Accelerating The Open Metaverse: New Data Economy + DeFi + NFTs

10x your startup by joining Base Camp The Web 3 Accelerator for early stage founders.

Applications are now closed, indicate interest for the next program here

With Base Camp, we are recruiting, financing and providing a launchpad for early stage projects from all over the globe. Providing product support, hub services, and partnering with you to take your Web 3 concept to the next level. Join us for three months in a bespoke accelerator to define and build your project.

  • 3 month remote first accelerator program
  • $50,000 immediate funding for 6% equity and tokens
  • Up to $200,000 total funding available per team
  • Optional repayable advance to help cover your initial legal costs (for entity set-up and fundraising) up to a maximum of $30k *to be repaid out of fundraising proceeds
  • Startup resources, legal and back-office support
  • World-beating investor and mentor ecosystem with some of the biggest names of Web 3

Leveraging the combined resources of our tried and tested venture platform of experts, mentors and ecosystem we will add measurable value where each team needs it most.

Delivered fully remotely, and working with founders globally, this extension of the successful Outlier Ventures venture platform has invested in, partnered and collaborated with Fetch.ai, Ocean Protocol, DIA, Cudos, Brave, Secret Network, Cosmos, Polkadot and Chainlink.

This program will enable you to refine your business strategy, go-to-market, token design, governance pathway, community growth and traction to build hype and strategically close your investment round at the best possible valuation, and where relevant optimise for a successful token distribution event into the Top 100.

This is a unique opportunity to get inside access to the industry and build your project with the leading minds, builders and founders of the Web 3.0 elite and join a powerful alumni network of over of the worlds leading Web 3 startups.

Building on eight years experience and track record in Web 3 and crypto, this isn’t a cookie-cutter program, but a bespoke solution for accelerating the billion dollar token networks and transformational Web 3.0 businesses of tomorrow. We helped 33 projects, you can be one of them.

Venture Partners

Arwen Smit,
Lead Blockchain Strategist

Gabby Dizon
Chairman and Co-Founder

Erica Stanford
Founder

Leandro Bellone
Co-Founder

Robness Cumba
Crypto Artist
NFTs

Ryan Gill
Co-Founder and CEO, Crucible Network

Sebastien Borget
Sandbox & Blockchain Gaming Alliance

Tamar Menteshashvili
Binance

Tushar Aggarwal
Persistance

Daniele Sileri
Co-Founder

Lou Kerner
Crypto Mondays/JustStable.com

Marta Piekarska
Director of Ecosystem Hyperledger

A team of multi-disciplinary experts across Europe, the USA, and Asia dedicated to Web 3

We have been investing in and accelerating early stage companies in the convergence ecosystem since 2013, working with founders, enterprise, academia and industry to accelerate the adoption of decentralised technology. We partner with leading Web 3 protocols and a growing team of technology providers to fast track your roadmap and product execution.

Selection

We work with our ecosystem of leading Web 3 founders and investors to source and select startups for the program via our extended network, and open, community based selection process.

Funding

Selected founding teams will receive $50,000 in immediate investment for 6% equity and any potential token supply, and up to $200,000 of total funding, plus the value of our platform and back office support to accelerate your business.We also provide an optional repayable advance to help cover your initial legal costs (for entity set-up and fundraising) up to a maximum of $30k*.

*to be repaid out of fundraising proceeds

Resources

We provide critical in-house mentorship that will turn your decentralized concept into a living network with the help of our experts. Outlier Ventures will provide mentoring, hub services and valuable domain expertise.

Connections

Our global network of investors, exchanges, development talent and others, will expand and enable your future network. The teams we have worked with have raised over $40m in funding, secured contracts with major organizations and are driving change with their community.

Ecosystem

Access to the Outlier Ventures' ecosystem will bring industry, corporate, academic and crypto relationships within arm’s reach.

What we are looking for

Leaders and teams with concepts in the decentralised space, wherever you are

We are looking for ambitious and passionate founders who want to build a better internet. You will likely be a small team with both technical and business expertise. You may have raised a small amount of money before, and are looking for your next step to accelerate your proposition, and get it in front of customers and the wider industry.

