ETC Labs incubator will kick off in first quarter of 2019: Program Director
Ethereum Classic Labs is among the first incubators to accelerate innovative projects on the Ethereum Classic blockchain (ETC). ETC Labs welcomes developers who are creating new tools and frameworks, or new applications on Ethereum Classic.
In a Medium blog published on Thursday, Elizabeth Kukka, Program Director at ETC Labs speaks about her contribution to ETC Labs, the pilot program, future growth plans, and her thoughts on the ETC blockchain.
ETC’s pilot program started on October 1 and six companies were invited to join the pilot program. “They will also have the opportunity to pitch their ideas to a roomful of investors at our launch event on October 25th. The goal of this pilot program is to put the incubator model to work and get feedback from these initial teams before going live,” Kukka says.
The ETC Labs incubator will kick off in the first quarter of 2019. The program has already generated quite a buzz among the developers and the incubator has received around 120 applications so far.
Speaking about Ethereum Classic she says, “With Ethereum Classic there is a lot of security on the main layer, and it doesn’t really matter what sidechains are used in conjunction with this. Also, the Ethereum Classic space is very competitive, with a lot of good ideas and startups with immense potential for growth.”
“In the near future, we plan to support around 20 to 24 startups per year, and that’s mostly due to capacity and how many we can accommodate at any given time. We would probably look at supporting 10 to 12 startups at one time. Support will vary depending on each project’s needs,” she adds, outlining ETC’s future plans.
With a mission to develop the ETC ecosystem and support entrepreneurs and their enterprises, ETC Labs welcomes innovative developments on Ethereum Classic.
Join our telegram group