In a 2018 Thiel Foundation which is created and financed by billionaire investor and PayPal co-founder Peter Thiel on Friday, announced fellow entrepreneurs and developers like Vest co-founder Axel Ericsson, Polkadot co-founder Robert Habermeier, MyCrypto CTO Daniel Ternyak and Mechanism Labs co-founder Aparna Krishnan, who are among the list for this year’s Thiel Fellowship awardees.
They join the crypto network’s most remarkable Thiel Fellow – ethereum prime supporter Vitalik Buterin, who got the honor in 2014. Every beneficiary will be given a $100,000 give throughout the following two years to enable them to manufacture their present and future ventures.
In a pamphlet, Allyson Dias, chief of the Thiel Fellowship, said the reason for the partnership is to assist young aspiring entrepreneurs finding inventive ways to help build their projects both current and in the future.
“Leaving behind the safety of the classroom and choosing to build a business instead isn’t easy or glamorous. But our Fellows have found what we suspect to be true more broadly: young people learn best by doing things in the real world,” she stated.
Thiel himself is a prominent bitcoin supporter. His Founders Fund, a San Francisco-based funding firm, supposedly put resources into $20 million’ worth of bitcoin in January.