EOS Unveils $1M Seed Funding Program at Sydney Hackathon

Participants in the EOS-organized global hackathon can get $1 million in seed funding from VC to develop decentralized applications (DApps), the venture capital firm disclosed at the Sydney hackathon held last weekend.

The funding initiative, dubbed “Hack. Pitch. Launch.”, is set to invest $50,000 in five teams from each of the four hackathon stages, EOS protocol launcher Block.one said in a press release on Sunday.

“Kicking off the ‘Hack. Pitch. Launch.’ program in Australia will leave behind a footprint of investment that will increase the number of innovative DAPPs on the EOSIO blockchain. We’ve seen many i…

This article appeared first on Cryptovest

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