{"id":11232,"date":"2022-11-04T00:54:46","date_gmt":"2022-11-04T04:54:46","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=11232"},"modified":"2022-11-04T00:54:46","modified_gmt":"2022-11-04T04:54:46","slug":"lightning-speed-accelerators-and-incubators-focus-their-sights-on-bitcoin","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2022\/11\/04\/lightning-speed-accelerators-and-incubators-focus-their-sights-on-bitcoin\/","title":{"rendered":"Lightning Speed: Accelerators And Incubators Focus Their Sights On Bitcoin"},"content":{"rendered":"<p>You know what incubators and accelerators mean: interest. They say that bear markets are for builders, and the bitcoin ecosystem seems to be getting ready to work. One of the main catalysts is the success of the Lightning Network. The little engine that could went from being constantly mocked to being a key element in the El Salvador story. Nowadays, the Lightning Network is the bitcoin ecosystem\u2019s absolute star and one of the reasons money is pouring in.<\/p>\n<p>The three accelerators and incubators that this article will consider couldn\u2019t be more different from each other, but they share the bitcoin-only ethos. And an unhealthy interest in the Lightning Network. From a Jack Dorsey-funded initiative, to a corporate ultra-deluxe opportunity, to a bunch of technically minded individuals that opened their doors in the name of bitcoin. Pick your poison, there\u2019s probably an accelerator for you here.\u00a0<\/p>\n<h2>The TBD Open-Source Incubation Program<\/h2>\n<p>The Jack Dorsey-funded organization that\u2019s working in the decentralized bitcoin exchange TBDex can probably help your bitcoin project. They recently announced <a href=\"https:\/\/developer.tbd.website\/blog\/announcing-the-incubation-program\/\">the TBD Open Source Incubation Program<\/a>, but there\u2019s not much practical info on it yet. \u201cTBD Incubation projects are managed by community contributors. They advance the decentralized web and accelerate development and adoption of the Web5 platform,\u201d the company wrote.<\/p>\n<p>They did specify that the program was focused on Open-Source projects and said that TBD will \u201csoon be announcing our first Incubation project!\u201d The announcement also promised that \u201cwhen projects reach maturity, they may apply to be promoted out of Incubation into a central project,\u201d so the TBD program might turn into an accelerator over time.<\/p>\n\n<p>BTC price chart for 11\/03\/2022 on Bitstamp | Source: BTC\/USD on <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">TradingView.com<\/a><\/p>\n<h2>The Wolf Startup Accelerators Focused Exclusively On Lightning<\/h2>\n<p>This is <a href=\"https:\/\/wolfnyc.com\/the-program\">the corporate one<\/a>. This is the deluxe one. It\u2019s run by \u201cStone Ridge, owner of an alternatives asset manager that has raised more than $40B since inception and parent of bitcoin company NYDIG.\u201d Among other things, they offer, \u201ctransportation to NYC and lodging for the duration of the 8-week program are included from anywhere in the world.\u201d The program is exclusively focused on the Lightning Network.\u201cWolf accepts applications from individual founders and small teams at the pre-seed idea stage up through those ready for a Series A financing round.\u201d<\/p>\n<p>Introducing Wolf: The first startup accelerator focused exclusively on lightning . Learn more or apply at <a href=\"https:\/\/t.co\/MC9fJATOt4\">https:\/\/t.co\/MC9fJATOt4<\/a>  <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Lightning?src=hash&amp;ref_src=twsrc%5Etfw\">#Lightning<\/a> <a href=\"https:\/\/t.co\/2vQ7SoMheI\">pic.twitter.com\/2vQ7SoMheI<\/a><\/p>\n<p>\u2014  Wolf  (@_WolfNYC) <a href=\"https:\/\/twitter.com\/_WolfNYC\/status\/1585270385934753792?ref_src=twsrc%5Etfw\">October 26, 2022<\/a><\/p>\n\n<p>The investments are also deluxe, selected developers get a $250K guaranteed seed funding, so they can focus all of their attention on the project. Also, \u201cat the end of each program, one team will be chosen by a panel of judges to receive an additional $500K in funding.\u201d That, plus all the knowledge you and your team can collect in those eight weeks.<\/p>\n<h2>The Pleb Lab Co-Working\/ Accelerators<\/h2>\n<p>In contrast, <a href=\"https:\/\/www.pleblab.com\/we-help-early-stage-startups-focused-on-bitcoin-and-the-lightning-network-get-funding\/\">Pleb Lab is<\/a> \u201ca co-working \/ accelerator in Austin, Texas at the heart of the financial district. We support outstanding projects and teams in several ways.\u201d They are bitcoin-only, with a focus on \u201cthe Lightning Network \u2013 an essential step towards decentralized finance.\u201d Their other focus is free and open-source development, \u201cthe FOSS ethos is at the center of what we do here at Pleb Lab.\u201d<\/p>\n<p>What does the Pleb Lab accelerator do, exactly?<\/p>\n<p>\u201cWorking directly with Bitcoin &amp; Lightning startups\u201d<\/p>\n<p>\u201cGranting workspace among other brilliant Bitcoin developers at Pleb Lab\u201d<\/p>\n<p>\u201cProviding startup advisory and mentoring\u201d<\/p>\n<p>\u201cProviding business development, marketing and strategy\u201d<\/p>\n<p>The Austin bitcoin scene is growing by the minute, and Pleb Lab is right there in the middle of it. Apparently, one of its best characteristics is to be in the same room with other bitcoin developers trying to solve similar problems to yours. As you might imagine, they all help each other. This one is not a competition and there are no obvious prizes.