If you're a builder in the Web3 space, especially if you've got a killer idea brewing from a hackathon, this news is going to make your day. ETHGlobal, the go-to organization for Ethereum-focused events and hackathons, has teamed up with Alliance DAO to supercharge the path from prototype to full-fledged startup. Announced in a recent tweet, this collaboration is all about helping hackers like you move faster and smarter.

What This Partnership Means for Builders

ETHGlobal hosts some of the biggest hackathons in the Ethereum ecosystem, where developers come together to build innovative projects in a short burst of creativity. But what happens after the hackathon ends? That's where Alliance DAO comes in. As the leading crypto accelerator, Alliance specializes in helping early-stage crypto founders scale their ideas into successful ventures. Their 10-week program includes mentorship, lectures on building in crypto, and access to a tight-knit community of fellow founders.

Through this partnership, the top 10 applicants from ETHGlobal's community get instant interviews with Alliance. If selected, you'll receive $500K in funding right away to kickstart your project. Plus, you'll have the chance to pitch to top venture capitalists (VCs) at Demo Day, where you could land even more investment—Alliance startups typically raise a median of $3.5M post-program. And let's not forget joining the Alliance Founder Network, which opens doors to ongoing support, perks, and connections with alumni like Synthetix, Pendle, and notably, Pump (think pump.fun, the popular meme coin launcher platform).

This is especially exciting if you're into meme tokens or community-driven projects. Alliance has a track record of accelerating ideas that resonate in the meme space, turning viral concepts into sustainable businesses. Whether your hackathon project is a DeFi tool, an NFT marketplace, or the next big meme ecosystem, this could be your launchpad.

How to Apply and Key Deadlines

Getting involved is straightforward. Head over to the Alliance application page and submit your details. Make sure to mention your ETHGlobal connection to potentially snag one of those fast-track spots. The deadline is November 5, so don't wait—applications are reviewed quickly, with interview invites sent within two weeks.

In the fast-paced world of blockchain, opportunities like this don't come around often. If you've got an idea that's ready to evolve beyond the hackathon stage, this partnership could be the boost you need to go from code to creation. Keep an eye on ETHGlobal and Alliance for more updates, and who knows? Your project might just be the next big thing in Web3.