Web3 fund Outlier Ventures has introduced the Polygon Base Camp Accelerator to bolster efforts and growth within the burgeoning Polygon ecosystem, Crypto discovered in a launch Monday.
“Because the main answer for Ethereum scaling and infrastructure growth, It is important to assist and encourage growth on Polygon because the community turns into important for broader Net 3 development,” mentioned Sandeep Nailwal, co-Founding father of Polygon. “We have now excessive hopes that this system will uncover the most effective the Polygon community has to supply to assist drive developer exercise and expedite ecosystem development.”
Outlier Ventures has accelerated greater than ninety Web3 startups since 2014 and is positioned to stimulate developer exercise and development on the Polygon community by collaborating with mentors from Polygon and its ecosystem gamers to host this rigorous five-month accelerator program.
The Polygon ecosystem emerged in 2021 as the first hub for scaling Ethereum-based apps, gathering greater than $10 billion in worth locked within the ecosystem by bridges from Ethereum, and tons of of thousands and thousands of devoted enterprise capital is anticipated to enter the house to fund startups constructing on Polygon and leveraging its distinctive governance capabilities.
Rising the Polygon ecosystem
Following its success with the launch of ecosystem accelerators with the likes of Polkadot and Filecoin, Outlier Ventures is in search of quite a lot of groups utilizing Polygon applied sciences — from crypto natives to Web2 founders and enterprise professionals — to construct high-growth startups and decentralized functions and networks.
The Polygon x Base Camp Accelerator is now open for functions and this system will start in early 2022. As much as eight groups will be part of an intensive five-month program that helps founders with fundraising, neighborhood development, token design and implementation, enterprise mannequin innovation, and governance, along with getting access to Outlier Ventures’ mentor community of main Web3 founders.
The accelerator may even function a catalyst for founders creating their tasks inside the context of Outlier Ventures’ Open Metaverse thesis, a toolkit for design alternate options based mostly on rules of user-centricity and sovereignty of id, information, and wealth.
Initiatives shall be chosen for the cohort based mostly upon their capacity to develop the Polygon ecosystem, with a concentrate on the NFTs, blockchain gaming, DeFi infrastructure, B2B options, and providers supporting Polygon, middleware, and normal DeFi-related providers.
“Polygon has helped take the Ethereum ecosystem to the subsequent degree, making totally new use circumstances doable that require an ultra-low charge and excessive throughput transactions, so it was a pure associate for us to assist speed up the Web3 ecosystem,” commented Jamie Burke, founder, and CEO of Outlier Ventures mentioned of the collaboration with Polygon.
Like what you see? Subscribe for updates.