<\/p>\n<p>Featured Image: Pleb Lab logo <a href=\"https:\/\/www.pleblab.com\/tag\/reach_out\/\">from their website<\/a> | Charts by <a href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>You know what incubators and accelerators mean: interest. They say that bear markets are for builders, and the bitcoin ecosystem seems to be getting ready to work. One of the main catalysts is the success of the Lightning Network. The little engine that could went from being constantly mocked to being a key element in the El Salvador story. Nowadays, the Lightning Network is the bitcoin ecosystem\u2019s absolute star and one of the reasons money is pouring in.<\/p>\n<p>The three accelerators and incubators that this article will consider couldn\u2019t be more different from each other, but they share the bitcoin-only ethos. And an unhealthy interest in the Lightning Network. From a Jack Dorsey-funded initiative, to a corporate ultra-deluxe opportunity, to a bunch of technically minded individuals that opened their doors in the name of bitcoin. Pick your poison, there\u2019s probably an accelerator for you here.\u00a0<\/p>\n<h2>The TBD Open-Source Incubation Program<\/h2>\n<p>The Jack Dorsey-funded organization that\u2019s working in the decentralized bitcoin exchange TBDex can probably help your bitcoin project. They recently announced <a href=\"https:\/\/developer.tbd.website\/blog\/announcing-the-incubation-program\/\">the TBD Open Source Incubation Program<\/a>, but there\u2019s not much practical info on it yet. \u201cTBD Incubation projects are managed by community contributors. They advance the decentralized web and accelerate development and adoption of the Web5 platform,\u201d the company wrote.<\/p>\n<p>They did specify that the program was focused on Open-Source projects and said that TBD will \u201csoon be announcing our first Incubation project!\u201d The announcement also promised that \u201cwhen projects reach maturity, they may apply to be promoted out of Incubation into a central project,\u201d so the TBD program might turn into an accelerator over time.<\/p>\n<p>BTC price chart for 11\/03\/2022 on Bitstamp | Source: BTC\/USD on <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">TradingView.com<\/a><\/p>\n<h2>The Wolf Startup Accelerators Focused Exclusively On Lightning<\/h2>\n<p>This is <a href=\"https:\/\/wolfnyc.com\/the-program\">the corporate one<\/a>. This is the deluxe one. It\u2019s run by \u201cStone Ridge, owner of an alternatives asset manager that has raised more than $40B since inception and parent of bitcoin company NYDIG.\u201d Among other things, they offer, \u201ctransportation to NYC and lodging for the duration of the 8-week program are included from anywhere in the world.\u201d The program is exclusively focused on the Lightning Network.\u201cWolf accepts applications from individual founders and small teams at the pre-seed idea stage up through those ready for a Series A financing round.\u201d<\/p>\n<p>Introducing Wolf: The first startup accelerator focused exclusively on lightning . Learn more or apply at <a href=\"https:\/\/t.co\/MC9fJATOt4\">https:\/\/t.co\/MC9fJATOt4<\/a>  <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Lightning?src=hash&amp;ref_src=twsrc%5Etfw\">#Lightning<\/a> <a href=\"https:\/\/t.co\/2vQ7SoMheI\">pic.twitter.com\/2vQ7SoMheI<\/a><\/p>\n<p>\u2014  Wolf  (@_WolfNYC) <a href=\"https:\/\/twitter.com\/_WolfNYC\/status\/1585270385934753792?ref_src=twsrc%5Etfw\">October 26, 2022<\/a><\/p>\n<p>The investments are also deluxe, selected developers get a $250K guaranteed seed funding, so they can focus all of their attention on the project. Also, \u201cat the end of each program, one team will be chosen by a panel of judges to receive an additional $500K in funding.\u201d That, plus all the knowledge you and your team can collect in those eight weeks.<\/p>\n<h2>The Pleb Lab Co-Working\/ Accelerators<\/h2>\n<p>In contrast, <a href=\"https:\/\/www.pleblab.com\/we-help-early-stage-startups-focused-on-bitcoin-and-the-lightning-network-get-funding\/\">Pleb Lab is<\/a> \u201ca co-working \/ accelerator in Austin, Texas at the heart of the financial district. We support outstanding projects and teams in several ways.\u201d They are bitcoin-only, with a focus on \u201cthe Lightning Network \u2013 an essential step towards decentralized finance.\u201d Their other focus is free and open-source development, \u201cthe FOSS ethos is at the center of what we do here at Pleb Lab.\u201d<\/p>\n<p>What does the Pleb Lab accelerator do, exactly?<\/p>\n<p>\u201cWorking directly with Bitcoin &amp; Lightning startups\u201d<\/p>\n<p>\u201cGranting workspace among other brilliant Bitcoin developers at Pleb Lab\u201d<\/p>\n<p>\u201cProviding startup advisory and mentoring\u201d<\/p>\n<p>\u201cProviding business development, marketing and strategy\u201d<\/p>\n<p>The Austin bitcoin scene is growing by the minute, and Pleb Lab is right there in the middle of it. Apparently, one of its best characteristics is to be in the same room with other bitcoin developers trying to solve similar problems to yours. As you might imagine, they all help each other. This one is not a competition and there are no obvious prizes.<\/p>\n<p>Featured Image: Pleb Lab logo <a href=\"https:\/\/www.pleblab.com\/tag\/reach_out\/\">from their website<\/a> | Charts by <a href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-11232","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/11232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=11232"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/11232\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=11232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=11232"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=11232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}