DeFi Base Camp: Apply for Cohort 2
What is DeFi Base Camp and what does it offer?
A collaboration between New Order and Outlier Ventures, DeFi Base Camp is a startup accelerator program targeting the next generation of builders.
The program is fully remote and lasts three months. Upon admission it offers up to $100,000 in funding with optional follow-on investments of up to $250,000 per team. Other benefits of the program include:
- Access to our leading DeFi mentor and investor network
- An optional interest-free loan
- Help with token design
- Fundraising support and feedback
- Business planning
- Pitch practice
- Legal support
- Marketing support
Since our launch eight months ago, New Order has incubated and launched projects across different verticals. Some notable efforts include Redacted, H2O, Y2K Finance, and more. In that time, we’ve developed an extensive network of crypto-native builders and experts. By partnering with Outlier Ventures, we are leveraging their experience from accelerating 120+ startups and raising a combined $200m+ across their portfolio.
Our first DeFi Base Camp concluded in early July with the graduation of six projects: Obey, Sumeria, IdentDeFi, Kima, Bright Union, and LazyTrade. These six teams were selected out of over 290 applicants, and raised a combined $3m in just under 12 weeks. More info on Cohort 1 here.
What makes DeFi Base Camp different?
At its core, DeFi Base Camp takes a hands-on approach so we can build alongside founders. This allows us to provide direct support across all areas critical to the success of early DeFi projects.
For three months, we deploy dedicated teams to act as co-founders to Base Camp projects. This ensures optimal product refinement, legal structuring, token model design, fundraising, liquidity sourcing, industry connections, and more.
Our Thesis
The program is scheduled for late September, and is catered to early stage teams (pre-seed and seed) that fit into the following six categories:
Innovative approaches to improve DeFi infrastructure
- Taking advantage of unique opportunities on L2s, modular blockchains, and data availability layers
- Tooling for project makers
- Machine learning driven decision making smart contracts
- MEV, flashbots, front-running gamification: e.g. time-lock puzzles with Zero Knowledge Proof to eliminate front-running
Cross-chain interoperability, security, and liquidity
- High security, low cost, and fast cross chain messaging & liquidity transfer
- Multi-chain enabled developer tools: Inter-chain efficient liquidity utilization, coherent application logic, and shared states
Market neutral DeFi
- The use case should stand in both bear and bull markets; using a responsible approach
- Token values are not driven by excessive yield but real use cases
- The use cases should responsibly unlock capital efficiencies for both on-chain and off-chain assets
Sustainable DeFi
- Revenue generation / cash flow
- Decentralized local financial traditions in emerging markets
- Overleverage prevention
- Financial modelling to improve protocol risk management
- Improved security: more secure implementation of existing protocols
- Liquidity management: data intelligence based liquidity management
MetaFi applications: applying DeFi to the Open Metaverse with a focus on token utility
- Cultural derivatives such as fashion and music derivatives
- NFT utility driven use cases including social
- Projects composable with others
Projects exploring the interaction between CeFi or TradFi <> DeFi on-chain
- Permissioned/institution facing DeFi interfaces
- KYCed/Permissioned NFTs
- Permissioned liquidity pools
Get Started
What is New Order?
If decentralized finance is going to displace the financial rails of old, it needs builders. That’s why we launched New Order.
New Order is a community-led incubation DAO that builds startups at the frontier of decentralized finance. We incubate and launch projects while also accelerating early-stage DeFi protocols.