We are particularly interested in projects that fit our vision of the future web:

The Open Metaverse = DeFi + NFTs + Data Economy.

The Metaverse is not a destination but a journey or process. Currently we are just experiencing it in 2D. Help us make sure we avoid the mistakes of Web 2 and build a user an creator centric Web

We want to make sure that this web is designed and built by people with diverse backgrounds and experiences to ensure the future web is inclusive and works for all.

Read our full thesis

We are particularly interested in opportunities in the following industry vertical segments:

Much of the innovation in financial services is occurring in the new “open data” paradigm through open banking, we see decentralised finance (DeFi) as a promising sandbox for future routes to market and experimentation. Teams developing businesses and networks to connect the decentralised finance and the existing financial infrastructure are of particular interest.
There is a wide cultural shift with creators going fully digital and seeking new ways to directly engage and monetise their audiences. We are interested in creator centric platforms across the creative industries from collectibles, digital art, music, events and advertising that enable or populate The Open Metaverse with rich experiences and content. As well as the financialisation of NFTs as collateral in DeFi.
In the 2020s, the majority of business decisions are driven by data. Demand for data is higher than ever, with organizations increasingly relying on external data sources and data sharing to capture value. However, in the GDPR era, data liability is a substantial risk, leading to a wealth of missed opportunities in data due to privacy concerns. We’re particularly interested in projects involving users and aligning their interests with the data buyers for a more equitable data economy.

How Base Camp works

The applications for our fifth virtual cohort are now closed

Applications are now closed, indicate interest for the next program here

Community based selection process

We will be reviewing the applications ongoing during the recruitment campaign, and if you are successful we will be in touch for an initial call, second meeting with more of the Base Camp team and eventually a final meeting with the Outlier Ventures’ partnership. We will be evaluating with our partner network for thesis fit, team fit and for the quality of your ideas. Don’t worry, we are looking for potential rather than for fully fleshed unicorns at this stage.

The *only way to join the program is to apply online using the simple form*, please do not contact the team directly - during the recruitment period we are getting a huge volume of inbound requests and it is not manageable to respond to everyone directly.

Onboarding

We will make sure we get to know your business in great detail prior to the commencement of the program and we will ensure your corporate setup is suitable long term and that all your legal agreements are in order. We have relationships with service providers to help get legal, accounting and banking do not become barriers later.

During the first week of the program we will support you to establish what success of the program looks like, and how you will define and demonstrate the traction needed to take you to the next stage. This is not a cookie-cutter program so these insights will help define the rest of the program for you and your team. An OKR framework will be established and we will support you with reporting for this both within the cohort, and with your advisers.

Idea refinement

The first few weeks of the program will be focused on helping you to think through your core value proposition, getting your story telling straight, and then connecting you with valuable contacts who can guide and mould the delivery of that. We have a wide network of potential mentors, and the first two weeks of the program you will have the opportunity to meet many of these and refine your story. Some of these may become valuable advisors to you throughout the whole accelerator program and beyond.

Product development: customers

The program team will support you around key decisions in technology architecture. Outlier Ventures technical team takes an active role in our portfolio, including developing integrations and supporting technology relationships, and partners. Our in house token team will help you refine the design of your network economics.

Together Outlier Ventures and its partners are building the Metaverse Stack - a complementary set of technologies that will make up the core infrastructure for web 3.0. The Base Camp program gives you the opportunity to contribute and integrate with this Stack, and collaborate with the technologists building it.

Product development: technology and network

The program team will support you around key decisions in technology architecture. Outlier Ventures technical team takes an active role in our portfolio, including developing integrations and supporting technology relationships, and partners. Our in house token team will help you refine the design of your network economics.

Together Outlier Ventures and its partners are building the Metaverse Stack - a complementary set of technologies that will make up the core infrastructure for web 3.0. The Base Camp program gives you the opportunity to contribute and integrate with this Stack, and collaborate with the technologists building it.

Product development: launch partners

A core strength of Outlier Ventures is the depth of our relationships with innovation and strategy teams in some of the world’s biggest companies as well as with a lot of the crypto native startups. No project can develop in isolation, and in addition to connecting you to the crypto-community, we will also be focused on ensuring your concepts are stress tested with large organisations who will be fundamental to adoption and success of the technology long term.

