Web3 Adoption: Consensys, Protocol Labs to Enable Innovators via Scale Startup Program

Consensys announced a partnership with Protocol Labs aimed to support leading blockchain ventures and startups through Consensys Scale (formerly Consensys Startup Program).

Builders in the Scale program now have access to Protocol Labs’ experience in “supporting hundreds of founders in their entrepreneurial journey.”

Protocol Labs has a commendable track record of “incubating and supporting hundreds of founders in raising more than $1B in external capital, including their early investment in Consensys that serves as a testament to our enduring partnership.”

This history of success also encompasses notable achievements “in previous accelerator programs in the Ethereum ecosystem including, TachyonX, which Protocol Labs supported as part of ConsenSys Mesh.”

Alex Greinacher, Head of the Scale StartupProgram at Consensys, said:

“We will continue to provide direct access to Linea, our zK-EVM L2 chain, developer tools like MetaMask Snaps, and APIs to over 10 blockchain networks with Infura. Supporting startups also means integrating top-tier ecosystem partners like Protocol Labs who are leaders in their field.”

Launched in 2022, the Consensys Scale Startup program’s primary objective is “to offer an all-access pass to ten leading, funded ventures every quarter, enabling them to build with MetaMask, Infura, and Linea, while also providing vital technical support, access to co-marketing opportunities, workshops, funding resources, and an extensive range of ecosystem benefits.”

The Scale program, spanning 24 months, is “tailored for dapps and blockchain companies between Seed and Series A funding stages.”

Participants are expected “to have a fully operational team, institutional funding, and an initial product-market fit.”

Stemming from this collaboration Protocol Labs will “offer products, technical expertise, potential funding, and exclusive invitations to its founders community to Scale members.”

Teams will also benefit “from the opportunity to incorporate Filecoin and IPFS, the fundamental elements of web3 infrastructure, as well as solutions like NFT.Storage Pro and Web3.Storage Pro, as integral components of their journey.”

Startup success stories from the Consensys Scale program

Blockfence is a web3 proactive risk and threat mapping startup who “has been part of the Scale program since November 2022.”

The team also created one of the first approved MetaMask Snaps.

Today the Blockfence Snap provides transaction security “to MetaMask users, web3’s leading wallet that surpassed 100 million users in 2022.”

The security startup will continue to “receive comprehensive support from an encompassing web3 product suite due to this fruitful partnership.”

Blockfence has flourished in the Scale program “having employed Infura as their node provider and will soon deploy Linea as their L2 of choice.”

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