is all about making big. The amount of money to be raised in the Series C round is huge and groups like hedge funds, investment banks & private equity funds anticipate stepping in the game. Startups whose business model has worked well & is confident about the efficiency of their function now look for more rapid growth. Scaling up at this stage happens at a bigger level. A startup sets up to become a MultiNational Company. Why do you need Series C Funding? --------------------------------- * Expand the reach to a global market. * Work on new products or services that have emerging potential. * Acquire other small companies to expand the network. * Look for more ways to bring in revenue. * Boost the valuation & prepare for IPO. 6\. Series D, E & Beyond ======================== These rounds don't end at Series C. Though most of the companies end raising funds externally after Series C, there are few other companies who go-ahead to raise funds for Series D, Series E and so on. There are several reasons why companies go on to raise the funds even if they are able to raise good capital in Series C. The reasons are as follows - * To fulfill the responsibilities or eligibility criteria required for getting listed at IPO. * To accomplish the goals that remained unachieved during the Series C phase. * To open up advanced revenue opportunities. There is no specific limit on how many rounds one can go for in Series funding. It all boils down to what are the requirements of the company and what goals are they looking to achieve. 7\. IPO (Initial Public Offering) ================================= When it comes to the journey of a startup, an IPO is said to be the peak of its success. Success not in terms of results, but in terms of the startup’s journey. At this stage, for the very first time, shares of the company are offered for purchase to the public. Now the company is ready to function at a whole new level. ![194 companies to be delisted from BSE tomorrow](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/617795c052d75135c946f2ea_492485-393371-sensex-crop-pti.jpeg) ‍ The facility of IPO is used to raise funds for not only growing the company even further but also allows the owners of the startup to encash the shares they already have. It's payoff time for all their efforts too! Why do you need to go for an IPO? --------------------------------- * For growing & expanding the business even further. * Requirement of huge infusion of capital to scale up the operations. * For paying off the debt (if any). * Improving the credibility & the market worth of the company. * Boosting the public profile of the company (and gaining publicity). Get Your Startup Funded ======================= I hope by now you must have got a good clarity about how funding for startups works in India. We all know that starting a business is hard work. But it’s also a very rewarding one. Many people dream of having their own startup company, but they don’t know the right steps to take along the way. And the first step to start progressing in your own business plan is to find funding for your startup. But, do you know only 5% of startups get funded & about 90% of them fail with execution as their main problem. Yes, that’s why as I promised you at the beginning of this article, we have a solution to not only help your Startup grow, accelerate and succeed but also help it get funded. Here at Foundership, we have very carefully curated programs specifically designed for Startups in the pre-seed or seed stage and help them with Coaching, Capital & Connect. To know more about our programs & how they can help you, visit our [Programs](https://www.foundershiphq.com/programs-type/startup-acceleration) page. If you have any other queries regarding Startup funding or anything related to Startups, feel free to send us an email here - [we@foundershiphq.com](mailto:we@foundershiphq.com) and we will try our best to solve it for good. ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Why Do Startups Fail? - 7 Common Mistakes Author: Unknown Published: 2021-11-25 URL: https://blog.foundershiphq.com/why-do-startups-fail/ Starting up is easy. We have come a long way from the time when the word 'startup' was not as cool as today, to the present-day scenario where every other GenZ dreams of becoming an entrepreneur. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/616d329567b4bfeaf636c5bawhy-do-startups-fail-1649146576906-compressed.jpeg) The markets must have seen thousands and lakhs of Startups to date which shows that - be it India or any other country for that matter, starting a business or a venture is easy. But do you know how many of them actually survive? Unfortunately, it's less than 10%. Yes, almost 90% of Startups never get funded, never make it big, and have to shut down within the first or second year since commencement. Why Do Startups Fail? ===================== The major reason for Startup failure is not the lack of funding itself but the execution. If you have landed on this article and are keen to understand the reasons behind - why Startups fail? Then you either must be a founder yourself or must be planning to Startup in the near future. Thus, being in this position, it is extremely important to understand all the things that can go wrong while Starting up & managing your own company and how you can overcome them. In this article, we will take a look at 7 common mistakes founders make that become a reason for Startups to fail miserably. If you stick with the article till the end, we will also be revealing the solution for how you can increase the possibility of the success of your Startup. 1\. Choosing A Wrong Partner ---------------------------- ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6165724a999fec881a31adae_choosing%20a%20wrong%20business%20partner.jpg) ‍ While Starting up, you are going to need a partner. Generally, it starts with one person's vision and another person's expertise. One may be a specialist in a technical aspect that is a core part of a business, whereas the other can work ON the business. We also often see that people with a similar vision, similar goals, or maybe from the same colleges or institutes join hands together to work on a business idea. But when you start working on the ground, there can be differences in opinions. Opinions based on ideas, execution, productivity, or decisions. And it is ok! Only when these opinions start turning into debates rather than discussion is where conflicts occur and your company starts suffering. ### How To Choose A Right Partner? * Partner with someone who brings in experiences or skills to the table. Don't fall just for your good old relations. * Find someone who shares your vision, values & is passionate about what you are doing. * Stay away from someone who is only interested in monetary gains. * Find someone who might help you bring in resources for your business. * Trust plays the most important role here. Thus, be careful while partnering up with someone whom you don't know much about. 2\. Business Model Failure -------------------------- ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6165730a7d56355946cb6c02_business%20model%20failure.jpg) ‍ Your business model is the heart and soul of your Startup. It's the foundation for your business and can make or break your business. It's the method of how you're going to generate your revenue & sustain your business in the long run. Considering its importance, it is surprising how often business models fail when it comes to Startups because of the unrealistic assumptions by the founders. Sometimes the Startup cannot generate enough demand for its product or services and other times, it can't make a profit from them. After spending a huge budget on marketing campaigns, they realize that customer acquisition costs are way higher than the customer lifetime value. This happens when the business model is flawed. And, creating a solid business plan even before stepping out in the market will ensure that this doesn't happen. ### How Should A Good Business Model Be? * You should be clear & specific about your target audience, their behavior & psychology. * If your product or a service is something new in the market, spend some extra energy creating an efficient demand generation strategy. * Create a record of activities that need to be done regularly & create replicable systems & processes. This will be useful during scaling up. * Building a solid value proposition is key to a good business model. * Simplify things. Don't make it too complex to follow & practice. 3\. Poor Team Management ------------------------ ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6165740a5a86418d058b373a_poor%20team%20management.jpg) ‍ I cannot stress this enough. Your Startup is not just your idea or some registered abstract entity. It is the team that is working with you. To discuss it fundamentally, let me ask you this. Why does a Startup fail? The simple answer to it is that - it fails because the team failed, right? But have you thought about - why does the team fail? We have thought about it! And here's the reason. Because there were basically two kinds of mistakes: 1. A failure to get the right team together in the first place. 2. A failure of managing the team effectively once it was assembled. The biggest mistake the Startup founders can make is failing to manage the team in the right way. And you know what? It's much easier to fix a badly managed team than to fix a bad idea! ### How To Find The Right Team For Your Startup? * You are a part of the team. So keep your bossy mindset aside first & build yourself to be a leader & a guiding force for your team. * Don't choose people simply based on their knowledge. Choose them based on their actionable skills. * Have processes in place that can help your team to execute things in a systematic way. * It's your responsibility to keep your team well trained & up to date with what's going on in the market. Keep on optimizing the way your team works from time to time. * Build your team with long-term relationship goals. People who are ready to dedicate a major time span of their life to your Startup are going to be someone who will be ready to put all their heart & soul in. 4\. Not Maintaining Healthy Cash Flow ------------------------------------- ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/616577511868866b3a508df0_cash%20flow%20issues.jpg) ‍ Every Startup has a finite amount of resources. And resources, whether they be time, money, manpower, or even a cash flow, are precious commodities. Raising seed funding is a good way to launch a Startup. It helps you build your product and find early adopters. The problem is that seed funding can often lead to a rushed product and a Startup that is forced to pivot too early. A lot of Startups fail not because they received inadequate funding or didn't have a good product. But, because they didn't have a good cash flow. Being cash flow positive is one of the most important things a Startup can do to survive. When you're cash flow positive, you're able to pay your employees and contractors and cover any expenses that may come up. You'll also have a lot more freedom to make decisions that aren't motivated by money. ### How To Maintain A Good Cash Flow? * Try to get things on rent or lease instead of making purchases that require putting in large amounts of money only to be recovered after a long time. * Offer concessions & discounts for customers who will make early payments. * Don't overspend on marketing campaigns & acquire more customers than your serving capacity. Make sure you don't burn out on cash too soon before you start earning it back. * Try to stay as low in debt as possible. Reduce expenses like late fees, higher interest rates, etc. * Going slow & steady is the best approach to maintain a healthy & positive cash flow. The quicker you rush, the more challenging it becomes. 