*Make sure to join the Arweave Discord Dev server*
The Open Web Foundry is a six-week programme guiding founders through the process of launching an amazing new startup on Arweave’s decentralised web. From initial idea, to product, to acquiring users and pitching to top-tier investors alongside other incredible founders, we are with you every step of the way. We welcome submissions from founders creating a new profit sharing community on Arweave, or further developing an existing one.
Arweave enables the development of fully decentralized, permanently hosted web applications. Not only that, but founders can use Arweave to form profit sharing communities (PSCs) around their applications as well, which represents a fundamentally new and fairer business model for their apps. You can find out more about profit sharing communities and their associated tokens here and here.
The Open Web Foundry is the fifth nstalment of the incubation and acceleration programme . Already, more than $20,000,000 in seed investments have been made across the alumni of the first four batches. We’re very excited to inspire and support the latest batch of developers to quit their jobs and pursue something they love!
As well as potentially fundraising for your project, the Open Web Foundry offers:
This programme delivers tailored resources and support to both brand new and existing profit sharing community teams who wish to push their projects to the next level.
All you need to do to get started is to register here on Gitcoin, and join the Arweave developers’ Discord server! Registrations are open to all, throughout the entire of the programme. We will notify you of upcoming events and deadlines as the programme progresses.
We also offer participants a small amount of AR tokens so you can get started building and deploying. Grab your wallet here, and check the web extension user guide here to learn how to use your wallet.
Successful submissions will meet the following criteria:
The Arweave core team will invest $100,000 USD in total across successful projects submitted during the Open Web Foundry programme. Third-party investors will also consider investing alongside Arweave. The Arweave investment will primarily be made in exchange for the project’s profit sharing tokens.
Selected projects will be presenting their submission during Demo Day, which will take place on December 2, with investment meetings following soon after.
Note: The bounty has a value of $100,000 USDC on Gitcoin, this is only a representation of the total investment pool of $100,000 USDC that is available - the specific currency will depend on the agreement with the investee(s).
11:59pm EST on Dec 2nd 2021
Investments will be announced after the end of the programme.
See you on the permaweb!
-The Open Web Foundry Team
Visit the Prize Explorer to check out the prizes posted by our hackathon sponsors. Click each prize to show important details, including the submission requirements, submission deadline, etc.
Chat with other hackers, ask sponsors and the Gitcoin team questions, find or create a team, and communicate real-time. Click here to join the party!
When your team is formed please have one of your teammates navigate to each prize page you plan to compete for and click the “Start Work” button.
Build your cool ideas and make your vision come true with your team!
When your project is completed, submit your work by clicking the “Submit Work” button on the prize page/
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