Applications for Bitcoin Base Camp accelerator are now closed
Building the Bitcoin ecosystem: Web3’s biggest untapped opportunity
Base Camp Summary
Starting in: January 2024
Duration: 12 weeks
Application closure: 29 December 2023
Where: Fully remote
Investment: $100,000
Bitcoin: Web3’s next frontier
Bitcoin is the largest decentralized blockchain. BTC is widely accepted and highly liquid, making up 50% of overall digital assets. Bitcoin’s network effect remains unrivaled.
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.
Bitcoin has much unexplored potential. Currently less than 1% of BTC held is used in dApps. Bringing utility and activating users on the Bitcoin network is one of the largest untapped opportunities in Web3.
Bitcoin is uniquely positioned in the blockchain trilemma. It lends itself to use cases requiring a high degree of integrity and security such as institutional Web3 solutions.
“At Outlier Ventures, we are committed to building on Bitcoin. With the necessary building blocks now in place, we can expand the ecosystem, drawing on insights from other networks. We believe there’s a vast, untapped opportunity to bring utility to the world’s largest blockchain network”
Ben Meyer
Chief Product Officer, Outlier Ventures
What projects are we looking for?
Decentralized Finance
DeFi solutions built directly on the Bitcoin network or its metalayers
- dApps such as DEXes which facilitate borrowing, lending, AMM and more
- Compliance-first, institutional-grade dApps
Infrastructure
Tailored middleware and UX/UI for emerging dApps
- Interoperability & scaling infrastructure including metalayers, bridges, state proofs & EVM-compatible layers.
- Privacy-enabling layers leveraging ZK & other tools to enhance on- & off chain privacy.
- On-off ramp, wallets and other improvements to reduce UX friction.
dApps Leveraging Asset Issuance
Applications & infrastructure building out asset issuance capabilities such as ordinals, inscriptions and BRC-20 on Bitcoin
- Sats, ordinals and other asset marketplaces & DEXes
- Social & gaming dApps using BRC-20, NFT, etc…
Mining & Energy Solutions
Solutions connected to Bitcoin’s unique PoW consensus mechanism
- Distributed & edge device mining solutions
- Hashpower financial products
- Protocols and dApp solutions powering energy efficiency and decarbonization in mining
Bitcoin: The Time is Now
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
- 6% equity and 6% future token supply
- Option to join future equity token 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 278+ 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.