5\. Wrong Timing ---------------- ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/616579c4f9c387ab59ed9e34_startups%20fail%20due%20to%20wrong%20timing.jpg) ‍ Launching a product is not an easy task. It requires time, money, and effort to create a successful product. But most of the products or the type of service that Startups offered failed not because the product or the service itself was not good. But because the market was not ready for it yet. You may either end up launching a product too ahead of time or too late. And this is the reason that despite putting your heart & soul into crafting your idea & bringing it into the market, your Startup might fail. Thus, Startups shouldn't simply get inspired from the target market from somewhere else & apply the same concepts to the audience they want to serve. A fantastic idea might get lost just because it was launched at the wrong time. We stay in a heterogeneous world. Some sets of the audience might be ahead or behind someone for several years. ### How To Identify The Right Timing? * Conduct market research that is relevant to your time. I.e. Don't rely on the data that was gathered a long time ago. Keep up with the changing trends. * Keep in mind that it will take time for you to launch your product from the time you are going to start working on the concept. The market can change a bit within that time frame. * Don't apply the same concepts that worked in first-world countries to the developing nations. The market scenario is going to be widely different. * Even though your product is launched in the market, don't miss on keeping with the market research. Things are not always definitive, especially if you are into tech. * The best data to rely on that is authentic and indicative is the data you gather after conducting a test. Thus, focus on testing before concluding. 6\. Solving Issues That No One Cares ------------------------------------ ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61657afc75ecdf73e20b9f9c_solving%20wrong%20problems.jpg) ‍ Sometimes, Startups get so carried away with the thought of being innovative that they fail to address the problems that actually need to be solved. They tend to chase creativity more than necessity. If your product or service does not solve a burning problem and is just going to be there as some creative alternative, then you are bound to fail. The rule of thumb is that you should not capitalize on solving problems that no one cares about. That said, it is important to solve them in an innovative way, which will be interesting to others. There are two types of problems that you can go behind. First, there are burning problems that are already being solved but in an ineffective way. Second, there are burning problems that are not getting solved at all. Both of them offer great opportunities for Startups. ### How To Solve Issues That People Care About? * Study & conduct your research based on the already available solution for the problem that you are looking to solve. * If your product falls under solving evergreen problems, i.e. better Health, more Wealth & good Relationships, then the market will be pretty much clear to study. * Don't rush for trends & assume that as the problem. It is more likely that the need to solve similar problems might not exist at all as the trend goes. * Validate the market first by making a Minimal Viable Product or a prototype. * Keep an eye on repeat customers before scaling up. If your product is going to have only a one-time consumption value, then it is not going to sustain for long. 7\. Quitting Too Early ---------------------- ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61657bf2663066a5812c9471_quitting%20too%20early.jpg) ‍ One of the best startup tips that you can receive from this article is going to be this. Do not give up too early! Most startups fail because the founders quit too early. Startups are not a sprint, and they are a marathon. There will be ups and downs, and you will meet a lot of hurdles. It is a long journey, and you need to be prepared. Most Startups fail within the first year because the founder did not have the right mindset to see the Startup through. They were either discouraged by the lack of progress, or they were motivated by the wrong reasons. Most Startups that fail give up too early. ### How To Decide About Quitting? * Don't judge your success based on the short-term outcomes. Always have a long-term plan setup. Short-term plans are bound to be fluctuating & the outcome is not going to be as expected always. * The first couple of years are not about deciding whether you want to continue it or not. They are the intelligence-gathering phase. * Keep on testing if you are skeptical about how long it will go. The best data to research & make a forecast with is the data that you gather firsthand by testing. * Don't hesitate to mold or change your decisions according to the situation. Keep on optimizing based on team management, workflow, marketing strategies, set of audiences, etc. * If still, things don't take shape as you go ahead, it is wise to make a decision about quitting. Keeping on pushing with just 'hope' & no data to back will be like kicking a dead horse. Prevent Your Startup From Failing ================================= By now, you must have got a clearer idea about where things can go wrong. To hard code that in your mind, let's do a quick summary. The reason for your Startup failure can be - * Not choosing the right partner(s). * Not working extensively on a business plan. * Not being careful while choosing & managing your team. * Not maintaining a healthy cash flow. * Not realizing whether your idea is too early or too late as per the market. * Solving issues that one cares about. * Quitting too early. If you have done or are doing any of these mistakes, it's time to hold on for a while and start reworking on things. Identifying the mistake itself is a big step towards the direction of finding a solution. And as we promised at the beginning of this article, we have a solution for your Startup that will highly increase the possibility of your success. We at Foundership have collaborated with high-performing founders across the globe who have been there, done that, and help the budding Startups with Coaching, Connect and Capital. Visit our [Programs](https://www.foundershiphq.com/programs-type/startup-acceleration) page to know more about what we have to offer and how we can help your Startup to skyrocket its growth. If you have any queries, thoughts, or opinions related to the topic - _why do Startups fail?_ Feel free to post them in the comment section below so that we have the conversation going. For other queries, inquiries or suggestions, you can shoot us an email here - [we@foundershiphq.com](mailto:we@foundershiphq.com) and we will make sure to answer it as soon as possible. ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Don't invest your savings to build an MVP. NoCode it. Accepting Application for Cohort 2 Author: Unknown Published: 2021-10-29 URL: https://blog.foundershiphq.com/dont-invest-your-savings-to-build-an-mvp-nocode-it-accepting-application-for-cohort-2/ Ask anyone who has succeeded or failed in the first phase of ideating to build a startup: It is impossible to get software engineers, IT services companies on a budget that justifies building an MVP! The fear is real: Possibility of losing all your savings to build basic MVP even to validate it as a side project. Imagine how many folks don't even attempt to build a side project. Or you need to be a programmer or hire a programmer as co-founder/future equity, etc. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/617beaf9023cbe8196509ab5build-side-project-with-nocode-cohort-2-1649146781363-compressed.png) Let's KILL THE FEAR with NoCode! ================================ Enter NoCode. With less than $200, one can launch an MVP in less than a month! Imagine when 10,000s of people take a step forward with NoCode to build a side project. Boom. The world changes with many doers! Some will succeed too big and some will learn to succeed in the next phases. But, everyone who has an idea gets a fair deal to start with NoCode. ‍ It is easy saying just start with NoCode? How are you going to navigate fastest with many questions that will keep slowing down... ---------------------------------------------------------------------------------------- Where do I start with no code? Which No-code tools are best? Do I need to understand code? Do I need to know CS basics or a programming language? Is NoCode a tool for Marketing/Product managers? Can I use no-code as a business use / non-tech role guy? Why is no-code getting so popular? Why is it powerful? What will happen after my No Code-based MVP is successful? What if I am vendor locked? How long does it take to launch a NoCode site? What about performance when nocode is used? Can we create a social live streaming application with no code? I want to develop a NoCode, what should I be mindful of? How to validate an idea? Can you share examples of the success of nocode? All these, you can figure it out on your own BUT ‍ How about you get to build along with a community of fellow doers, NoCode experts, founders & leaders with tool expertise and have built successful businesses? --------------------------------------------------------------------------------------------------------------------------------------------------------------- We just completed our cohort with 39 fellows who are building along with a community of fellow doers, NoCode experts, founders & leaders with tool expertise and have built successful businesses. Here is what they say: [https://testimonial.to/share/foundership/t/nBjKDywPW6Zw9A2aQ4vgVoMrN](https://testimonial.to/share/foundership/t/nBjKDywPW6Zw9A2aQ4vgVoMrN) [https://testimonial.to/share/foundership/t/on98ymlOAQyaOj8bQvM5pkw3R](https://testimonial.to/share/foundership/t/on98ymlOAQyaOj8bQvM5pkw3R) [https://testimonial.to/share/foundership/t/9BvRDJ724zWZAq02YlAKNOd03](https://testimonial.to/share/foundership/t/9BvRDJ724zWZAq02YlAKNOd03) [https://testimonial.to/share/foundership/t/w0gWbdEPaYawGOZv6rVklOA5j](https://testimonial.to/share/foundership/t/w0gWbdEPaYawGOZv6rVklOA5j) [https://testimonial.to/share/foundership/t/nGPeXKvLJY7nq3P9Qd81p93OM](https://testimonial.to/share/foundership/t/nGPeXKvLJY7nq3P9Qd81p93OM) [https://testimonial.to/share/foundership/t/g4ZpR2ONeYJMwneLQEqvo9WBA](https://testimonial.to/share/foundership/t/g4ZpR2ONeYJMwneLQEqvo9WBA) [https://testimonial.to/share/foundership/t/P0ev7XDZrzqaOj33zMjR9og8N](https://testimonial.to/share/foundership/t/P0ev7XDZrzqaOj33zMjR9og8N) ### We are accepting applications for Cohort starting on 26th Nov. * We review in First Come First Review order * Only 50 participants in the cohort * Along with 17-20 founders and leaders as Program mentors, I invite you to build Side Projects ‍ Learn, apply and build your idea to a reality! ---------------------------------------------- ‍ Unlike other Side Project /NoCode programs, the Foundership "Build a Side Project with NoCode Program" is a 100% outcome-driven, cohort-based program designed to help you navigate to learn, apply and build your idea to a reality. * You don't have to be a programmer to launch MVP. * You don't have to worry about design complexities (UI or UX). * You will have time to show several quick demos to gather customer feedback * You will reduce the development cost by up to 80% * Whether you are a marketer, developer, designer, content creator, or someone with basic web knowledge, you can launch your idea with NoCode. * And, you can Build Mobile App, Web App, Micro-SaaS, ECommerce site, Community, Automation and more using various NoCode Tools.