ConsenSys Labs, the venture arm of Ethereum venture studio ConsenSys, which supports blockchain entrepreneurs and developer, has announced the relaunch of Tachyon, its accelerator for startups utilizing blockchain and Web 3.0
The upcoming cohort, known as Tachyon III, is dedicated to open finance startups building more open, interoperable, and programmable financial systems and services.
It is a 12-week program to help founders leverage ConsenSys’ global network of Web 3.0 and blockchain experts to rapidly validate and grow their businesses.
Applications are open from until September 16th, 2019, and will kick off off November 4th in New York.
Tachyon III is a full-time, on-location program bringing 8–12 teams together in New York City from November 2019 through February 2020. Teams will be provided funding, office space, one on one mentorship, and programming around business and blockchain specific issues, culminating in an investor day and post-program fundraising support.
Background
Before Ethereum went live over four years ago, Joseph Lubin, founded ConsenSys to support the ongoing development, growth, and opportunity of Ethereum. Since then, ConsenSys has helped incubate and invest in more than 100 projects and companies, including key mainstays of the Ethereum ecosystem — Infura, Metamask, Truffle Suite, and Pegasys.
The ConsenSys team sought to expand the ability of developers and businesses to utilize Ethereum, and slowly bend the curve of opportunity from technical progress toward real market potential. As the Ethereum ecosystem matures, ConsenSys is updating its methods to continue supporting the founders making the largest impact.
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