Introducing Tachyon III — an Open Finance focused accelerator from Consensys Labs
Today, Consensys Labs is excited to announce the relaunch of Tachyon, our accelerator for startups utilizing blockchain and Web 3.0 technologies. The upcoming third cohort is dedicated to startups building more open, interoperable, and programmable financial systems and services. The 12-week program helps founders leverage Consensys’ global network of Web 3.0 and blockchain experts to rapidly validate and grow their businesses. Applications are open from August 1st — September 16th, 2019, kicking off off November 4th in New York City. Learn more and apply at the Tachyon website.
Four years ago this week, Ethereum went live.
Just months before that, in Brooklyn, NY, Joseph Lubin founded ConsenSys to support the ongoing development, growth, and opportunity of Ethereum. We’ve since incubated and invested in more than 100 projects and companies, including key pillars of the Ethereum ecosystem — Infura, Metamask, Truffle Suite, and Pegasys. We’ve sought to expand the ability of developers and businesses to utilize Ethereum, and slowly bend the curve of opportunity from technical progress toward real market potential.
As the Etherum ecosystem matures, we’re updating our methods to continue supporting the founders making the largest impact.
Introducing Tachyon III
Today we’re opening applications for Tachyon III, our redesigned accelerator program for founders building Open Finance tools and businesses via blockchain and Web 3.0 technology.
The basics
Tachyon III is a full-time, on-location program bringing 8–12 teams together in New York City from November 2019 through February 2020. Teams will be provided funding, office space, one on one mentorship, and programming around business and blockchain specific issues, culminating in an investor day and post-program fundraising support.
Redesigned for the fundamentals:
Thematic focus.
Tachyon III will bring together founders, mentors, and advisors with specific skills and experience in Open Finance. We believe progress will be accelerated when literally sitting beside leading technologists and subject-matter experts.
Intense, and in-person.
We heard and observed, time and again, that the greatest value we offered founders during Tachyon I & II was live, fully-attentive time together. Tachyon III will double down on that with a full-time, on-location program in Brooklyn, where founders, mentors and the program team will work closely, daily, to go further, faster.
Back to basics.
Blockchain development is quickly entering the phase where the barriers to great Web 3.0 applications are no longer technical, but entrepreneurial. As the novelty of the technology fades, our program balances the opportunity of the emerging paradigms and business models the technology allows, while maintaining the discipline to help founders focus on the core market, customer, and growth signals they need to become market-ready ventures.
Leveraging the Consensys Advantage:
What Consensys brings to Tachyon founders
A global network of Web 3.0 native experts and advisors.
Consensys is a Web 3.0 native company and community. Our founders, alumni, program mentors, and partners are rooted in the technical and business realities of blockchain ventures from years of experience. The Tachyon program leverages this expertise to help founders see around corners and under the hood of the new digital economy.
The tools and infrastructure for blockchain development.
The core tools and services for large-scale Ethereum development are part of the Consensys family. Whether it’s infrastructure, developer tools, smart contract auditing services, Web 3.0 bounty networks, or token management systems, we know, build, and use them daily.
Industry partnerships for access and perspective.
Our corporate partnerships and programs are core to the ongoing regulatory and enterprise perspectives on Ethereum and blockchain projects. Our founders benefit from an informed overview of the market and regulatory conditions that impact their businesses as they grow.
Open Finance
We believe the most substantial impact for Web 3.0 and blockchain technology will come from redefining the relationships between people and our financial systems. While still in its early stages, the Open Financial stack powers trust-minimized financial products for a global set of users. In the last two years alone, more than $482M has been locked into Open Finance smart contracts globally.
Tachyon III brings together founders working in this space to build decentralized financial networks and programmable, composable assets and services that will fundamentally reshape the global financial economy.
Calling Open Finance Founders
If you’re a founder or team building the infrastructure, tools, and applications that enable a more open financial system, we’d love to meet you.
We look forward to building with you,
The Tachyon team at Consensys Labs
