Sandeep Nailwal, co-founder of Polygon, and Symbolic Capital, the venture capital firm he helped form, announced the introduction of the new Nailwal Fellowship on Monday, which will provide financial assistance to early-stage builders transitioning from Web2 to Web3. Nailwal is committing his personal funds to the $500,000 batch of ten builders chosen each year. The bear market has nearly halted investments in crypto businesses, creating a riskier environment for potential Web3 creators. The Nailwal fellowship, which focuses on individuals rather than teams, is aimed for these builders.