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0x (ZRX), an open protocol that facilitates the low-friction, peer-to-peer exchange of ERC-20 tokens on the Ethereum blockchain, has revealed a new accelerator program that will provide $ 10,000 to $ 100,000 in non-dilutive capital to develop dapps in the 0x ecosystem. Come build the next big thing with the @0xProject Ecosystem Acceleration Program! 🚀 We’re providing $ 10,000-$ 100,000 in non-dilutive capital […]
The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program.
Chain Accelerator has launched in France. It is the first startup acceleratordedicated to the blockchain that can call Europe its home. Among the organization’s chief operators are Hyperloop Transportation Technologies chairman Bibop G. Gresta, former SWIFT CEO Leonard Schrank, and Ledger president Pascal Gauthier.
The company will assist startups with initial coin offerings (ICOs), business development plans, marketing and public relations.
On June 1, 2018, GENEXI Biotech Accelerator will launch the sale of its utility token, GEN, which is essential for operating in the GENEXI ecosystem.
The GENEXI ecosystem is a decentralized platform aimed at supporting innovative projects in the biotech industry, as well as distributing biotech products under GENEXI’s quality seal. This is a niche, secure digital space for all interactions between manufacturers, distributors, and retailers of biotech products. High-tech, blockchain-based solutions ensure absolute transparency of the entire supply chain, from manufacturer to end seller, automate the majority of the supply system, eliminate middlemen and guarantee protection from counterfeit and fraud.
As part of New York Blockchain Week, Distributed Business Accelerator (DBA) publicly launched their global blockchain accelerator community designed to cultivate an ecosystem of blockchain startups.
The CEO of the project is Tom Tao, formerly of IBM and Chainbase Accelerator. In opening remarks, Tao gave his outlook on the industry and extrapolated on where he saw DBA adding value to the blockchain ecosystem, noting that “for startups, obtaining resources and attention quickly is one of the critical factors to attain success.”
A new batch of start-ups from across the world are being invited to apply for the third round of Katapult Accelerator in Oslo, Norway. To be selected, the start-ups must be early-stage and use exponential technology like blockchain or AI to solve a social or environmental challenge.
Haakon Brunell, Managing Partner and Co-Founder of Katapult Accelerator, remarked: “The Katapult Accelerator is the world’s first global for-profit accelerator focusing solely on impact and exponential technology. 200 impact investors from around the world participated at the demo-day for our first batch. We had access to 1,500 start-ups for the second round and we are excited to help the next batch of start-ups realize their dreams to solve global challenges,”
Intel, one of the world’s largest semiconductor companies, has filed a patent for a new Bitcoin mining chip accelerator. Entitled “Bitcoin Mining Hardware Accelerator with Optimized Message Digest and Message Scheduler Datapath,” the patent was originally submitted in September of 2016, but is now being released for the first time.
Bitcoin and cryptocurrency mining has long been under scrutiny for the excessive energy it allegedly uses. Countries like Iceland, for example, admit that more energy is used to mine Bitcoin than to power its residences, while cities like Plattsburgh, New York — a once-popular haven for commercial Bitcoin mining — have imposed strict moratoriums to lessen miners’ growing needs and the surging costs of electricity.
Fintech company Bankorus has announced its participation in the founding cohort of AI Catapult, the new blockchain and AI accelerator launched by the AI Platform and Research Division of Chinese retailer JD.com.
With more than 266 million customers and millions of brands from around the world on its platforms, JD.com uses drones, robotics and automation technology as well as smart supply chain, marketing and customer service applications. AI Catapult will give participating start-ups the opportunity to co-operate extensively with business units throughout JD.com’s retail business, providing real-world, large-scale applications for the AI and blockchain research and development.
Devery, a global blockchain start-up that provides verification solutions, has been named in JD.com’s inaugural blockchain accelerator program, AI Catapult Accelerator (AICA). The program is aimed at aiding startups which demonstrate talent in the blockchain space. Devery will bring tech expertise to support JD in the research and development of verification solutions using blockchain architecture, such as supply-chain tracking and identity management.
Chinese retailer JD.com has more than 266 million active customers, sells of millions of brands from around the world and hosts a marketplace of more than 160,000 trusted merchants. The company, which owns and operates its own nationwide logistics systems, has embraced AI and blockchain across its operations and seeks to facilitate the growth of the disruptive technology and its benefits, including increased security, transparency and efficiency.
In this day and age, there are a multitude of companies focusing on combining the power of blockchain technology with people looking to create an investment portfolio. Coinsilium is a London-based Fintech company who wants to drive innovation in Fintech and blockchain technologies to a new level.
Coinsilium – Investment, Acceleration and Development
A Fintech company working out of offices in the world’s financial district is nothing new these days. However, Coinsilium is not just your average Fintech firm, as they have a strong focus on blockchain technology, one of the most disruptive innovations in the world of finance since the early 20th century.
Regardless of which aspect of finance you are looking at, startup companies are facing so many uphill battles these days, it is becoming incredibly difficult to succeed. Most of that failure can be attributed to a lack of guidance from so-called “startup accelerators”, or lack thereof. But even these accelerators themselves are failing to do a low influx of proper investment-grade companies.
Startup Accelerators – A Business Model That Has To Change?
Most people view startup accelerators as a way for new companies to receive funding and guidance. And while there is some merit to that statement, no one stops and asks where that money is coming from. Startup Accelerators are a form of investment, by attracting promising teams and companies, investing in them with time and money, and expecting to see a return.
Time to check back in with the Greenbacks team, as we know they are working hard on improving their Accelerator (crowdfunding) platform. Even though the work is far from finished, they did post an update on their progress, so let’s take a quick look!
Progress on the coding part of the Accelerator is coming along nicely, and the developers feel they are roughly halfway done. No official ETA was given yet, but we will keep an eye on things and keep our readers updated accordingly.
The GreenBacks team will be releasing one of their projects later today, which is called the Accelerator. Some of you may know this as their crowdfunding platform, so we will take a closer look at it in a minute. A new unannounced feature was also revealed, so let’s take a look at that as well!
The original plan was to release the Accelerator to the general public yesterday, as quite a few screenshots were posted, which you can find here. Unfortunately, due to some unforseen delays, the project will be made available today. No major delay though, so nothing to worry about.