Permissionless Capital, a platform for web3 startups, has revealed the launch of the Permissionless Opportunities Event, inviting web3 startups to apply for a chance to receive resources and support to bring their products to market. The program offers eligible web3 startups access to tools, funds, and connections to navigate the blockchain industry and launch their offerings successfully.

To apply for the event, startups can submit applications in just 90 seconds with no fees or pitches required. The company anticipates numerous startups to apply for the inaugural Permissionless Opportunities Event, with the top applicants later invited to participate. This event, seen as the largest for web3 and blockchain startups, turns the fundraising process into a game and empowers exceptional companies to reach their full potential.

Permissionless Capital has established partnerships with key players in the web3 ecosystem, such as Solana, ImmutableX, Chainlink, and ArWeave. The Permissionless Opportunities Event is structured as a gameshow with an audience participation element. The winners will be selected through a combination of expert judges' opinions and community consensus.

The winners of the Permissionless Opportunities Event will have the chance to pitch to over 50 leading VCs and collaborate with ecosystems to advance their ideas, provide guidance, and technical support. Additional benefits include one-on-one access to expert advisors, credits, discounts, and extensive coverage in media outlets to enhance their visibility.

The program focuses on web3 startups in DeFi, infrastructure, security, gaming, and RWAs categories, including B2B and B2C applications. Applications can be submitted to Permissionless Opportunities from April 10 to May 1. The company aims to shed light on the next generation of web3 companies while equipping the best applicants with everything they need to maximize their chances of success.

The launch of the Permissionless Opportunities Event highlights the increasing interest in supporting and nurturing the growth of web3 startups, following Bitget's recent initiative aimed at fostering young talent entering Web3. Initiatives like this seek to promote innovation and provide a platform for promising projects to gain momentum and access the resources necessary to thrive in an ever-competitive environment.