Dec 3, 2018 On Our Blog

Is Your Blockchain Company VC Fundable?

Are you thinking about applying to 500 with a Blockchain idea? Want to maximize your chance of getting selected? This article describes how one successful applicant, Crowdz, passed our rigorous acceptance process and explains how to formulate a successful strategy for your own 500 application. Earlier this fall, our accelerator team spent weeks reviewing and interviewing nearly 2,000 program applicants for Batch 24 of our Seed Accelerator program in San Francisco. Applications came from startups in enterprise software, deep technology, and of course, Blockchain. In the end we accepted just 22 companies, of which only five became part of our Blockchain track—a specialized cohort focused on foundational protocols, financial applications, tokenization of physical or digital assets, and enterprise applications. Why …


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Jul 9, 2018 On Our Blog

Don’t Bind Your Soul to a Token. Yet.

Over the last few months, I have heard countless conversations with crypto startups talking about “tokenizing” one item or another, from pets to food products. I heard 20 really good ideas, and 100 bad ones. I keep talking about the idea that just because you can do something, does not mean it is a good idea to do it. So I thought I would put together some thoughts on what makes for a good token project, specifically one where non-fungible assets are involved. In theory, any physical objects could be “tokenized” or represented by a token. The challenge is finding the right place to use a token in order to create real value. Not every unique object should be a …


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Mar 26, 2018 On Our Blog

500 & Huobi Labs Proudly Presents Our Latest Blockchain Track Companies

The 500 Blockchain team and Huobi Labs have selected three blockchain companies to join our blockchain track program. “We have received hundreds of super qualified applications since announcing the 500 Blockchain Track program last month. It’s amazing to see so many talented entrepreneurs out there building blockchain related companies and I’m really excited about the future of the blockchain ecosystem,” said Edith Yeung, partner at 500 Startups. Since this is our first pilot of a blockchain track program, we only had the opportunity to work with a small number of companies. Our goal is to collaborate closely with each startup,  focusing on key areas including: community building, go-to-market strategies, corporate partnerships, and connections with all our mentors from the blockchain …


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