Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»MIT and Harvard alumni launch startup accelerator to support web3 founders
ADOPTION NEWS

MIT and Harvard alumni launch startup accelerator to support web3 founders

By Crypto FlexsMarch 9, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
MIT and Harvard alumni launch startup accelerator to support web3 founders
Share
Facebook Twitter LinkedIn Pinterest Email

Graduates of the Massachusetts Institute of Technology and Harvard have teamed up to launch a startup accelerator focused on supporting early-stage web3 startups associated with both institutions.

This accelerator, called the MIT x Harvard Blockchain Accelerator, is a non-dilutive program. That means we don’t invest in approved startups. “The accelerator doesn’t take equity in the startups we accelerate,” Sam Lehman, a core contributor to the accelerator, told The Block. “We have no plans to invest or provide grants in the short term. Our focus is purely on mentoring.”

Lehman, Luke Xie, and Hannah Shen from MIT and Liang Wu from Harvard are four key contributors to the accelerator.

The accelerator’s founding mentors come from one of the two organizations, including Tieshun Roquerre (aka “Pacman”), founder of NFT marketplace Blur and Ethereum Layer 2 Blast. Keone Hon and Eunice Giarta, co-founders of layer-1 blockchain developer Monad Labs; Kenny Li, co-founder of layer 2 network Manta; and Mirza Uddin, head of business development at Injective Labs, makers of the Cosmos-based layer 1 blockchain network.

Some unidentified members of cryptocurrency companies, including a16z, Avalanche, Dragonfly, Galaxy Digital, Nascent and Polygon, are also mentors in the accelerator. Lehman said it could not explicitly name these individuals because of the company’s policies.

To be part of an accelerator, a startup’s founding team must have at least one member associated with one of the two institutions, Lehman said. They can be current students (undergraduate or graduate), alumni, faculty, researchers and staff, he said.

Stanford University also operates a similar blockchain accelerator that has founded companies such as Modulus Labs, Nocturne, Zero Gravity, and Caldera.

First cohort of MIT x Harvard accelerator

The accelerator’s first cohort program is scheduled to begin next month and end in June. Key contributors are currently accepting applications. They, along with student club leaders from both institutions, will review all applications and make the final decisions on who to accept into the cohort, Lehman said.

When asked how the accelerator would benefit from being non-dilutive, Lehman said the program’s goal is “to make the MIT and Harvard alumni ecosystem and the broader Cambridge cryptocurrency ecosystem as strong as possible.”

Lehman is also a key contributor to the Beacon accelerator, launched in 2022 by Polygon co-founder Sandeep Nailwal. Beacon is part of Nailwal’s cryptocurrency venture arm, Symbolic Capital, which is also headed by Lehman. Lehman said the MIT x Harvard blockchain accelerator is “completely separate” from his work on Beacon.

Xie is also participating in Press Start Capital, a fellowship program or pre-accelerator for cryptocurrency startups. Lehman said Xie’s accelerator work is also completely separate from its work at Press Start.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025

Ether Leeum World Fair Announcement

September 24, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Navigating Policy & Regulation in Blockchain

September 23, 2025

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025

Moonbirds And Azuki IP Coming To Verse8 As AI-Native Game Platform Integrates With Story

September 23, 2025

Buying NFT is like buying a Mickey Mouse T -shirt and an IP.

September 23, 2025

ETH-Based Little Pepe Raises $26M In Presale

September 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025

Ether Leeum World Fair Announcement

September 24, 2025
Most Popular

ByBit’s Market Share Continues to Soar After FTX Incident

July 4, 2024

Xsolla Unveils Cross-Play and Cross-Pay Strategy for Enhanced Multi-Platform Monetization for Mobile Games

March 5, 2024

NVIDIA unveils cloud-native stack to improve AI application development

October 20, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.