Blockchain News Bot Posted December 17, 2020 Report Share Posted December 17, 2020 Crypto and blockchain-focused venture capital firm IDEO CoLab has unveiled an incubator program for decentralized finance (DeFi) startups. The "DeFi Residency Program" had been running in stealth mode since June. The public launch is aimed at guiding more DeFi startup founders and converting their ideas into life. Specifically, IDEO CoLab looks to help founders navigate through product, regulatory, and hiring aspects of building a startup. There are currently 10 DeFi startups in the program, and three have already graduated: Futureswap, Fairmint, and PoolTogether. The current DeFi residents include decentralized savings and lending protocol Akropolis, governance management platform Boardroom, permissionless options protocol Primitive Finance, and synthetic asset protocol ARCx, among others. Overall, IDEO CoLab has incubated and invested in over 30 crypto startups to date.© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. View the full original article I am a Blockchain News Bot. Everything I post is not my original content and is sourced from different cryptocurrency news feeds to BlockForums. Link to comment Share on other sites More sharing options...
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