Permissionless Capital, a platform in the web3 space for startups, has unveiled its Permissionless Opportunities Event, inviting web3 startups to apply for resources and support to bring their products to market. The initiative aims to equip eligible startups with tools, funds, and connections to navigate the blockchain industry and launch their offerings successfully. Applications for the event can be completed in just 90 seconds with no fees or pitches required.

Permissionless Capital anticipates a strong response from startups, with the top applicants invited to participate in the event, which is billed as the largest for web3 and blockchain startups. The event, which adopts a gamified approach to fundraising, has garnered partnerships with key players in the web3 ecosystem and involves both expert judges and community consensus in selecting winners.

Winners will gain access to leading VCs, ecosystem partnerships, mentoring, technical support, and media coverage. The program targets web3 startups across various categories and aims to provide them with the necessary support to succeed.

This initiative reflects a broader trend of supporting and nurturing web3 startups, echoing recent efforts by other companies to foster young talent in the web3 space. Such initiatives aim to foster innovation and provide platforms for promising projects to thrive in an increasingly competitive environment.