2018-6-21 20:22 |
Bluehill, a startup incubator for global blockchain projects, launched on Thursday after raising $50 million to support the IOST blockchain ecosystem.
Notably, the startup claims it will work with Binance Labs and Huobi Capital when investing in companies.
Though its fund will be used to back startups – including their finance, marketing, and recruitment needs – that are built on the IOST ecosystem, Bluehill told CoinDesk in an email that it is “open to all projects irrespective of whether they’re presently building on IOST.”
Among them, six are built on the IOST blockchain while the other one is developing its own blockchain protocol.
Launched in 2017, the IOST protocol seeks to provide a scalable blockchain network for the Internet of Services.
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