· · · ‍ > **Want to see your ideas into reality by launching it as a Side project with NoCode?** 👉 Apply now: [https://www.foundershiphq.com/program/build-a-side-project-with-nocode](https://www.foundershiphq.com/program/build-a-side-project-with-nocode) ‍ **How is the program structured?** We host weekly live sessions during evenings/weekends with 3 to 4 hours of activities every week with program mentors and peer founders. The program will be a four-week duration. Every week in the cohort will have the following activities: * Weekly: The program creator will drive a session to help you learn + apply the weekly goal. Review week cohort progress. * Regularly: One Program mentor will host workshops, Q&A sessions and help to answer specific questions regularly as per their availability. * Frequently Scheduled: Peer learning & working sessions among sub-groups to check progress and goals. * Real-time: Discussions, calls and messaging among participants, program creators, mentors, coordinators to help overcome challenges, share feedback, and connect. ‍ **What happens after this program is completed?** Once you are part of the community, you always will be and we will make sure we will help you in every step of your journey through us. With the community of founders & leaders, you will continue to gain growth and momentums in your business. ‍ **How is this better than other courses, training, etc.?** * This is not a course. This is a coaching + live program. * These are not recorded videos. * It is not an advisory activity. * Our unique Learn + Apply cohort model enables you to achieve the fastest way. * This is an intense program and you need to commit many hours a week to this program. * You will work for your outcomes as part of the program. * You get dedicated time every week to work with program creators, dozens of mentors and peer groups. 👉Apply now: [https://www.foundershiphq.com/program/build-a-side-project-with-nocode](https://www.foundershiphq.com/program/build-a-side-project-with-nocode) We review in First Come First Review order ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## 30-Day is a long time in a Startup’s life at Foundership! Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/30-day-is-a-long-time-in-a-startups-life-at-foundership/ > _In one single day, a Startup’s life changes, isn’t?_ _Demonetization got Paytm’s biggest life-changing event in a single day!_ _One phone call from Tiger Global to Flipkart founders changed India’s startup ecosystem ever!_ We can go on listing such for most startups… No wonder 30-day is a long time to achieve a lot in a Startup! We at [Foundership](https://foundershiphq.com/) thought to share a log of how we have impacted a few startups positively in 30 days! ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-30days-1649143272202-compressed.png) _PS note: 👉 We don’t want to reveal details about each startup; hence the following information is anonymous and share on problem statement and achievement only!_ Cases how we impacted a few startups positively in 30 days! =========================================================== Startup 1 --------- **What was the ONE business growth problem?** When the startup joined the 30-Day Execution Program, we found they were targeting their product for many customer persona and customized solution which won’t scale. The platform home page copy was confusing to understand! **What did the startup achieve in 30-days?** We suggested doing a growth experiment by targeting ideal customers in the B2B segment. Founders implemented changes in landing pages and tweaked their sales process to get a few Corporate clients. They got limited success with this. We started researching possible adjacent markets and found a potential greenfield aligned with Passion economy. We recommended focusing on the most active users who log in every day and help them get a side-income from their passion. Founders could realize a much bigger game and now they have Clarity, Focus, and Direction to execute this customer segment. ✌️ Startup 2 --------- **What was the ONE business growth problem?** Founders are bootstrapping and offer a niche product. When they came for the 30-day program, founders had already served several customers (in trial plan) but lacked clarity in establishing ‘key values’ for the customer. **What did the startup achieve in 30-days?** We analyzed and agreed: This is a time for the founders to solve PS-Fit. Founders need to do a detailed ICP analysis, taking existing customers into account and find an early market fit. Launch landing pages to outreach ideal customers and gather inputs. 🔆 By the end of the 4-week program, Founders were achieving results like * identified missing pieces in the value proposition * identified key components to add in the product offering that will increase usage (daily/weekly) * established clear separation of DIY /DIFM product and a higher pricing for premium customers * customer acquisition channel experiments Startup 3 --------- **What was the ONE business growth problem?** This startup was getting stuck in several areas such as positioning, acquiring wrong customers, low priced product, and India only market. **What did the startup achieve in 30-days?** We analyzed and picked experiments to solve * Positioning & Website/Landing Page Copy * Strategy and tactics to acquire ideal customers * Product roadmap By the end of the 4-week program:🙌 * We wrote their landing pages copy * Founders started surveying ideal customers * Founders launched landing pages with a focus to acquire high-value customers * Founders saw a big opportunity to go global with 10x higher revenue opportunities Startup 4 --------- **What was the ONE business growth problem?** An IT Services company where the founders lacked any prior experience of building, launching, and scaling a product business needed help and support to structure their thinking and understand the market size, which customer segment to sell, and willingness to pay. **What did the startup achieve in 30-days? 👣** They achieved clarity in setting up a separate P&L Business unit to track all investments and expenditures. They got direction on operationalizing this business with the right team, skills and market analysis amongst their existing customers. They discovered several ICPs in their existing customers (past and current) for a potential set of early adopters/beta customers! Startup 5 --------- **What was the ONE business growth problem?** The startup has early growth but had functional challenges such as keeping the product development in sync with the market demand. Lots of users were requesting features, which the platform could not provide and that constrained growth. Founder could not hire team members or give proper direction to current team as to what needs to be built to achieve company goals. **What did the startup achieve in 30-days?⛳️** We agreed to set up a Product feature prioritization roadmap, which gives clear visibility to the team as to which features need to be built in which sprint. The founder was able to create a product management process document with help from the [Foundership Team](https://foundershiphq.com/). The founder could quickly rally his team to work on meaningful and urgent features. This gave them clarity and timelines in which they can complete software development of the features needed. Plus, this product management clarity enabled the founder to grow faster for upcoming iterations. Startup 6 --------- **What was the ONE business growth problem?** The startup had a challenge in describing who they are and who they should sell to! Their initial customers were using the solution for a different use case and founders realized that market has limitations. **What did the startup achieve in 30-days?👍** We worked to define their new positioning, which encapsulates both value proposition and messaging. The founders achieved results such as understand their customer needs and tasks, determine the value proposition and why people should care about their product from both internal and stakeholders. Startups in Foundership’s 30-Day Execution Program in Feb 2021 Cohort ===================================================================== PS Note: Logos are shown in random order ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6163d457582a41a6436edc25_Foundership%2520Founder%2520Cohort%2520Feb%25202021-1617553482389-compressed.jpeg) Want to achieve ONE thing for your startup in 30 days? ------------------------------------------------------ Apply to our upcoming programs for June 2021 cohort. ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing Draper Startup House: Foundership Micro-Accelerator Programs Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/announcing-draper-startup-house-foundership-micro-accelerator-programs/ [Draper Startup House](https://draperstartuphouse.com/) and [**Foundership**](https://www.foundershiphq.com/) have come together to curate India's first 30-day hands-on Execution-based Acceleration Program **for Startups by Founders** with Zero Equity. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163dc406037cf3eec5b759bdraper-startup-house-foundership-1617968387866-1649143475226-compressed.jpeg) Why are we launching this micro-accelerator programs? ===================================================== India has seen amazing startups in the likes of Swiggy, Zomato, Flipkart, Ola, Yulu, Dream 11, Freshworks, CRED, and many more come out of the startup ecosystems in Bangalore, Delhi, Mumbai, and Kochi. We have seen accelerators and incubators do an amazing job in helping startups mentor and raise funding. However, the essence of getting hands-on with the founders to help them with their sales, product growth, or finding the right problems of their customers in their initial stages is still overlooked. Our team of founders has combined 200 years of experience in product growth, community building, ecosystem development, sales, fundraising, and innovation in the fields of B2C, B2B, B2B2C, and SaaS. We are founders ourselves, some of us, old fools that are here since 2007, much before India woke up to the 'Startup Trend.' We built companies for more than a decade and went through the real grind with the lack of an ecosystem and support when it wasn't so "cool." ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6163dbedc2eee4717a43ffb8_Draper%2520Startup%2520House%2520-%2520Foundership%2520Accelerator-1617968182287-compressed.jpeg) **Program Benefits ** ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6163dbed47e202e661228a2a_Program%2520Benefits-1617968299215-compressed.jpeg) **About Draper Startup House -**[https://draperstartuphouse.com/](https://draperstartuphouse.com/) -------------------------------------------------------------------------------------------------- Draper Startup House is a global network of Hostels and coworking spaces focused on enabling, empowering, and inspiring entrepreneurs globally. Our locations all have co-working space, entrepreneurial-focused events, and workshops as well as Startup Educational courses running throughout the year. We also provide the opportunity for your startup or business to gain access to local capital and the 23 Global funds in the Draper Venture Network. **About Foundership Accelerator -**[http://foundershiphq.com/](http://foundershiphq.com/) ----------------------------------------------------------------------------------------- _Strategy is great, but Execution is the real engine for Startup Growth._ Foundership Accelerator is an execution-focused seed-stage/growth-stage startup accelerator for companies with revenue less than USD 1Mn. We take a hands-on approach to execution across product development, customer discovery, marketing, and finally sales. It was Started in 2020 by veteran entrepreneurs like [**Santosh Panda**](https://www.linkedin.com/in/santoshpanda/) from Explara (Also ran Grittiest - a probono mentoring platform for Tier 2 and Tier 3 founders), [**Bimlesh Gundurao**](https://www.linkedin.com/in/bimleshgundurao/) from PitchCamp which helps founders perfect their sales and investor pitch (Previously, Bimlesh had launched PharmEazy - India's first connected healthcare, connecting Pharmacies, Patients, Doctors, and Pharma Distributors). We would help founders make the key decisions about their ventures, by helping founders understand the implications of each decision to their long-term missions. To help founders increase their odds of success by working with them in executing their weekly challenges Launching First Cohort in May 2021 ---------------------------------- We are launching the first cohort in collaboration with Draper Startup House India in May 2021. