Draper University To Invest in the Stellar Ecosystem with New Accelerator Programs Focused on AI and Soroban
May 14 2024 - 10:00AM
Draper University, a leading blockchain education and acceleration
program, today announced its support in growing
the Stellar ecosystem through the launch of the Draper
University x
Stellar Astro Hacker House and the Draper
University x Stellar Embark Accelerator Programs. These
groundbreaking initiatives will positively impact up to 80 startups
building on the Stellar network over the next two years, further
boosting adoption of Soroban, the innovative scalable smart
contract platform on Stellar, and helping to position Stellar as a
leading blockchain for AI integration.
This collaboration highlights Draper
University's continued commitment to fostering blockchain adoption
and supporting promising networks like Stellar, ensuring a bright
future for startups building blockchain-based products and
services. The Stellar Hacker Houses and Accelerator Programs will
offer two distinct programs designed to empower founders at various
stages of their entrepreneurial journey:
- Draper University x Stellar
Astro Hacker House: This three-week residency program in
Silicon Valley provides early-stage founders with the vital tools
and crucial guidance they need to develop their initial blockchain
ideas (MVPs). Participants will gain foundational entrepreneurship
skills alongside technical expertise in building businesses on the
Stellar network, with a particular focus on integrating AI
functionalities. They'll also have the opportunity to network with
like-minded entrepreneurs, building important connections for their
futures.
- Draper University x Stellar
Embark Accelerator: This flagship accelerator program
caters to high-growth startups leveraging smart contracts, the
convergence of AI and blockchain, or targeting enterprise and
creator adoption on the Stellar network. The program equips
founders with a wealth of resources needed to scale their
businesses on the Stellar network, with a deep dive into utilizing
Soroban capabilities to create groundbreaking business models. This
includes access to industry experts, thought leaders, and a network
of open-minded investors.
"We're thrilled to partner with the
Stellar Development Foundation to cultivate the next generation of
blockchain pioneers focused on harnessing the power of AI and
cutting-edge smart contract platforms like Soroban," said Asra
Nadeem CEO Draper University. "This program represents a
significant investment by Draper University in the Stellar
ecosystem. We believe Stellar is poised for tremendous growth, and
we are committed to supporting the development of innovative
applications that leverage its unique capabilities."
“Soroban is the intuitive, accessible,
batteries-included smart contract platform builders need to bring
the next generation of blockchain-powered solutions to market,”
said Jason Chlipala, Chief Business Officer at the Stellar
Development Foundation. “This collaboration with Draper University
is an opportunity to introduce the latest in smart contract
technology to a world-class accelerator program, and bring tailored
support and mentorship to some of the most promising founders in
web3.
Visit https://draperuniversity.com/stellar to learn more
and apply today!
About Draper UniversityFounded
in 2012 by legendary Silicon Valley venture capitalist Tim Draper,
Draper University is transforming the way entrepreneurship is
taught globally. Through hands-on training, an innovative
curriculum, and a focus on thought leadership, Draper University
fosters a collaborative environment where young participants,
startup founders, executives, and investors can connect and thrive.
Draper University boasts a proven track record in blockchain
education, having successfully partnered with leading protocols
like Tezos, Algorand, and VeChain, as well as government agencies
entering the space.
About Stellar Stellar is
more than a blockchain. Powered by a decentralized, fast, scalable,
and uniquely sustainable network made for financial products and
services and a thriving and passionate ecosystem that includes a
non-profit organization driven by a mission, Stellar is paving the
path to unlock the world’s economic potential through blockchain
technology. Built with speed and low costs in mind, the Stellar
network provides builders and financial institutions worldwide a
platform to issue assets, and to send and convert currencies in
real time creating real world utility. Founded in 2014, the Stellar
Development Foundation (SDF) supports the continued development and
growth of the Stellar network and also serves the ecosystem of
NGOs, corporations, universities, small businesses, governments,
and solo entrepreneurs building on the Stellar network through
tooling, funding and strategic collaborations. Together, Stellar is
where blockchain meets the real world.
Carly Martinetti
Draper University
carly (at) notablypr.com