India’s Satoshi Studios Becomes South Asia’s First Blockchain Incubator
Indian Bitcoin mining pool, GBMiners has announced the launch of the country's first Blockchain incubator -- Satoshi Studios. The Indian cryptocurrency and fintech ecosystem has garnered a lot of interest since the “Demonetization” drive was set in motion. The increased demand for Bitcoin in the country is now complemented by the launch of a Blockchain incubator. According to reports on Indian news media, the Indian Bitcoin company, GBMiners has laid the foundation for South Asia’s first Blockchain incubator, Satoshi Studios. GBMiners is the first Indian Bitcoin mining pool which....
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New Delhi is set to be the home of South Asia’s first Blockchain incubator called Satoshi Studios. The program is named after Satoshi Nakamoto the creator of Bitcoin, the world’s leading cryptocurrency. Companies that are selected for the program will be relocated to New Delhi for a three-month intensive course starting in April 2017 and ending in June 2017. The perks of the program include mentorship, hands-on sessions with Blockchain experts, office and living spaces and an investment of $50,000 in return for 8-15 percent of equity. The Blockchain incubation program is supported by....
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. Funding for Successful Applicants According to a Swissinfo report, CVVC will fund the best blockchain start-ups “in South Africa, Nigeria, Kenya, Rwanda, Congo and other countries.” The report adds that the initial five successful applicants will....
The Cape Innovative and Technology Initiative (CiTi) has announced the launch of South Africa's very first Bitcoin incubator, the BitHub. The non-profit innovation group, known for its impeccable contribution in accelerating technology startups in South Africa, believed that it was time for inspiring innovators - coders, entrepreneurs, investors, etc. - to collaborate and build futuristic Bitcoin applications. According to Ian Merrington, the CEO of CiTi, they always wanted to create a private physical space - an incubator - to foster ideas that are particularly pitched to improve upon the....
PANONY, a Hong Kong-based investor and consulting agency, is prioritizing Web3 startups for its incubator program. Blockchain-focused incubator and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia’s largest crypto investment firms, putting the company on track to expand its portfolio and geographic presence. Although the funding terms weren’t disclosed, the Series A gave PANONY a valuation of $100 million, the company reported Monday. The Hong Kong-based PANONY said it would use the funds to expand into other jurisdictions, launch new service offerings....
Goodgame Studios is one of the leading free-to-play, online games development companies. Today the company announced it was partnering up with BitPay and was now accepting Bitcoin payments. Goodgame Studios will now accept bitcoin for in-app purchases in big titles such as Empire and Big Farm. Goodgame Studios operates across the web and mobile platforms having already over 270 million registered users worldwide. With a rich talent pool of more than 1200 employees from over 60 nations, Goodgame Studios is the largest German employer in the gaming software industry. Bitcoin and the benefits....