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Ask me Anything about Minimum Viable Product Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/ask-me-anything-about-minimum-viable-product/ Ask me Anything about Minimum Viable Product with Pallav - Creators @ Swiggy Labs! Pallav Jhawar is an ex-founder, ex-InMobi, IIT Bombay Alumnus... ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163e3e3d2cd6f5e0356ec6dask-me-anything-about-minimum-viable-product-pallav-1649145803314-compressed.png) Thread on MVP... questions were by the Foundership community on Slack and Pallav answered each question. **Q 1: What you do now in your current role vs. You didn't do while building your first product?** A: Earlier, it was a lot more about let's build something and ship it, but now it is like being extremely ruthless about what you build and a lot more time understanding the problem. **Q 2: What's the ideal smallest product team consists of?** A: Theoretically, it can be just one developer shipping products if they understand the problem well enough but otherwise, I would think 2 people, one hacker, one consumer insight/support/feedback person **Q3 : What's the prioritization framework? What gets to the top and which one gets rejected?** A: In the MVP stage, you want to figure out the core thing you want to test, find out, and build to solve the consumer problem. And simplify the solution further!​ It is better to keep chipping away things until you get to the real value proposition and just test for that. **Q 4: What hacks have you seen working to build and iterate fast while being part of an innovation team where I assume a lot of things probably won't see the light?** A: Our favorite hack has been doing a WhatsApp MVP; it is amazing how many things you can test out using WhatsApp. You can use many existing tools, like building a website form using Typeform, noo code/ toolkit list like Notion, Airtable etc.? **Q 5: Once you build the core MVP, how do you ensure this will have a bigger impact on the market …do you measure the results/feedback to see the market potential?** A: so while defining the experiment, it is extremely critical to have the right success metrics and understand what is a good number, e.g., if you say that my MVP should have high retention, you should try to find out what competing products have and use that as a benchmark, and one can hope that the fully developed product would have better retention than what you are getting in the MVP stage. **Q 6: One of the crucial stages in MVP is acquiring initial users to engage with you. How do you acquire your opinion on B2C, B2B and SMB user acquisition for initial MVP testing and feedback?** A: For B2C, look at what channels you can use to acquire customers, sharing WhatsApp groups and FB ads quickly. For SMB or B2B, I think personal contacts should help; otherwise, you can try going to forums and groups where the businesses might be there and try reaching out to them. Refer to the Traction book to explore relevant channels. **Q 7: Usually, for many small startups in the early days, "innovation stops the day operations begin", what's would be your advice to keep these two in balance to founders?** A: From what I have seen, usually, once you hit the market, you get loaded with what features need to be built; if users like what you are doing, they would want you to do more, so I think innovation just keeps on happening. **Q 8: Is it critical for the MVP to include the payment infrastructure feature to check customers' willingness to pay?** A: Not really. You can check customer's willingness to pay by sending them your personal GPay/Mobile payment and see if they are paying you or not. **Q 9: How many customers should one get in the hypothesis (MVP) stage before deciding to scale up?** A: The number really depends on case to case basis; for a consumer product, I think if at least 100 users, and for B2B products at least 10, but this is just for the core hypothesis testing, after that, you should continue to build out to impact more north star metrics before deciding to scale up. **Q 10: who designs survey questionnaires during MVP?** A: The team should design a questionnaire. Creating it also helps you get clarity on what it is that you are really trying to understand. **Q 11: One of the big challenges for founders is what will customers feel seeing a 0.1 version of the product. What's your suggestion to break this bias?** A: From what I have seen, people are usually very nice & sweet and very supportive of what you are trying to do. I think they intuitively get that the product will get better with time and are very forgiving. **Q 12: What if your MVP becomes viral? As a product manager, how will you stop the negative press /social media chaos?** There have been instances where MVP product has become super sensation …and got heavily criticized, which affected their lifecycle later. What's your take? A: That's a great problem to have! For a smaller team building out an MVP not sure if the press pays that much attention, but if you are doing it inside a bigger company and the product is using the brand, then it has to have approvals across the board **Q 13: Should you go all out on advanced technology like AI/ML part in the MVP stage or do the manual process more and, if it works, then utilize AI/ML, etc.?** A: For example, if your product is a chatbot that does customer support, you would need to use AI/ML, but for most of them, you can just use excel and hire some contractors/interns to do the manual work. Smart MVP :) **Q 14: Is your marketing /sales team involved while agreeing on the MVP?** A: Good idea to take the point of view of the distribution team to build the product because eventually that becomes very important and they can provide an interesting POV on the market. The core team still decides product features and usually, for a startup, the core team has marketing capabilities. **Q 15: Do you recommend any specific hypothesis frameworks?** A: In the initial days, I think it is just very important to be close to the user and talk to them obsessively and understand their pain points! **Q 16: We are getting a lot of feedback, such as what features goes for the MVP release and what is not. How to balance?** A: You can try to rank the features that you are thinking of on the parameters of impact, clarity and effort. If a feature can be a high impact on your core metric but might take a long time to build, you may want to dedicate part of your resources to such features but continue to build out medium impact features. In the initial days, momentum helps, and consumers like it when you ship. **Q 17: How to enable the team to ask the right kinds of questions and summarize during MVP?** A: I have done one thing to observe customer conversations that the team is having and then try to correct them and share a list of important and common mistakes, like not asking leading questions. **Q 18: How much emphasis should be on documentation/process in early days, small teams?** A: Assign one person to be in charge of the documentation; they can rotate each week. Have a running Google doc/Notion that you can use to add thoughts to it and the rest of the team. Documentation is critical. Key Takeaways ------------- * Earlier, it was a lot more about building something and shipping it, but now it is like being extremely ruthless about what you build and a lot more time understanding the problem. * Whatsapp MVP - amazing how many things you can test out using WhatsApp. * You want to figure out the core thing you want to test, find out, and build to solve the consumer problem. And simplify the solution further until you get to the real value proposition and just test for that. * B2C, look at what channels you can use to quickly acquire customers, sharing WhatsApp groups and FB ads. * B2b - Personal Contacts, Network, Go to channels where your customers are! * For a consumer product, if at least 100 users, and for B2B products at least 10, this is just for the core hypothesis testing * The team should design a survey questionnaire. Creating it also helps you get clarity on what it is that you are really trying to understand. * Customers/People are usually very nice & sweet and very supportive of what you are trying to do * Be close to the user and talk to them obsessively and understand their pain points! * Rank the features that you are thinking of on the parameters of impact, clarity and effort. * Do not ask leading questions during customer interview * Consumers like it when you ship frequently * Use Google doc/Notion that you can use to add thoughts to it and the rest of the team. **Documentation is critical.** * If you say that my MVP should have high retention, you should try to find out what competing products have and use that as a benchmark, and one can hope that the fully developed product would have better retention than what you are getting in the MVP stage * You can check customer's willingness to pay by sending them your personal GPay/Mobile payment and see if they are paying you or not * If users like what you are doing, they would want you to do more, so I think innovation just keeps on happening. ✋Do you have MVP questions? You can [book office hours with Pallav Jhawar](https://foundershiphq.com/office-hours). 👉Are you a Founder or Leadership role in a Startup? Join our exclusive Founders & Leaders Community, apply: [https://forms.gle/vCjbqG3VqYZK8QxT7](https://forms.gle/vCjbqG3VqYZK8QxT7) ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing Cohort Program: Build a SideProject with NoCode Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/announcing-cohort-program-build-a-sideproject-with-nocode/ ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163edea509ea22adb4431e7side-project-with-nocode-1649146484321-compressed.png) Today's SideProject is more likely to become tomorrow's Startup. ---------------------------------------------------------------- **Did you know the $BN Postman was a side project for many years?** **\[Source: The Ken\]** [**https://the-ken.com/wp-content/uploads/2020/06/postman.jpg**](https://the-ken.com/wp-content/uploads/2020/06/postman.jpg) Postman founders Abhinav Asthana and Ankit Sobti discovered they had developed something that people wanted almost immediately. Their first offering was a "weekend project" that they had rigged up literally overnight. They released it as a free utility on the Google Chrome Web Store in 2012, two years before they incorporated a company. That product saw over 2,000 downloads in a matter of days and kickstarted a journey that has taken them to a US$2 billion valuation today. **Girish Mathrubootham started a side project in 2010!