metadata: {"type": "project", "title": "VENTURE\u157d", "logoImg": "bafkreic73z4vuxdfevgwbg64r2k3wra54cuh2mwcj4wh4rsxzbznpnzhke", "website": "https://venturetothex.com", "bannerImg": "bafkreietdkrhxf4d6wlcku5qpfnx2anpegv3fipjsqlkzcxbpfyjzqsnim", "createdAt": 1691802078034, "userGithub": "tingw_xyz", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..P0zM3H9byutrBKwud8qMt5UPB9wzeX0p5qClpkupvLYW5tw_sZ8Jf8baZPn4tRFxV5bSvz3g8ouj7KI-tPAzDg", "type": "Ed25519Signature2018", "created": "2023-08-12T00:30:51.186Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-08-12T00:30:51.186Z", "expirationDate": "2023-11-10T00:30:51.186Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x05fC26074f17a7f496cA869171b52a92A3912AF4", "hash": "v0.0.0:Ca1V7OL54rxScKVcQHKXanXvcDAGpSgSAD7lLlpANng=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#venturetothex"}}}, "description": "# We envision an equitable future where everyone has the power to bring their ideas to life.\n\nWe believe in challenging existing systems that are not accessible to all.\n\nWe believe that entrepreneurship is not reserved only for those who have access to higher education (prestigious universities), network, and wealth.\n\nAt Venture to the X, we\u2019re co-creating a new system\u2014**collective venturing**. \n\nWe strive to be accessible, collaborative, and transparent in all we do: content and media, founder community, and funding opportunities.\n\nWe\u2019re a multimedia venture network for founders (think media company x venture studio). We help early-stage web3 founders tell their stories, learn and collaborate together.\n\n\n# The traditional VC model is not accessible.\n\n### Problem\n\nThe traditional VC model applies to *less* than 1% of founders; yet, private institutional capital dominates research, media, and public attention. Most founders are self-funded, and the majority of would-be founders never start due to lack of access to funding.\n\nUnmet Needs:\n- Access to education\n- Access to network \n- Access to funding\n\n![0.5% of entrepreneurs raise venture capital](https://drive.google.com/file/d/1Gc5-28aVGDBk3i1B5xSkkH_HhdU-Abqp/view?usp=drive_link) [View graphic](https://drive.google.com/file/d/1Gc5-28aVGDBk3i1B5xSkkH_HhdU-Abqp/view?usp=drive_link)\n![83% of entrepreneurs self-fund](https://drive.google.com/file/d/12f-Tre-yt55X7ZXCZhJX_zTsjaPIeJQx/view?usp=drive_link) [View graphic](https://drive.google.com/file/d/12f-Tre-yt55X7ZXCZhJX_zTsjaPIeJQx/view?usp=drive_link)\nSource: [Ewing Marion Kauffman Foundation](https://www.kauffman.org/wp-content/uploads/2019/12/capital_access_lab_exec_summary_FINAL.pdf)\n\n![61% of Americans have at least one business idea](https://drive.google.com/file/d/1JHkpOiTbVChvXk56n2d78UkghDzP4kPJ/view?usp=drive_link) [View graphic](https://drive.google.com/file/d/1JHkpOiTbVChvXk56n2d78UkghDzP4kPJ/view?usp=drive_link)\n![92% of would-be founders never follow through on their business ideas](https://drive.google.com/file/d/1FnSbfpFGBlq0TqFVO8xy8BS1y9zN6r1P/view?usp=drive_link) [View graphic](https://drive.google.com/file/d/1FnSbfpFGBlq0TqFVO8xy8BS1y9zN6r1P/view?usp=drive_link)\nSource: [Zapier-Commissioned Harris Poll](https://zapier.com/blog/potential-entrepreneurs-report/)\n\n\n# We\u2019re co-creating a new system\u2014collective venturing.\n\n### Solution\n\nCommunity members will innovate and market together. We will use the power of media to make the content accessible to more people and bring visibility to projects.\n\n- Education \u2014 Produce engaging, high-quality educational content and media.\n- Network \u2014 Curate a collaborative and connected network of founders, funders, and supporters.\n- Funding \u2014 Provide a living stipend to founders-in-residence.\n\n### Progress\n\n![Builder to the X Season 1](https://drive.google.com/file/d/1Kb-xUYdbBnn7phq_oo3cXHOkJqD8OBS6/view?usp=drive_link) [View graphic](https://drive.google.com/file/d/1Kb-xUYdbBnn7phq_oo3cXHOkJqD8OBS6/view?usp=drive_link)\n\nIn May, we launched our inaugural show, Builder to the X, to support founders by giving them a platform to tell their stories and share the wins and challenges of their first year building in web3.\n\n- [Youtube](https://youtube.com/playlist?list=PLSh6brMFbKmx0wDeZLc9Uc89jASoXEoEv)\n- [Lenstube](https://lenstube.xyz/venturetothex.lens)\n- [Spotify for Podcasters](https://podcasters.spotify.com/pod/show/venturetothex)\n\nBy the end of the year, we plan to launch our second show, highlighting the journeys of 1-3 people launching a web3 business around the theme of \u201c**Building for an Open Web**.\u201d We will guide them through the process of ideating and validating their ideas. Video content will be released on Youtube, Lenstube, and other social media, documenting the process, interviewing participants, and explaining project ideas.\n\n- Education \u2014 Provide a structured process and facilitate collaboration and learning by building together to gain knowledge, experience, and skills.\n- Network \u2014 Provide a fun and supportive environment for people to learn by building together in public.\n- Funding \u2014 Provide a small stipend to participants, made possible through this grant.\n\n\n# Let\u2019s build an equitable future together.\n\n### Budget\n\nThe grant will be used for content and video production and a stipend to the participant(s).\n\n- $12,000 funded \u2014 feature 1 founder in 5-10 videos\n- $24,000 funded \u2014 feature 2 founders in 10-20 videos\n- $36,000 funded \u2014 feature 3 founders in 20-40 videos\n\n*If the grant received is significantly less than the funding goal, then the funds will be reallocated for content and video production for Builder to the X.*\n\n### Team\n\nTing is an award-winning brand experience designer and strategist in tech with 15+ years of experience in media and marketing. She is the former head of global brand experiences and innovation at Twitter. She was a founding partner of a VC-backed social impact startup, accelerating movements around society\u2019s most pressing issues. She lives at the intersection of community, culture, social impact, and tech. [Twitter](https://twitter.com/ting)\n\nNate is a startup catalyzer for good, with 10+ years experience of helping people flourish, whether in web3, social entrepreneurship, or the nonprofit sector. He led learning experiences with [CCS](https://society.mirror.xyz/) (Crypto, Culture, & Society) on social impact and systems transformation and video production for [Forefront](https://www.forefront.market/)\u2019s Web3 Creator Residency. Other experience includes coaching and nonprofit work. His education is in film and business. [Twitter](https://twitter.com/nathansvan)\n", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "venturetothex"}
name: VENTUREᕽ