Alchemist Chosen as Exclusive Blockchain, Cryptocurrency Partner for Techstars Cutting-Edge Membership-Drive Accelerator Program in New York City

The partnership will help emerging companies gain access to expertise in the blockchain, cryptocurrency as it applies across industries

Alchemist Group, LLC., a premier, global blockchain advisory firm specializing in token sales and end-to-end product development of blockchain applications, announced their partnership with Techstars, the leading worldwide network of accelerators that helps entrepreneurs succeed. The Alchemist Blockchain Techstars Accelerator is a three month, hands-on mentorship program that provides innovative start-ups from around the world the chance to shape the future with new blockchain technologies. The program will be run by Alchemist's Steven Nerayoff, an expert in global blockchain and inventor and legal architect for the Ethereum ICO and Yossi Hasson managing director at Techstars, along with other mentors and experts from both companies.

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The dedicated blockchain accelerator program will focus on blockchain infrastructure and protocol development, cryptocurrencies, security, and distributed applications in finance, IoT, education, real estate, retail, insurance, energy, health and wellness and more. The accelerator program will address challenges that blockchain founders face when trying to build and scale their blockchain business as well as give them access to expert mentors.

"Partnering with global tech powerhouse Alchemist to bring a blockchain-focused accelerator to New York City is a major milestone for us. We are delighted to be able to offer founders in this space the opportunity to join our worldwide network made up of tens of thousands of community leaders, founders, mentors and investors," said David Brown, founder and co-CEO of Techstars. The program will help entrepreneurs gain access to expertise in the rapidly growing cryptocurrency and blockchain sector. Selected companies will not only benefit from resources from Techstars and Alchemist's ecosystem, but will also have the opportunity to work closely with leading market players in the blockchain industry.

"We are thrilled to partner with Techstars and be a part of this exceptional opportunity for the blockchain industry," said Steven Narayoff, CEO of Alchemist. The scouting and review process of hundreds of companies will result in the formation of the best-of-the-best in the industry. "The inaugural class of approximately 10 start-ups of this accelerator program will focus on disrupting and revolutionizing how businesses and consumers use the blockchain to conduct business."

Selected participants will receive a $120,000 investment, access to the Techstars network of over 5,000 founders, alumni and mentors, and 400 perks worth over US$1 million to develop their ideas. They will also have access to mentor support from top executives from Alchemist and other key players and business partners of Alchemist. Click here to read the latest news.

Applications for the Alchemist Blockchain Techstars Accelerator will open on July 23, 2018 and the program will start in February 2019. Entrepreneurs interested in applying can join our Telegram Group and please check out the application toolkit.

In addition, the team will include Maja Vujinovic, a blockchain pioneer, investor and former CIO of Emerging Tech at GE Digital, and Gary Rubinoff, a seasoned venture capitalist nurturing emerging companies into category leaders for the past 25 years.

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About Alchemist Group LLC.
Alchemist is a full-service blockchain advisory and investment company, specializing in token sales and end-to-end product development of blockchain applications. They offer token sales solutions by providing presale advisory, legal counsel, token construction and economics, ecosystem development, token sales participant relations and marketing services. Alchemist also provides venture financing and underwriting to projects creating tradable digital assets for the new token economy. Their team members have been founders, advisors or investors in over 25 projects such as Ethereum, tZERO, Lisk, Bancor and ZCash. For more information, visit,
http://www.alchemist.com.

About Techstars
Techstars is the worldwide network that helps entrepreneurs succeed. Techstars founders connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporations to grow their companies. Techstars operates three divisions: Techstars Startup Programs, Techstars Mentorship-Driven Accelerator Programs, and Techstars Corporate Innovation Partnerships. Techstars accelerator portfolio includes more than 1,300 companies with a market cap of $13.9 Billion. http://www.techstars.com.

For more information:
Juli Dexter, GMedia Studios
Jdexter(at)gmediastudios.com

Joanie Kindblade, Techstars
Joanie.kindblade(at)techstars.com

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