Algorand’s new accelerator program in Europe to issue grants up to $500K
Algorand taps Europe as the second region for its blockchain accelerator program after Asia. The Algorand Foundation, the governance and research organization behind major blockchain platform Algorand, is launching a new accelerator program in Europe.Known as “Algorand Europe Accelerator,” the new program intends to support European developers and entrepreneurs looking to build applications on the Algorand platform.Announcing the news on Oct. 15, the Algorand Foundation told Cointelegraph that the new program will launch in collaboration with established Algorand’s investors, Eterna....
Related News
Startups working with Algorand's blockchain may receive up to $500,000 in seed funding through the program.
The Algorand Foundation introduced its Europe Accelerator program in October 2020. Now, 11 startups have been selected as part of the inaugural cohort. The Algorand Foundation, the research body behind smart contract protocol Algorand, has selected 11 startups for its inaugural accelerator program, a move that could enhance innovation on the emerging blockchain network.The 11 startups selected by Algorand Europe Accelerator are focused on payments and lending, infrastructure, network solutions and the Internet of Things. The accelerator program runs for 12 weeks, from Feb. 1 until late....
BoostVC is focusing it’s accelerator program exclusively on Bitcoin companies. The accelerator aims to invest in 20-30 Bitcoin companies twice a year for three months, and strives to accelerate 100 Bitcoin startups by 2017. BoostVC is 2 years old, and previously invested in tech companies in a variety of industries like enterprise software, financial tech, and bitcoin. BoostVC backed companies have raise more than $500k, and the program has funded a total of 22 Bitcoin companies to date including Coinbase, Bitpagos, Follow The Coin, and Vaurum.
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....
The Sandbox launched a metaverse accelerator program aimed at developing potential startups. Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc to target 30 to 40 blockchain startups a year for the program.The Sandbox Metaverse Accelerator Program will allocate up to $250,000 in investment to each potential project and will give additional incentives to top-performing projects. The bonuses....