** \[Source: [https://mixergy.com/interviews/girish-mathrubootham-freshdesk/](https://mixergy.com/interviews/girish-mathrubootham-freshdesk/)\] On May 18th, 2010, when I was post-lunch reaching on [Hacker News discussion boards](https://news.ycombinator.com/item?id=1358398). I was actually not thinking about starting a startup. So, I had two kids in school. I was living with my wife in Chennai. So, I had a home mortgage. So, it was not an ideal situation to jump into entrepreneurship. **DigitalDeepak's Founder Deepak Kanakraju's journey** The first try was opening a blog at [Blogger.com](http://blogger.com/) and opening an AdSense account to place ad blocks on the blog. I made a dummy blog and put the ad codes in it (at that time AdSense accounts were approved for everyone who applied). Eventually, I learned that one needs a lot of traffic to earn revenue from ads. And to get a lot of traffic, one needs to have quality content.....I started [BikeAdvice.in](http://bikeadvice.in/). That’s how my first business was born. Deepak has built a multi-million $ business... > > **_100's of such success was a side project._** > ​ You don't have to drop out of school/college/universities to launch a side project. You don't have to quit your job to launch a side project. Google has encouraged its employees to devote 20% of their time to side projects. Why won't you for yourself? Or for your career advancement? 🤔 A side project is not just about making instant money, and you could create a long-term game of exploring something that is your interest or see someone facing pains. Remember the examples of Postman or Girish's pain for his relocation customer support pain. Even Linux was a Side Project of Linus Torvalds. When we launched Foundership, the goal has been to be the catalyst. ---------------------------------------------------------------------- **Foundership is** The catalyst​ * helping launch side projects, * helping launch startups, * helping startups do the finest execution, * helping startups raise capital, * helping startups succeed with founders & leaders community. _With the mission as a catalyst in helping launch startups, we are going to the root of startup creation: Launch -> Learn -> Build with Peer -> Experiment Side Project(s)._ Announcing a new Cohort-Based Program: **Build a SideProject with NoCode**. In 4 weeks, build a side project with no code with the support of experienced no code mentors, platform builders and creators. Here's how the program is structured ------------------------------------ Intense program Free to apply. We review each application to select participants. 1 Program Director: [Santosh Panda](https://twitter.com/santoshpanda)​ 1 Program Lead: [Bhanu V](https://twitter.com/bhanuv3)​ 15 Founders & Leaders as Program Mentors​ \+ Several surprise Guest Mentors (successful, hands-on to share their secrets/practices to build better) The program will be a four-week duration. Every week in the cohort will have the following activities:​ * Weekly: The program creator will drive a session to help you learn + apply the weekly goal. Review week cohort progress. * Regularly: One Program mentor will host workshops, Q&A sessions and help answer specific questions regularly as per their availability. * Frequently Scheduled: Peer learning & working sessions among sub-groups to check progress and goals. * Async/Real-time: Discussions, calls and messaging among participants, program creators, mentors, coordinators to help overcome challenges, share feedback, and connect. **Why NoCode?** --------------- Developing ideas/side projects requires much more technical expertise, know-how, time and money, and finding the right skilled people to get your ideas to the basics stage. In number, this may take 3 to 6 months of effort and cost to get the basic product (minimum viable product) for the initial 50 customers (B2B) or 500 consumers (B2C) can play and share their 'usage' feedback. This could cost a few lakh INR or a few thousand dollars. ### Enter NoCode.​ * You don't have to be a programmer to launch MVP. * You don't have to worry about design complexities (UI or UX). * You will have time to show several quick demos to gather customer feedback * You will reduce the development cost by up to 80% * Whether you are a marketer, developer, designer, content creator, or someone with basic web knowledge, you can launch your idea with NoCode. * And, you can Build Mobile App, Web App, Micro-SaaS, ECommerce site, Community, Automation and more using various NoCode Tools.· · ·​​ Want to see your ideas into reality by launching it as a Side project with NoCode? ================================================================================== Apply now: [https://www.foundershiphq.com/program/build-a-side-project-with-nocode](https://www.foundershiphq.com/program/build-a-side-project-with-nocode) * We review in First Come First Review order. * Only 50 participants in the first cohort. * Cohort Starts 25th Sept. * Along with 17-20 founders and leaders as Program mentors, I invite you to build Side Projects. Unlike other Side Project /NoCode programs, the Foundership "Build a Side Project with NoCode Program" is a 100% outcome-driven, cohort-based program designed to help you navigate to learn, apply and build your idea to a reality. · · · ​ _About Foundership:_ _Foundership is where an incredible peer network of founders & leaders help startups succeed with Coaching, Capital and Connect._ ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing Foundership - Seed Acceleration Program. Build a fundable startup in 4 months with ZERO upfront cost! Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/announcing-foundership-seed-acceleration-program-build-a-fundable-startup-in-4-months-with-zero-upfront-cost/ The Secret is out! 😱 Announcing Foundership - Seed Acceleration Program. We had silently launched on F6S and 50+ Startups have already applied. 💪 4 months, cohort-based, action-oriented program designed to help seed-stage startups develop the product, grow revenue and secure funding of up to $250,000 ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163e665e49061e48561b8cefoundership-seed-acceleration-program-1649146183291-compressed.png) * 100% Execution Oriented Program * Accountability with Deep Reviews * Access to founder-mentors who have been there, done that * Access to up to $250K in funding * $100,000 worth of credit for software & solutions * Lifetime access to support network 👉 Last Date to Apply: 25 July 🇮🇳 Starts: 15 August Apply ✅ https://bit.ly/FoundershipSeed ✔️ Only 6 founders in a batch ✔️ No upfront fees ✔️ Dozens of founders & leaders to hands-on execute with you week by week for 4 months ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6163e5fe5081b0f7a17d433f_seed-acceleration-program-foundership-1626172684140-compressed.jpeg) Why are we launching a Seed Acceleration Program? ------------------------------------------------- In 2020, when Bimlesh was coaching founders for Sales acceleration, he found many seed-stage startups had MVP products but didn't have good messaging and could not build enough traction. And, at the same time (in 2020), I ran a probono mentoring, and I met 176 founders. Initially, it was available for 2nd tier and 3rd tier cities in India and later opened to all. I felt many young founders could succeed if they are coached to grow faster and in the right direction. Fast Forward to 2021. We launched Foundership and started a program - Get growth ready in 4 weeks. We worked with 35+ Startups and helped them achieve clarity & direction for growth. Some amazing startups had joined our Get growth ready program. > _We saw several startups in the pre-seed stage and don't have great traction yet, but there is huge potential for them if they get nurtured._ **_This inspired us to launch the Seed Acceleration Program - An outcome-focused program where we engage a minimum of 6 to 10 founders over 4 months of the hands-on program to build traction and get them funding/funding stage._** Our focus area is B2B SaaS startups in the pre-seed/seed stage. How different? -------------- _Unlike other accelerators, we are taking a different stand._ We don't ask for a board seat for you to join our program. We don't ask for fees to give you access to a few mentors. We don't provide you workspace and take x% equity for that. We don't host a bunch of talks by founders as our program model. We don't ask for a fee to pay upfront to join the program. What we do? ----------- Dozens of founders & leaders join the program to hands-on execute with you week by week for 4 months. We cover all business functions to build a strong foundation that will scale up to Series A and beyond too. **You can see our detailed program structure here:** [**https://foundershiphq.com/seed-acceleration-program**](https://foundershiphq.com/seed-acceleration-program) > _5% of startups get funded. 10% of startups fail within the first year. 90% of Startups fail with execution as one of the key factors. What matters is execution! Our mission to increase the overall success rate of startups up_ **_by 1%._** **Only Founders know /can relate to another Founder's pain.** Founders for Founders --------------------- Let's be honest. Starting up is like jumping off a cliff and building an airplane on the way down. First, you have to understand what your customers want, then figure out how to develop a product and reach your customers most profitably. Along the way, you will have to get the right kind of people on board while you figure out your branding and marketing. And, the list goes on. High-performance Founders hands-on execute with you. We curate successful founders & leaders who have scaled their business to bring the discipline, performance mindset and execution power to you to grow your startup. They are fighters, survivors and winners. Dozens of founders & leaders join the program to hands-on execute with you week by week for 4 months. 👉 Last Date to Apply: 25 July 🇮🇳 Starts: 15 August Apply ✅ https://bit.ly/FoundershipSeed ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Pay it forward: Probono Office Hours for Founders by Founders Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/pay-it-forward-probono-office-hours-for-founders-by-founders/ While India is struggling + fighting back to win against COVID, 1000s of entrepreneurs are in their everyday journey building fortunes for India and the world. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163ddecfe22b6571e0b442cdavid-travis-wc6mj0krzgw-unsplash-1619532710566-1649145641811-compressed.jpeg) In April, we hosted free/probono office hours for founders to hear & get guidance from mentors at [@FoundershipHQ](https://twitter.com/FoundershipHQ) * A Founder in Mumbai building a remote startup in Odisha (profitable) * A founder having investors ready and setting up a remote team from Bhubaneswar * A founder has made some money from a successful startup, now ideating what to build next * A founder having worked in Apple for 16 years is now attempting to solve a farming logistics startup * A founder is converting cars to pods! * 2 founders having worked for global companies now ideating enterprise SaaS for the world * Building a missing piece around events! For the world. * Building a global payment remittance aggregation platform * Chartered accountant-to-Software Product, a super team is building a D2C SaaS * A founder who failed in an experiment wanted to ideate the next idea * A founder has built a super-platform for the Creator economy * A founder has an awesome No-Code product for marketers * A founder has a branded product for millennials with _sustainable_ technology..._green_ alternatives * A founder having lived in USA & UK for 16 years, returned back to India and doing a product in healthcare * One of my fav founders is now re-launching 2.0 platform for accessible travel * A founder is re-imagining fitness from home solution * A founder in Singapore is creating a superb platform for _home_\-based diagnostics * A founder in the USA is creating engaging hardware + software to encourage activity-based learning Thanks to Founders & Leaders mentors Bimlesh, Ravi and Swami. We will have more founders & leaders mentors taking office hours in May! https://foundershiphq.com/about **Founders:** We offer 40 minutes free 1-1 office hours for founders. We will discuss your business idea, challenges in your business or specific advice you need. ​[https://foundershiphq.com/office-hours](https://foundershiphq.com/office-hours)​ **Want to join as a mentor?