In the fast-paced world of crypto, spotting opportunities to level up your project can make all the difference. Recently, Clemens from Base shared a tweet that's buzzing in the community: a London-based accelerator that's essentially YCombinator reimagined for crypto. The program, called R3sidency, is gearing up for its next cohort, and applications are closing in just three days on November 22.

The tweet highlights the essence perfectly: "YCombinator, but make it crypto and London based: https://r3sidency.xyz/ [applications close in 3 days]." It's a call to action for ambitious founders in the web3 space, and the replies show excitement from the community, with folks already prepping their pitch decks and envisioning Thames-side brainstorming sessions.

So, what exactly is R3sidency? It's a 16-week accelerator program designed for the top 1% of startup ideas in web3, AI, and frontier tech. If you're building something with the potential to become a decacorn – that's a company valued at over $10 billion – this could be your launchpad. The program runs from January to March in London, limiting the cohort to just eight teams to ensure personalized attention.

Eligibility focuses on founders who are laser-focused on solving big problems with scalable solutions. Think contrarian ideas that anticipate market shifts, especially in the cryptoeconomy. Web3-native projects get priority, with extra points for those blending in AI or deep tech. Importantly, you need to be in London for the in-person experience – no remote options here, as collaboration is key.

What do participants get? A hefty £230,000 investment to kickstart your venture, plus over $100,000 in credits and perks from ecosystem partners. You'll have hands-on mentorship from top operators and access to a network of elite VCs like Fabric Ventures, Animoca Brands, and Coinbase. The program culminates in a Demo Day in London, where you'll pitch to a curated group of investors with portfolios including heavy hitters like Nansen, 1inch, and Polkadot.

For those in the meme token space, this could be a game-changer. While meme tokens often start as community-driven fun, scaling them into sustainable, venture-backed projects requires structure and strategy. R3sidency's focus on building category-defining companies in web3 aligns well with evolving the meme economy – imagine turning your viral token into a full-fledged platform with AI integrations or frontier tech twists.

Applying is straightforward: head to the application form on their site and submit before the deadline. They're looking for teams with momentum – those shipping fast and iterating quickly. If your idea has that inherent scale and you're ready to dive into the London crypto scene, this is your shot.

As the crypto world continues to mature, programs like R3sidency are bridging the gap between innovative ideas and real-world impact. Whether you're a solo founder or part of a small team, don't miss this opportunity to accelerate your journey in the blockchain space.