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I worked at crypto VC for 2 years and went through hundreds of different protocols. One thing I can say for sure is that general accelerators absolutely don't matter.
There is not a single advantage that you get from joining an accelerator. Their pitch might be pretty good: they might have startups that fundraised from tier1 and good advisors section on the website.
But let me tell you something: those who got those tier1 investments would get them without accelerator as well. And this advisors section on the website is just a section, no big name is going to advise you, because there are other dozens of protocols that is in the same cohort.
Yes, you can get the money from the accelerator, but usually this comes with absolutely robbing valuation that doesn't make any sense at all. These "advisors" are going to tell you the obvious things that you already know (most of the time).
The reality is if accelerator sees that you're a smart guy who is highly likely going to be successful — they're trying to get you in their accelerator and extract your future tokens/equity at very low price.
The thing is: they (probably) realize that you will be successful without their help, but hey, don't you want to have our fancy logo on your website and get a chance to talk to like-minded people and get advice?
I don't know how it is in traditional world, but in crypto you can reach out to almost anyone and ask for their advice: just be genuine, respectful and very clear at expressing your idea on paper. That's all what matters.
You will be amazed how many people are willing to help you for free, just because you're doing something. It already means a lot if someone starts their venture and you probably know the person that you'd like to get a piece of advice from.
If you want to be "guided" or "told" how it would be better to run your company — it's not your company and you're not founder.
Out of all accelerators, the only one that people say good things about is @alliancedao. I haven't ever heard someone say nice things about anything else. I'm not sure how Alliance is like inside, but their hit rate is extremely good and feedback as well.
And yes, most of the YC founders nowadays go to YC just to show a fancy logo on their website and the ability to tell investors that they passed the bar (I attached the image below).
Regarding Ecosystem Funds:
I'm going to slightly disagree with WenMoon regarding ecosystem funds, because the main interest here is different.
Ecosystem funds usually have only 1 goal: enhance the ecosystem with good applications. The ecosystem fund is really deeply interested in your success, because they can:
a. Show how unique apps can be on their chain
b. Drive TVL, revenue, activity, and other metrics
They're directly incentivized to work with apps, because they either have a pretty narrow focus (sometimes) or they want to differentiate, so they spend a lot of money to work with different people.
@hotpot_dao said that they picked up 15 applications out of 300. I see nothing wrong here, because that's only 5%. Yes, probably not all of them will succeed and become flagship application on MegaETH, but those who will, will be very important.
In general accelerators, people will give you generic advices that mostly is applicable to any other protocol in any ecosystem.
Ecosystem funds/accelerators better understand what they want, what builders they want, and what apps they want, so the sample can be more accurate. At the end of the day, if you're smart — you will be noticed.


2025年7月11日
我知道這樣說會被殺,但管他的。
我建立過生態系統,所以我親身經歷過。加速器和孵化器完全是浪費時間和金錢,實際上對生態系統的建設是淨負面的。
為什麼?
王者製造對於生態系統的建設是無效的。它會積極破壞鏈的競爭環境。最重要的是,作為一個基金會,你根本不知道幾個月或幾年後誰會成為你最大的建設者。
如果你讓我選擇幾年前我生態系統中最好的建設者,我會完全錯得離譜。
這是基於這些加速器理論上應該運作的假設。但現實甚至更糟,更黑暗。
透過我的風投替代品,我甚至參加過幾個演示日,看到一些加速器直接推出的項目推介……老實說,這真是可怕。建設者和想法的質量糟糕透了。你很難找到一兩個稍微有趣的想法。
為什麼會這樣?我懷疑這是因為大多數這些項目都是匆忙進行的,因為它們自然是基於小組的。你不可能在300個申請中,在某個隨機的時間點,找到15個出色的想法。
此外,有些建設者根本沒有任何想法。他們只是擁有被選中的正確資歷,然後必須匆忙想出一個在時間範圍內建設的想法。我對此也從來不感興趣。
老實說,還有很多其他更黑暗的原因,我不想過多提及。特別是當涉及到第三方提取者時。大多數孵化器也是騙局,只是在盡可能多地發行代幣。
那麼為什麼這些會受歡迎?簡單來說,這對外部人士和投資者來說有點性感,這是我的看法。但我知道什麼呢?
無論如何,這一切並不是要貶低Mega,我喜歡他們,所以我希望這次會有所不同。這讓我想寫一些想法,作為對這種生態建設風格的警示。
一如既往,我在這裡提供解決方案,並對不同的意見持開放態度 :)
🫶
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