4 Blockchain Entrepreneurs Win $100K Thiel Awards

The Thiel Foundation, made and funded by billionaire investor and PayPal co-founder Peter Thiel, announced its 2018 class of Thiel Fellows on Friday. One of this year’s recipients are Vest co-founder Axel Ericsson, Polkadot co-founder Robert Habermeier, MyCrypto CTO Daniel Ternyak and Mechanism Labs co-founder Aparna Krishnan, according to a press release.

They join the crypto community’s most prominent Thiel Fellow – ethereum co-founder Vitalik Buterin, who received the award in 2014. Each receiver will receive a $100,000 grant during the next two decades to help them build their current and future endeavors.

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The chief in blockchain news, CoinDesk is a media outlet that strives for the greatest journalistic standards and abides by a strict set of qualitative policies. CoinDesk has been an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

“Leaving behind the security of the classroom and deciding to build a business rather isn’t simple or glamorous. However, our Fellows have found exactly what we guess to be true more widely: young individuals learn best by doing things in real life,” she wrote.

Entrepreneurs and programmers behind four distinct blockchain startups may add their titles to the list of Thiel Fellowship awardees.
In a publication, Allyson Dias, manager of the Thiel Fellowship, said the function of the fellowship is to help young aspiring marketers to discover innovative methods to handle real-world troubles.
The technology luminary was quoted a year ago saying he considers the critics of bitcoin have been”underestimating” the cryptocurrency and calling bitcoin”a book form of money.”
Thiel himself is a bitcoin supporter. His Founders Fund, a San Francisco-based venture capital firm, reportedly invested at $20 million’ value of bitcoin in January, as previously documented by CoinDesk.