** You are most welcome to pay it forward. Contact us and we will love to discuss and invite you. 🙏 ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## What did Startups achieve in 30-day during March Cohort? Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/what-did-startups-achieve-in-30-day-during-march-cohort/ We have been sharing in public how startups derive excellent outcomes in Foundership's 30-day execution program. We had written about Feb 30-Day Cohort startups here. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163ebfc3e24555af817cb1emarch-cohort-updates-1649146007220-compressed.png) Here is Foundership 30-Day Execution Outcome log for a few startups who participated. Startup 1 --------- A Communications bot company with a global customer base and a good revenue model had hit a growth plateau. They had been experimenting quite for the last 6 months with few outcomes. They agreed to prioritize and solve Trial to paid conversion metrics in the accelerator program, among several other top priorities. They had a fully functional team across all departments with specific responsibilities. During the next 3 weeks, they worked diligently with full disclosure and transparency to share their analysis of current customers and churned customers over the last 24 months. This activity gave a new purpose and alignment within the team and enabled them to take in ideas and inputs from the team in drawing up the root causes of each stage of the customer journey from Trial Sign up to Paid plan conversion or drop out. With our help and support, they arrived at an action plan to implement and make changes to their product, customer success process, and sales process. At the end of the 3 weeks, they had achieved great clarity and direction on where they need to improve and arrive at a prioritized focus list of action items to implement and observe the impact on the Trial to Paid conversion metric. Startup 2 --------- A very early stage cloud workload management from Singapore was in a spot in their early journey. They were an Antler Backed startup, has raised $150k. It had ~6-8 months runway left. While their cloud platform addressed future cloud workloads with 5 G rollouts, they also had a technology that could support Mid-sized workloads. They had a challenge on not knowing where to focus, how to target and attract the right ICP, and this was the experiment they were willing to focus on during the acceleration with us. Over the next 3 weeks, they diligently worked on Problem Solution Fit, Value Proposition and analyzing their potential ICP. Post this activity, they achieved great clarity and arriving at different ICP and segmenting them. They were then able to arrive solution for each ICP segment. Post this activity, test these results if their ICP would resonate and respond to pilots. By the end of the program, they were on a confident path to achieving traction based on their ICP and value proposition and messaging. Startup 3 --------- Very niche product with 1000s of beta customers! The team has the challenge of monetizing their innovation. Will the Indian market pay, or should they go to a different industry with paying customers? The Team decided to experiment on evaluating more use cases and markets. Based on analysis and market study, the team decided to explore global markets, enhance the product to have more values hence having monetization opportunities. Startup 4 --------- This young street-smart team is building a fantastic product in a very competitive market. Their problem has been competition, pricing and customer segmentation. We agreed to review the current customers, benchmark competing products and identify a growth model. We solved to find the right segment, partnership model to ramp up customer acquisition, and higher pricing for enterprise customers. Startup 5 --------- The Startup is hustling to build a platform and has 150+ prospects in waitlist mode! However, the Startup is struggling by not having key insights on one or two market segments. We agreed to do positioning and customer analysis. We went through complete product analysis, competitor analysis, customer feedback and identify a large market opportunity. Startup 6 --------- The Startup has an excellent product. However, COVID has impacted the business and hence opening multiple doors, but which one? The founder joined the program to solve finding the right market and fit the product. The team agreed to analyze existing customer data and feedback to choose the market. We went through a rapid pace on value proposition analysis, ICP, competitor analysis, existing product analysis to reach a potential large market. Startup 7 --------- The Startup and Founder have years of experience in storytelling, design, and brand strategy. Being a Solopreneur, his challenge is to scale and automate some part of the business. The founder came to the program with one challenge: Productised services that can be standardized without losing the soul of creativeness! We started from basics to understand his key customers during the four weeks of engagement, which types of creative work the founder can offer as productized services, and analyze emerging scenarios with various platforms /software tools. The detailed planning, analysis and customer survey enabled the founder to venture to offer Productised creative services. Startups in Foundership’s 30-Day Execution Program in March 2021 Cohort ----------------------------------------------------------------------- PS Note: Logos are shown in random order ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6163e4909875a066c144ac17_Foundership%2520Accelerator%2520March%252030-Day%2520Cohort-1621270448094-compressed.jpeg) Want to achieve ONE thing for your startup in 30 days? ------------------------------------------------------ In collaboration with Draper Startup House, we offer a 30-day program to work on ONE of your business growth problems. It can be anything like sales model, product-led growth, and experiments for growth, etc. Apply to our upcoming programs. ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Inauguration - Seed Acceleration Program First Batch. How did it start? Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/inauguration-seed-acceleration-program-first-batch-how-did-it-start/ 6 months ago, an experiment was put forth to prove the hypothesis that a lot of startups struggle in the early days and few break out the pattern to create a successful momentum. Furthermore, not all successful startup founders were always from a great company or a great background. What made the difference was how they executed, led their teams, secured funding, and were passionate about solving customer problems. At Foundership, we started with a humble intent to validate this hypothesis and enable startup founders & teams to get their basics right and taking effective decisions around product, business, funding, and growth. Since Jan 2021, we have had the fortune to interact with over 200+ startups across Idea, Seed, Early & Growth stages. We saw the hunger in each of these founders to take their business to the next level of growth. They also wanted unbiased views of their current path and opinions on the choices they need to make. We call this a "Founder Dilemma". When faced with a dilemma, first think from mid (using data) and then let the heart help you make the final decision as you cannot ignore your Instinct. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163e839051b1069bedef099inauguration-seed-acceleration-foundership-1649146247942-compressed.png) We ran a 30 Day program that focussed on Solve 1 Business problem. We had the privilege of working with 40+ founders in this program across seed, early, and growth stages. We experimented with formats, engagements, and outcomes. Some founders extracted the highest value by gaining deep insights into their customer and problem statement, while others gained the most by having cofounder & team alignment. Every one of them gave us an NPS of 90+ and shared that it would have taken more than 6 months to build such clarity ad momentum. These experiments and journeys validated our hypothesis that Active Coaching with a weekly goal, making themselves accountable, focusing on achieving goals, hands-on intervention by mentors (founders & leaders) will build significant momentum. This enabled us to conceptualize the Seed Acceleration program with a commitment of "Build a Fundable\* Startup in 4 months" Fundable = Customer Revenue or via Investor Capital. Several first-time founders make the rookie mistake of giving away too much equity for very little value. One of our key objectives is to ensure you build momentum and take capital for the right value at fair equity. The Seed acceleration program is different from several ones that have existed in the past. Our whole focus will be on the execution rigor, driven by OKR & metrics to ensure weekly progress to build consistent momentum of the business. **_We received over 166 applications from India, the EU & Russia. We put in a fair process to evaluate every application to see where we can add maximum value._** We were fortunate to commit our Mentors who chipped in during the evaluation process. Post application form evaluation, we held a 1:1 discussion with each shortlisted startup & a panel of mentors. Post the interviews, and we finalized the Top 5 startups who agreed to be part of this flagship program. Investors typically leverage the use of different signals on the potential of a startup. Now imagine their current signals are augmented with true execution signals and insights on how the startup operates. This enables them as investors to de-risk their decision-making process and have more meaningful conversations with faster decision turnarounds. Our Investor circle consists of incredible founders and leaders, angel syndicates and some seed-stage VC funds as well. This support completely validates our hypothesis from the ecosystem as well. We are delighted to have the support of great Founders, Leaders, Investors & friends from the ecosystem that has been built over 10+ years. This trust, support, and encouragement are priceless and we will strive each day to add our value to the ecosystem, make it stronger, and strive for Foundership to be a destination for Startups to Succeed Together! **_Foundership's mission is to supports startups to accelerate growth through coaching, raising capital and the founders' network._** ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6163e74daadf7ede8d34732d_funding-1-1628791054453-compressed.jpeg) **Coaching**: We coach the seed/pre-seed & early-stage startups to build initial growth with our Seed acceleration program. We run cohort programs for early-stage founders to solve business challenges. We host office hours to help founders to share their challenges and specific advice they need. ‍**Capital**: We bring Founders & Leaders to get startup funding signals via the Foundership Signal - A system for Funding. We invite our funding partners to participate in Seed Acceleration Program to work with startups and choose to invest. ‍**Connect**: We connect startups with incredible Founders & Leaders to get help and also expand their network. We help startups to grow via partnership and market access programs. Want to join the mission to help Startups Succeed Together? Apply as a mentor: [https://tally.so/r/nrAG5w](https://tally.so/r/nrAG5w) Join as a Funding Partner: [https://tally.so/r/3EQ7r3](https://tally.so/r/3EQ7r3) Thank you! Team Foundership ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Announcing Cohort Based Program: Go To Market for India Healthcare Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/announcing-cohort-based-program-go-to-market-for-india-healthcare/ Solving healthcare challenges in India using technology? Are you a Healtech entrepreneur with an MVP or Early Customers or looking to enter a New Segment? Then continue reading......