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Crypto staking platform Moonstake joins startup incubator program of IBM » CryptoNinjas

Written by James Smith

Moonstake, a staking pool protocol with B2B services platform, at present introduced it has been invited to be a Pal of IBM’s Hyper Defend Accelerator, a mentorship program enabling international tech startups with its top-class information safety, privateness, and safety options.

Over the previous two years, IBM Hyper Defend Accelerator has enabled 45 of probably the most thrilling and international fintech, well being tech, and insurtech startups. This yr, they’re working to extend this quantity to 100, bringing much more alternatives to international tech startups spanning a wider vary of industries together with music, schooling, authorized, and decentralized know-how.

This system is hosted in collaboration with Village Capital who has supported over 1,000 early-stage entrepreneurs by way of its packages. On this accelerator initiative, Village Capital is managing the enterprise mentorship facet of this system’s help companies whereas IBM is main technical enablement.

Startups had been chosen primarily based on a multi-step course of the place functions had been evaluated primarily based on information safety wants, use circumstances, product-market match, measurement, age, and talent to construct and scale. Finalist firms underwent a number of interviews and had been evaluated on each technical and enterprise components earlier than efficiently becoming a member of the Cohorts and Buddies of Hyper Defend.

Moonstake

Launching its enterprise in August 2020, Moonstake goals to create the biggest Asia-based staking community. Because the platform when dwell, the Moonstake group has continued to develop a user-friendly net and cell pockets with help for over 2,000 cryptocurrencies.

Since launch, complete staking belongings on Moonstake have grown to succeed in over $1.5 billion. Additional, Moonstake now supports 12 staking coins, the preferred non-fungible token (NFT) commonplace, and is working with Muse Finance to enter the DeFi market.

“I’m excited to announce that Moonstake is a part of the IBM Buddies of Hyper Defend Program. This has really been an ongoing sequence of discussions with IBM and Village Capital for a few months now, and we’re comfortable to see the formal announcement from IBM throughout their Z Day international occasion. That is aligned with our drive to supply a protected and safe expertise for our staking customers!”
– Founder of Moonstake, Mitsuru Tezuka

Hyper Venture Cohort

Cohort 4 and Buddies of Hyper Defend include 55 startups in fintech, well being tech, insurtech, regtech, edtech, legaltech, and information tech startups from twenty-four international locations, together with the USA, UAE, Mexico, Argentina, UK, Netherlands, Italy, Finland, Nigeria, Kenya, Israel, Singapore, Jordan, and extra.


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James Smith

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