Multiplayer Fellowship offers fully on-chain gaming startups $50k investment and mentorship
Web3 enterprise fund Press Begin Capital and web3 gaming funding agency Sanctor Capital, have introduced the opening of functions for the Multiplayer Fellowship, specializing in absolutely on-chain video games (FOCG).
Startups are invited to use for the 8-week pre-accelerator program, which presents a $50K SAFE/SAFT funding, mentorship from high minds within the business, and a community of like-minded entrepreneurs.
Han Kao, CEO of Sanctor Capital stated, “absolutely on-chain video games symbolize the bleeding fringe of gaming innovation, and have the very best probability to unlock the complete potential web3 applied sciences supply to the business.”
This system doesn’t cost founders an upfront program or advisory charge and supplies free US firm incorporation.
Early-stage founders usually face a “valley of demise” between the hackathon stage and acceptance into a number one accelerator program. The Multiplayer Fellowship goals to assist startups overcome these challenges and create foundations for profitable companies.
Press Begin Capital pioneered the pre-accelerator strategy throughout the 2022 bear market. Half of their graduates went on to lift funds and/or be part of high accelerator packages, together with Alliance DAO, a16z Crypto Startup Faculty & SPEEDRUN, Binance Labs, and Y Combinator.
Since its inception in 2021, Sanctor Capital has centered on backing missionary founders. Greater than half of the graduates from their Turbo program have launched profitable merchandise, with one firm being acquired by eBay. Sanctor Capital has backed over 60 early-stage groups by means of its enterprise arm.
Purposes for the FOCG cohort at the moment are open and will likely be reviewed on a rolling foundation. Submit your utility at this time, and take step one in direction of receiving a $50K funding, professional mentorship, and the assist it’s essential to deliver your concepts to life. The organizers decide to offering customized suggestions to every applicant to keep away from the frustration of being ghosted after submitting an utility.
