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Presents

PolygonLEAP

2021

#Bridge2Web 3
Scale your web 3.0 startup with Polygon and get
up to $12Million* in funding!
Registrations open till 04th of February

Powered by

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*These investments are contingent on the due diligence process and investment thesis fit
Accelerate your web 3.0 innovation with Polygon!

If you are an innovator in Web 3.0 or are aspiring to be one, we invite you to join PolygonLEAP 2021 to bring more adoption to the Web 3.0 ecosystem with Polygon. This programme takes seed and validation-level startups into an acceleration period and brings them in front of the right people to kickstart their journeys.

 
Funding Opportunities of over 

 $12Million*

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What we're looking for

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A novel blockchain/Web 3.0  idea

You’ve identified a problem that decentralization can solve and have a clear vision of a working solution

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A purpose-driven team

The founders’ team must have the vision and industry knowledge to execute their project

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Need for Decentralisation

Your product or service uses Blockchain technology

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Early/Seed stage startup

Your project is at an early stage - developing a business model, go-to-market strategy and MVP

 

Why should you sign up for PolygonLEAP 2021

Upto $9 million* in funding

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Technical support to integrate with Polygon

Marketing and PR support

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Mentorship from champions in the startup and web 3.0 space

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Go-to-market support with access to the Polygon ecosystem

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Solutions we are looking for

Entertainment

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If you’re building awesome products like Games, Streaming Services, NFT products etc, we want to meet you!

Mobile First Applications

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Any decentralised application designed to be used primarily on a mobile device can greatly benefit from Polygon’s network support and ecosystem

Decentralised Finance

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Looking for a trusted network to support your application’s DeFi functions? Build on Polygon and unlock the PolygonLEAP2021 grant to take your DeFi app to the next level

Open Innovation

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If you’re building something we haven’t covered yet,  this track is for you. Show us new innovations that you can bring to the Web3 world and we'll help you take it to the next level

 
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FounderHUNT

Founders Wanted!

 

We’re looking for a founder who would like to join Love-a-Bot as a co-founder along with Kunal Kapoor! We’re looking for an able co-founder who will be able to help Kunal run and scale Love-a-Bot. You will also have the chance to own a significant percentage of the project and pour in your heart, soul and sweat into the LAB(Love-A-Bot) project.

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Signing Bonus - $25,000

We are looking for an entrepreneur who

  • Has a deep understanding of NFTs

  • Believes in LAB philosophy

  • Wants to build the tech, community, and economics

  • Someone who understands culture

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Accelerator Roadmap

08 Dec 2021

Launch of the accelerator

08 Dec 2021

Registrations open

16 Dec 2021

Kick off meetup

04 Feb 2022

Closure of the dealflow

21 Feb 2022

Announcement of the cohort

21 Feb 2022

Bootcamp commencement

21 Mar 2022

Startup selection

02 Apr 2022

Demo Day

 
Partners
Investment Partners
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Incubator Partner
Community Partner
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Mentors
Sandeep Nailwal
Arjun Kalsy
Hemant mohapatra
Saurabh Sharma
Himanshu Yadav
Abhijay Thacker
Florian Reichert
Tak Lee
Raghu Mohan
1/1

Sandeep Nailwal

Co-founder & COO, 

Polygon

Arjun Kalsy

VP Growth,

Polygon

Hemant Mohapatra

Saurabh Sharma

Partner,

Lightspeed

Partner and Crypto Lead,

Jump Capital

Himanshu Yadav

Founding Partner, Woodstock Fund

Abhijay Thacker

Picus Capital

Florian Reichert

Partner & managing director Picus Capital

Tak Lee

Venture Partner

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Raghu Mohan

Co-founder,

Builder’s Tribe
 

 
About

Polygon aims at expanding the potential behind the blockchain startup ecosystem and enabling them to build various decentralized solutions in the Polygon ecosystem. The winning startup stands to receive from a pool of $9 million* as well as mentorship, guidance, ecosystem support, and marketing support during the course of this accelerator

Frequently asked questions

What is Polygon?


Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting two major types of solutions: Secured chains (aka Layer 2 chains): Scaling solutions that rely on Ethereum for security instead of establishing their own validator pool. Polygon will support other major Layer 2 solutions such as Optimistic Rollups, zkRollups, Validium, etc, thus basically becoming a one-of-a-kind “Layer 2 aggregator”. Secured chains are a good fit for (1) applications that require the highest level of security and (2) startups, i.e. young projects and communities (unable to establish a sufficiently decentralized and secure validator pool. Polygon has acquired Hermez, a decentralized zero-knowledge rollup that greatly scales and reduces the cost of payments and transfers on the Ethereum network. Polygon Hermez inherits its security from Ethereum Layer 1. Polygon Hermez's mission is to create an inclusive, resilient, and highly efficient payment network for the next generation of digital currencies to ensure everyone has the freedom to transact. The Polygon Hermez team will focus on developing an advanced version of its zkRollup for payments, as well as delivering a zkEVM: a fully compatible zero-knowledge Ethereum Virtual Machine. Stand-alone chains (aka Sidechains): Sovereign Ethereum sidechains, normally are fully in charge of their own security, i.e. with their own validator pool. Stand-alone chains offer the highest level of independence and flexibility, with the tradeoff of a normally lower level of decentralization and security. These chains’ architecture can be adjusted so they at least partially inherit security from Ethereum. One good example of such architecture is the aforementioned Matic POS Chain which uses Ethereum for validator staking and periodical finality checkpoints. Stand-alone chains are often a good fit for (1) enterprises, (2) projects that do not require the highest level of security, and (3) established projects with strong communities (capable of running a sufficiently decentralized and secure validator pool). Additionally, Polygon SDK will support and offer a number of auxiliary solutions and products which will extend Polygon functionalities, improve the developer experience and introduce support for specific use cases. Examples of such solutions and products include: Inter-chain messaging protocols and modules; Data availability services; Shared security services; Adaptors for external blockchain networks; App-specific modules; Enterprise modules and products; Premium products and solutions etc. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche, etc, but with at least three major upsides: It is able to fully benefit from Ethereum’s network effects. This is because it is built as an integral part of the Ethereum ecosystem, while the aforementioned projects are competing ecosystems built from scratch. It is inherently more secure. Polygon uses Ethereum, the most secure and battle-tested programmable blockchain in the world, as the economic hub and source of security. In contrast, the competing projects use recently launched and less expressive chains for this purpose. It is more open and powerful, primarily in terms of the architecture types it can support. This is because (1) Polygon is built on Ethereum, so it can trivially incorporate basically any scaling or infrastructure solution from the Ethereum ecosystem, and (2) we fully adopt Ethereum’s ethos of open innovation and we designed Polygon with it as one of the main design goals. An important and little-known fact to note here is that Ethereum is already the biggest multi-chain system in the world. Its ecosystem organically developed and grew and it currently encompasses: 50+ EVM networks (source); Hundreds of enterprise chains; Dozens of Layer 2 implementations. With Polygon, we are introducing structure to this organic ecosystem and providing a framework to grow it further and faster.




I have a startup idea that I haven't implemented yet. Can I still apply?


PolygonLEAP 2021 Accelerator is best suited for startups that are at the Proof Of Concept level. But, technically, we will consider your application if you have a product ready to integrate with Polygon by the end of May. We encourage you to pursue your passion and apply. 🙂




How much funding will my startup get?


We're sure that you're working hard to build a great product for your startup. If you're able to deliver this effort in terms of a great product with a relevant blockchain use case, and a market research that validates your product, you are eligible to get funded from a pool of $250k from Polygon and upto $9M+ from investment partners contingent to their due diligence process and investment thesis fit.




Does my project have to have a blockchain usecase?


Yes, yes, & a 1000x yes! 😄




Do I have to build on Polygon to be a part of this accelerator? And will I have to do it all by myself?


Yes, you will have to build on the Polygon. And we'll be there to lead you along the way. PolygonLEAP 2021 Accelerator will offer the technical support that you need to integrate with Polygon and build your solutions.




Is there a minimum team size for this accelerator?


No. We also encourage solopreneurs to participate as well.




I am a student. Can I (my team) still apply?


PolygonLEAP2021 Accelerator is open to anyone who can dedicate the time it needs to help you scale up. If you (and your team) fit this bill, apply RN! ✌🏽




What kind of blockchain projects can apply for the Accelerator?


Any project with a relevant blockchain use case is welcome to apply. Your project can be based on NFTs, social tokens, dApps, decentralised exchanges, etc. If you have something innovative and novel, apply already! We'd love to support your project.




I have more questions that your FAQs don't cover! Where can I get in touch with you?


Great point! We're looking forward to connecting with you and answering your questions. Hit us up here kaavya@lumoslabs.co https://discord.gg/polygon https://t.me/polygonofficial