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Cryptocurrency News Articles

Nailwal Fellowship Launches Exceptional Web3 Founders

Apr 15, 2024 at 05:14 pm

The Nailwal Fellowship has successfully graduated its inaugural cohort, fostering a group of highly successful web3 founders. These individuals have raised funds from top venture firms, joined renowned accelerators, and secured employment at leading crypto companies within just six months. Their achievements demonstrate the program's impact in supporting aspiring entrepreneurs and the potential for continued success in the web3 industry.

Nailwal Fellowship Launches Exceptional Web3 Founders

Nailwal Fellowship Produces Inaugural Cohort of Exceptional Web3 Entrepreneurs

Bengaluru, India - April 15, 2024 - The Nailwal Fellowship, a prestigious program established by Co-Founder of Polygon and Founding Partner of Symbolic Capital, Sandeep Nailwal, has achieved a significant milestone with the graduation of its inaugural cohort. This program, designed to nurture and empower the next generation of web3 entrepreneurs, has far surpassed expectations, fostering a remarkable group of founders who have accomplished extraordinary feats in just six months.

The cohort's accomplishments are a testament to the transformative power of the program, which provides unparalleled support and resources to budding entrepreneurs in the rapidly evolving web3 ecosystem. In a highly competitive landscape, these exceptional individuals have raised capital from leading venture funds, gained admission to top accelerator programs, and secured full-time roles at renowned crypto protocols and companies.

"I am profoundly impressed by the remarkable success of our inaugural cohort," exclaimed Sandeep Nailwal, Co-Founder of Polygon and Founding Partner of Symbolic Capital. "Our fellows have proven that with the proper mentorship and resources, there are no limits to the heights that can be reached within the web3 space."

Cohort Highlights:

The inaugural cohort of Nailwal Fellows has not only joined elite startup accelerators such as Beacon and a16z CSX but has also become integral members of prominent projects shaping the future of web3.

  • Remi Gai, Founder of Inco Network, is pioneering privacy infrastructure in web3, leveraging his expertise from Parallel Finance and Google. His startup secured a $4.5 million seed round from esteemed investors, including 1kx, GSR, Robot Ventures, and Symbolic Capital.
  • Shashank Yadav, Founder of Fraction AI, aims to democratize high-quality data for AI models, revolutionizing data accessibility through a decentralized approach. After gaining admission to Cohort F23 of the Beacon Accelerator program, Yadav and the Fraction AI team successfully debuted their project at a demo day packed with investors and are currently finalizing a $2 million seed round.
  • Paul Meyer, a former Goldman Sachs investment banker, transitioned to the role of Founder of Collar Protocol, aspiring to lead the next wave of DeFi by reimagining borrowing protocols. Meyer and the Collar team recently received acceptance into the Spring 2024 cohort of a16z's Crypto Startup Accelerator in London.
  • Tomas Taylor, a crypto-native full-stack developer, has dedicated his efforts to merging web3 technologies with AI. As a Nailwal Fellow, Taylor launched Mindware, an AI agent API key that utilizes SHA-256 encryption techniques for human authentication.
  • Evgenii Danilenko, a pioneer in the Ethereum ecosystem with previous contributions to Erigon and Polygon, continued to refine his vision and architecture for a novel approach to blockchain interoperability during his fellowship.
  • Joe Frazier, an innovator at the forefront of integrating on-chain data with AI, is driving forward the capabilities of blockchain technology and data. Currently, Frazier serves as a core team member at Kleiner Perkins-backed Allium Labs, where he contributes to the development of next-generation web3 data infrastructure.
  • Ananya Khandelwal, an exceptional student ranked among the top 0.01% in India, continued his work on Flex Wallet, a project dedicated to making crypto payments more accessible for all.
  • Adam Achebe, a Stanford graduate, left academia to pursue his passion for building Arctail full-time. After conducting extensive user research, Achebe is redefining the live-streaming space with a modern perspective on eSports betting.

Program Significance:

The remarkable achievements of the inaugural cohort not only highlight the immense potential of individual founders but also underscore the crucial role of supportive programs in the advancement of technology and entrepreneurship. By providing a nurturing environment, mentorship from industry leaders, and access to a network of investors and builders, the Nailwal Fellowship empowers its participants to excel in the dynamic and ever-evolving web3 landscape.

For more information on the Nailwal Fellowship Program and its mission to empower the next generation of web3 innovators, please visit the official website at https://www.nailwalfellowship.org/.

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