Chapter One

Posted on Jun 13, 2022Read on Mirror.xyz

Studios Welcomes Teams to Inaugural Cohort

Announcing the Inaugural Studios Cohort

On March 9th we announced the launch of Studios, the $1M check web3 incubator designed for early-stage founders. Over the course of the following months, we read hundreds of applications and got to know dozens of teams building across identity, consumer applications, cross-chain interoperability, wallet & developer infrastructure, and DeFi.

We were extremely impressed by all applicants and were humbled by the overwhelming response of the applications. Thank you to everyone who applied, we truly enjoyed getting to know you.

Today, we are happy to announce the two teams we have chosen to partner with as we build the best companies in web3: @jamdotapp and @yamafinance. A little bit about both companies that we are so excited to build with.

Jam

@jamdotapp is a social crypto wallet where you can swap tokens, trade NFTs, and share alpha with friends. While web3 is inherently social, wallets today are single-player experiences. Built by co-founders @wawrencelu and @moerehman, Jam has found a wedge into making crypto fun, social, and easy for everyone.

Yama

@yamafinance is building an on-chain protocol that lets developers deposit money into anything on any chain from any chain. With Yama, teams don’t have to spend time integrating their codebases into disparate DeFi protocols. The same code can be used to deposit money into yield aggregators, lending protocols, and more. Built by co-founders @0xgodking and @zero_goliath, Yama brings true scalability and composability to DeFi.

Studios is excited to work together with Jam and Yama to onboard the next billion users onto crypto.

What’s Next?

The teams will be in stealth for the next 6 months as we build alongside our founders and help them reach key product milestones with expertise and web3 community. We will be taking our teams through a robust curriculum featuring sessions and workshops led by some of the best mentors in crypto. Stay tuned to find out who we’ve called upon to help Jam and Yama reach Product-Market Fit. 👀

Building Community around Studios and Staying Connected

Throughout the application process, we built and grew an incredible Telegram community with the teams who applied. The community is brewing, alive, and constantly growing with more Chapter One Studios Friends. We are calling everyone who wants to follow our Studios journey to join our community.

LFG.

A few months ago, we made an open call to build in web3 together at Chapter One. Today, we are starting that journey with two teams. Let’s get started.

Wagmi,

The Chapter One team