ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
Home
Press release
Sep 26, 2018 12:00 JST
Source:
Hedera Hashgraph, LLC
Mind Fund and Hedera Hashgraph Partner to Create Helix, a Dedicated Hedera Accelerator
SINGAPORE, Sep 26, 2018 - (ACN Newswire) - Mind Fund, a Hong Kong based VC company that incubates and invests in the next global wave of technology companies, is pleased to announce the launch of the new Helix Accelerator (
https://www.helixaccelerator.com/
) in partnership with Hedera.
The Helix Accelerator, based in Hong Kong, is the first global accelerator to incubate projects building distributed applications exclusively on the Hedera hashgraph platform. The first batch will be recruited from the Hedera hackathons held in October across nine different cities on four continents.
"The hashgraph consensus protocol represents a new paradigm in distributed computing at scale, and the potential opportunities for distributed applications are immense," said Adam Lindemann, partner at Mind Fund. In order to help realize this potential, Helix is a systematic program which will provide funding and mentorship from technology and business veterans. The program runs ten weeks, and is based in Hong Kong, one of the most vibrant cities in Asia. All projects are expected to spend the full term in Hong Kong, where living accommodations will be provided. Helix has a beautiful 6,000 square foot office space in the trendy Wong Chuk Hang district, and each project will receive US$100,000 upon graduation.
After the program, all teams will get access to Global Incubation Stream, a networking initiative by Mind Fund and its Tokyo and San Francisco based partner, Digital Garage, which supports graduates from their respective accelerator programs around the world.
"We believe Hedera has the best chance of succeeding in building the enterprise grade public network that will be used by startups and enterprises for years to come. The quality of the team and the technology is unrivaled in this space and we want to help Hedera succeed by fostering the ecosystem with an accelerator. We think now is the perfect time for accelerators in the crypto space because the days of raising an ICO pre-product are over. It is advantageous for startups to at least have a working proof of concept before they raise institutional rounds and we believe Helix can help with this," said Mark Cheng, Mind Fund partner and Helix CEO.
"The Mind Fund team has a proven track record of selecting, incubating and scaling successful startups," said Edgar Seah, head of Asia Pacific for Hedera. "We are delighted that they have selected Hedera's fast, fair, and secure platform as the basis for Helix, and look forward to working with them and the companies that go through the program to build the next generation of distributed applications."
Mind Fund also participated in Hedera's recent $100M institutional round of funding.
About Mind Fund
Mind Fund is a Hong Kong based venture capital company that incubates and invests in the next global wave of technology companies. Established in 2010, Mind Fund aims to provide hands on support and investment to entrepreneurs and innovators at all stages of their development.
http://www.mindfund.com/
About Hedera
The Hedera Hashgraph platform will offer a public, distributed ledger that enables anyone to easily develop globally distributed applications. Developers can build secure, fair, lightning fast distributed applications on top of the Hedera Hashgraph platform. For more information, please visit
https://hederahashgraph.com/
, or follow us on Twitter at @hashgraph, Telegram at t.me/hashgraph, or Discord at
https://hashgraph.com/discord
.
For Media Enquiries
Joel Yee / Clarence Lim
E:
hashgraph@preciouscomms.com
T: +65 6303 0567
Source: Hedera Hashgraph, LLC
Sectors: Crypto, Exchange, Blockchain Technology, PE, VC & Alternatives
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Mitsubishi Shipbuilding Receives Order from the University of Tokyo for "MiPoLin" Power Prediction and Lines Selection System
Mar 28, 2024 16:45 JST
Mitsubishi Logisnext Completes Demonstration of Automated Truck Loading, Leading to Start of Actual Operations in Japan
Mar 28, 2024 13:52 JST
Toyota Releases Sales, Production, and Export Results for February 2024
Mar 28, 2024 13:35 JST
TANAKA to Install 500 kW Fuel Cell System to Promote the Use of Hydrogen Energy at Production Plants
Mar 28, 2024 03:00 JST
PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles
Mar 27, 2024 15:13 JST
NTT and Olympus Begin World's First Joint Demonstration Experiment of Cloud Endoscopy System
Mar 27, 2024 15:00 JST
TANAKA Holdings Announces Green Loan Financing for Construction of New Head Office Building
Mar 27, 2024 03:00 JST
JFE Steel and Hitachi Jointly Started Providing Solutions for the Steel Industry
Mar 26, 2024 19:04 JST
La Banque Postale and JCB join forces to elevate payments experience for travellers in France
Mar 26, 2024 15:00 JST
Fujitsu Tech Leverages AI and Underwater Drone Data for 'Ocean Digital Twin'
Mar 26, 2024 10:24 JST
NEC develops marketing strategy planning & effectiveness simulation technology using generative AI
Mar 25, 2024 10:08 JST
Toyota to Open New Tokyo Head Office in Shinagawa in FY2030
Mar 22, 2024 16:15 JST
Hitachi Selected as CDP Supplier Engagement Leader for the Third Consecutive Year
Mar 22, 2024 16:04 JST
Mitsubishi Motors Celebrates Production of 100,000th fully electric minivehicle
Mar 22, 2024 15:34 JST
JCB and AEON Credit Service Indonesia Launch the AEON JCB Precious Card
Mar 22, 2024 15:00 JST
JCB Issues White Paper on Calculating CO2 Emissions by Payment Method in Japan
Mar 22, 2024 12:00 JST
NEC and NTT successfully conduct first-of-its-kind long-distance transmission experiment over 7,000km using 12-core optical fiber
Mar 22, 2024 08:38 JST
Lifenet and Eisai Co-Develop Dementia Insurance "be"
Mar 21, 2024 17:36 JST
Toyota: Clarification of the Roles of and Expectations for Outside Executives, Revision of the Independence Assessment Criteria, and the Changes to Members of the Board of Directors and the Audit and Supervisory Board Members following the 120th Ordinary General Shareholders' Meeting
Mar 21, 2024 16:47 JST
Sales of Evolved GR Yaris to Start in April, While Purchasing Lotteries for WRC Driver-supervised Special Editions Start Today
Mar 21, 2024 16:31 JST
More Latest Release >>
Related Release
Bo Shen of Fenbushi Capital Joins Hedera Hashgraph as Strategic Advisor
March 13 2019 08:00 JST
Hedera Hashgraph Raises $100 Million to Further Develop Public Distributed Ledger Network and Dapp Ecosystem
August 01 2018 20:00 JST
More Press release >>