Ubisoft selects blockchain startup for its Entrepreneurs Lab

Ubisoft selects blockchain startup for its Entrepreneurs Lab

Aleph.im, a blockchain-based storage and computing startup, has been selected to participate in the sixth season of Ubisoft’s Entrepreneurs Lab, offering further exposure to the emerging blockchain industry. 

The French video game developer has been running the Entrepreneurs Lab for the past six years, offering startups and entrepreneurs the ability to access company resources and expertise as they scale up and commercialize their products. This season’s focus is “blockchain and positive entertainment.” In addition to Aleph.im, 11 other startups from Canada, Europe and Australia have been selected to participate.

Our top trading bots

“We are very proud to be welcoming all of these talented startups for the 6th season of the Ubisoft Entrepreneurs Lab,” said Virginie Haas, the chief studios operating officer at Ubisoft.

Jonathan Schemoul, CEO of Aleph.im, explained his company’s focus:

“Our primary mission is to make decentralized cloud services a reality. It is really encouraging to have such a successful business getting behind our vision of creating the next generation of cloud services that will be open-source, unstoppable and trustless.”

The mentorship program gives Aleph.im the opportunity to enhance its decentralized ecosystem with direct support from Ubisoft domain experts. The end goal, according to Aleph.im, is to merge blockchain technology and social entertainment to “drive the future of entertainment.”

2021 has been a big year for blockchain startups, with venture capital and private equity firms pouring hundreds of millions of dollars into dozens of projects. Unlike the 2017 ICO craze, it’s smart money that’s leading the capital raises, with the likes of JPMorgan Chase, Mastercard and UBS pledging large amounts of money.

Continue reading about Cointelegraph
LUNA flips Ethereum, becoming second-largest network for staked value
According to data from Staking Rewards, Terra (LUNA) has flipped Ether (ETH) in terms of staked value, with $29.5 billion worth of LUNA locked up compared...
Are crypto and blockchain safe for kids, or should greater measures be put in place?
Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that...
Polygon raises $450M in Sequoia-led funding round
Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further...
Australia's largest crypto exchange will sponsor tennis star Ajla Tomljanovic
BTC Markets, the largest digital assets exchange in Australia, has announced it will be sponsoring professional tennis player Ajla Tomljanovic for the Australian...
Just 1.3 million Bitcoin left circulating on crypto exchanges
In glad tidings for an orange Christmas, Bitcoin (BTC) supply is drying up to lows not seen for years. In a recent tweet by CryptoRank, just 6.3% of the...
Cardano Falls 11% In Selloff
Investing.com - Cardano was trading at $1.5222 by 07:50 (12:50 GMT) on the Investing.com Index on Friday, down 11.43% on the day. It was the largest one-day...
Traders brace for a drop to $58K if Bitcoin price loses the $62K support
Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the $62,000 level.  An...
SEC extends four Bitcoin ETF deadlines by 45 days
The United States Securities and Exchange Commission has extended the deadline of four Bitcoin exchange-traded funds (ETF) on Friday for 45 days, citing...
Three US Senators propose narrowing crypto tax language in infrastructure bill
Lawmakers have written an amendment to an infrastructure bill in the United States Senate which proposes excluding certain crypto companies from the reporting...
The future of art? World-famous artists delve into NFTs
For millennia, the world of art has remained unchanged for the most part. The tradition has always revolved around artists selling their work to museums,...
Asset manager QR launches Bitcoin ETF on Brazilian stock exchange
The Brazil Stock Exchange, or B3, has launched the trading of another Bitcoin (BTC) exchange-traded fund, marking the growing acceptance of the crypto industry...
MicroStrategy could hold more than $4B in Bitcoin after latest private offering and crypto purchase
Business intelligence company MicroStrategy has completed its $500 million offering of secured notes, and said it plans to use the proceeds to purchase...
Feast or famine on Dogecoin as Coinbase pump triggers whales’ return
Some of Dogecoin’s (DOGE) observable metrics depict a blockchain in violent flux amid the fallout from the meme coin’s Coinbase Pro listing. The dollar...
Finance Redefined: The slow march forward, March 24–31
Finance Redefined is Cointelegraph's DeFi-centric newsletter contextualizing major events in the previous week. Subscribers receive a copy every Wednesday.Editor's...
Blockchain To Use In The USE
Breakthrough technologies, including cloud technologies and blockchain system, will be applied to the USE. The head of Rosoboradzor Sergei Kravtsov announced...