NEAR Horizon, an early stage accelerator for Web3 founders, is making waves on the BOS with new projects and contributors joining the platform every day. As the user base grows, so does Horizon’s commitment to delivering vital content founders when they need it. 

NEAR is an open-source, decentralized blockchain protocol that is designed to be scalable, developer-friendly, and able to support a wide range of decentralized applications (dApps) and smart contracts. NEAR is also the Blockchain Operating System (BOS) — a Web3 stack that integrates experiences from across the Open Web streamlining the discovery and onboarding experience for users and developers alike.

As an early stage accelerator for the open web, NEAR Horizon is revolutionizing how founders and builders find support in Web3. Users can build and scale great projects alongside a thriving community, while tapping into a robust backer network and diverse supporting resources. To list your project on the NEAR Horizon platform, visit near.org/horizon

Create content for Horizon

To help cater to the unique needs of these projects, Horizon has announced a Request for Content Proposals

Web3 founders at any stage of launching their startups can find essential resources through the Horizon app. These resources need to stay current and provide meaningful guidance to readers. 

Requested content includes templates for offer letters, Product Market fit guides, explanations of the Web3 regulatory landscape, and Web3 business fundamentals — like what to know before launching a token. 

The main criteria for new content are:

  1. Submissions should add something new to the existing collection. Please review existing content before submitting. Submissions that are too similar to existing content will be rejected. Please review the following before submitting:
    1. Wiki
    2. Horizon Learning Page
  2. English Language
  3. In-depth how-to guidance  

All of the topics described above are extremely complex but critical for early-stage Web3 startups to understand. Horizon is seeking strong content creators and writers who have deep expertise in a relevant area to create asynchronous resources that engage and educate early stage Web3 founders. These resources should be geared towards people who are new to starting Web3 businesses.

To submit a proposal, please review the Request for Content Proposals document, which contains a link to the submission form.

Important dates for NEAR Horizon Content Creators

NEAR Foundation will be assessing proposals based on the requirements outlined in open call. Content Creators are expected to submit their proposals by June 30, 2023. The NEAR Foundation review team will be conducting interviews with selected candidates between July 3rd – 15th. 

The review team will shortlist proposals between July 16th-28th and will communicate further with the selected parties. Final approval will be provided by the NEAR Foundation Counsel. 

NEAR Foundation Commitments

NEAR Foundation commits to providing access to NEAR ecosystem teams for the selected product partner(s) as “preferred partners.” This will mean that the selected partner(s) are vetted and approved by the NEAR Foundation, and should lead to an increase in the number of projects that are interested in retaining the partner(s)’ services.  

Though there have been recent signs of crypto winter thawing, developers have continued to make the most of the current builder’s market. NEAR, in particular, has seen significant growth in new projects and increased adoption over the past year.  

NEAR’s expansion is due in part to some significant upgrades and announcements from its core team. Most recently, NEAR announced its transition to a Blockchain Operating System (BOS), an industry first that further establishes NEAR as the direct entry point into Web3. With the BOS, NEAR is no longer just a Layer 1 — it’s the OS for an open web, free from the centralized platforms of Web2. 

During the announcement, NEAR co-founder Illia Polosukhin signaled that the transition to the BOS was just the beginning of what’s to come for NEAR. With Consensus in full swing, and NEAR’s presence at the conference, many Web3 enthusiasts and NEAR community members anticipate more exciting announcements and were not disappointed. 

At Consensus, NEAR Foundation announced NEAR Horizon, an accelerator revolutionizing how founders are supported in Web3. Made possible through partnerships with Dragonfly, Pantera, Lyric, Fabric Ventures, Decasonic, Hashed, and others, NEAR Horizon will enable founding teams to scale their projects with a wide range of support. This support will, in turn, enable the rapid growth of great products with real-world value in the NEAR ecosystem.

