Bitcoin Frontier Fund Unveils Ordinals Accelerator Program for Nurturing Web3 Innovators
Empowering Next-Gen Web3 Creators: Ordinals Accelerator Program Ushers in a New Wave.
A groundbreaking initiative has emerged from the depths of the cryptocurrency landscape as the Bitcoin Frontier Fund, a prominent venture capital entity dedicated to Bitcoin and blockchain technology, introduces the Ordinals Accelerator Program. This innovative venture is poised to extend vital seed funding and invaluable mentorship to startups that are shaping the landscape of the Ordinals ecosystem—an amalgamation of protocols and tools that simplifies the process of erecting decentralized applications atop the Bitcoin platform.
The Ordinals Accelerator Program is actively scouting for startups that thrive within the following domains:
- Blockchain infrastructure
- Decentralized finance (DeFi)
- Developer tools
- Demonstrable web3 use cases
- Catalytic enabling technologies
Embarking on this transformative journey, each selected startup will benefit from an infusion of up to $100,000 in initial seed funding, in conjunction with access to an expansive network of astute mentors and advisors. This league of mentors boasts expertise spanning the realms of Bitcoin, blockchain technology, and the evolving terrain of web3.
At the helm of the Ordinals Accelerator Program stands Trevor Owens, a luminary in the Bitcoin domain. Recognized as a Bitcoin entrepreneur and influencer, Owens is the creative force behind the acclaimed Bitcoin For You podcast and the author of the instructive tome "Bitcoin for Beginners."
Owens elucidated that the Ordinals Accelerator Program is meticulously engineered to galvanize startups in their pursuit of crafting the forthcoming generation of web3 applications. He underscored that the prevailing bear market, while challenging, can serve as a fertile breeding ground for innovation. By affording startups the luxury to divert their focus away from fundraising, they can nurture their products with heightened diligence.
According to Owens,
"The bear market is a great time to build because there's less noise and less competition. It's also a great time to get mentorship and advice from experienced entrepreneurs."
In a spirit of inclusivity, the Ordinals Accelerator Program beckons startups from all corners of the globe to partake. As the curtains of opportunity slowly draw to a close, startups are urged to submit their applications before September 15, 2023.