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ConsenSys Ventures, the investment arm of the Ethereum development studio ConsenSys, has selected 10 blockchain start-ups for the second cohort of its Tachyon accelerator program.
ConsenSys Ventures announced Monday that the startups selected for the Tachyon 2.0 program would focus on creating new blockchain-based solutions, such as privacy, encryption, healthcare and decentralized finance.
The 10 startups will benefit from the acceleration program, which includes meetings and conferences with "leading" entrepreneurs, Ethereum developers and venture capitalists, as well as an access to the ConsenSys network, according to the company. Incubation efforts will take place in Berlin and San Francisco.
ConsenSys added that the German Bundestag, the German parliament, is holding a session today on discussions on the different areas covered by ConsenSys, including early stage incubation, legal and marketing. He will also introduce the introductions of each of the teams of the accelerator.
German MP Alexander Kulitz said in this announcement:
"The best support a government can give to entrepreneurs and innovative businesses is to avoid unnecessary and unnecessary regulation. It is not up to politicians to decide whether a product or entrepreneurial idea should be successful or not. The decision must be made by the demand of the population on free economic markets. Politicians must only guarantee equal conditions for all in free and fair markets. "
ConsenSys Ventures launched Tachyon as the first accelerator program focused on Ethereum in June of last year. The company said at the time that the first cohort of about fifteen projects would receive an investment of between $ 75,000 and $ 100,000, as well as the benefits of its eight-week program.
ConsenSys Ventures Managing Director Kavita Gupta said, "With the support of ConsenSys and Ethereum Ecosystems, we aim to provide all the toolkits necessary for the success of our entrepreneurs, in the short and long term."
The selected startups are:
- Genetic data bank activated by the blockchain
- Blok-Z, a young blockchain company focused on the energy market
- Autonomous identity protocol
- Sensor.link, manufacturer of software for the authenticity of the data saved in the blockchain
- Lawcoin Financial Litigation Investment Platform
- Cypherock, provider of cryptocurrency security storage solutions
- Manufacturer of personalized and printed EtherCards
- Sooho, security company for contracts and smart transactions
- Micro-insurance company based on the blockchain, Ibisa
- Manufacturer of open source protocols to include digital resources in LinkDrop links.
Kavita Gupta image via CoinDesk archives
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