Deadline: 30 January 2024
Submissions are now open for the HyperNest DeFi Accelerator Program.
HyperNest, a specialized DeFi accelerator, offers a 12-week intensive program exclusively tailored for DeFi startups, focusing on the unique challenges and opportunities of the decentralized finance sector.
Why HyperNest is the Premier Choice for DeFi Startups?
- Elite DeFi Accelerator Program: They offer the best DeFi accelerator program globally, focusing on essential challenges like fundraising and token economy. The program features top mentors from industry-leading organizations such as Aave, MakerDAO, Nethermind, Bancor, Lido, gumi Cryptos Capital, Beefy Finance, Sushi Swap, Chainlink, and others, ensuring you receive world-class guidance and expertise to propel your DeFi project to new heights.
- Investments and Demo days: Explore investment opportunities with the affiliated Investment DAO, offering $50K to $200K funding to boost your startup. Leverage the extensive network of 50+ crypto VCs and gain expert guidance in securing lead investors for your growth journey.
- Extensive Perks and Benefits: As a participant in the HyperNest program, you’ll gain access to an array of perks and benefits, valued at more than $400K, provided by the esteemed service partners. This includes a suite of top-tier tech services essential for scaling your startup, such as Google Cloud, Covalent, HubSpot, and more, designed to accelerate your growth in the DeFi space.
- Ongoing Post-Program Support: The commitment extends beyond the three-month program. You’ll receive continuous support in fundraising, network expansion, and access to learning resources like webinars and events. As a lifelong member of the community, you’ll benefit from all current and future perks, and the opportunity to collaborate and innovate with other startups in the network.
Core Areas of Focus in the Program
- Token Strategy and Financial Modeling
- From token economy and launch strategies to financial modeling, they guide you in shaping the financial backbone of your project, ensuring a robust and sustainable DeFi protocol.
- Marketing, Community Engagement, and Market Entry
- They help you build and engage a strong community, crucial for success, and provide tailored go-to-market strategies to effectively launch and promote your DeFi product.
- Fundraising
- They guide you through every step of fundraising, enhanced by training from experienced VC mentors to perfect your pitch and excel at demo day.
- Incorporation and Legal
- Your legal structure is an essential component of your strategy. In this unpredictable international law system, you need clarity.
- Smart Contract and Security
- They provide guidance in building a safe product quickly. A single hack can destroy your venture
- DAO Governance
- Governance is hard. Before deciding on yours, let’s explore the upsides of different structures.
- Liquidity Attraction and Retention
- Strategies to build and maintain a robust liquidity pool, essential for the success of any DeFi project.
- DeFi Composability
- Risks and opportunities of the new money lego system. Design your protocol with this knowledge in mind.
Startups Selection Criteria
- At HyperNest, they’re dedicated to fostering the growth of DeFi startups that are innovating in the realm of financial transactions.
- The focus areas include, but are not limited to:
- RWAs (Real-World Assets): Bridging DeFi with traditional finance, they’re excited about tokenizing real-world assets, making asset transfers seamless across classes.
- Privacy in Defi: Advancing anonymity in DeFi using privacy-enhancing technologies and, at the same time, staying compliant with regulatory frameworks.
- Payments and On-chain Forex: They’re passionate about democratizing global finance, from stablecoins to solutions for the unbanked in emerging markets.
- Leveraged and Structured Products: Innovating in leveraged derivatives, passive indexes, and synthetic assets.
- Liquid Staking, Yield-bearing Assets, and re-staking: Focused on enhancing capital efficiency with yield-bearing assets or via re-staking mechanism.
- Funding Round & Stage:
- Funding round: Mainly Pre-Seed, but open to Pre-Funding to Seed stages
- Stage: Ideation to early product launch/testing/private beta. Pre-token
- Team:
- They’re seeking real builders, coders, and business innovators who are passionate about transforming the DeFi.
- Chain:
- They welcome protocols built on both EVM and non-EVM platforms.
For more information, visit HyperNest.