Status Incubate will foster and enrich the decentralized ecosystem, provides early-stage decentralized startups with funding, talent, and expertise
April, 20, 2018 – , the first ever mobile Ethereum client built entirely on peer-to-peer technologies, is announcing , providing early-stage blockchain-based startups with funding, talent, and expertise. Status Incubate is the first in a series of initiatives for dedicated to laying the foundation and advancing the mass adoption of the Web3 ecosystem.
Status is currently in development, after a successful token sale of SNT raising more than $100M in ether in less than 24 hours. The team has made steady progress on the Status platform towards a Beta on mainnet and is focusing on delivering an optimal user experience. With well under way, the coming move to mainnet significantly increases the opportunity for Status to engage with a broader audience.
The path from idea to implementation isn’t easy, as the Status team understands first-hand. Those working in a new ecosystem like Web3, have the additional challenge of developing a business in an early-stage market.
Status Incubate will help foster an extensive ecosystem for the decentralized Web from a wide range of areas, selecting a handful of startups each quarter including Ethereum-based projects, DApps, IoT, base-layer protocols, scaling solutions, and more. By pushing all blockchain technologies further, everyone will benefit from a decentralized global infrastructure.
The initiative will provide a range of services, including:
Funding: Gain seed and Series A funding
Legal and regulatory support: Consult with world-class crypto-experts
Technical mentorship: Work with Status’ full-stack team of blockchain engineers
Marketing and PR: Get the story to the right people, the right way
Organization guidance: Learn from Status efforts to create a truly decentralized organization
Research facilities: Access the first Status Incubate location, which will be announced soon
Applications will be accepted on a rolling basis, with no deadline. Each application will be reviewed by the Status Incubate team to select the strongest projects for follow up interviews.
“Status Incubate is focused on accelerating the development of the Web3 ecosystem,” stated Ben Morris, Head of Status Incubate. “The initiative has been designed to provide the necessary guidance and support to help make the most compelling projects successful.”
To get all the details and apply visit .
To get involved, the alpha or .
About Status.im:
Status is a new kind of tool, for a new kind of Internet. It is an open source, Ethereum-based app that gives you the power to chat, transact, and access a revolutionary world of DApps. With the high-level goals of preserving the right to privacy, mitigating the risk of censorship, and promoting economic trade in a transparent, open manner, Status is building a community where anyone is welcome to join and contribute.
