Thesis

Useful first. Blockchain second.

We back founders building on-chain products that people outside crypto will actually use, and we help them get to market fit faster.

The argument

The technology is ready. The founders need a runway.

Blockchain infrastructure now settles in seconds for a fraction of a cent. What is scarce is teams that can turn it into products ordinary people use.

Those teams are forming across Asia-Pacific. Most start with strong engineering and little help with the business around it: token design, go-to-market, raising the next round.

An accelerator closes that gap faster than a cheque alone.

Two ways to build on-chain
DimensionSpeculativeAdoption
First userA traderSomeone with a problem
Token roleThe productServes the product
Success looks likePriceRetention and usage
Next roundLiquidity eventEvidence of demand
A circuit board photographed in close-up
Infrastructure Fast finality, low fees
A founding team seated around a table mid-discussion
Founders The scarce input
What we look for

The AXL selection test.

Five questions every application has to answer.

The AXL test
ProofThe question
TeamAre the founders full-time, and can they ship without us?
ProblemWho has this problem today, and how do they solve it without a blockchain?
Why on-chainWhat does the chain make possible that a database cannot?
Adoption pathHow does a user who has never held a wallet get to the first action?
Twelve weeksWhat would the program change that the team cannot change alone?
Why Algorand

The chain for the first program.

Our first accelerator was run with the Algorand Foundation. These are the properties founders built on.

Fast finality

Transactions are final in seconds, with no forks to wait out. A payment is done when it is done.

Low, predictable fees

A fraction of a cent per transaction, so a consumer product can pay for its users.

Native assets

Algorand Standard Assets issue tokens and NFTs at the protocol layer, not in custom contracts.

Smart contracts

Programmable applications for DeFi, identity and real-world assets.

Pure proof of stake

Security spread across token holders rather than a small group of miners.

An ecosystem to plug into

Wallets, exchanges, grants and governance programs that new teams can use on day one.

Our longer case: Why build your start-up on the Algorand blockchain?

Risks we take seriously

What goes wrong at this stage.

Most early blockchain companies fail for reasons that are not technical.

  • Token before product We push back
  • Regulation shifting under the model Planned for early
  • Liquidity that leaves with the incentives Tested in the curriculum
  • Single-chain dependency Discussed openly
  • Founders who are part-time We pass
  • A market that is only other crypto users We ask who is next
Legal paperwork and figures laid out on a desk
Plan early Structure and compliance from week one

Does your company pass the test?

Tell us what the chain makes possible for your users.