Bitcoin Base Camp is Back!
Building the Bitcoin ecosystem: Web3’s biggest untapped opportunity
Base Camp Summary
Starting in: End September 2024
Duration: 12 weeks
Application closure: Early September 2024
Where: Fully remote
Investment: $100,000
Now is an ideal time to double down on Bitcoin and provide premium support to builders unlocking new opportunities in Bitcoin.
Why now?
Composability – Composability is coming online in the form of ordinals, runes and more, allowing the creation of non-BTC native assets on the ledger
Developers are returning to the Bitcoin ecosystem. The innovation in composability (ordinals, BRC-20 & other asset issuance standards) & scalability are bringing new and exciting building blocks for founders.
Massive opportunity – More than 99% of all BTC is sitting idle in HODLer wallets. Activating these assets with more functionality is a massive untapped opportunity.
Scalability – We’re seeing a new wave of exciting L2s and sidechains approaching mainnet, allowing the scalability of the chain to truly come online.
Some of our Portfolio Companies
“Bitcoin has – and continues to provide an important narrative to the web3 community. The momentum around Bitcoin-native solutions has dramatically advanced within the last year. Scalability and composability continue to promote new found opportunities within the space and with that has presented an emergence of new players and evolving use cases.”
Francesca Conti
Bitcoin Accelerator Lead, Outlier VenturesWhat projects are we looking for?
Focusing on DeFi
Stablecoins
Middleware tooling
Cross chain apps
Governance tooling
Focusing on Asset Issuance
Stablecoins
Middleware tooling
Cross chain apps
Governance tooling
Outlier Ventures' Bitcoin Theses
NEW THESIS
An update to our Bitcoin vision
After successfully wrapping up our first Bitcoin Base Camp in early 2024, Outlier Ventures remains bullish on the Bitcoin ecosystem. It is with great enthusiasm that we will be launching our second iteration of the Bitcoin Base Camp slated in Q3 of this year.
2023 THESIS
Our foundational thesis
Bitcoin is shedding its skin. Since its creation in 2009, Bitcoin has long been a medium of exchange. This is changing. 2023 is bringing a wave of innovation on top of the Bitcoin network.
We believe this will allow developers to access an unprecedented amount of functionality, composability and scalability while leveraging the network’s security and decentralization.
What do startups get out of the program?
Part 1
Week 1-2
Helping you to maintain focus on OKRs & Web3 Readiness Framework and ensuring you’re optimally leveraging our network.
Part 2
Week 3-6
Building your knowledge and refine your idea through workshops and 1:2:1 meetings with our Subject Matter Experts across token, design, legal, engineering, fundraising and more.Part 3
Week 7-12
Having learned and refined your idea and in the first six weeks, the final weeks of the program are tailored towards supporting the key areas needed to bring product to market.Post Program
An opportunity to showcase your product to the wider Outlier network and 2 months fundraising support.
- 360 support from 40+ experts on token, product, legal, fundraising, etc.
- Access to a mentor network of industry leaders in the Bitcoin space
- Connections with the most relevant Bitcoin players
What we offer
- 12-week dedicated support and access to our 100+ team and network
- +2 months of additional fundraising support
- Up to $100k stipend as part of the program (terms apply)
- Up to $200k in follow-up investment (terms apply)
In return for
- Agreed equity stake and future token supply
- Option to join future equity rounds, token rounds, and NFT drops at a discount
Our 400+ mentor network
Charlie Shrem
Founding Member of
Bitcoin Foundation
Jameson Lopp
Cyberpunk/co-Founder, CTO of Casa
Amanda Terry
Co-founder & COO of Metagood
We have accelerated 300+ teams across 34 cohorts
Testimonials
FAQs
- Funding in exchange for 6% of your company and 6% of future token supply
- 3 month fully remote accelerator program
- Access to in house specialist operational, legal, commercial, and co-marketing support
- Token engineering support and business model testing to pinpoint product-market fit
- An optional $30,000 interest-free repayable loan to help with initial legal costs
- An active global mentor, partner and investor network featuring over 400+ mentors and 180+ alumni companies in Web3
Any Base Camp program is designed to nurture teams whose business potential best leverages the program’s protocol and design strengths and also aligns with Outlier Ventures’ Metaverse OS Thesis. Cohorts are generally selected through the lens of growing the protocol ecosystem across various layers such as: NFTs & Gaming, DeFi, Infrastructure, Services, and Middleware.
Participating startups will gain exposure to both Outlier Ventures’ and the protocol’s ecosystems, offering an unparalleled opportunity for founders to scale their technology and grow their business.
The Base Camp Accelerator is a fully remote and virtual program. This allows us to recruit and work with the best teams wherever. We have invested in companies across all continents. Our strength lies in the diversity of founders that we accelerate across the globe.