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Written by SC Core Team
[Want the latest news and updates on Build? Join the Seed Club Curated group on Telegram: https://dub.sh/lzAlLU0]
We’ve got some news: Seed Club just acquired Build from Backdrop, and we’re pretty excited about it. If you don’t know, Build is an incredible program designed for crypto and AI builders working at the frontier of the internet. Build’s cohort-based, grant-incentivized model has proven to be an effective forcing function for bringing people together to ship. Beyond that, they’ve built a feedback, networking, and grants system all wrapped up in a program that people love.
And it fits perfectly with what we’re trying to do at Seed Club.
Build has demonstrated incredible convening power: In just a year, and over the course of six programs, over 10,000 builders from 90 countries have shown up to ship over 1,000 projects. And those projects have gone on to receive millions in grants, credits, and venture funding.
Now, as part of the Seed Club Network, Build will help us achieve our core mission: accelerating the development of an internet we want. Effective support systems for builders is a prerequisite for bringing that future forward.
“We've seen amazing things happen when you bring together a talented group of builders and give them the space to create. And that’s what we’ve been doing for the last four years with our accelerator,” said Jess Sloss (@thattallguy), Founder of Seed Club. “When Joey first told me the idea for Build, I wasn’t sure if that magic could scale from just a handful to hundreds or even thousands of builders. But it turns out it can—and people love it. I'm excited to continue to build on the awesome foundation that Joey, Rapha, and the team have put in place.”
A word from Joey DeBruin (@joey_debruin), Co-Founder of Backdrop: "I’m so proud of our team and the Build community. Going from a program with 10 teams to monthly programs with thousands of builders was incredible, but what really motivated us was hearing stories about how Build transformed the lives of builders. And we couldn't have found a better partner to make Build even better than Seed Club."
We’ll have more updates on our plans for Build soon. You’ll hear about them first in our Seed Club Curated Telegram group, so join now: https://dub.sh/lzAlLU0
Let’s keep building.
Seed Club is a venture network built on the belief that the internet needs to fundamentally change. It has become boring, sterile, and dominated by one-size-fits-all platforms that don’t empower us or respect our individuality. Crypto provides a toolset to build radical new products and ecosystems that blow the internet back open, and we relentlessly support the founders exploring its frontiers.
Build is a 4-week program developed by Backdrop to help crypto and AI builders launch and scale their projects. Through structured feedback, networking, and grants, Build provides builders with the resources they need to bring their ideas to life.
Backdrop Labs was founded in 2022 by Joey DeBruin and Raphael Menezes with a mission to use frontier tech to help more people bring great products to life. Backdrop will remain a separate entity after the acquisition and focus on incubating their next product, Grids, aimed at dramatically reducing the cost and overhead of hiring agencies to build your product.
Media requests: media [at] seedclub [dot] xyz