👇 **Healthcare is complex** Solving for such complexity requires a good team to solve them. Healthcare traditionally is a late adopter to technology but, Covid has changed and enhanced the need for Digital solutions to manage the complexity in the healthcare ecosystem. Decision-makers and influencers in healthcare enterprises are hard to get amidst their myriad of priorities. One of the biggest challenges of an entrepreneur is to get the early customer for your product or service.    There are 2 basic ways to achieve this.    1. You already have a network and you leverage the network to help open doors for you    2. Build your network from scratch. Many of the tech founders, who take a product-first approach, choose path 2. They build the product first and then look for early adopters. The healthcare industry in India -------------------------------- Healthcare across the world are slow technology adopters of Information technology. But when it comes to surgical care or critical care, they are the fastest adopters of technology * In India, healthcare standards are not defined because it is a slow tech adopter. Rather than being governed by the Healthcare Act, they are governed by the Information Technology Act. However, they are barely enforced by state/central governments, but healthcare professionals are required to follow them as a standard industry practice. * Healthcare administration in India is a state subject but under the larger ambit of the Central Government policies. Idia spends ~2% of its GDP on healthcare, but all of this changed with covid. * Covid challenges made everyone realize that we are way behind in implementing innovations to provide better healthcare solutions and care services to every patient and citizen when it is needed most. * Although entrepreneurs have a great ability to solve hard & complex problems, getting access to enterprise customers is a challenging task. **Foundership** --------------- We are driving this change through our [Go To Market program](https://www.foundershiphq.com/program/goto-market-for-india-healthtech), which enables your company to define, plan and execute a marketing strategy with partners and networks within the ecosystem. It will reduce the time it takes to find your early adopters and customers. This program is for Entrepreneurs and GTM teams who are in Pre-Seed to Series A stage. This is the stage where the product's path to success gets defined. Go To Market ------------ Every stage of a company and every segment should prepare for a new product launch. As you prepare for launch, you need answers to each of the questions below. ![GTM for Healthcare](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61632e267ac707bc3d215989_gtm-ready-1630602529936-compressed.jpeg) Credit : revuse.it Once you have these sorted out, you will need to think about how to implement these strategies, such as choosing your Marketing & Sales channels and choosing your resources optimally. Following this process gives you a higher ability to achieve consistent results and not have an unhealthy or unpredictable pipeline. **My GTM Story** ---------------- When I started building Pharmeazy in 2013, I had a similar challenge. Pharmeazy was India's first Outpatient connected healthcare platform connecting Pharmacies, Patients, Doctors & Pharma Distributors. The cofounding team did not have access to this network and so we took on a market research activity for 4 months and signed up most of the respondents in Bangalore as our Beta Customers. Post our product launch, only then we started to think about distribution, marketing, and sales activities. Access to the right mentors during this phase enabled us to think on GTM and execute the plan. This process helped us to achieve 75% coverage of home delivery of medicine to Patients ordered via **Medieazy** by partner pharmacy stores in Bengaluru in 60 days of launch. It became very evident that for us to build a predictable business, we needed to have a strong process to support our growth plans. GTM became a standard process. This enabled us to launch solutions such as **Pharmeazy-Pharmacy CRM**, **Distributeazy-Distributor CRM** and **Rxeazy-eprescription** for Doctors (using Hybrid pen - Digital + Ink) all on a **unified platform.** We built out marketing & customer acquisition strategies specific for each product and iterate the process. [**Foundership**](https://foundershiphq.com/) & [**GTM4Health**](https://gtm4health.com/) ----------------------------------------------------------------------------------------- We are bringing our network forces together for 15 HealthTech B2B Startups over 8 weeks to create a strong Go To Market plan and execute the plan that delivers results. 🤝 Building your GTM strategy involves, building in detail and executing them ![GTM for HealthTech India](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61632e26fcbc83b3507327a9_gtm-hc-fship-1630660544242-compressed.jpeg)  Here's how the program is structured -------------------------------------   It's an Intense program   Free to apply. We review each application to select participants. * 2 Program Director: [Bimlesh Gundurao](https://www.linkedin.com/in/bimleshgundurao) & [Shashi Bhushan](https://www.linkedin.com/in/shashibbhushanhr)​ * 10+ Founders & Leaders as Program Mentors from the Healthcare ecosystem * 10+ GTM partners * Our relationships and partnerships will enable us to leverage our networks to open doors for these 15 startups. 🤝 * This program ensures that it is not only filled with a lot of learning for first-time entrepreneurs in healthcare but also combines the power of execution or implementation. * You get to Learn - Apply - Deep Review - Retrospect - Optimize every week with other fellow founders.  Who is it for? ------------------ * You are a B2B HealthTech Startup targeting the Indian Healthcare Market * Your Startup is in the MVP stage with some early market validation or traction * You have an MVP or an early product with growth challenges * You have customers and now are targeting a new segment Are you keen to be one of them? 🤔 ---------------------------------- ###  ✅ In 8 weeks, you will create a blueprint and also execute some or more of the GTM strategies. These activities will help you to find your early adopters & customers! ###  ✅ An intense 8-week program, where you will Learn-Apply-Execute together, combined with deep 1:1 reviews to ensure you are making progress every week. ###  ✅ You also get access to 10+ SME, Mentors & Entrepreneurs across the HealthTech ecosystem ###  ✅ Our GTM Partners are across Diagnostics, Hospitals, Labs, Software Distributors, Device Distributors, and SME access to Diabetologists, Pathologists, Cancer Specialists, and more. It's not often you come across programs that deliver only webinar talks from accomplished folks, but a program that is designed to deliver results/outcomes. You get to network and build your startup with the right GTM mentors who have a passion to collaborate and create success together. In each cohort, you will also network with fellow founders and get to learn from each other ad build a small ecosystem around you. You will never feel that you are alone in the entrepreneur journey · · ·    👏👏 Applications are now open!! 👏👏    ​[Apply Now](https://www.foundershiphq.com/program/goto-market-for-india-healthtech)​ ----------------------------------------------------------------------------------------    ⏰ The last date to apply is September 15, 2021. ⏰    📢📢 Only 15 B2B Healthcare startups will be selected. 📢📢 · · · ​        _About Foundership:_        _Foundership is where an incredible peer network of founders & leaders help startups succeed with Coaching, Capital and Connect._ ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Hello Web3. Hello Foundership! Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/hello-foundership/ You are no longer alone fighting in your Web3 project-startup journey, and you have the support of founders who are there to help you grow and scale, onwards and upwards. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/foundership-1649142833540-compressed.png) Popeye the Sailorman! Do you remember the famous cartoon character? A lot of us in the '80s were formed by Popeye's adventures and he also introduced us to the world of a Sailor, Ships, boats, and the seas. ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/61633357065c73285ec429cc_vlsax2jqMKcyicX5CzhLR4Hja4bR2R3bmDoy71dyPGZpwBoUOiIK8kIhsHi9_TuY9mx2OLZQjqZ7s7eAHves1brV8z2feCEJdrSQuSA1mkABJmNEToRIthXE7_e-vRcvtnf9yGSy.jpeg) Why do I bring this up? A sailor on their own boat is analogous to an entrepreneur who sets eyes on a far-away destination across the seas to find a new land of opportunities. Christopher Columbus was one of the earliest explorers who discovered the Americas in his voyages from Europe. All he had was an Audacious goal and vision of exploring the unknown across the world. Every entrepreneur starts off being just a Sailor and his/her boat (solution). Slowly over time, he/she hires a crew to help him/her go on a long journey on his/her Foundership as a Captain. Foundership is a long voyage for a founder on which he/she must set sail in order to discover the promised land or the land of opportunities in Web3! It is not uncommon for Captains of seafaring ships to encounter the unexpected on rough seas, where the unknowns can be mysterious sea monsters, pirates, rough weather etc. Therefore, the seaman or the Captain always relies on communicating and receiving data from the nearest shore teams on weather, storms, and any other useful information that will help navigate better. Additionally, the lighthouse also helps them determine direction and milestones along their journey as they near different shores along their voyage. Foundership is built on the basic principle that once the Captain of the ship is out in the sea, he/she needs Navigational Support to make it to the promised land. Each lighthouse they see on their journey lets them know where they are, as well as what to do next. Our Network of Mentors are like the Lighthouses, which come across the Captain at different times during their journey to help them navigate rough/smooth waters. Every ship, its Captain, and crew have a unique story to tell, and their ability to reach the shores of their destination depends on the support they receive from the nearest navigational teams. > _Foundership's mission is to enable Founders to navigate their voyage. For our Founders, Foundership is constantly communicating and accelerating their voyage! > _ We are founders ourselves; some of us were such old fools that we are here since 2007, much before India woke up to 'Startup Trend'. 