FREQUENTLY ASKED QUESTIONS

1. What is METARISE?

As of May 2022, there are only about 30,000 monthly active developers in web3 - of the 30-odd million developers globally. Only 0.1% of developers work in web3, and this doesn’t account for other contributors such as strategists, marketers, designers, and so on.

The web3 talent shortage is a challenge for ecosystem builders, but also represents a significant opportunity, with web3 expected to grow at mid-double digit growth rates through to 2030. 

METARISE is a community-owned web3 education ecosystem, accelerator, and venture fund, focused on identifying, attracting, developing, and supporting the next generation of web3 talent and projects. 

Think of us as General Assembly meets Techstars, except with a tokenized business model where all contributors get to influence and share in the upside of what we’re collectively building. 

2. What can you do for us?!

  1. 1. Access web3-specific education.
  2. 2. Fast-track your early-stage idea with our hackathons and accelerator programs.
  3. 3. Tap the knowledge and networks of our growing pool of coaches and mentors from Animoca Brands, The Sandbox, Dapper Labs, Enjin, Lympo, MintGate, InVision, Harmony protocol, Global Coin Research, Krause House, and more.
  4. 4. Get introduced to some of the biggest web3 investors in the world - we have developed relationships with the likes of Sequoia Capital, MultiCoin, Shima Capital, OP Crypto, and others.
  5. 5. Pitch for funding from us.
  6. 6. Earn our native METARISE tokens, and get financial exposure to the tokens of about 200 startups that we incubate over 5 years, in addition to our accelerator profits and staking income.
  7. 7. Get featured in our podcast, blog posts, and email newsletters - past pod guests include the founders of The Sandbox, Crypto Voxels, RFOX, Minds, and more...

3. How does your startup token pool work?

Every startup that participates in our programs will be asked to pledge 2% of its native token. Tokens will be locked up for 12 months, or longer, pursuant to a startup's own lockup period.

Startups will receive $METARISE tokens in exchange, which will be locked up for a period of 3 years.

$METARISE tokens give all startups exposure to our entire incubator alumni, as well as a share in accelerator profits and staking income.

If you haven’t launched your token yet, that’s okay. We can enter into an agreement for this to take place upon token generation event.

4. Do we have to apply to participate in your accelerators?

Yes. Our accelerators have a theme and are typically sponsored by a network or protocol ecosystem development fund who might pose one or more challenges for startups to solve.

We evaluate startup applications based on myriad factors including team, traction, and challenge-solution fit. 

5. I have more questions.

Join our Discord and chat with us today!