Elective content

During the program there will be a focus on your challenges and your particular situation. Working hand in hand with the Outlier team we will adapt the program to your needs.

If your particular need is working out regulatory considerations or looking at market expansion, we will be able to dive into that in more detail with dedicated time mid-way through the program.

Fundraising

The final third of the program is dedicated to taking the evolved proposition, and the product development progress that you have made and bringing this to a wide range of potential supporters of your project.

To achieve this we will support you in developing the commercial proposition, and then in a structured way pitching to relevant angels, syndicates and VCs through a series of training sessions, warm introductions with feedback. The program will conclude with a Demo Day event part of our Diffusion conference where you will present to a broader audience of angels, syndicates and VCs as well as ecosystem participants - some of our former speakers include CZ of Binance, Stani of Aave, Sergei of Chainlink.

Aftercare

After the first three months of the program concludes we will support you with the terms and finalising any further fundraising that has been agreed. There will also be operational support to ensure product and ops setup is seamless. If needed we can help with securing non-execs and advisors for your corporate governance.

For those who are ready to go out with a token we provide access to our Ascent program where our team will help you launch a token in a compliant and hassle free way.

Finally, as an Alumnus of Outlier Ventures, you will have access to all the connections in our ecosystem.

Core Terms

We keep it really simple, we provide $50,000 of immediate funding in exchange for 6% of your company and/or 6% of token supply.

Applications are now closed, indicate interest for the next program here

We offer
In return for
$50,000 immediate investment
6% equity and/or 6% future token supply
Up to $200,000 in total funding
Option to invest at discount to next funding round
Repayable advance to help cover your initial legal costs (for entity set-up and fundraising) up to a maximum of $30k
Repayment once fundraising round is closed and out of fundraising proceeds
Product, token design, fundraising, marketing, research, analytics support

FAQs

Where will the Base Camp program be run?

The Base Camp Accelerator is currently planned to be a fully remote and virtual program. There may be the opportunity for in-person summits in London or other European locations once the pandemic situation improves.

Do you work with teams from Latin America, Africa, Asia and Australia?

We are now fully virtual and working with global teams including teams from every continent. We have so far invested in companies from Australia, Brazil, USA, Canada, Philippines, Nigeria, Germany, Sweden, Finland, Poland, UK, Switzerland.

Are you running Base Camp in North America?

We are now fully virtual and working with global teams including North American teams.

What type of idea are you looking for?

We are focused on building out our vision of what is necessary for Web 3 to be successful - the “Convergence Stack”. We are already supporting projects across the stack but there a few areas that are currently underserved: learning, storage, networking, middleware and user experience. We are interested to see applicants from all areas of the stack but will prioritise those focused on underserved components.

Tell me about founders that work well with you?

We are looking for driven, humble, empathetic and passionate founders who want to build a more equitable data economy. You will likely be a small team with both technical and business expertise. You may have raised a small amount of money before, and are looking for your next step to accelerate your proposition, and get it in front of customers and the wider industry.

Why is Outlier Ventures the right early stage investor?

Outlier Ventures is a venture platform designed to support decentralised projects to design, build, and scale at every stage of their development.

We provide early-stage funding, as well as providing support via relationships, introductions, and access to specialists from across the venture platform. We have incubated and supported leading web 3.0 teams, and can bring a powerhouse of support to ventures building web 3.0 infrastructure.

How long will the program run for?

The core program will be 13 weeks long, with a further 9 weeks of ongoing support, running over in August and September 2021.

What will the program consist of?

This is a foundational product development accelerator for decentralised technology, that will develop momentum and traction in foundational technology concepts for Web 3

What happens after the end of the program?

The aim of the Base Camp program is to set founding teams up for long term success. We aim to leave you with clarity on your mission, momentum in achieving it, and being ready to close a significant fundraising round.

How do I apply for Base Camp?

We are working with F6S.com for the accelerator application process. Please visit our application form on their site and create a profile

Investment and support for ideas that accelerate the open data economy

Applications are now closed, indicate interest for the next program here