By launching a startup incubator, Solana Labs is hoping to foster the development of more applications on its Layer 1 blockchain.
Solana Labs is launching an incubator aimed at convincing startup founders to choose Solana as their blockchain of choice.
While the startup incubator is organized by Solana Labs, which has raised $314 million in a private token sale, the move follows other notable and recent initiatives seeking to spur growth on the network. These efforts have included both a hackathon and an artificial intelligence accelerator, each launched by the Solana Foundation, the nonprofit whose mission is to grow the Layer 1 network.Solana isn't the only chain investing in attempts to foster more innovation on its blockchain.
The Solana incubator plans to help startups by providing guidance that includes advice on engineering, go-to-market strategies and fund raising, which will include exposure to venture capital firms.
France Dernières Nouvelles, France Actualités
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