A revolutionary accelerator for Web3 startups

NEAR Horizon is an exciting opportunity for founder teams looking to build their startups on the BOS. Startups can interact with NEAR Horizon through a double-sided marketplace application that connects founders to each other, and to the people and organizations who are best able to accelerate their growth. 

At launch, the marketplace will include over 15 service providers, 40 mentors, and over 300 backers. Founders in the NEAR ecosystem will have direct self-service access to NEAR Horizon, allowing them to make the connections and generate the resources that will help them succeed. In addition to these immediate resources, founders can apply for credits that cover service costs in critical development areas including marketing, legal, back-office finance, product, and infrastructure. 

https://www.youtube.com/watch?v=Fyl1Hlo-rM0

For founders looking for additional support and guidance throughout their Horizon journey, the platform will also be equipped with programs facilitated through a NEAR Foundation partner, providing mentorship, business resources, and a direct line to startup capital. These programs are available through a wide range of industry leading groups including Antler, Brinc, FabricX, CV Labs, Blockchain Founders Group, among others. Regardless of the path founders choose to take, NEAR Horizon will provide them with the support they need when they need it most to accelerate the growth of their Web3 projects built on NEAR.

As crypto winter’s thawing hopefully promises the arrival of a crypto spring, NEAR is continuing to build momentum with both founders and investors in the Web3 community. With higher transaction speeds than Ethereum, a strong commitment to its ecosystem, and an industry-first Blockchain Operating System, NEAR has created a direct path toward success for founders. 

Interested in getting involved? Over the next couple of months, the NEAR Foundation will be onboarding projects and founders to NEAR Horizon. If you don’t want to miss the introductions, advice, capital, or hires that come from the marketplace, reach out and get involved today:

The NEAR blockchain is an open-source, decentralized blockchain protocol that is designed to be scalable, developer-friendly, and able to support a wide range of decentralized applications (dApps) and smart contracts. NEAR has built the Blockchain Operating System (BOS), a Web3 stack to integrate experiences from across the Open Web and streamline the discovery and onboarding experience for users and developers alike.

NEAR Foundation has committed over $90M in capital to ecosystem growth, and the NEAR ecosystem grew from 0 to over 1,000 teams. One of the central lessons learned during this time is that founding teams need a host of contributors — beyond investment — in order to be successful. 

Partner with NEAR Foundation for Accelerator program

NEAR Foundation recently announced Updates to Decentralized Funding, Development DAO, and the Accelerator, and released an Open Call for NEAR Accelerator Partners. To further assist founders and startups, the NEAR Foundation is looking to partner with existing products, experts, and services to support teams participating in NEAR Accelerator programs in a variety of different functions:

NEAR Foundation will offer service credits to teams participating in the accelerator program to use partner services to help them accomplish their vision. The ultimate goal is for founding teams to create great products and run successful fundraising campaigns, while also increasing revenue and market share for other stakeholders interacting with the product such as our service partners. NEAR Foundation commits to providing access to NEAR ecosystem teams for the selected service partner(s) as “preferred partners.” This will mean that the selected partner(s) are vetted and approved by the NEAR Foundation, and should lead to an increase in the number of projects that are interested in using the partner(s)’ product / services. 

Important dates for NEAR accelerator service partners

We will be assessing proposals based on the requirements outlined in each of the function-specific service partner open calls. Service partners are expected to submit their proposals by Apr 23, 2023. The NEAR Foundation review team will be conducting interviews with selected candidates between May 13-17. The review team will shortlist the service partners between May 20-23 and will communicate further with the selected parties. Final approval will be provided by the NEAR Foundation Counsel. 

NEAR Foundation is excited to announce a new partnership with Startup Wise Guys — Europe’s biggest startup accelerator, which has empowered over 350 projects across the world. Together with SWG, the Foundation will bring  20 winning projects from the MetaBUILD III hackathon into an 8-week pre-acceleration program to grow and prepare these new teams to bring their first product iteration to market.

