Entrepreneur-in-Residence (EIR) program

Program Overview

The Morph Entrepreneur-in-Residence (EIR) program is an exclusive initiative designed to provide seasoned entrepreneurs with the resources, guidance, and environment necessary to develop groundbreaking Web3 startups. EIRs will work closely with Morph's core team to bring their visionary projects from concept to market, leveraging Morph's technology and extensive industry network.

Program Requirements

  • Proven Entrepreneurial Experience: Candidates should have a successful track record in entrepreneurship, preferably within the blockchain, AI, or tech sectors.

  • Full-Time Commitment: EIRs are expected to commit full-time to the program, fully remote.

  • Alignment with Morph's Mission: Entrepreneurs should share Morph's vision of revolutionizing consumer blockchains and facilitating transition of real-world applications to the decentralized web.

Program Criteria

  • Innovation Potential: The proposed project must demonstrate a unique and innovative use of blockchain technology that can drive significant industry advancements.

  • Market Viability: Projects should have a clear path to market adoption, with a well-defined target audience and value proposition.

  • Technical Feasibility: The project should be technically feasible, leveraging Morph's capabilities such as the Decentralized Sequencer Network and the Responsive Validity Proof system.

Program Offerings and Incentives

  • Lifestyle Match: EIRs receive a variable monthly stipend to provide financial security and help participants make the jump from their current role in order to fulfill their entrepreneurial aspirations.

  • Direct Path to Funding: EIRs can receive up to $100,000 in seed funding from Morph after completing the program to jumpstart their project, ensuring financial stability during the early stages.

  • Mentorship: EIRs will benefit from close mentorship by experienced founders and industry leaders in blockchain, AI, and other disruptive technologies, receiving strategic advice and technical guidance.

  • VC Connections: Direct access to top-tier venture capital firms like Dragonfly Capital, Pantera Capital, and Foresight Ventures for advice on go-to-market strategies and additional funding.

  • Operational Support: Full operational support including administrative and legal assistance, hiring support, and access to Morph's technical resources.

  • Community Integration: EIRs will be integrated in to the Morph community, facilitating networking with other entrepreneurs, developers, and ecosystem partners, and several showcase opportunities.

Program Proposed Outcomes

  • Successful Project Launches: EIRs will validate and launch innovative projects, significantly contributing to the Morph ecosystem.
  • Meaningful Market Traction: Projects are expected to generate significant user engagement and market traction, establishing themselves as leaders in their respective niches.
  • Robust Founding Teams: Formation of strong teams capable of scaling ventures effectively.
  • Ecosystem Growth: The addition of high-impact projects will enhance the overall value and attractiveness of the Morph ecosystem.