Outlier Ventures & peaq Launch DePIN Base Camp Accelerator for Web3 Founders

Outlier Ventures, a worldwide chief in Web3 acceleration, has partnered with peaq to introduce the DePIN Base Camp accelerator program. Designed to nurture early-stage Web3 founders throughout all blockchain platforms, the initiative goals to empower startups creating purposes, merchandise, and protocols leveraging digital networks, decentralized infrastructures, and knowledge providers.

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This system is scheduled to kick off in Could 2024. Spanning a length of 12 weeks, the digital accelerator program guarantees workshops led by trade specialists from Outlier Ventures and peaq, together with mentorship alternatives and potential investments of as much as $200,000 USD for collaborating groups.

The DePIN Base Camp seeks to help startups venturing into decentralized bodily infrastructure networks (DePINs), which make the most of tokens to crowdfund real-world infrastructure like sensible sensors and web entry factors.

As this system targets founders constructing on varied blockchains, members will even have entry to peaq’s DePIN-focused layer-1 blockchain and its Modular DePIN Capabilities, together with the sister community, krest. This momentum and the promise of a tectonic shift presents an opportune second additional outlined in Outlier Ventures’ thesis right here.

In keeping with Benjamin Meyer, Chief Product Officer at Outlier Ventures, “DePIN is breaking new floor, extending its attain from digital assets into knowledge/ IoT and social platforms because it turns into extra broadly adopted.”
“We’re actually excited to be collaborating with peaq to launch the DePIN Base Camp Accelerator program, bringing our collective experience to help founders constructing scalable ventures and addressing real-world wants.”

Benjamin Meyer, Chief Product Officer, Outlier Ventures
The DePIN Base Camp will convey collectively a gaggle of Web3 startups who’re targeted on unlocking the total potential of DePINs. The accelerator’s purpose is to arm promising DePIN tasks with all of the know-how and help they should present a Web3 different to the incumbents in real-world industries, from knowledge assortment to distributed computation, connectivity, and extra.

Whereas this system is open to founders constructing throughout all blockchains, collaborating startups will even have the chance to leverage peaq’s DePIN-focused layer-1 blockchain, its Modular DePIN Capabilities and its sister community krest.

Professional Steering for Web3 Innovators

All through the length of this system, Outlier Ventures and peaq’s workforce of in-house specialists will present bespoke help customised to every startup’s wants, supporting groups throughout segments together with, however not restricted to knowledge networks, decentralized digital infrastructure networks, knowledge/(Web of Issues (IoT) and repair networks and Infrastructure and tooling, AI-enabled UX and decentralized AI fashions.

The founding workforce behind peaq, who’ve been engaged on what’s now often known as DePINs since 2017, will even present its experience in varied facets of constructing and working a DePIN, from structure to core enterprise mannequin and incentive mechanism.
“DePIN is essentially the most thrilling Web3 sector. It’s what everybody’s been ready for — real-world use.”

Max Thake, Co-founder of peaq
“Blockchain-based purposes that anybody can use and wish to use,” Max Thake, co-founder of peaq. “It’s promising to see well-respected, forward-thinking Web3 buyers in Outlier Ventures acknowledge its potential so early on.

We’re thrilled to be collaborating on this, serving to launch tasks that may have an enormous, tangible, optimistic real-world affect not lengthy from now. peaq was purpose-built to energy DePINs, so we’re trying ahead to offering the absolute best community for the following technology of visionary DePIN founders.”

Purposes for the DePIN Base Camp program at the moment are open and can shut in April 2024, with this system set to start in Could 2024. For additional particulars and software, go to: DePIN Base Camp

Discover Outlier Ventures’ different accelerator packages right here:

Bitcoin Base Camp Cohort: Uncover the 9 groups shaping the way forward for Bitcoin at hyperlink.
Futureverse Base Camp Accelerator Program: Be taught concerning the inaugural cohort driving innovation in Futureverse at hyperlink.

Moreover, delve into our success story highlight that includes V.artwork, simplifying licensing for all, accessible at hyperlink.

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About Outlier Ventures

Based in 2014 by Jamie Burke, Outlier Ventures is a number one international Web3 accelerator, famend for its experience in supporting Web3 founders, buyers, and companions. With a various portfolio of over 300 startups throughout its accelerator packages, Outlier Ventures has facilitated seed funding of over $350 million.

About peaq

peaq is a layer-1 blockchain targeted on real-world purposes, empowering the creation of Decentralized Bodily Infrastructure Networks (DePINs). By facilitating the mixing of robots, autos, and linked gadgets as real-world property, peaq goals to democratize abundance within the age of AI-driven automation.

For extra data on peaq, observe their updates on Twitter and be a part of the dialog on Discord.