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A major incubator is setting its sights on being the Y Combinator of crypto – or better

by Isabel Woodford

May 13, 2019, 3:45PM EDT  ·  5 min read

Quick Take

  • Seed accelerator Creative Destruction Labs is working with 25 blockchain startups, offering them $100,000 in funding and tailored mentoring from some big names
  • The head of the blockchain/AI stream, Will Yin, talks us through the particularities of managing a cohort of startups in the crypto space as well as the highs and lows of the process

by Isabel Woodford

May 13, 2019, 3:45PM EDT  ·  5 min read

Managing an assembly of fresh-faced startups sounds like quite the mission. Even more so when said startups are attempting to break into a little-understood market with a still-marginal customer base.

Still, that’s what Creative Destruction Labs (CDL) has set its mind to over the border in Canada. It’s one of only a handful of incubators worldwide throwing not just capital at nascent crypto firms, but also mentoring from 80 leading scientists, economists, and experienced entrepreneurs.