The partnership aims to accelerate adoption through providing tools and resources to dapp developers and entrepreneurs.
Eterna Venture Studio includes student groups from major universities such as Oxford, Cambridge and Imperial College of London along with PR marketing firm MarketAcross, and European startup ecosystem F6S.
Seven startups are already on board such as:
- MAX Markets, an international trading group launching a DEX
- PlanetWatch, a network of air quality sensors and people that aims to incentivize environmental monitoring
- SingularityNET, the world’s first decentralized AI network where anyone can create, share and monetize AI services at scale.
Andrea Bonaceto, partner at Eterna Capital Algorand, says that they are particularly interested in finance projects:
“Algorand is designed for the borderless economy so DApps in the financial sector will be well suited.”
“Algorand has developed an enterprise grade blockchain platform that is designed with developers in mind. We have been impressed with how quickly the Algorand ecosystem has grown since it launched last year.”