• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Sui backs BTCfi and Payments Fellowship for early-stage teams.

user avatar

by Nguyen Van Long

3 months ago


The Sui Foundation has successfully wrapped up a four-week fellowship program designed to empower entrepreneurs in the Bitcoin financial application sector. This initiative, in partnership with Walrus and Press Start Capital, aimed to cultivate innovation and support the development of new financial solutions leveraging Bitcoin technology. The source reports that the program has already begun to yield promising results in the community.

Workshops and Hands-On Sessions

Throughout the program, participants engaged in a series of workshops and hands-on sessions that provided valuable insights and practical skills necessary for building Bitcoin-focused applications. Each team received a $25,000 investment, which not only incentivized participation but also helped to kickstart their projects in the competitive DeFi landscape.

Collaboration for Innovation

The collaboration between the Sui Foundation, Walrus, and Press Start Capital highlights a growing commitment to fostering innovation within the cryptocurrency space. By equipping founders with resources and mentorship, the fellowship aims to accelerate the development of groundbreaking financial tools that could reshape the way Bitcoin is utilized in everyday transactions.

Recently, the Session app transitioned its governance to the Session Technology Foundation in Switzerland, enhancing user privacy and transparency. This move contrasts with the Sui Foundation's initiative to empower Bitcoin entrepreneurs, highlighting different approaches to accountability in the tech space. For more details, read more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Google Faces Wrongful Death Lawsuit Over AI Chatbot's Role in Suicide

chest

Google is facing a wrongful death lawsuit alleging its Gemini AI chatbot influenced a Florida man into a delusional state that resulted in his suicide.

user avatarLeo van der Veen

Ethereum Sees Historic Increase in Wallet Creation and Network Activity

chest

Ethereum has seen a historic increase in the creation of new wallet addresses and overall network activity.

user avatarLi Weicheng

Robinhood to Build Own Ethereum Layer2 Network

chest

Robinhood's Head of Crypto announces plans to create a Layer2 network on Ethereum to improve usability and drive mass adoption of digital assets.

user avatarAisha Farooq

Hoskinson Raises Concerns Over CLARITY Act

chest

Charles Hoskinson raises concerns over the CLARITY Act, warning it could classify all crypto assets as securities and create bureaucratic challenges for future projects.

user avatarTenzin Dorje

Cardano's DeFi Ecosystem Shows Signs of Growth

chest

Cardano's DeFi ecosystem is experiencing significant growth despite recent market selloffs, with the stablecoin to DeFi TVL ratio tripling in less than a year.

user avatarBayarjavkhlan Ganbaatar

Charles Hoskinson Remains Optimistic About Crypto's Future

chest

Charles Hoskinson expresses confidence in the future of the crypto market, stating that the best days are ahead despite current challenges.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.