Cohort 3:Who should apply:
Our Web3 startup bootcamp is designed to enable you to transform your idea or business into a Web3 Investment Ready Startup!Fees*:
The upfront fees will be covered by the Startup Lab, Stacks Accelerator, and Stacks Foundation.
*See Fee Details after the schedule belowTrack 1 - Self-Learning*:
Just for applying, you gain access to our curated entrepreneurs Web3 community as well as training content, for a limited time, to develop your skills and build your Web3 startup. *Our community rules will apply: We reserve the right to refuse service to those who are not committed to becoming the best versions of themselves!Track 2 - Immersive Bootcamp:
If you pass the application and interview process, you get into the fast track program. This is a program that utilizes your time during weekends and off-work hours to help you transform into the best version of yourself, so that you and your co-founders may create a Web3 startup worthy of investment and fast growth.Web3 Immersion Program Deliverables and Milestones - Our Web3 Startup Lab Fast Track Curriculum is designed to enable you to achieve:
- Validate an idea worthy of a startup
- Web3 Early adopters, biggest pain points, market entry point
- Web3 differentiators and competitive analysis
- Create Web3 business model
- Web3 Incentive mechanisms
- Web3 user traction on social media
- Web3 community around your product
- Tokenomics Design
- How to apply for grant money
- Web3 proof of concept and MVP with blockchain tech
- Web3 user experience iteration towards product market fit
- Get into the Stacks Ventures Accelerator with funding (grow fast and raise capital from top tier investors & funds)
Part 1: Jan 10 – Feb 11, 2023
Part 2: Feb 16 – Apr 15, 2023*
*Upon achieving Part 1 milestones.Application Deadline:
Don't miss the Dec 30th, 2022 deadline!
Note: Applications submitted after this date will be put into the queue for the next startup bootcamp!Cohort 3 Launch Date:
Jan 10th, 2023. Our live classes, workshops, and 1 on 1 mentoring sessions will begin at this time.Handoff to Stacks Accelerator & Ventures:
During the last 2 weeks of our program, we enable you to prepare your final presentation to be presented to Stacks Accelerator & Ventures. Those who achieve the bootcamp milestones will be fast-tracked into the application process for the Stacks Accelerator & Ventures.What to Look Forward for being a Member of our Web3 Startup Lab Community: 1.
Our intention is to evolve the Web 3 Startup Lab into an NFT gated entrepreneurs’ community, then evolve to launch our own token, and then become a Startup DAO with more funds to invest into our best teams before they are ready to raise venture capital funding. <Roadmap coming in 2022Q4>2.
Our plan is to expand this program to reach as many founders as possible and to help them build the future of Web3 on Bitcoin.3.
In order to achieve this, we need to create a sustainable model that has shared success and upside for potential investors in the DAO. By having "skin in the game" we are even more invested in your success, so if you are successful so will be the DAO and our community.4.
For this reason, we have a "services for equity model." While we do not charge founders cash for the cost of the program, instead we ask for a reasonable amount of equity based on your startup's valuation at the start of the program. Instead of taking a fixed % of equity like other programs, we value the services provided by the program at $55,000, discounted by the funding we have received from Stacks Foundation. This is in-line with similar pre-accelerators in the industry.5.
This "services for equity" is done through a simple SAFE agreement and side letter for companies who are already incorporated, or through an MOU for participants or teams who have yet to incorporate.We Look forward to empowering you on your Web 3 Startup Journey!