Blockchain investment company Eterna Capital and venture capital fund Borderless Capital partners to launch Eterna Borderless Venture Studio, to support projects on the Algorand platform.
The partnership aims to accelerate adoption through providing tools and resources to dapp developers and entrepreneurs.
We are excited to announce our first Venture Studio in partnership with @eternacapital focusing on @Algorand projects. We welcome to the first batch of companies joining the program @max_markets @monerium @PlanetWatchsas @singularity_net @stasisnet @orion_protocol @stonize https://t.co/KEG8itLTFg — Borderless Capital (@borderless_cap) April 16, 2020
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.”
Bonaceto continues:
“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.”
Source: Cointelegraph | Image: Eterna Capital