Venture capital establishment Andreessen Horowitz (a16z) is reportedly setting up a crypto startup-focused institution, free-of-charge and lasts for 7 weeks, publicly available beginning February next year. 

Andreessen Horowitz – the VC firm that invests in big players in the industry scene like Coinbase and Ripple – officially introduced the project on November 8. 

Per the announcement, the project – which includes lectures conducted offline in Menlo Park, California – is expected to provide extensive knowledge for any individual, currently has the ambition to be blockchain-based startup founders. Every teaching material, including videos and curriculum, are publicly available via online channels. 

A16z emphasized that there is no equity requirements for anyone that wants to join the school, since the main target of the program is to amp up the speed of ongoing blockchain-based projects, along with recruiting more and more qualified resources to take part in the industry. 

A carefully picked group of experienced entrepreneurs and experts will be the mentor for the participants, covering a wide array of aspects, nominally product and technology design, organization development, go-to-market strategy and legal/regulatory best practices.

“Blockchains have endured a variety of challenges, false starts, and misconceptions. Some of the challenges are technical (e.g., scalability), some are product related (e.g., user experience), but many are due to the lack of widespread understanding of the technology’s capabilities, and the best practices required to take it mainstream.” A16z remarked regarding the announcement.