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While the YC model of fueling and funding startups has proven to be a successful one — the evolution from Web2 to Web3 is transforming the speed, process, and formula in how we accelerate ideas into reality.

1) Goodbye Equity, Hello Tokens.

A buzzword to some, the mark of a new era of the internet to others — the term “Web3” was a growing trend around the tech scene throughout 2021.

2) Community Owned > Investor Owned

Web3 not only challenges how we define ownership from a technical term, but how people can earn it and who should get it.

3) DAO or Never

From the admissions process to the hierarchical structure, YC operates in a centralized manner similar to the startups it serves — and rightfully so.

4) Inclusivity > Exclusivity

With less than 2% of all applicants accepted into Y Combinator, getting into a prestigious Y Combinator batch of startups is worthy of praise.

5) Dynamic Valuations > Fixed Valuations

YC has found a sweet spot for risk/reward by focusing on projects near the seed stage valuations.

6) Innovation Never Sleeps

Y Combinator currently accepts projects in batches two times a year.

7) Liquidity, liquidity, liquidity.

Whether through an acquisition or an IPO, while YC may, when Y Combinator invests in a startup — it could be months, years, or even decades before this equity becomes liquid.

Permissionless Innovation.

The next Vitalik Buterin (Ethereum), Stani Kulechov (Aave), or Andre Cronje (Yearn Finance) won’t be applying to a Web2 accelerator.

What is Blockzero Labs?

Blockzero Labs is a decentralized and community-owned accelerator.