|

ConsenSys shortlists startups for accelerator program

  • ConsenSys selected ten startups for Tachyon, its accelerator program.
  • As part of the program, the startups will each receive $100,000 with a host of other benefits.

Ethereum development studio ConsenSys’s investment arm, ConsenSys Ventures, has selected ten blockchain startups for their accelerator program - Tachyon. As per ConsenSys Ventures, the selected projects are focused on building new blockchain-based solutions across various areas. The selected projects will receive the benefit of meetings, lectures from prominent entrepreneurs, developers and venture capitalists, as well as access to ConsenSys’ network. Plus, they are also going to get $100,000 each. The eight-week program will take place in Berlin and San Francisco.

Kavita Gupta, the managing partner of ConsenSys Ventures, said: “With the backing of the ConsenSys and Ethereum ecosystems, we aim to provide all the necessary tool-kits for our entrepreneurs to succeed both in the short term and in the long run.”

The selected startups are:

  • Blockchain-enabled DNA data bank Genomes
  • Energy market-focused blockchain startup Blok-Z
  • Protocol for self-sovereign identity Glimpse
  • Blockchain-backed data authenticity software maker Sensor.link
  • Litigation finance investment platform Lawcoin
  • Cryptocurrency security storage solutions provider Cypherock
  • Manufacturer of customized printed cryptocurrency cards Ether.cards
  • Smart contract and transaction security firm Sooho
  • Blockchain-based micro-insurance firm Ibisa
  • Open source protocol maker for including digital assets into links LinkDrop.

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

More from Rajarshi Mitra
Share:

Editor's Picks

Bitcoin Weekly Forecast: BTC drops below $68,000 as oversold signal fails to stop sellers

Bitcoin corrects more than 7% so far this week, hitting an intraday low of $67,568 on Friday. Rising liquidations, continued ETF outflows, and weakening risk appetite are leaving BTC vulnerable to further downside.

Ripple risks losing $1.00 support as 24-hour liquidations hit $20 million

Ripple remains on edge, trading around $1.00 on Friday. The remittance token’s sharp decline has persisted since November 5, initially triggered by the $6.3 billion Binance hack and later accentuated by the US midterm elections.

Crypto Today: Bitcoin, Ethereum, XRP extend losses as bears tighten their grip

Bitcoin's (BTC) sell-off deepens on Friday, with the spot price below $69,000. The largest crypto by market capitalization leads the intense selling, with Ethereum (ETH) below $2,000 and Ripple (XRP) hovering just above $1.00.

Bitcoin just posted five straight losing weeks, and the storm may not be over yet

Bitcoin is struggling to find support, slipping below $70,000 as multiple headwinds threaten to push the Crypto King lower. The much-anticipated “Uptober” rally failed to materialize, with persistent selling pressure and widespread liquidations instead reinforcing the “Rektober” narrative.

Bitcoin: BTC drops below $68,000 as oversold signal fails to stop sellers
Bitcoin (BTC) extends its correction, falling more than 8% and hitting an intraday low of $67,568 on Friday. Despite oversold technical signals, selling pressure continues to intensify, with persistent Exchange Traded Funds (ETFs) outflows, leveraged liquidations and weakening risk appetite weighing on the Crypto King outlook.