African founders residency

magma


A two-week in-person residency

for Africa’s top founders

African founders residency

magma


A two-week in-person residency

for Africa’s top founders

African founders residency

magma


A two-week in-person residency

for Africa’s top founders

Why

A coordination point
for African builders

magma is a two-week in-person residency that offers hands-on support to Africa’s top founders building the continent’s economy onchain. 3-15 March 2024 in Kenya.

Build together

Africa’s financial and economic infrastructures are being built in a decentralized and modular way. magma serves as a point of coordination for African founders to build interoperable products and services to meet the needs of the African market. As future cohorts join, the alumni community will serve as a powerful network for founders to build the legos of Africa’s economy, find new collaborators and partners. magma brings along thematic experts, experienced founders, and infrastructure builders from around the world, to provide hands-on technical and non-technical support to help you be successful.

Build together

Africa’s financial and economic infrastructures are being built in a decentralized and modular way. magma serves as a point of coordination for African founders to build interoperable products and services to meet the needs of the African market. As future cohorts join, the alumni community will serve as a powerful network for founders to build the legos of Africa’s economy, find new collaborators and partners. magma brings along thematic experts, experienced founders, and infrastructure builders from around the world, to provide hands-on technical and non-technical support to help you be successful.

Hands on-support

Founders receive structured support in critical areas, including: smart contracts, security, privacy, zero knowledge proofs, tokeneconomics, product, GTM, DAO and governance, fundraising, and areas that you tell us are most important. We are also doing deep dives on Layer 2s you can build on. There will be opportunities to seek investment, grants for R&D, and access to top VC networks around the world.

Hands on-support

Founders receive structured support in critical areas, including: smart contracts, security, privacy, zero knowledge proofs, tokeneconomics, product, GTM, DAO and governance, fundraising, and areas that you tell us are most important. We are also doing deep dives on Layer 2s you can build on. There will be opportunities to seek investment, grants for R&D, and access to top VC networks around the world.

Who

Who is magma for

A curated program for founders and teams 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 20 January 2024

Shortlisting & interviews on a rolling basis

Decision. Latest decision by 1 Feb 2024

Residency kick off 3-15 March 2024 in Kenya

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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?

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