The rise of the crypto accelerators

As cryptocurrency fever grips the tech world, and blockchain technologies gradually become more viable, there is a new wave of accelerators and incubators appearing to service this growing ecosystem. Some are covering funding and services, some are about services only. It’s fair to assume, however, that some kinds of cryptocurrency will be changing hands, of course, not to mention the odd token here and there. The latest to join the throng is Waves which has a platform for blockchain-based token trading and raised $17m in their ICO. They aren’t the only ones, however, because the idea behind these incubators is to build out each protagonist’s ecosystem. As such, this going to be interesting to watch from the sidelines as each platform does its best to attract the best and brightest blockchain startups. This emerging world is not so much about old-fashioned “exits” as it is about creating a robust community in each case.

It was launched actually in Zug, a small canton (or municipality) that is part of Switzerland’s so-called Crypto Valley. Open Mineral has developed a multi-sided platform which will directly connect the mines and smelters of physical commodities such as copper, zinc and lead, aiming at increasing transparency and lowering fees. WealthArc is a SaaS platform for the $120 trillion investment management industry.

But the list does not end there.

As you can see this is just the tip of the iceberg that is the developing crypto accelerator world.

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