Frequently Asked Questions
What is The Goal of OWC?
Starting a company is hard. And worse, decentralized app (dApp) development and adoption are even harder, with many barriers — technological, legal, and regulatory — what it means to be a founder in crypto is mystifying, ever-changing, and nascent. The goal of OWC is to make the journey in joining the blockchain revolution easier for promising founders.
What is The Difference Between The OWC Community and The Accelerator?
Founders can join our community and/or accelerator. Our community gives promising founders the resources of an accelerator without the fixed application periods, short-lived connections, and resources. It’s not unusual that startups we work with find their first customers or partners within our community.
Our accelerator focuses on intense hands-on work over 12 weeks to validate/invalidate ideas and business decisions, define and grow KPIs, develop a product-market fit, and raise capital.
Who Should Apply to OWC?
We look for teams in the pre-seed or seed-stage — you have a startup with a few users, or you're early in your entrepreneurial journey and recently launched a prototype.
How Do You Assess Candidates For The Accelerator?
We accept applications based on the team, market, progress, and idea. The best things you can do to strengthen your application are:
Round out your team with business, technical, and other necessary skills
Make quantifiable progress on your prototype or product
Demonstrate early traction or provide data points on your core assumptions
Demonstrate a market-first approach to entrepreneurship
What Are The Benefits of The Accelerator?
A global network of Web 3.0 founders
VC and industry mentors (Regular 1:1 Meetings)
Demo Day with top VCs in Silicon Valley
Customized Programming & Curriculum
Partner Support: office hours, workshops and panels
Access to all our resources (community, deals & discounts, events)