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However applications are accepted at any time and considered on a rolling basis
After graduating from DePIN Surf, join the most exclusive club in DePIN: The DePIN Surf Founder Network. Access alumni events and resources as you network with an elite group of DePIN builders.
The ethos of DePIN is community. The ethos of the accelerator is empowering DePIN builders through critical mentorship, funding and network development. DePIN Surf specializes in helping seed stage DePIN founders fundraise and exponentially grow their communities. Above all, joining the accelerator means joining a trusted community of founder peers that helps everyone to go faster together.
A six-to-eight week mostly virtual accelerator by IoTeX, ForesightX and FutureMoney Group.
WEEK 1
Hybrid
Meet the Cohort
Gather in person for a day of live programming and networking followed by launch-day demos.
WEEK 2-6
Virtual
Mentorship & Lectures
Example mentor-led workshops include: The key elements of an effective DePIN pitch, how to raise a series-A round, best practices in DePIN Tokenomics, growing a DePIN community from 1-100, DePIN hardware best practices. After group workshops, meet individually with mentors to go deep on your projects' individual needs.
WEEK 7
Demo Day Prep
Refine your narrative and story to both your investors and your community. Receive mentoring from messaging experts, founders, and VCs.
Demo Day at Token2049 in Singapore
Present your project live on stage to DePIN's leading investors at IoTeX's R3al World event at Token2049 in Singapore. After demo day, join the DePIN Surf virtual community day and kick off your community growth flywheel. Demo Day presenters become DePIN Surf Alumni DAO members – joining the most exclusive founder community in DePIN.
FAQ
Who should apply?
In short, any DePIN founder is welcome to apply! However, our program is most helpful to startups looking to raise funds in the next twelve months and who are at least open to using at least one part of IoTeX’s modular tech stack. This is not a requirement but we offer integration support for our suite of DePIN tools that range from a community points sand box, W3bstream (data middleware), and token launches on our L1. It would be a shame to miss out on all of that!
When does the program start?
Our first cohort officially launches at ETHDenver on February 28th! However, we will begin informal programing two-weeks prior and will stop considering applications for this cohort on January 29th.
How much does the program cost?
Nothing! We only require a $50k investment in your company at founder-friendly terms. Besides that, we ask founders to commit to a few hours a week and to attending all demo days. Despite our fairly low time requirements, we advise that you make room in your schedule to engage with the program as much as possible and support your other founders. We can guarantee that whatever you put into the program will come back to you many times over!
Is the program remote?
The program is mostly remote with the exception of in-person workshops at ETHDenver on February 27th and an in-person launch demo on the 28th. We also host in-person events at other major crypto conference where our founders have the opportunity to attend as VIP guests and connect with elite mentors and peers, but these are completely optional..
What are the next steps after I submit my application?
After you apply to the program, our team will start reviewing your application. This can take hours to weeks depending on the number of applications we have to review and how far you apply from the deadline. If we decide to proceed with your application, one of our team members will reach out and schedule an interview. Please have all your founders present for the interview. Final decisions are communicated over email.
How many projects will be accepted?
We are targeting ten projects in our initial cohort. However, if there is a preponderance of qualified applicants we will expand the number to twelve.
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