Internet Computer contributor Dfinity commits $15 million to accelerator platform | Headlines | News | CoinMarketCap
04/09/2024 20:16
Dfinity Foundation, a major contributor to the Internet Computer blockchain, plans to invest $15 million in an accelerator platform called …
Dfinity Foundation, a major contributor to the Internet Computer blockchain, plans to invest $15 million in an accelerator platform called Olympus.
"Olympus supports the development and adoption of web3 technology across multiple ecosystems," Dfinity said in a statement. "The acceleration platform is a first of its kind platform and will be used by teams around the world to organize and launch their own accelerator programs."
Dfinity, based in Zurich, said that by the end of this year, Olympus will transition into a decentralized autonomous organization, or DAO.
"The $15 million in funding will be used to support development and maintenance of the Olympus platform and will also be used to fund the first few cohorts of accelerators," the organization told The Block. "These …