Ignite (formerly Tendermint) is spearheading a $150 cardinal concern successful teams gathering wrong the Cosmos (ATOM) blockchain ecosystem.
Announced Tuesday, the halfway contributor to Cosmos improvement is teaming with 11 crypto concern firms to money “early-stage projects that person already initiated development.”
The accelerator’s archetypal radical of strategical partners see Sam Bankman Fried’s Alameda Research, KuCoin Ventures, OKX Blockdream Ventures, Hashkey Capital, Chorus One, Figment, Chainlayer, Strangelove Ventures, Forbole, Everstake and Galileo.
An Ignite spokesperson tod CoinDesk the accelerator is targeted astatine immoderate multichain crypto project, not conscionable those processing connected Cosmos.
Ignite has opened applications for the archetypal circular of the six-month programme and plans to enactment 20 projects per year.
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