Velas increases blockchain grants program to $100M
Blockchain projects with a focus on DeFi, NFTs, gaming and others will be eligible to receive up to $100,000 in funding. Switzerland-based technology company Velas has allocated $100 million to startups building on top of the Velas blockchain, marking a sizable increase from its initial pledge of $5 million earlier this year. The grants program is designed to support the growth of the Velas ecosystem and expand its capabilities within Web 3.0, a broad umbrella term that describes the next stage in the internet’s evolution. Like the initial $5 million grants program announced in August, the....
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Press Release: Velas is proud to announce the launch of a $5 million funding program to support the growth of the Velas ecosystem and expand our reach in the new Web 3.0 epoch 3rd August, 2021, Zug, Switzerland – Today Velas are announcing the launch of a major funding program for projects to build upon […]
Velas, a high-throughput blockchain that uses artificial intuition to automatically optimize its operating parameters, has just announced the launch of Velas 3.0 — a new ecosystem comprised of a suite of new products, centered around Velas’ long-awaited BitOrbit social media platform. According to today’s announcement, the massive new Velas 3.0 ecosystem will be formed of around a dozen interconnected parts, each of which has the goal of making Velas more accessible, more inclusive, and overall more powerful. […]
Everscale (ex FreeTON) DeFi Alliance has announced the opening of its Everscale Grants program. The grants program will provide crucial financial and professional support to promising IT startups that qualify. November has been a busy month for the Everscale network. Early on the project, which previously was called FreeTON, announced it would be rebranding into Everscale. The reasons behind the change were tied to the significant advances that had been made on the network and its correlated ecosystem, relative to where it had started out as FreeTON. FreeTON was started as a continuation....
Ferrari will be issuing exclusive digital content for its fans in collaboration with Swiss blockchain startup Velas. Italian luxury sports car manufacturer Ferrari is moving into the blockchain industry by inking a partnership with Swiss blockchain startup Velas Network.Ferrari officially announced Monday that it had signed a multi-year agreement with Velas to jointly issue “exclusive digital content” for the Scuderia’s fans. Velas will also be the main sponsor for Ferrari Esports Series, the online series competing in the F1 Esports Series, the official digital championship including all....
The cryptocurrency and blockchain ecosystems continue to create new and innovative concepts. Velas is a blockchain that has surprised many people and will seemingly continue to do so for the foreseeable future. Dozens of projects are launching on this ecosystem that takes elements of Solana and refines and improves them further. The Astronomic Rise Of Velas Taking the Solana code and forking it would not necessarily create a successful ecosystem. However, the Velas team has successfully made an impact through several key improvements to that original codebase. It is considered....