New Acceleration Program for FUELARTS Is Launched, Powered by Tezos, the Industry’s Leading Energy-Efficient Blockchain.
The Fuelarts x Tezos Accelerator, which will be powered by the energy-efficient blockchain Tezos, will open in early 2023. FUELARTS is known for its analytical and educational brilliance in the Art+Tech & NFT market. The new initiative is an 11-week online startup acceleration program for enterprises in the Art+Tech sector that supports blockchain integration and Tezos success.
The Fuelarts x Tezos Accelerator offers ten selected Art+Tech firms a one-of-a-kind opportunity to enter the Tezos ecosystem. With the help of mentors, this initiative, which runs from February to April 2023, will enable startups founded on the Tezos blockchain to be put into action. Additionally, during the batch, businesses will enhance presentation skills in front of important Art+Tech investors, advance their marketing campaigns, and rewrite their business and financial models. The deadline for applications is December 31, 2022.
The blockchain of choice for artists worldwide is Tezos, which is also the home of some of the most exciting Art+Tech projects, such as CADAF, CIRCA Art, and fxhash. At the prestigious Art Basel Miami Beach this year, Tezos will be a partner and offer a speaker series in addition to curating an extremely interactive NFT-driven booth.
The acceleration program is divided into 4 parts:
Early-stage incorporated startups (Angel to Seed) with funding experience are accepted into the new accelerator program. This equity-free initiative will be very beneficial to firms in the Prototype+ development stage. The following value chain areas will be represented by startups in the Fuelarts x Tezos Accelerator: R&D, Trade, GameFi, Management, and Analytics. Startup founders will receive help from Tezos mentors in integrating tech tools successfully.
FUELARTS General Partner Denis Belkevich said:
“Tezos attracted more attention at Art Basel Miami Beach 2021 than a lot of the large galleries. Officials from Tezos affirmed that the company takes the art world seriously and aims to offer practical utilities for the art ecosystem during the Paris+ par Art Basel and Deloitte Art & Finance conference in 2022. We are excited to join forces in this collaboration and offer Fuelarts’ experience, knowledge, and community to the entrepreneurs in the art+tech space in order to provide them with tech, networking opportunities, and mentorship.
Valérie C. Whitacre, Trilitech’s head of art:
“Never before has the meeting point of art and technology spawned as many worldwide waves of innovation. With effective mentoring, creative funding options, and goal-driven outcomes, Fuelarts is paving the road for new technologies and projects to be developed. A robust creator economy has been spearheaded by the Tezos ecosystem, which also supports the traditional creative sector’s resource development and educational needs. The partnership between Fuelarts and the Tezos ecosystem honors the pioneers who forged new paths for these two industries, igniting upcoming initiatives, ventures, thought leaders, and tools for the next generation.
Each company team will discover its market fit, fine-tune its business model and GtM strategy, incorporate blockchain tools powered by Tezos, and discover new investment prospects thanks to this acceleration program.
What Fuelarts is
An investment platform with a focus on the art+tech sector is called FUELARTS. Its goal is to assist the growth of an emerging Web3 ecosystem by providing funding for risk-taking business owners as they create a more effective, open, and accessible art market. Denis Belkevich, a seasoned businessman, and Roxanna Zarnegar, a former senior vice president of Artnet and COO of Christie’s Americas, created Fuelarts in 2019. From 2022, Fuelarts combines an accelerator for art+tech and new media technologies with a dedicated venture capital fund and a research division that produces reports on the art+tech market.
Tezos is smart money that redefines what it means to own and trade value in a world where everything is connected to the internet. Tezos is a self-upgradable, low-energy Proof of Stake blockchain with a track record that easily accepts new technologies without causing network outages today.