The Bitcoin Frontier Fund Launches Ordinals Accelerator Program
The Bitcoin Frontier Fund, formerly known as Stacks Ventures, has announced an accelerator program focused on Ordinals, a Bitcoin-based protocol that allows for the creation of NFT-like assets. Led by Trevor Owens, the Fund plans to award startups with mentorship opportunities and $100,000 seed investments. The program aims to foster growth and innovation around Ordinals and associated creations.
Key Points:
– Ordinals have revolutionized what can be possible with Bitcoin.
– The Fund will be investing in infrastructure, DeFi, dev tools, proven Web3 use cases, and enabling technologies.
– Building in the bear market presents opportunities for new unicorns to emerge.
– The organization is backed by Trust Machines, Hiro, the Stacks Foundation, and Stacks co-founder Muneeb Ali.
– The accelerator program will last four months for each accepted company and provide preparation for fundraising.
Hot Take
The launch of the Ordinals Accelerator Program by the Bitcoin Frontier Fund demonstrates the growing potential of Ordinals and its impact on the Bitcoin ecosystem. By providing support and funding to startups focused on Ordinals, the Fund is fostering innovation and furthering the conversation surrounding Bitcoin and Web3. This program presents an exciting opportunity for entrepreneurs in the crypto space to explore the possibilities of NFT-like assets on Bitcoin and contribute to the growth of the industry.
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