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You are at:Home » Tezos India Launches A New Mentor-led $2,000 Fellowship
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Tezos India Launches A New Mentor-led $2,000 Fellowship

AB News DeskBy AB News DeskJune 16, 2021Updated:October 5, 2021No Comments4 Mins Read
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The second edition of Tezos India Fellowship will seek to develop next-generation blockchain talent, overcome key obstacles to blockchain adoption, with mentorship from global leaders and access to the global Tezos ecosystem.

Tezos India has announced a new mentor-led $2,000 fellowship aimed at developing next-generation blockchain talent.

Tezos India Fellowship 2.0 – The second edition of Tezos India Fellowship

The second edition of Tezos India Fellowship will offer 30 exceptional blockchain developers to spend eight weeks developing impactful projects in the Tezos ecosystem. The Tezos India Fellowship is now accepting applications, and will be open till July 3, 2021.

The Fellowship offers top developers in India mentorship, the opportunity to build on the Tezos network, access to the global Tezos ecosystem, and a $2000 stipend over the course of the 8-week mentor-led program.

Tezos India is at the forefront of raising the profile and encouraging greater adoption of Tezos, in partnership with Devfolio, through the TezIndia hackathon and as a regular sponsor of university hackathons across India.

Tezos India Fellowship 1.0

The first edition of Tezos India Fellowship took place last year and saw over 1,400 applications, from which emerged the best of the best who made it to the fellowship cohort. Of that cohort, the top 10 developers went on to build exemplary projects from quadratic funding platforms to NFT enabled Cricket Fantasy Leagues on Tezos Blockchain. Select projects have received upto $10,000 in follow-up grants to carry on the good work. Tezos India intends to keep that momentum going with its second edition.

As innovation in the blockchain space advances in India, Tezos India constantly strives to address key barriers facing blockchain adoption to date: smart contract safety, long-term upgradability, and open participation. Tezos is a self-upgradable blockchain that enables forkless upgrades with its on-chain governance system, improving accessibility and longevity for solutions built and utilized by the Tezos community.

Tezos Ecosystem is Growing Fast

Consistent quarterly protocol upgrades (most recently Florence, with Granada in tow) has led to growing ecosystem adoption across new industry verticals, from DeFi ($7 million total value locked in Plenty Defi, 3 days post-launch) to NFTs (such as Formula One Red Bull Honda Racing collectibles). With these mainstream adoption rapidly growing for blockchain technology, there has never been a better time to build on Tezos.

Read More: Red Bull Racing To Build NFT Fan Experience Exclusively On Tezos

According to the latest DeFi trends, over $100 billion worth of assets are locked up in DeFi. Furthermore, NFTs and dApps are popping up in the news frequently with creative use cases in sports, games, entertainment and more. With the rise in demand for blockchain developers globally, the Tezos India Fellowship aims to nurture the talent from the 4.2 million strong talent pool of leading software developers in India.

Om Malviya, President and Co-Founder of Tezos India, said:

“With the consistent and rapid growth of the Tezos ecosystem, we hope to provide builders with an environment conducive to innovation and creativity. We look forward to seeing what cutting-edge ideas emerge and how they fare in the Tezos ecosystem. Our objective is to empower and strengthen the developer community of India and we have always been at the forefront of educating coders by way of events, workshops, hackathons, meetups, fellowships, etc. With the Tezos India Fellowship program, we aim to spread awareness and encourage and educate the tech talent pool about what a decentralized future could look like for India and the catalyst that Tezos can provide as a platform in this direction.”

Throughout the fellowship, participants are expected to achieve weekly milestones under their mentor, which will form the basis of bi-weekly payouts. A total sum of $2000 will be rewarded to each of the 30 developers, throughout the course of the fellowship. Most excitingly, selected projects will be eligible for additional funding on the basis of an evaluation system, closer to the end of the fellowship. Last year, up to $10,000 was awarded through this follow-up grants process.

Tezos India is a non-profit organization with a strong focus on developer adoption, education, and providing assistance to enthusiastic and talented developers to build their creative blockchain solutions on Tezos. Tezos India regularly organizes educational webinars, workshops, hackathons, and fellowships, to nurture, develop, and facilitate the Indian blockchain ecosystem.

If you’d like to do your part in building a better, decentralised future and contribute to cutting-edge open source technology, the Tezos India Fellowship is your chance.

Apply here.

Registrations are open from June 15, 2021 for developers across India and will be open till July 3, 2021.

For more details about the fellowship, visit here.

You can also reach out at hello@devfolio.co or hello@tezosindia.foundation

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AB News Desk is a trained group of web journalists and reporters who collect news from all over the blockchain market landscape. AB News Desk covers developments on Blockchain Industry including Distributed Ledger, Smart Contracts, Digital Assets, Cryptos, FinTech, Bitcoin, DApps, DeFi, and more. To connect, please write to Editor at info@alexablockchain.com.

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