Hashed, a Korean blockchain project accelerator and investment fund, recently launched Hashed Labs, a startup program for founders focused on building decentralized applications that address real-world use cases. The first major focus for the new accelerator looks to be blockchain gaming, as the Hashed team sees video games as one of the best applications of […]
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While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions
Many venture capital firms have broken deals with companies in the crypto sector over the past several months. Barry Silbert, the founder and CEO of Digital Currency Group, a major cryptocurrency-focused venture capital firm that has invested in large-scale cryptocurrency businesses in the likes of Coinbase, bitFlyer, and Blockchain, has said that amidst falling crypto
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Why Fidelity’s Blockchain Incubator Lead Joined a Crypto Startup
Blockchain enterprise software startup Bloq has hired Fidelity alum Hadley Stern for its management team. Stern, who was the architect of Fidelity Investment’s digital assets arm, joins Bloq in the newly created role of chief operating officer where he will spearhead the next chapter of growth for the startup. Stern was the driving force behind Fidelity’s budding
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ETC Labs Hosts First Startup Incubator Pilot
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A Failed Idea – The CEO of India’s Biggest Startup Incubator Gets Facts Wrong As He Tears Into Bitcoin
Bitcoin has succeeded as an asset but has failed terribly as a currency. It has only gained traction within a very small niche following, lacking any use in real-world transactions. It only handles a very small number of transactions compared to its competitors like Visa, all while consuming large amounts of energy which further makes it unsuitable for mainstream use. This is according to Jay Krishnan, the CEO of India’s largest startup incubator and a venture advisor to SRI Capital, a VC firm with investments in augmented reality, e-commerce and industrial automation. Krishnan tore into Bitcoin in an op-ed for the Economic Times, calling it a failed idea. However, the startup veteran got many of his facts wrong, including the fees charged for a transaction which he greatly exaggerated.
India’s Biggest Startup Incubator CEO [Falsely] Says Bitcoin Failed Due to $20 Fees
According to Jay Krishnan, the CEO of T-Hub, India’s largest startup incubator & venture advisor to SRI Capital, Bitcoin has failed due to $ 20 transaction fees. Except that since December, for over nine months, the median transaction fee of Bitcoin has remained below $ 0.2. In December 2017, the demand for Bitcoin and other major cryptocurrencies … Continued
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The Daily: Binance Launches Incubator, Coinbase Adds Info on Top 50 Cryptos
In today’s edition of Bitcoin in Brief we cover stories about Binance exchange launching an incubator program meant to help the development of crypto startups and Coinbase adding educational information on the top fifty cryptocurrencies for its users.
Also Read: Bitcoin-Themed Hostel Opens in Scenic Brazilian Town of Paraty
Social Cryptocurrency Kin Selects 40 Apps for $5 Million Developer Incubator
The Kin Ecosystem Foundation, creator of the cryptocurrency backed by social media company Kik Interactive, has selected consumer 40 apps to participate in the inaugural edition of its development incubator. Announced on Wednesday, the program, which will fund 40 out of the more than 200 projects who submitted applications, will primarily feature new apps, though
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Paxful Expands Investment in Africa with Launch of Nigerian Blockchain Incubator Hub
Peer-to-peer marketplace Paxful has announced plans to construct a blockchain technology incubation hub in Lagos, Nigeria. The project — set to be launched this coming fall — will provide a coworking space for company staffers and offer services like networking for ICO advisors, corporate and individual blockchain training, and mentorship for Nigerian blockchain developers.
In recent years, Bitcoin’s popularity in Africa has experienced massive swells. Many residents do not have applicable access to traditional finance options due in part to inflation, strict monetary regulation and government corruption, and Bitcoin has provided them with the freedom and support they need to survive and purchase daily necessities.
Huobi Labs: An Upcoming $1 Billion Blockchain Incubator
Huobi, the premier Asian-based exchange, has just announced plans for a blockchain industry fund, research institute, and an incubator.
Blockchain “accelerator” projects, or incubators as they are more well known, seem to be all the rage lately, with key players in the industry getting involved with their own projects.
Just last month, Coinbase announced the creation of an early-stage venture fund which would help to promote and aid promising projects which Coinbase thinks would help the industry overall. In a move which was considered foolish by some, Coinbase noted that they would even consider investing in companies which would directly compete with themselves in attempts to help bolster industry strength.
Paytomat Joins Waves Lab Incubator and Receives Funding Boost
Paytomat is a global blockchain-based payment processing system created to help merchants, consumers and crypto core teams connect and create real-life traction for cryptocurrencies as the emerging method of everyday payments. Built as a decentralized autonomous organization and decentralized franchise, Paytomat features a loyalty program based on the PTM coin, incentivizing merchants to accept payments in crypto, and PTX tokens, thereby incentivizing customers to pay with crypto.
In preparation for its pre-sale which is due to start on the 2nd of April 2018, the start-up has secured 100,000 WAVES in seed funding and will become a resident of Waves Lab – a focused start-up incubator for new projects on the Waves platform.
Why Bitcoin Accelerators Need To Remain Vigilant In Their Search For Projects
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.
Swarm’s First-Ever Decentralized Demo Day: Five Unique Startups Launched all at once.
Swarm (http://www.swarmcorp.com/) is the world’s first distributed incubator that lets companies raise funds by issuing their own cryptocurrencies. Swarm just wrapped its first-ever Decentralized Demo Day and announced Techstars as the first-ever institutional investor to back its native token, Swarm Coins.
At the demo day Swarm launched five separate start ups simultaneously. This was done on their their own Swarm’s platform by using the crowdsale model. Alongside the crowdsale the startups were presenting demonstrations for the attendees, followed by live Q&As. The demo day was organised at the legendary Rosewood Hotel in the heart of Silicon Valley’s Venture Capital hub, Sand Hill Road. This is were the most daring, disruptive innovators from the Silicon Valley underground are located..