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More Web3 On Tezos: Entrepreneur First Launches Web3 Startup Platform For Tezos Blockchain Ecosystem

Today, Entrepreneur First, the world’s leading investor in founder talent, has announced the launch of a unique blockchain-focused company-building platform: Entrepreneur First Web3 on Tezos.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

Web3

Web3 should move the internet towards decentralization where big powerful companies lose ground and the users of applications and websites are the ones that determine policies and progress.

Web3 should bring better privacy, better transparency, enable data and content ownership, enable digital identities and incentivize decentralized development by providing financial incentives. A decentralized blockchain is a perfect basis for web3 applications.

Blockchains that function as smart contract platforms naturally allow the use of a native currency (XTZ in this case), utility tokens, and governance tokens to allow any form of financial incentive for users and devs to participate. This also allows funding rounds to kickstart and build the initial web3 application.

Last week, NFT platform H=N showcased Tezos’ web3 power by remaining unstoppable after the main website went down. It shows how web3 allows non-custodial ownership of assets/ NFT’s and how a website is nothing more than a front-end user interface of a set of smart contracts that interact with a decentralized blockchain.

Entrepreneur First

Today, Entrepreneur First, the world’s leading investor in founder talent, has announced the launch of a unique blockchain-focused company-building platform: Entrepreneur First Web3 on Tezos.

It aims to attract new potential founders to the web3 world. It will use EF’s proven company-building methodology, where talented individuals will find a co-founder, develop ideas together and pitch for investment after three and six months.

Technical training and guidance will be provided by experts from the Tezos community.

Entrepreneur First provides the world’s most talented and ambitious individuals with a platform to build a global technology company from scratch.

The talent investor has seen over 500 companies from scratch; more than 3000 alumni worldwide, and a portfolio valued at over $5bn.

EF companies include Tractable (computer vision, currently valued at $1bn as of June 2021), Magic Pony Technology (AI, acquired by Twitter for a reported $150m), Merkle Science (predictive blockchain monitoring and investigative platform), Propine Capital (digital securities services), Aztec Protocol (scalable privacy on blockchain), Cleo (fintech), accuRx (healthcare communication platform), OpenCosmos (space), Transcelestial (satellite communications) and many more.

Entrepreneur First is accepting applications until the end of May 2022. The initial two cohorts for 2022-2023 will select 40-50 founders to participate in an in-person programme in London.

Over the course of six months, successful founders will find a co-founder, receive funding, benefit from curated workshops and support, and gain access to Entrepreneur First’s renowned network of investors, founders, and mentors, which frequently leads startups to capital, employees, and strategic partner relationships.

Matt Clifford, co-founder and CEO at Entrepreneur First commented:

“Entrepreneur First was created to give founders a platform and community to find their co-founder, develop ideas and get customer traction, fast.

This platform is ideal for founders who already have a clear conviction to build for a decentralized future, and want to do it as part of a tight-knit community of potential co-founders and collaborators.”

The platform will seek world class talent amongst ambitious people in the first few years of their career. It will look for technical expertise that will enable founders to build web3 enterprises, although technical support and mentoring will also be provided throughout.

For more information on the Entrepreneur First platform, click here. Applications for Entrepreneur First Web3, with Tezos (London) are open now.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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