Jur Releases a Startup Society Founders’ Program to Support Web3 Developers
The Swiss-based Layer 1 blockchain company Jur has launched a Startup Society program for Web3 developers and influencers. Jur plans to reward Web3 developers with incredible ideas that will provide the solutions necessary to address life challenges.
A March 7 statement by the Jur management urged the best-performing Web3 developers to submit their proposal on the company website.
The upcoming startup society program will reward the best developer with $10000 and long-standing financial support to enable them to establish a startup society. The Jur team plans to launch a grant program to stimulate the growth of the Web3 space.
Nature of Startup Society
The Jur team confirmed that the upcoming projects aim at upholding community development projects by embracing shared values and goals. The awaited startup societies contradict the decentralized autonomous organization’s (DAO) operation since it allows the developers to oversee the program’s running.
The March 7 report argues that the upcoming startup society is more flexible in managing and operating than the DAO ventures. The Jur management plans utilize its DAO 2.0 platform to boost Web3 experiences by creating a unique blockchain governance model necessary for the community to navigate the crypto space.
Startup Society Application Requirement
The March 7 announcement conveyed by Jur encourages the Web3 programmers, creators and community members interested in DAO and blockchain technologies to participate in the Startup Society program actively. The Jur group assured the interested developers would be provided a platform to run their projects in a societal model setting.
Furthermore, the team plans to award the top five projects with creative, cutting-edge technology from $2000 to $10000. An official announcement from the founder of Jur Alessandro Palombo revealed the race to widen the Web3 presence necessitates crypto firms to prioritize improving governance framework and community well-being.
Palombo argued that Jur’s recent move will encourage developers to invest more in innovation to develop infrastructures essential in transforming the Web3 space. He assured the participants that the startup society program would align with the company’s values and goals.
The team tasked to select the participants are encouraged to uphold ethical standards such as transparency when executing their duties. The Jur community volunteers are mandated to identify and review the ten best proposals submitted by the developers.
After selection, the Jur team will submit the proposal to the judges. This team will work closely with fast-growing tech firms, including the ETH Community Fund, The Network State and among others.
Importance of Startup Society
In addition, the Jur team has engaged the top executives from Energy Web, Draper Investment, and Ocean Protocol, who will leverage their vast expertise in Web3 to select the top five winners. The report revealed that Jur had challenged Tim Draper to lead other judges, including Ed Hesse and Trent McConaghy, to determine the award winners. The selected Web3 developers will showcase their projects on the demo day.
The founder of Energy Web, Ed Hess, was pleased to announce that the startup society provides the developers and the community with multiple opportunities to work towards attaining the shared goal. Hess remains optimistic that Jur has joined other blockchain firms to develop projects, tools and infrastructure necessary to improve the Web3 space.
According to Hess, he is eager to see the ideas to be presented by the Web3 creators. Meanwhile, interested Web3 enthusiasts can submit applications on Jur’s startup society portal. The application process will be closed on March 31.
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