Blockstream Launches Liquid Ventures Initiative, Unveiling Over $5M In Commitments
Blockstream Launches Liquid Ventures Initiative, Unveiling Over $5M In Commitments
June 8, 2020
Blockstream Launches Liquid Ventures Initiative, Unveiling Over $5M In Commitments
Blockstream Launches Liquid Ventures Initiative, Unveiling Over $5M In Commitments
June 8, 2020

Blockstream has launched its “Liquid Ventures Initiative,” which seeks to connect developers looking to build on the commercial sidechain with crypto investors. The initiative has received $5 million in commitments from its backers so far.

The Liquid Ventures Initiative is backed by over twelve Bitcoin-centric venture capital firms and entrepreneurs including: Nogle, Seven Seas VC, Blockchain Capital, Castle Island Ventures, Digital Garage Lab Fund, Electric Capital, Fulgur Ventures, Lemniscap, Proof of Capital and Stillmark.

Blockstream also announced its open of interest from startups who would like to be involved in its next Liquid Demo Day. 

Startups selected to participate in the next demo day “will be provided with technical support and operational guidance from the Blockstream team,”

ALSO READ :  Showtime's 'Billions' Airs Season 5 First Episode With A Bitcoin Mining Bust

Morover, they will get the opportunity to pitch their project to investors and startups involved in the program. 

Demo days will be held on a quarterly basis. The next event is expected to be held during August.

Blockstream’s first-ever Liquid Demo Day was held on May 18.

The events saw participation from developers representing six countries, including firms building settlement solutions, games, and asset issuance platforms on top of Liquid.

Blockstream is the firm behind the Bitcoin (BTC) sidechains Liquid and Lightning Network.


Source: Cointelegraph | Image: Unsplash

Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.