Adaverse, the Cardano-backed Accelerator Launches Startup School For Web3 Founders in Africa

Adaverse Accelerator
4 min readMar 10

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PRESS RELEASE — March 10, 2023

We are beyond thrilled to announce the launch of our Startup School, an educational arm of Adaverse that will feature a podcast and a resource hub for young entrepreneurs in Africa.

The Startup School webinars will host accomplished entrepreneurs, industry thought leaders, and blockchain experts from across the globe to teach valuable insights and useful industry tips for starting and growing successful Web3 businesses.

Until now, there has been a distinct lack of material tailored to African entrepreneurs, especially in the crypto space. The rising startup market in Africa is projected to be worth over $300 billion by 2025. In 2022, African startups raised $5 billion; however, in terms of funding and unicorn startups, the continent is still behind. In contrast to the United States with over 250 unicorns and China with 100, Africa produced only 5 unicorns in 2022, from Nigeria and Egypt.

Our aim with the Startup school is to provide builders with knowledge, insight, and advice to optimize their efforts while navigating the African market with a global focus, increasing their chances of growing into unicorns. The Startup School webinars will be accessible across popular podcast streaming platforms including iTunes, Apple Podcast, and Spotify.

To get notified of the debut webinar release, sign up here: https://airtable.com/shr6RKqhEwWy0I0sR

Big things are happening at Adaverse this year

Our website is getting a new look to accommodate more startup-focused resources; we are expanding our support network into more African countries, spotlighting the amazing Web3 solutions through our BuildUp Africa podcast; and now, we have launched a Startup School to bridge the knowledge gap for young entrepreneurs with huge dreams, including first-time founders who have brazenly embraced blockchain innovation.

Adaverse Startup School will feature a weekly educational webinar covering a range of topics led by experts in various fields that dive into the different aspects of starting a company in the web3 sector and scaling in emerging markets. The webinars will be hosted by George Payne, Adaverse Venture Partner and expert podcaster. Each episode will explore the fundamental components of building a highly successful Web3 business, managing growth expectations, creating result-driven strategies, and maintaining a healthy work-life balance as a founder.

Our newly updated website will be home to the Startup School Resource Hub, a repository of support materials, tools, guidebooks, and information that contain a variety of resources such as pitch decks and business plan templates, financial modelling tools, blockchain encyclopedia, tokenomics, legal guidance, market research data, and training manuals that help transform business ideas into successful ventures.

Entrepreneurship is a tough nut to crack

Out of everyone that dares to build a solution, only 10% of startups eventually succeed. One of the significant factors in achieving startup success hinges on access to abundant resources for rapid scaling and growth during the critical early years. As a Cardano-backed accelerator, we are dedicated to sustaining and supporting young entrepreneurs in their most delicate years. Adaverse Startup School is directly linked to our venture capital fund and the 3-month accelerator program, participants are encouraged to apply for Adaverse funding while they build capacity through the weekly webinars.

Adaverse is open to applications from founders all year round. Apply for funding here.

About Adaverse

Adaverse is a Cardano ecosystem accelerator, leading the venture capital landscape in Africa to drive the development of blockchain technology on the continent. Adaverse provides access to funding, mentorship, and a wide range of resources to support the growth of Web3 businesses in Africa. Since its launch in 2021, through a joint venture partnership between EMURGO Africa and Everest Ventures, Adaverse has backed 30 high-promising companies building revolutionary solutions through blockchain technology across 10 sectors in 8 African countries, including Nigeria, Ghana, Zimbabwe, Cameroon, and Egypt.

Last year, we doubled down on our mission to be the foremost venture studio for Web 3.0 startups, and we are advancing in our commitment to the industry to empower entrepreneurs to build formidable companies out of Africa. Through initiatives like the Startup School and BuildUp Africa podcasts, Adaverse is forging a strong blockchain ecosystem in Africa to catalyze the region’s transition to a more equitable and decentralized future.

To get notified of the debut webinar release, sign up here: https://airtable.com/shr6RKqhEwWy0I0sR

Official Links

Homepage: Adaverse.co

LinkedIn: Adaverse

Twitter: Adaverse_Acc

Facebook: Adaverse Accelerator

Instagram: Adaverse_acc

YouTube: Adaverseaccelerator

Startup School: Adaverse Startup School

BuildUp Africa Podcast: BuildUp Africa

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Adaverse Accelerator

Adaverse is a Cardano Ecosystem Accelerator that aggregates entrepreneurs, strategists and mentors building its most robust foundation in Africa.