Ethereum Classic (ETC) is finally beginning to trade green color as caused by recent changes in the market, where the big rebound had occurred a few days ago. Before the rebound began, most of the currencies are going down in the market while trading in the red for one full week, day after day in a row.
Aside from adopting the latest trend of rising against the dollar when trading in green, Classic Ethereum has entered into the next chapter of development announced the official launch of the Classic Ethereum Labs, which is the platform of the incubator that will hosted in blockchain ecosystem ETC. Let's see what it incubator ETC and how Ethereum Classic did it lately.
Ethereum Classic Officially Launch Incubator Labs ETC
Last week was a sign of the week Blockchain which took place in New York City. On this occasion, many visitors have the opportunity to learn more about the digital assets that are part of this SUMMIT, as well as incorporate intelligent introspection about what it's blockchain technology.
On this occasion, Ethereum Classic utilizes a good atmosphere, announced the official launch of an incubator Ethereum Classic Lab.
That's how blockchain annual meeting ends with the Ethereum Classic (ETC) announced the launch of an incubator ETC they are. Incubator will host on the network will be Classic and the Ethereum serve the purpose of funding projects that are considered important for the development of technology.
It is considered that the ETC is entering the next phase of its technical development with the launch of this project; they have gained support from the Jack Lee and Digital Finance Group, as well as by Digital Currency Group.
Capital flows are calculated to Ethereum Classic Labs brings a total of 50 million dollars and an incubator has assembled a top team with the goal of creating a perfect environment to support and fund projects.
Aside from creating a secure and protected environment for launching various projects, Ethereum Classic Labs will provide findings for the most important and most promising.
In conjunction with the proposed project and funding increased, Ethereum Classic Labs will also give full support to all project start-up.
In terms of support, Ethereum Classic Labs will provide guidance, funding, technical support, Office space, creative environment, consultation for all projects, providing resources from the industry that revolves around the selected project.
If needed for specific projects, the support of incubators will even provide training.
The purpose of the incubator is not only reflected in project funding that can be considered valuable but also stands as an environment that could bring the community of crypto together into shared experiences, spreading and adopting new knowledge and create together, and in that way contribute to a brighter. future technology-based blockchain.
In addition to providing support for all the projects that will be developed under conditions of the Ethereum Classic Lab, is expected to see further forward in the ETC field of technical development.