Press Start Capital 👉🎮 and Sanctor Capital team up for Pre-Accelerator Fellowships
The Multiplayer Fellowship program aims to fund and mentor 100 hyper-early-stage web3 startups.
We are thrilled to announce that Sanctor Capital has joined forces with Press Start Capital on our quest to fund and mentor 100 hyper-early stage web3 startups via our pre-accelerator Fellowship program.
This collaboration serves to expand the network, resources, and follow-on investment opportunities made available to Fellowship teams.
Pioneering the Web3-native Pre-Accelerator Fellowship
Press Start Capital pioneered the web3-native pre-accelerator Fellowship model during the dark depths of the 2022 bear market, starting with a collaboration with OrangeDAO in late 2022. The success of this first cohort led us to repeat the model with Developer DAO which continued to yield tremendous results for founders:
Half of all Press Start Fellowship graduates went on to raise or join top accelerators such as Alliance DAO, a16z Crypto Startup School & Speedrun, Binance Labs, and Y Combinator.
In late 2023, Press Start Capital worked together with Wintermute, Impossible Finance, and University of Ethereum to develop and launch the Crypto Builders Bootcamp, a free public good featuring the top minds in the space: Arthur Hayes (BitMEX co-founder), Luca Netz (Pudgy Penguins CEO), Evgeny Gaevoy & Yoann Turpin (Wintermute co-founders), Kevin Lin (Twitch, Metatheory co-founder), Justin Waldron (Zynga, Storyverse co-founder), Keone Hon (Monad co-founder), TN (Pendle cofounder), and many more.
This latest partnership with Sanctor Capital reflects Press Start’s collaborative approach - working with the best and brightest minds to fund and support the next generation of talented web3 founders.
In line with this new collaboration, we’re excited to unveil the “Multiplayer Fellowship” brand - the most founder-friendly pre-accelerator in web3!
About the Multiplayer Fellowship
The Multiplayer Fellowship (powered by Press Start Capital and Sanctor Capital) is an 8-week "pre-accelerator" program to help web3 founders speedrun 0 to 1:
💰 US$50,000 SAFE/SAFT investment
🙅♀️ No program fee, no upfront equity: Simply put, the most founder-friendly program in web3!
🌟 Mentorship from Superstar Founders: The best advice comes from successful founders who have walked the path you're embarking upon. Every week, we bring in superstar mentors and speakers, giving Fellows direct access to pick their brains.
🤝 Personalized introductions: We work closely with every Fellow to identify your goals, KPIs, and the best intros for your particular needs. Whether you're looking to chat with L1/2s, investors, or prospective users, we go above & beyond for our Fellows.
🌉 Bridge to top accelerators: The bar for top accelerators is incredibly high these days. This Fellowship will help prepare you to meet and exceed that bar.
💡 Idea stage welcome: We’re not afraid to write the first check because we believe our contribution to pushing the industry forward is to help founders speedrun from 0 to 1.
The Multiplayer Fellowship’s 8-week program culminates with a demo day for each cohort that showcases teams to accelerator managers, VC funds, and angel investors. Post-Fellowship, we work closely with each team to identify and reach their next major milestone, whether that be joining a top accelerator, raising a seed round, or continuing to ship.
What are Founders Saying?
Alan Hampton (TAZZ Finance cofounder), a Press Start Fellowship alum who subsequently graduated from Alliance DAO said:
“It was great working with the Press Start team and their top class set of mentors and advisors. Would recommend it to anyone looking to build in the Web3 space!"
Ray (BBOX cofounder), who went on to graduate from Binance Labs Incubation Season 6 said:
"The team at Press Start has been incredibly hands-on. We wouldn't be where we are today if it wasn't for the support, advice, and intros that we got from Press Start."
Let’s Press Start 👉🎮 Together!
Are you a founder setting off on your next adventure?
Apply now for the next Fellowship cohort. Deadline is February 7th.
Know a talented founder?
Please intro to Steven and Luke or ask the founder to list your name as a referrer in the application.
Interested in co-investing?
DM Steven (Telegram, Twitter) and Luke (Telegram, Twitter).
About Press Start Capital
Press Start Capital is a pre-seed Web3 venture fund founded by builders with exits and alums of Coinbase, Binance, DivX, and McKinsey. We pioneered the pre-accelerator fellowship during the deep bear market of 2022, writing first checks to several cohorts of talented builders. Half of our graduates have gone on to raise and/or join top accelerator programs including Alliance DAO, a16z Crypto Startup School & Speedrun, Binance Labs, and Y Combinator.
About Sanctor Capital
Sanctor Capital is a sanctuary where bright minds can find the support they need to maximize their impact on the industry. We have a long successful track record of guiding 60+ early-stage projects to Web3 market success, including an acquisition by eBay.