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top-crypto-news Blockchain

Blockchain Academy Chile and Celo Foundation Launch Blockchain Business Incubation Program for Latin America

March 26, 2022
Reading Time: 4 mins read
0
What is Celo?

Celo enables participation on the Platform, with the opportunity to earn rewards through network participation. Celo’s stability mechanism and token economics are designed in such a way that demand for cGLD directly increases as demand for Celo Dollars (cUSD) and other stable value assets increases.

Interested teams will have until April 24th to send the application form. The start of the Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. Business Incubation is scheduled for May 9th of this year.

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***

The team of Blockchain Academy Chil e, in collaboration with the Celo Foundation, announced this week the launching of the first edition of the Blockchain Business Incubation for Latin America whose objective is to promote projects to become startups that have a measurable and achievable market, a business model that is sustainable in the medium term, as well as the development of a minimum viable, fast and scalable product.

Blockchain Academy Chile y Celo Foundation incubation program for projects will be launched

According to information published in a press release from Blockchain Academy Chile, The program in question will have a total duration of 18 weeks, and will be separated into three stages, so it will close refers to the closing price; similar to the same term used in stock trading. with a Demo Day in which projects will be able to present a pitch to investors, venture capital capital is most commonly defined as the large sum of money you would use to invest. funds and other accelerator programs.

The creation of this new accelerator program would be framed in the increase that this type of initiatives have seen throughout 2021, a year in which there was a record investment of about USD $20 billion in technology companies, which translates into an increase of 320% over previous years. Meanwhile, in Latin America, countries such as Venezuela, Argentina, Brazil, Colombia and Mexico are among the top 20 countries with the highest crypto adoption according to Chainalysis, por lo que este es un espacio donde hay mucho potencial para producir e implementar soluciones basadas en Blockchain and cryptocurrencies.

In relation to this first edition of the program, the communiqué reads:

“The program is created so that participating projects get advice and support from mentors who have experience in the development of blockchain startups in the region, in order to accelerate their development process and take an important part of this market an area or arena, online or offline, in which commercial dealings are conducted. in evident growth. Additionally, they will have access to specialized talks and workshops in each of the stages of the program, which consist of (i) the development of the project and business model, (ii) technical development and (iii) validation of the PMV. This will provide the projects with the necessary tools to later apply for an acceleration program.

Among the mentors who will support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. this initiative are renowned figures such as Anthony Chavez, Mauricio Tovar, Angela Ocando, Solange Gueiros, among others.

On this initiative, the Accelerator Lead para Blockchain Academy Chile Alejandra Pacheco, commented:

“There is an increase in the adoption of crypto and Blockchain solutions in Latin America, which represents an opportunity for growth and development of projects in the region. The problems are diverse, but so are the solutions, just look at the different projects that are currently in force in the region. In Blockchain Academy Chile, we are convinced of the potential and the opportunity to support these projects that, lacking a guide oriented to solutions of this nature, do not materialize and that participating in this Incubation program, will provide them with the necessary tools to be able to apply to acceleration programs”.

For his part, the Community Development Lead at the Celo Foundation, Daniel Olarte, noted:

“We have found a huge source of crypto talent in Latin America. The founders and programmers who are developing projects at Celo not only have technical expertise but also a deep understanding of the problems they want to solve. In the spirit of creating more and better programs to channel that talent we have worked with Blockchain Academy Chile to create such an incubator. I hope these are the first steps in creating a fruitful community of crypto entrepreneurs.”

Registration process and more information

For those interested in participating, the application form will be available on the Incubator’s website. ( https://incubadora.blockchainacademy.cl ) hasta el 24 de abril del presente año.

After receiving the applications, the responsible team will evaluate the applications and the selected teams will be announced to start the program. The program is scheduled to start on May 9th.

For more information about the programme, the tutors, the contents and the dates, you can visit the programme’s website aquí or if you prefer, you can also visit the social networks of the responsible team:

  • Twitter
  • Facebook
  • Instagram
  • Linkedin
  • YouTube
  • Telegram

For more information, you can write to academia@blockchainacademy.cl


With information from the official communiqué

Version by Angel Di Matteo / DiarioBitcoin

Image courtesy of Blockchain Academy Chile

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