June 27, 2022

Radom Network incubates into Creative Destruction Lab’s Blockchain Bootcamp

Radom Network is thrilled to announce acceptance into Creative Destruction Lab’s Blockchain Bootcamp. CDL is a seed-stage program for massively scalable, science-based companies. As a non-equity, not-for-profit accelerator, the program includes highly valuable features, including a mentoring process with mentors across hundreds of companies, VCs and angels. 

Besides mentorship and meeting-ups with select entrepreneurs and angel investors, the Programme enables opportunities to raise capital from leading VC firms. On top of that,  it offers business development advice and the support of world-renowned experts from leading academic institutions who provide technical feedback to founders. 

To that end, the CDL operates in different streams. The Blockchain Stream aims to help scale ventures based around technologies underpinned by blockchain technology. Over the course of 10 months, the program gives blockchain founders personalised mentorship from experienced entrepreneurs, investors and a community of visionaries in blockchain. Leading investors, technologists and academics, including Paul Veradittakit (Partner at Pantera Capital), Ethan Buchman​​ (co-founder Cosmos) and Christian Catalini (founder MIT Cryptoeconomics Lab and advisor to Algorand, Chainlink and Coinbase). Blockchain companies that successfully went through the accelerator in previous batches include Biconomy, Delphia, Lunie and Maple. 

Radom Network is honoured to start accelerating during the CDL Bootcamp together with the other stakeholders involved. As a first step, Radom Network is eager to attend the intensive 2-week virtual crypto-economics and business bootcamp in July. Apart from being instructed by industry and academic blockchain leaders, Radom is very pleased with the opportunity to be enabled to network with all other participants involved. A top-notch Business Training will be led by world-renowned professors from the Rotman School of Management and Radom will enjoy marketplace and incentive design advice from world-leading economists.

Radom’s CEO, Christopher Wilson, expressed that ‘[...] Radom Network being accepted in CDL’s Bootcamp is an absolute honour and big opportunity. At Radom we are looking forward to meeting experienced entrepreneurs, economists, and active Web3 investors. Every company that has gone through the CDL Blockchain cohort has achieved successful Seed round raises ranging from several hundreds of thousands to several millions of dollars’. He added that ‘[...] we are eager to make the most out of this all-important opportunity and we are committed to ultimately joining the rest of the Blockchain Stream over the course of this year and in 2023’. Finally, the CEO firmly expressed that ‘[...] with Creative Destruction Labs, Radom Network will continue its growth journey, enjoying the invaluable support of one of the world’s most renowned accelerators and of several major corporate partners in the background.’ 

About Creative Destruction Labs

CDL is a not-for-profit organisation operating out of world-class research institutions. As such, it is supported by the contributions of visionary corporate partners who are passionate to support the CDL mission. Existing CDL-Toronto corporate partners include Bank of Canada, Comcast, Mastercard Global, Scotiabank, Royal Bank of Canada, TD Bank, Osler, KPMG, Honda, General Motors and other leading corporations. 

About Radom Network

Radom Network is building the world’s first blockchain-based payment gateway. With Radom Network, Web3 companies and DAOs can access critical services required to operate their business without ever having to off-ramp. 

Underpinned by a decentralised protocol for service discovery and authentication, sellers can on-board through the Radom dApp (decentralised application), and sell access to their internet-connected assets, such as cloud servers, API servers, proof-of-work miners or databases with on-chain and on-demand payments in stablecoins.

Customers can connect their self-custody wallet and access services directly through the Radom Marketplace or through a seller’s webpage with the Radom Widget, an integrated payment checkout widget.

Through Radom, Web3 companies, DAOs and service providers can reduce time to market, monetise, and scale quicker than ever before. 

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