Announcing the Encode x Algorand Accelerator
Following the success of our Encode x Algorand Educate Series and Encode x Algorand Hackathon in collaboration with the Algorand Foundation, we’re delighted to announce the Encode x Algorand Accelerator!
This will be an 8-week online accelerator taking the best hackathon and early-stage projects worldwide and helping them take the leap to become fully-fledged startups.
About Algorand
We are delighted to be working again with the Algorand Foundation and helping to champion the adoption of the Algorand blockchain. Their technology, the brainchild of Turing-Award-winning cryptographer Silvio Micali, stands out at the forefront of the blockchain space, particularly their pure-proof-of stake protocol. We also know first-hand that their developer relations and support are second to none. For more information, visit https://www.algorand.com/ or https://algorand.foundation/.
About Encode Club
Encode Club is a Web3 education community learning and building together through fantastic programmes with the leading protocols in the space. Together we organise programmes like education series, bootcamps, hackathons, accelerators both online and in person. We then help our community get jobs and funding for projects and startups.
Concept
When great projects finish hackathons, they have a lot of potentials to keep building, but are often not ready for the commitment of going full-time. We wanted to create a programme to help them get to the next stage. We also wanted all teams to build on one platform together so they could enjoy the camaraderie, support and feedback from other teams at the same stage, as well as constant 1–1 support from their mentors at Encode. Hence, the Encode Accelerator was born!
Applying
Applications are now closed.
Structure
- Lasts 8 weeks
- Weekly workshops on building your project
- Dedicated 1–1 mentorship meeting
- You are expected to build intensely, but not full-time, for those 8 weeks
- Ends with a Pitch Day for follow-on funding
Workshop topics:
- Welcome Event
- Lean Startup Method
- Design
- Midway Demo
- Marketing
- Fundraising
- Pitch Practice
- Pitch Day
At the end of the accelerator programme, each project should have a thought-out pitch deck, including their economic design and business plan to help with fundraising.
After the accelerator, you will have the opportunity to:
- Apply for grants from Algorand
- Raise equity and token funding from Encode Invest
- Get funding from investors
Eligibility
- Any high-quality individual or team building an Algorand-related project (on any chain!) will be allowed to apply to participate.
- The programme will take place online, so anyone worldwide can participate.
- As part of this accelerator, you do not have to commit full-time to your project or incorporate a company (you will have time commitments of 2–3 hours of calls per week as a minimum)
- So long as your project has not received equity or token funding prior to starting the Accelerator, you will be allowed to apply for the programme.
- Teams can be made up of 1–6 people.
Timeline
Friday, 9th September: Applications open
Friday 7th October: Applications close
Early October : Successful applicants announced
End of October: Encode x Algorand Accelerator begins
Early December: Encode x Algorand Accelerator ends
Questions
If you have any questions, please email: general@encode.club