The partnership’s goal is to bring great new products to life in Web3.  After the hack, NEAR Foundation and Startup Wise Guys will prepare all projects to join accelerators, make their first raise, and launch to market. 

Startup Wise Guys’ Pre-Acceleration Program for MetaBUILD

Let’s go over the program. For this occasion, we’ll be running an 8-week program with Startup Wise Guys, covering everything from finding your project’s mission, to setting up team structure, finance, and communication programs for your brand.


Each week covers a specific topic, and will feature both recorded and live events as well as exercises for the projects to take on! 

Each week, all teams will progress to fleshing out their new project’s company setup, brand, and prepare to launch to market. Throughout the program, Startup Wise Guys and NEAR will aid projects with 1-1 mentorships (invited from the ecosystem and from Startup Wise Guys’ network), pitch training and drills, Q&As, and a folder of ready-to-use learning materials.

Onboarding of all projects into the program, and setting expectations for all upcoming weeks and events.

Structuring each project’s journey. How to find a mission and vision for your project long term.

Crafting your project’s pitch and problem-to-be-solved to define your selling points.

Planning the product’s development, and identifying key differentiators to give it unique aspects in the market.

Crisis-handling in companies, and pace. How to maintain your team’s rhythm.

Sales, marketing, and branding for early startups and projects. How to define your vector for gaining traction in the world.

Company communications and finance preparations. How to define your key metrics of success, and prepare a structure to present to investors, as well as how to seek and select the right ones.

How to register your business, understanding your basic legal structure and needs to get started as a company. Also, going over any regulatory requirements like GDPR, and Intellectual Property, as well as minimizing legal needs.

Final day! Graduated projects who completed the program will present their project’s revamped pitches and go out to the world.

Come Hack, and Build On!

NEAR Foundation can’t wait to see the new exciting projects that will be born from MetaBUILD, and is excited about this new partnership with Startup Wise Guys in 2023. 

The Foundation will share all progress along the way as we finalize the submission phase of MetaBUILD and move onto judging. So stay tuned and follow all updates on Twitter!

The NEAR blockchain is an open-source, decentralized blockchain protocol designed to be scalable, developer-friendly, and able to support a wide range of decentralized applications (dApps) and smart contracts.

The NEAR Foundation is the non-profit organization behind the NEAR blockchain, responsible for the development and maintenance of the NEAR Protocol and its associated ecosystem. Since the inception of the grants program, the NEAR Foundation has committed over $90m capital and the ecosystem grew from 0 to over 1,000 teams. 

One of the central lessons learned during this time is that founding teams need a host of contributors in order to be successful, including mentors/advisors, subject matter specific resources (e.g. legal playbooks, go-to-market strategies, tokenomics, etc), and access to investment opportunities. 

NEAR Foundation is looking to partner with existing acceleration programs in two ways:

  1. Leverage the partner’s excellence and experience in running cohort-based acceleration programs. 
  2. Beta test and help build a digital product being developed by NEAR that connects projects with contributors (including investors).
  3. If you’re interested in becoming a NEAR Accelerator Partner, please read the requirements below. Proposals must be submitted via Google Form by February 17th.

*If you’re a startup looking for accelerator programs, NEAR Foundation is looking to engage with the best partners out there. Register your interest in the NEAR Accelerator here.

NEAR Foundation’s Goal 

Attract the most talented early stage teams to NEAR and provide them with the right tools, knowledge, and network to successfully raise external funds at a later stage. 

Success metrics

  1. Quality of founder experience, as measured by an NPS score.
  2. Ability for founders that have graduated from the accelerator(s) to raise their first or next round within a year of graduation.

Requirements

NEAR Foundation will be assessing proposals based on the two dimensions explained below: the Accelerator Partner Requirements and the Digital Product Beta Participation Requirements. 

