Chainlink Labs, the developer of a decentralized oracle network on the Ethereum blockchain, has announced the launch of a program to help cryptocurrency startups build businesses on the blockchain.
According to the company, the “Startup with Chainlink” program will provide aspiring entrepreneurs with access to free information resources, community groups, and business and technical experts.
Chainlink Labs CEO David Post said the initiative will provide startups with information on scaling and best practices, as well as access to industry-specific events and webinars. Projects that achieve impressive results will be able to work with prominent industry professionals and venture capitalists.
“Our program will help blockchain startups get things right from the start, so they can grow their operations and have a long-term foothold in the ecosystem,” Post said.
One of the main goals of the program is to help young projects focus on creating new designs and concepts. Post noted that many startups get stuck in the initial stage when they try to rethink an already existing design. According to Post, the program will not only help young blockchain projects grow, but also have a positive impact on the entire industry:
“The result of our work will be a more interconnected blockchain ecosystem based on sustainable projects with stronger connections. A stable system will help create a strong Web3 ecosystem that will benefit people all over the world,” he said.
Earlier, the head of business development at Chainlink Labs, William Herkelrath, said that DeFi companies will interact with the real world through metaverses.
Source: Bits
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