Business & Economy Startups LongHash to launch incubation program targeting early stagers blockchain projects

LongHash to launch incubation program targeting early stagers blockchain projects

- Advertisement -

The incubation program is supported by Singapore government agency Enterprise Singapore

LongHash, the global-scale blockchain incubator, will launch an incubation program tha focuses on getting behind early-stage blockchain startups. The program will be centered in the product development, go-to market strategy, and fundraising, all done through maximising the incubator’s network and blockchain experience.

For the initial cohort that will run from this month to March this year, five startups have been selected. LongHash has shared that it plans to incubate up to 30 projects for the next two years with the goal to help these projects eventually set up regional offices in Singapore.

Also Read: Malaysia’s dropshipping platform Kumoten secures pre-Series A funding from Cradle Fund

- Advertisement 1-

“Singapore is a key strategic location for LongHash for three reasons 1) friendly regulatory environment and generous government support, such as Enterprise Singapore’s backing of LongHash; 2) vibrant South East Asia blockchain community with Singapore at the center of it; 3) vast amount of potential use cases for the use of distributed technology. We expect to see Singapore playing a pivotal role in shaping global blockchain technology landscape,” said Emma Cui, CEO of LongHash Singapore.

LongHash’s mission with their base in Singapore is to accelerate the development and understanding of blockchain technology.

Aside from partnering with Enterprise Singapore, LongHash also has global partners that include blockchain venture capital firm Fenbushi as well as Chinese conglomerate Wanxiang Group.

“Blockchain is an emerging technology that can potentially benefit many industries with its application. We hope that LongHash can nurture more successful blockchain startups in Singapore through its network of experts and mentors,” said Yeo Meow Ling, Director of New Industries at Enterprise Singapore on welcoming more global incubators.

Also Read: Thailand’s official tech center to include blockchain-based voting

LongHash’s current global network includes offices in Shanghai, Tokyo, Hong Kong, Berlin, and Zug.

- Advertisement 2-

The post LongHash to launch incubation program targeting early stagers blockchain projects appeared first on e27.

Source: E27Follow us on Social Media

Send in your scoops to news@theindependent.sg 

- Advertisement -

Read More

TikToker surprised to see SAF PT shorts featured in Shopee’s CNY sale

Singapore — Well, the shorts are red, after all.  And maybe someone at Shopee believes that wearing the dri-fit shorts used for physical training at the Singapore Armed Forces Officer Cadet School (OCS) during the Lunar New Year celebrations could bring...

Buy fish if you can’t afford chicken, President Halimah once said: Netizens point to pomfret’s pre-CNY price of $100 per kilo

Singapore -- As the price of premium fish such as pomfret and red grouper soar exponentially ahead of Chinese New Year, several netizens have...

‘Proud of my contribution to Singapore law’ — Lim Tean celebrates pub case win

Singapore — Lawyer and opposition leader Lim Tean called a judgment handed down by the High Court on Thursday (Jan 27) as one of...

Man rescues mynah with cable ties on mouth & legs in Pasir Ris

Singapore — A man walking along Pasir Ris Street 71 on Jan 15 spotted a Javan mynah with a cable tie on its mouth...

Healing the Divide’s Iris Koh now in SGH, hit with more serious charge of criminal conspiracy to lie to MOH

Singapore – Iris Koh,  co-founder of controversial anti-vaccine group Healing the Divide, had her the charge against her last Sunday upgraded on Friday (Jan...

TikToker surprised to see SAF PT shorts featured in Shopee’s CNY sale

Singapore — Well, the shorts are red, after all.  And maybe someone at Shopee believes that wearing the dri-fit shorts...

Buy fish if you can’t afford chicken, President Halimah once said: Netizens point to pomfret’s pre-CNY price of $100 per kilo

Singapore -- As the price of premium fish such as pomfret and red grouper soar exponentially ahead of Chinese...

‘Proud of my contribution to Singapore law’ — Lim Tean celebrates pub case win

Singapore — Lawyer and opposition leader Lim Tean called a judgment handed down by the High Court on Thursday...

Man rescues mynah with cable ties on mouth & legs in Pasir Ris

Singapore — A man walking along Pasir Ris Street 71 on Jan 15 spotted a Javan mynah with a...
Follow us on Social Media

Send in your scoops to news@theindependent.sg