Accelerator Partner Requirements

  1. Strong sourcing capabilities in the areas of our investment thesis

NEAR Foundation believes in selecting teams building projects with real world, utility-based use cases that tap into the existing pools of Web2 users and companies. They must leverage Web3 in novel ways to solve real world problems better than Web2 tech is able to. The Foundation will not be focused on specific verticals, and instead be relatively opportunistic in terms of use case (at least in the first few cohorts). DeFi and Gaming verticals would be excluded from the accelerator purview.

The Foundation is focused on pre-seed and seed stage teams. We expect that teams selected for a NEAR sponsored cohort will build on NEAR and leverage NEAR Discovery. More information on NEAR Discovery here

In your response, please detail the following:

  1. Web3 accelerator program scope 

As NEAR Foundation aims to attract the best teams, we want our accelerator partner to provide a top class experience and focus on the main challenges that Web3 startups face nowadays, including but not limited to: go-to-market, token economy and launches, fundraising and pitching, marketing and comms, governance, legal, etc. This will be supplemented by the support of experts within the NEAR ecosystem. 

In your response, please detail the following:

  1. Track record of success

NEAR Foundation seeks accelerator partners that have a strong track record of success. In your response, please detail the following:

  1. Attractive deal terms

One of the most important factors in attracting high quality founders to the accelerator will be the quality of the investment terms. 

In your response, please detail the following:

  1. Cost & investment

NEAR Foundation is open to various proposals in terms of costs and investments. Where we land will largely depend on the proposed value to NEAR and its ecosystem. 

For NEAR specific cohorts, the Foundation’s goal is for both NEAR and the Accelerator Partner to share operational cost and investment opportunity. 

For chain agnostic cohorts, we would be willing to provide direct technical and non-technical support from the NEAR Foundation Accelerator’s team for startups who choose NEAR as their Layer 1. 

In your response, please detail the following:

  1. Broader NEAR ecosystem support

NEAR Foundation would like its ecosystem of startups to leverage the partner capabilities even though they are not actively participating in the accelerator (e.g., share ready-made class material, leverage investor network, connections to enterprise, etc.).

In your response, please detail the following:

Digital Product Beta Participation Requirements

In 2023, Pagoda, NEAR Foundation and other key ecosystem participants are increasing the integration and seamless experience for developers and end users into one common operating system that will leverage fast onboarding experience, user profiles, new chat/ social capabilities, and more. As part of this platform, the Foundation is building a founder-focused application that will be the place for both NEAR-native and non-NEAR-native projects to be discovered, find contributors and investors, and grow towards their goals. We would like to invite accelerator partners in as beta customers and builders for this application.

If your organization is both an investment team and an accelerator:

If your organization is solely an accelerator:

In your response, please detail the following:

NEAR Foundation Commitments

NEAR Foundation is committed to complement the partner’s current programs with ecosystem support (technical and non-technical). 

Selection criteria and timelines

NEAR Foundation will be assessing proposals based on the previously mentioned requirements. Acceleration partners are expected to submit their proposals by February 17, 2023 via Google Form. The NEAR Foundation review team will be conducting interviews with selected candidates between February 13-24. The review team will shortlist the partners between February 27-28 and will communicate further with the selected parties. Final approval will be provided by the NEAR Foundation Counsel. 

Legal Disclosure: 

Participation in our accelerator partners program is subject to the following terms and conditions: (1) Confidentiality: Participants will be required to keep all information and materials shared by the program confidential, unless otherwise agreed to in writing or as required by law. (2) Intellectual Property: All intellectual property created or developed by a participant during the program will remain the property of the participant, unless otherwise agreed to in writing by the participant. (3) Disclaimer of Liability: The program will not be liable for any damages arising out of or in connection with the program or the participation of any participant. (4) Governing Law: These terms and conditions will be governed by and construed in accordance with the laws of Switzerland. By participating in the program, participants agree to be bound by these terms and conditions.

Newsletter

Powered by NEARWEEK. No spam. Unsubscribe at any time.