VeChain has announced the VeFounders program aimed at supporting a new wave of blockchain entrepreneurs. The program offers participants the chance to gain control over a developed VeBetter application.
Overview of the VeFounders Program
The program offers shared governance of the asset initially, transitioning to full control over operations, community, and treasury management. VeFounders is described as a 'bold approach to launching Web3 businesses', providing both experienced and new entrepreneurs the opportunity to develop ideas using existing working applications.
Sunny Lu's Quotes on Entrepreneurship
Sunny Lu, co-founder and CEO of VeChain, highlighted the importance of aspects such as financing, strategy, and the human factor in entrepreneurship in his open letter. He remarked that 'every founder begins as a doer' and emphasized the importance of empowering others to grow alongside. Lu compared the founder's experience to climbing a mountain, where 'the path may be steep, but the scenery is rewarding'.
Significance of the Program for Web3
The VeFounders program is designed to foster the entrepreneurial spirit in Web3 by providing prepared applications, initial mentorship, and a path to full autonomy. Lu underscores that starting and running a business can be challenging, but such experiences can be transformative and inspiring.
VeChain's VeFounders program offers unique opportunities for emerging Web3 entrepreneurs by connecting ready-made applications with support and mentorship, potentially fostering the growth of innovative solutions in the blockchain space.