— Fulgur

Come back home. Build on Bitcoin.

An accelerator for founders who want to build on global, permissionless freedom money: Bitcoin. Fully funded residency at the Network School. Real investors. Rolling monthly cohorts.

Apply Now →Read the thesis

01 — Why Bitcoin

The revolution has been waiting for serious builders.

Bitcoin is freedom money. Global, permissionless, private. The only monetary network with no CEO, no foundation, no committee to capture. The infrastructure is maturing fast. Founders and venture firms have spent a decade chasing token speculation instead of bringing bitcoin to billions, and we are here to redress the balance.

Freedom money

Global, permissionless, private. Money that can't be frozen, seized, or inflated away.

Half of everything

The market for a digital store of value is worth half of everything. The largest opportunity on the planet sits right here.

Underbuilt by default

A decade of token speculation starved the application layer. Bring bitcoin to billions and you own the primitives.

02 — What you get

Three things, done properly.

Scholarships, ideas, capital. No theatre.

Scholarships, earned

You arrive at the Network School paying your own way. Once you've shown us something — any kind of traction or commitment — we put you on a scholarship. Could be a month. Could be six.

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Fundable ideas

Education, mentorship, and direct access to operators who've already built on Bitcoin and Lightning. We have a shortlist of fundable ideas ready for the right teams.

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Investment

Cyphertank Demo Day. Investors compete to back the strongest teams. Win the room and you're on the plane to the Cyphertank Final in Lugano.

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An offer from us is an invitation, not a free ride. Once you're here, we're watching. Ship something, make progress we can point to, and we'll put you on a rolling scholarship.

03 — Ideas

Fulgur will fund these ideas today. Why not you?

Seven open problems. A Bitcoin-native builder can ship any of them in a month.

Savings

Bitcoin-only savings apps with stablecoin rails. Relai / Strike-style products for Asia. Simple UX, recurring buys, self-custody optionality. The challenge: can you get 100k users buying $100 of bitcoin a month?

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Markets

Trading infrastructure and prediction markets. Next-gen exchanges, derivatives, and BTC-denominated prediction venues. Compliance-aware venues built for the depth and sophistication bitcoin markets now demand.

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Finance

Bitcoin neobanks, primitives, and lending. Mortgages, pensions, treasury management, BTC payroll. Retail and institutional credit markets, DeFi-style or CeFi-hybrid. Financial products built on a bitcoin balance sheet with conservative LTVs.

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Yield

Bitcoin yield from economically productive sources. Lightning routing, liquidity marketplaces, hash-rate-linked products. Yield that comes from actual economic activity on the bitcoin network, not from Ponzi mechanics or wrapped tokens.

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Payments

Universal bitcoin payments. B2C, B2B, and AI-agent payments across the L2 stack (Lightning, Spark, Ark, e-cash). The challenge: private, permissionless, seamless payments at every transaction size.

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Institutional

Institutional custody and security. Fireblocks / Anchorage-class infrastructure for the bitcoin era. MPC, key management, audit, insurance wrappers. The security layer of the bitcoin economy.

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Bitcoin × AI

Where bitcoin meets AI. Machine-to-machine payments over Lightning. AI agents that settle in bitcoin. Bitcoin firewalls as the anti-sybil primitive. Bitcoin as the native settlement and access-control layer of the agent economy.

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See the full investment thesis

Eight detailed problems — with specific markets, partners, and metrics — that Fulgur will fund today.

Request for Startups

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You're not just getting a programme. You're joining a community.

Community

Live and work alongside the ambitious people already building at NS. Solo operators, seasoned founders, senior researchers, venture partners — the people pulling the frontier forward.

Co-founders

Arriving solo? Good. Week one includes co-founder matching, informal onsites, and the chance to meet the people you'd actually want to build with.

Team building

Find your engineer, your designer, your commercial partner. The density of shipping talent at NS makes the hire that would take a year somewhere else take a week here.

04 — How it works

Rolling monthly cohorts. You arrive on the 1st.

You stay as long as you're building.

Apply

Pick your cohort up to three months out. We review on a rolling basis.

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Arrive

Land on the 1st. Onboarding, co-founder matching, first-week education led by Plan B.

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Build

Ship something. Talk to users. Weekly check-ins with Fulgur, Ârc, and Plan B. Expert sessions and VC talks.

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Cyphertank

Quarterly Demo Days once the talent is ready. Pitch to the investors. Winner goes to Lugano.

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05 — Partners

Built by the most active bitcoin investors on the planet.

Four partners. Shared conviction. Shared outcomes.

Fulgur Asia

Part of the Fulgur group, the most prolific bitcoin venture investors in the world.

Co-lead · Capital

Ârc

Workspace, founder community, and the operational backbone of the accelerator.

Co-lead · Operations

Plan B

A Tether × Fulgur joint venture. Leads the curriculum, runs Cyphertank, and hosts the Lugano final.

Co-lead · Education

Network School

Balaji Srinivasan's permanent society near Singapore.

Venue · Community

06 — Mentors

Deep bench. Full roster to be announced.

We're finalising the full mentor and investor roster: Bitcoin operators, VCs, and founders drawn from Fulgur's portfolio and the Tether, Blockstream, and Lightning ecosystems.

Investor · Mentors

Fulgur Asia

Education · Investors

Plan B

Community · Balaji

Network School

Ready to build?

Applications reviewed on a rolling basis. We read every one. If you're the right fit, we'll be in touch within ten days.

Apply Now →

Partner with us

Sponsors, investors, ecosystem.

We're actively speaking with sponsors, investors, and ecosystem partners who want a seat at the table. If that's you, get in touch.

Get in touch →