Plug and Play Unveils Bitcoin Startup Incubator With Expert Mentors
An established startup incubator located in Silicon Valley, California is launching a bitcoin-centric accelerator. The Plug and Play Technology Center has recruited some key figures within the digital currency industry after announcing Plug and Play Bitcoin Winter 2014, a program that will foster businesses in the bitcoin realm. The accelerator is accepting five bitcoin-related ventures for a program that will begin on 24th February. Startups accepted into the program will be given $25,000, startup space in Sunnyvale, plus access to a number of experts working within the bitcoin industry.....
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Bitcoin remittance company Abra is one of five startups working with blockchain technology to be accepted into the latest financial technology program operated by California startup incubator Plug and Play. Abra, BlockNotary, BlockSeer, Skuchain and Token are the blockchain startups set to take part in the program, among a total of 23 participants. Startups in the initiative will take part in mentoring sessions and pilot programs over the course of the three-month initiative. The incubator draws support from a number of firms involved with blockchain-services or consortia devoted to....
"We're investing in about 10 bitcoin startups," Plug and Play's Scott Robinson revealed to an audience of investors at the recent Winter EXPO. The crowd in attendance saw a batch of fintech (financial technology) startup pitches, 11 of which had a focus on bitcoin. Robinson runs the bitcoin initiatives at Plug and Play Tech Center, a incubator and startup accelerator that has taken an interest in bitcoin startups as of late. Plug and Play's location in Sunnyvale, California is also home to the weekly Silicon Valley Bitcoin Meetup, which has 397 members and meets from 18:00 - 20:00 (local....
Plug and Play Tech Center celebrated its inaugural batch of FinTech startups, including a new bitcoin exchange from payment processor Netopia, at an event in the heart of Silicon Valley yesterday. "The big doomsday we're seeing now is death by a thousand cuts," said Plug and Play FinTech director Scott Robinson as he opened the afternoon session of the FinTech & Retail Expo at its Sunnyvale location. His introduction made clear his belief that the financial industry is, due to unavoidable factors, on a collision course with technological innovation. This includes, most importantly, the....
Some venture capitalists are joining up for the age of blockchain innovation. One venture capitalist group has already caught on to the trend as being part of its confidence in the future of digital payments. Last Tuesday a report in the DCE Brief revealed that since launching in 2012, a large investment of $52 million has already been provided by Boost VC to blockchain startups. According to the report, these investment funds have been attributed to 52 different startups. Startup accelerator and business Incubator. Boost VC, is a California-based small business incubator and a new age....
The Plug and Play Tech Center startup incubator and accelerator recently hosted its Winter EXPO, with 28 startup pitches, a virtual currency panelist discussion and over 100 investors and corporations. The virtual currency panel, dubbed the "Future of Fintech", was primarily focused on bitcoin. This was particularly relevant, as the audience had just witnessed 11 bitcoin startups pitching their business plans to investors. Low risk payments and foreign banks. Vinny Lingham of Gyft started the session by talking investors through the primary reasons why his gift card business started....