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XFounders Boot Camp. High school for Web3 Startups
Proposal Details
Grant size
Tier
Beneficiary
Description
## XFounders Project Genesis I will briefly tell the story of how and why the XFounders project was born. My partner and I were founders and launched projects in the web2 market. In 2021, in one of our projects - SuperPower (formerly known as workoutme) - we decided to test an MVP of a web3 product. Retention metrics increased significantly, and the transactional business model attracted us. We decided to pivot, despite having no experience in web3, despite our extensive experience in web2 (70m user acquisition in various products and over 20m revenue in fintech products). After spending more than 8 months trying to figure out web3, we encountered a lot of problems: - Lack of available expertise and knowledge, competent specialists are scarce (questions like how to do marketing? how to do tokenomics? how much does token listing cost, and on which exchange is it worth doing? how much does marketing cost? where to open a company and how many are needed? how to choose a blockchain? and so on) - these questions formed the basis of the XFounders educational program. - Poor onboarding to blockchains and weak support. - Accelerator programs take an unjustifiably large % of the company (on average, 6% equity + 6% total token supply). Funds invest in only 0.3% of the entire pipeline. Most startups do not receive feedback and support. - Projects come to accelerators and funds unprepared. All of this slows down mass adoption. We want to fix this and make it so that projects test hypotheses faster and launch more stable products. ## Value for Decentraland We want to help 2 projects in the Decentraland ecosystem close gaps in marketing, tokenomics, business development, product, legal, in order to increase their chances of survival and help attract investments for accelerated growth. 2 Startups will have a participation grant for XFounders Boot Camp from Decentraland. This will give them a founders-friendly status within the Decentraland ecosystem. ## XFounders Funnel Target From the XFounders funnel, the target is to have 5 new startups launch MVPs in the Decentraland ecosystem. **Duration:** 1 September - 1 December **Contingency:** If, for some reason, after the Offline Boot Camp certain startups fail to commit to their launch, new cohorts will be launched from the current funnel until the KPI is met. **Benefit to Decentraland Startups:** 10 Decentraland startups will have free access to the XFounders Online Knowledge Base. ## XFounders Achievements and Goals **5M Audience Reach**: We aim to achieve a substantial audience reach by securing coverage from 15 media outlets and 10 Key Opinion Leaders (KOLs). Our strategy involves collaborating with various media platforms and influential individuals to amplify our presence. **Media and KOL Coverage**: Throughout the BootCamp event, we will partner with approximately 25 different media outlets, bloggers, and influencers. These partners will actively create and share content, including daily updates, articles, interviews, and live streams, engaging their respective audiences. **Onboarding 25 Startups to Decentraland**: XFounders operates as an ecosystem, introducing the next generation of founders to web3. Our unique approach involves activating dormant startup pipelines from accelerators, incubators, funds, and consulting agencies. We transform these startups into valuable contributors to the Decentraland ecosystem, successfully onboarding around 25 new projects within the next year.
XFounders Boot Camp. High school for Web3 Startups This proposal is now in status: REJECTED. Voting Results: * Yes 1% 16,557 VP (19 votes) * No 98% 9,638,788 VP (88 votes) * Abstain 1% 775 VP (5 votes)
I see that the 2 teams to be flown out for this have already been chosen. How were these chosen over other projects? What type or specific DCL experts will be flown out there? Right now for all I know is that this is an all expenses paid vacation for some people. We did that for the Skankfest comedy and Im not inclined to do so again for any project. Thank you.
Generally startup bootcamps are low quality, and expensive - the DAO doesn't exist to fund your company and '10 Decentraland startups will have free access to the XFounders Online Knowledge Base' implies this information won't even be opensource and free for all. Not in the spirit of why we have grants or what we need - nty.
1) My name was purchased in advance, I just forgot to publish it 🤷♀️  2) These funds are going towards mass adoption, the emergence of new projects within your ecosystem, and the strengthening of existing projects. 3) Agreed, this is a good remark - we are ready to give the entire Decentraland community access to live streaming. 4) We have several different channels, all the links to which are in the application. But that's not the main thing! Our audience consists of project founders, those who build startups in web3. There are not many such people in general, and we will not have tens of thousands of views. We are not bloggers or influencers, we do not gather gamers, traders, and other enthusiasts. We have an expensive, specific audience of web3 builders. https://www.youtube.com/@x-founders/videos  https://www.linkedin.com/company/x-founders  P.S. I wrote in Discord and we want to have a live stream next week to meet all the members of Decentraland. We also want you to get to know the XFounders project better!
and 0 projects shown so far
Voting no for a variety of reasons. 1) You are unknown to me, and you've submitted a grant for $39,000 with an unminted address. Minting your Decentraland name costs around $33 today, and shows the bare minimum that you have given back to the DAO and have some skin in the game. To me, it's a red flag when projects ask for $39,000 without spending $33. It's not a deal breaker, it just says a lot about your current relationship with the Decentraland ecosystem. 2) Right now 52% of your budget is going towards flights, hotels, and food. I would prefer to see that money spent directly building the Decentraland platform. 3) Your live stream is only going to be accessible to 30 people. Why isn't this available to everyone? I would prefer to see you ask for enough money to make it a stream that everyone can access, otherwise it has a limited reach in Decentraland. 4) Is this your channel? It looks like you have 45 subscribers, and your most popular video has 158 views. I personally would rather pay a channel that has an existing base of subscribers.  Finally: Maybe in the future paying 52% for travel expenses will be a good idea, but as Dogman said, there just isn't a lot of reach from this grant. I look forward to seeing you in Decentraland though, if you want to pop in and get to know us better!
2 project from Decentraland 5 new projects which will launch on Decentraland after Bootcamp 25 new projects which will launch on Decentraland after Knowledge Base And 30 spots to Live stream of entire Bootcamp 🤷♀️
youre goal is to only help 2 projects... would like to see a greater reach
Friends, why are you voting "no"? We want to help the Decentraland ecosystem grow. We aim to create a stack that enables more projects to launch on Decentraland with a higher level of quality. We also want to contribute to the entire web3 market with this effort. Our goal is to expedite the testing of hypotheses for projects, accelerate their launch process, and establish sustainable business models more swiftly. Decentraland is a part of the crypto world. Let's work together to bring closer the mass adoption that everyone is eagerly anticipating.
Voted Yes, Me and my team were invited to this event, and we got some insight beforehand on what the proposal is about, we will eventually attend if this proposal happens to pass for a duration of 3 weeks. looking forward to represent Decentraland and on making this happen.
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