Bitcoin
Bitcoin (BTC)
$43,896.00 -0.16135
Bitcoin price
Ethereum
Ethereum (ETH)
$2,356.76 -0.01323
Ethereum price
BNB
BNB (BNB)
$240.08 0.18199
BNB price
Solana
Solana (SOL)
$73.15 -1.23565
Solana price
XRP
XRP (XRP)
$0.6597460 -1.55122
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000102 0.84776
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000016 -4.17249
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000096030 -7.98605
El Hippo price
Bitcoin
Bitcoin (BTC)
$43,896.00 -0.16135
Bitcoin price
Ethereum
Ethereum (ETH)
$2,356.76 -0.01323
Ethereum price
BNB
BNB (BNB)
$240.08 0.18199
BNB price
Solana
Solana (SOL)
$73.15 -1.23565
Solana price
XRP
XRP (XRP)
$0.6597460 -1.55122
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000102 0.84776
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000016 -4.17249
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000096030 -7.98605
El Hippo price
Bitcoin
Bitcoin (BTC)
$43,896.00 -0.16135
Bitcoin price
Ethereum
Ethereum (ETH)
$2,356.76 -0.01323
Ethereum price
BNB
BNB (BNB)
$240.08 0.18199
BNB price
Solana
Solana (SOL)
$73.15 -1.23565
Solana price
XRP
XRP (XRP)
$0.6597460 -1.55122
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000102 0.84776
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000016 -4.17249
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000096030 -7.98605
El Hippo price
Bitcoin
Bitcoin (BTC)
$43,896.00 -0.16135
Bitcoin price
Ethereum
Ethereum (ETH)
$2,356.76 -0.01323
Ethereum price
BNB
BNB (BNB)
$240.08 0.18199
BNB price
Solana
Solana (SOL)
$73.15 -1.23565
Solana price
XRP
XRP (XRP)
$0.6597460 -1.55122
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000102 0.84776
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000016 -4.17249
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000096030 -7.98605
El Hippo price

Solana Labs unveils incubator for web3 startups eyeing its network

solana-labs-unveils-incubator-for-web3-startups-eyeing-its-network
Edited by
News
Solana Labs unveils incubator for web3 startups eyeing its network

With the initiative, early-stage projects will get fundraising and other support from the Solana Labs team.

Solana Labs, the technology firm behind the Solana network, has announced the launch of a new initiative called Solana Incubator to help grow “the next great companies in the ecosystem.”

In an X thread on Thursday, Oct. 26, the firm said selected startups will get not only marketing, technological, and fundraising support. Although the initiative mainly focuses on Solana-related products, web2 teams incorporating web3 will also get onboarding and development support from Solana.

Developers can submit their applications to participate in the program until Nov. 30, 2023.

Solana’s latest effort seems to be another attempt to jeopardize Ethereum’s (ETH) position as one of the biggest blockchain ecosystems after Solana Anatoly Yakovenko called the blockchain a “digital carnival.”

As crypto.news reported in early October 2023, the Solana boss questioned Ethereum’s decentralization, saying the network represents a “novel spectacle of bourgeois upheaval.”

Solana is one of the first victims of the FTX collapse as the total value locked (TVL) in the ecosystem plunged 96% since its all-time highs, according to data from DefiLlama. As of press time, Solana’s TVL is at $380 million, representing a staggering decrease from more than $10 billion in November 2022.

Follow Us on Google News