📈 We built companies for more than a decade and went through the real grinding of lack of ecosystem and support to having being part of building it too! Hundreds of entrepreneurs wholeheartedly set India's startup ecosystem to what it is today! **However, some things never change in entrepreneurship:** * Building a startup to success continues to be challenging * Being an entrepreneur is the most lonely job * There is a world of opportunities and there is severe competition from anywhere in the world * Hiring the right team members at a very early stage is next to impossible (unless you are a second-time founder) * Getting right mentors who can work with you (not just talk) * only 5% of startups get funded * and many such challenges These challenges motivated us to think of a solution to scale India's startup success further! Each of the founding partners at Foundership Accelerator experienced such challenges, for example: Bimlesh ran a bootcamp to help founders perfect their sales pitch, investors pitch and more. Bimlesh knows how critical it is to have a super pitch! (Btw, Bimlesh had launched [Pharmeazy.com](http://pharmeazy.com/) - India's first connected healthcare, connecting Pharmacies, Patients, Doctors and Pharma Distributors) with 80% pincode coverage in Bangalore. ​Santosh ran a probono mentoring program called Grittiest, for founders from Tier 2 & 3 cities in India soon after he moved on from active roles at Explara (Btw, Santosh had launched [Explara.com](http://explara.com/) - India's First Event Ticketing & Management Platform) scaled to 50k events & $11m gross revenue. With these unique experiences in starting up and scaling revenue, users, people, and platforms, Santosh and Bimlesh got together to think and feel, which would increase the odds of success in our startups deeply. We noticed that executing the founder's ideas or strategies played a huge role in moving startups forward. ✌️ We could see how we could apply pinpointed interventions to execute defined hypotheses of startups that would lead to exponential returns in the startup lifecycle. Next, we have seen funding life cycles, exit negotiations, and built teams that last a decade. Each of us brings experience, ideas & wisdom to help our founders make better decisions in executing and scaling startups. Some of the key decisions of founders are: * should I build a revenue first company * or a customer-centric company or community-centric * or scale the company to an exit or ICO/ODO, with either customer/community capital or venture capital? Of course, we all know lots of success stories in Web2 startups and how they pivoted to success, from Airbnb to Uber to Ola to IXIGO to Paytm to Flipkart. We have seen the stories of various high-profile founders and how they might have raised 100 million but still trying to find their feet in terms of customers and markets. You are no longer alone fighting in your startup journey, and you have the support of founders who are there to help you grow and scale, onwards and upwards. > _Bon voyage and Sail ahoy!_ ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## Hello Intern! Do you want to be among 1000s of startups' success? Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/hello-intern-do-you-want-to-be-among-1000s-of-startups-success/ We at Foundership are looking for a Digital Marketing & Community Intern.   > _Is there a mission bigger than starting up? What could that be?_ How about helping 1000s of startups succeed? That's almost a challenging mission but imagine a bit of success in that mission? ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/616331b8065c73b926c39db3our-family-is-growing-1649146313939-compressed.png) How many lives will your work impact? ------------------------------------- Your work will impact 1000s of startups and 10,000s of startup team members' careers. Imagine 1000s of founders and startups knowing you for your work. You will gain deep insights which will shape your decision-making power! You will work with founders directly hence gaining hands-on experience at the organizational level. ### **If you enjoy learning and implementing the following things:** * Grow Startup Ecosystem relationship * Collect High-value resources and tools for Startups * Launch Community initiatives * Amplify social media creative text & video contents * Manage marketing channels * Implement marketing campaigns * Plan & Execute Events ### **You are a great fit if you have:** * You have empathy for doers irrespective of their pedigree, demography and success or failure * An excellent communicator, especially as a writer * A self-starter having the patience and passion for learning multiple things and executing * Knowledge of content marketing and video making * Ability to distill, simplify, and communicate * Networking skill > _About 90% of startups fail. 5% of startups get funded. 10% of startups fail within the first year. Our mission at Foundership is to increase the success of startups._ ### This is a dream role and high-worth mission. Want to apply? Please reach out to [we@foundershiphq.com](mailto:we@foundershiphq.com) with a video pitch - a summary of your skill, any past work samples you see fit, and a note about why you're interested in this role. ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. --- ## What did Startups achieve in our April cohort-based program - Get Growth ready? Author: Unknown Published: 2021-10-18 URL: https://blog.foundershiphq.com/what-did-startups-achieve-in-our-april-cohort-based-program-get-growth-ready/ Here are a few startups that had participated in our 4-week Cohort-based Program- Get Growth ready during April 2021. ![](https://assets.superblog.ai/site_cuid_cl0z35x6z180181jn27kcp7m03/images/6163ec121801455156b14be8april-cohort-updates-1649146062291-compressed.png) A log of what did each startup achieve at the end of the program? **WINAIM** ---------- ### **Problem Statement (Where they were)** Based in London with product teams in India, a Compliance Tracking and reporting company had a healthy MRR and had large enterprise clients across UK and UAE. One of the largest Airline companies in the Middle East was their customer. Their technology is being used to serve the largest airline kitchens in the world. The company was bootstrapped and catered to a unique problem across Risk Management, Compliance in Food, Safety, Facility Management, and Healthcare. Their unique ability to use metadata and configurable forms have made them a top vendor in this category. ### Experiment (What they agreed to do) The founder's aspirations had changed over time. They realized that they have a great product, good validation with great logo customers, and credibility of ee outing large scale implementations and usage. Their clients rely on their reporting to ensure day-to-day operations were being run smoothly across different locations. The company was predominantly Founder Led and Driven from Customer Acquisition to closure. The founder needed to scale and raise money. ### Outcomes (What results were achieved) When the foundership team looked at the company and heard the founder's passion, his "Why", it became evident that this company can grow as the founder had the ability to delegate and grow. He agreed to work on the basics to redefine his company GTM - Value Proposition, Identify who are their actual customers, Positioning and new messaging for their website., With these done, the founder can now successfully hire a sales team and get cracking as the WHY, WHAT, and WHO is now clear to the founder! All in 30 days work! **Lens&Meds** ------------- ### Problem Statement (Where they were) A healthcare company is looking to disrupt the marketplace with its new business model of enabling standalone pharmacies to increase its revenue by add additional "In the Box": solutions and services to a pharmacy. A very early-stage company with immense experience in the global pharmaceutical industry. It had been 6 months since they got off the ground and had worked out a model that would potentially scale PAN India and enter global markets. ### Experiment (What they agreed to do) Create the new "In the Box" solutions and onboard partners in the healthcare ecosystem to increase revenue for pharmacies either online or offline. They needed clarity on partner acquisition, partner category identification, and revenue share models to effectively work partnerships. ### Outcomes (What results were achieved) They worked on the Problem solution fit, Value proposition, and Goto Market plans for their initial launch. Within the next 2 weeks, they were able to onboard several partners for Diagnostics and onboard several Pharmacies to launch "On the Spot" Blood tests and increase revenue for the pharmacies. With this clarity, they are on their path to scale up post lockdown. **Udhaar-OfferXP** ------------------ ### Problem Statement (Where they were) 2nd-time entrepreneur into digital lending, looking to create a new product in a massive category of FMCG brand rewards and redemption. The problem and his solutions were clear to the founder but were unable to translate them into meaningful tangible outcomes. The product was being built as the program started. There was a lot of confusion on the different problem statements to focus on, which ones to launch first etc. ### Experiment (What they agreed to do) Foundershiop team worked with the founder to break down his problem statement, create a hypothesis of his ideas, and enabled him to focus on key value proposition and GTM Plans for the 1st phase of the launch ### Outcomes (What results were achieved) At the end of the program, he had clarity on the Problem Definition, Value proposition of his solution, Target Market, and initial launch plans. This helped to get his PITCH DECK story right for his first round of talks with seed-stage investors. **BioMall** ----------- ### Problem Statement (Where they were) Imagine solving cross-border commerce on specialty chemicals and lab equipment! The founder has deep knowledge of chemicals and lab equipment, and he has been running it for a few years. The company has steady growth and global customers. However, the problem is to find out growth levers as there is a bit of stagnancy in a certain part of the business. ### Experiment (What they agreed to do) We started with existing customer data to find patterns such as repeat, high-value, churn and also based on types of products they have bought. We then coached the founder to do value proposition analysis to how we solve their pain points and jobs-to-be-done needs! We coached the founder to do target market analysis and competitor analysis. We also enabled the founders to focus on the core part of the business and not get distracted by low-value revenue opportunities. ### Outcomes (What results were achieved) At the end of the program, the founder has the clarity to focus on key customers, improving supply chain process and key target makers to grow the business. ![](https://uploads-ssl.webflow.com/60ca10044f6f99bd1f1e42b8/6163e551ebaf7d66d0868073_Foundership%2520Accelerator%2520April%252030-Day%2520Cohort-1624383527231-compressed.jpeg) **Want to solve your growth challenges in 4 weeks?** ------------------------------------------------------- In collaboration with Draper Startup House, we offer a 4-week program to work and solve your growth challenges. Apply to our upcoming programs ‍ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---