Permissionless Capital, a web3 platform for startups, has announced the launch of its Permissionless opportunity event, inviting Web3 startups to apply for an opportunity to secure resources and support to bring their products to market, as reported by the company. The program aims to provide eligible Web3 startups with access to tools, funds and connections to navigate the blockchain industry and successfully launch their offerings.
According to Permissionless Capital, applications for the event can be submitted in just 90 seconds, with no fees or pitches required. The company expects dozens of startups to register for the first Permissionless Opportunities Event, after which the best candidates will be invited to participate. The event, touted as the largest for web3 and blockchain startups, gamifies the fundraising process and enables outstanding companies to realize their potential.
Permissionless Capital has formed partnerships with prominent players in the web3 ecosystem, including Solana, ImmutableX, Chainlink and ArWeave. The Permissionless Opportunities Event is designed as a game show with an audience participation component. The company will determine the winners of the competition equally based on expert judges and community consensus.
Winners of the Permissionless Opportunities Event will have the opportunity to pitch to more than 50 leading VCs and collaborate with ecosystems that will help advance their concepts and provide mentoring and technical support. Other benefits include personal access to expert advisors, credits, discounts and extensive media coverage to raise their profile.
The program targets web3 startups in the DeFi, infrastructure, security, gaming and RWAs categories, and includes B2B and B2C applications. Applications can be registered with Permissionless Opportunities from April 10 to May 1. The company promises to shine a light on the next generation of Web3 companies while giving the best applicants everything they need to optimize their chances for success.
The launch of the Permissionless Opportunities Event highlights the growing interest in supporting and nurturing the development of Web3 startups, following Bitget’s recent announcement aimed at encouraging young talent coming to Web3. Initiatives like these aim to foster innovation and provide a platform for promising projects to gain traction and access the resources they need to succeed in an increasingly competitive landscape.