Excited to announce that we at @meritsystems have raised $10m from our friends at a16z crypto and Blockchain Capital (with participation from @dwr.eth) to accelerate what we are calling Open Source Capitalism.

Open source software is eating the world. It empowers every major company - and supports trillions of dollars of value every year. It’s a lever on the world - the way to make more with less. What if we could give it superpowers?

We are a team of open source veterans with a fresh perspective on capital formation. @samrags and I worked together at a16z as hybrid engineers/investors, and @rfs comes from Blockchain Capital and AWS before that.

0. hello world computer, and welcome to the new Ethereum Foundation Farcaster account

Founders

Applications for CSX Spring 2025 are now open!

Our Crypto Startup Accelerator (CSX) program provides expert guidance, capital, and resources for founders of early-stage crypto startups.

More details about the program:

→ Will be held in San Francisco 🌁

→ Minimum of $500,000 investment 

→ The nine-week, in-person program will start in April and end with a Demo Day in June 📣

→ Participants receive hands-on guidance, mentorship, and inspiration from some of the best leaders and operators in crypto today 🫡

→ Application will remain open until February 7th 📜

Apply here: http://apply.a16zcrypto.com

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None of the above should be taken as investment advice or an advertisement for investment services; please see https://a16z.com/disclosures/ for more information.

Degen

https://frames.neynar.com/f/40824923/716da1a6

fang18

@fang18