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 … [Read more...] about The Sandbox announces $50M fund for its startup accelerator program
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Republic of Palau and Cryptic Labs launch digital residency program
The Republic of Palau and blockchain development firm Cryptic Labs announced the launch of the Root Name System (RNS), a digital residency program on Tuesday.To inaugurate the partnership between Palau, Cryptic Labs and the sovereign-backed digital residency program, Palau’s President Surangel S. Whipps Jr. signed an agreement to grant “all global users” digital residency … [Read more...] about Republic of Palau and Cryptic Labs launch digital residency program
Umbrella Network launches $15M oracle accelerator program
Decentralized oracle service Umbrella Network has launched a new accelerator program for projects looking to build data pipelines to the cryptocurrency market, a process that many within the industry believe is necessary to grow the emerging domains of blockchain gaming, DeFi and the Metaverse. The $15 million accelerator program intends to fund companies that are bringing new … [Read more...] about Umbrella Network launches $15M oracle accelerator program
AVAX’s Ava Labs Among Startups Chosen for Mastercard’s Crypto Accelerator Program
“Whether it’s enhancing financial freedom or a new value-added service using stablecoins, we believe our new cohorts of Start Path crypto and digital assets companies combined with Mastercard’s expertise in the space will accelerate access to new ways to pay and prioritize choice for consumers and businesses,” Jess Turner, Mastercard’s executive vice president of new digital … [Read more...] about AVAX’s Ava Labs Among Startups Chosen for Mastercard’s Crypto Accelerator Program
Binance smart chain and Animoca brands set up a $200M program to sponsor GameFi projects
Global cryptocurrency exchange Binance has reportedly set up a $200 million fund that will directly invest the company’s stake in the emerging crypto gaming and metaverse sector of the digital space.As per the official blog post, Binance will be collaborating with Hong Kong-based Animoca brands through Binance smart chain $1B growth program.Binance and Animoca Brands to invest … [Read more...] about Binance smart chain and Animoca brands set up a $200M program to sponsor GameFi projects