African founders residency

magma


A two-week in-person residency

for Africa’s top founders


Apply by 31 August!

Why

A coordination point
for founders & builders

magma is a coordination point for exceptional builders driving Africa’s financial and trust infrastructures onchain. Founders and developers come to support one another, receive world class mentorship, and build better DApps and protocols.

30 Sept - 12 Oct, 2024 in Kenya.

Build together

The financial and economic infrastructures for Africa's 1.4B users are being built by talented founders. magma serves as the coordination point to build interoperable and modular tools to meet the needs of the African market and beyond. magma builders join to give each other feedback, test out new directions, receive expert mentorship, and build collaborative directions. With multiple cohorts, magma is becoming a powerful network of founders building the legos of Africa’s economy.

Build together

The financial and economic infrastructures for Africa's 1.4B users are being built by talented founders. magma serves as the coordination point to build interoperable and modular tools to meet the needs of the African market and beyond. magma builders join to give each other feedback, test out new directions, receive expert mentorship, and build collaborative directions. With multiple cohorts, magma is becoming a powerful network of founders building the legos of Africa’s economy.

Hands on-support

Founders and builders receive hands on support in critical areas to level up, including: smart contracts, security, privacy, zero knowledge proofs, tokeneconomics, product, GTM, DAO and governance, fundraising, and more. World leading founders host open Q&A and mentorship sessions so we learn from the best. magma also offers a platform to share your work with top VCs, L2s, grant programs, and the broader Web3 community.

Hands on-support

Founders and builders receive hands on support in critical areas to level up, including: smart contracts, security, privacy, zero knowledge proofs, tokeneconomics, product, GTM, DAO and governance, fundraising, and more. World leading founders host open Q&A and mentorship sessions so we learn from the best. magma also offers a platform to share your work with top VCs, L2s, grant programs, and the broader Web3 community.

Who

Who is magma for

A curated program for founders who are building :

  • For the African Market

    Products that have Fundimental Utility

    Onchain or Onchain-to-be

    Interoperable Products and Services

  • For the African Market

    Products that have Fundimental Utility

    Onchain or Onchain-to-be

    Interoperable Products and Services

apply today

Application Process

Apply by 31 August 2024

Rolling reviews

Decision

magma2 starts 30 Sept 2024

Read more on

FAQ

What is the program during the magma residency?

Who is magma for and who is it not for?

Can I do focused work while on the magma residency?

What does it cost to participate?

Is magma an accelerator or incubator?

Who are the global mentors and protocols participating?

Are there scholarships for travel if I’m flying to Kenya?

Why is magma happening in Kenya?

magma2 is supported by: