• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Nexo

LongHash Ventures Partners With Terra To Provide $500K Funding to web3 Projects

Bitcoinist by Bitcoinist
2 months ago
in Industry
0

The growth of the web3 space has been unprecedented and unstoppable. Be it cryptocurrencies to the Metaverse and NFTs, and even Decentralized Finance (DeFi), the space is ever-growing, and those who know how to tap it right can advance the growth significantly.

LongHash Ventures aims to do precisely that, and for the same, it has taken its next major step.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Terra joins LongHash Ventures

In a press release today, LongHash Ventures announced its partnership with Terra ecosystem’s parent company Terraform Labs.

Through this partnership, the four-year-old investment fund will be launching the Terra arm of its LongHash Accelerator, which has partnered with blockchains including Polkadot, Filecoin, and Algorand in the past.

As per the Accelerator program, the DeFi protocols that show potential are invested in and accelerated through LongHash’s network of web3 leaders. In the past, through the accelerator program, LongHash Ventures has accelerated protocols such as Mintable, Acala, Balancer, Zapper, and many more.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

With Terra joining the Accelerator program, ten projects will be joining as well who will receive up to $500k in funding and guidance in 6 key areas of development, including – product strategy & design, tokenomics, governance, and tech mentorship, community building, and fundraising.

Commenting on this partnership, Co-Founder and CEO of Terraform Labs, Do Kwon, stated,

“The LongHashX Accelerator has a consummate track-record as one of the most successful programs for accelerating Web3 startups. The new Terra cohort unlocks a streamlined pathway for builders to pursue bold ideas replete with first-class resources, workshops, and guidance – further accelerating a wave of innovation in the Terra ecosystem.”

Throughout the program, the protocol developers will have the opportunity to communicate and receive support from industry leaders. And towards the end of the program, on the ‘Demo Day’, these developers will have the opportunity to pitch their Dapp to the investors.

LUNA on the charts

Terra’s capabilities as a DeFi blockchain are well known. With over 26 protocols on the chain, Terra has already amassed $30.17 billion in TVL (total value locked) to become the second biggest DeFi chain in the world behind Ethereum.

But Terra’s native token LUNA is performing just as exceptionally on the investment front. Just yesterday, the altcoin marked a new all-time high of $119.5 before taking a break today to cool down from the overheated market.

Given the chain’s recent debacle with the falling Anchor reserves, which were boosted by Luna Foundation Guard (LFG) for $450 million, and the plans for building a $10 billion Bitcoin reserve for its stablecoin TerraUSD, Terra is serious about its future plans.

And this partnership would undoubtedly prove to be a huge support for Terra and LUNA to breach its next resistance of $120 and establish a new all-time high.

 

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Polkadot Pioneers Prize Names Manta Network The Architect “Open Division” Competition Advancing Zero-Knowledge Technology

Polkadot Pioneers Prize Names Manta Network The Architect “Open Division” Competition Advancing Zero-Knowledge Technology

12 hours ago
‘Tokenizing Assets’; Bob Ras, Sologenic CEO, Reveals The Mantra Of The Financial Future

‘Tokenizing Assets’; Bob Ras, Sologenic CEO, Reveals The Mantra Of The Financial Future

12 hours ago
Mykola Udianskyi

Mykola Udianskyi Reaches New Accolade as Best Digital Currency Influencer for 2022

17 hours ago
How To Spot a Trustworthy Crypto Casino

How To Spot a Trustworthy Crypto Casino

4 days ago
Naughty MOAI – The Ecosystem For Real World Impactation on Metaverse

Naughty MOAI – The Ecosystem For Real World Impactation on Metaverse

4 days ago
B2Broker to Offer Annual Payments for its B2Core, MarksMan, and B2Trader products

B2Broker to Offer Annual Payments for its B2Core, MarksMan, and B2Trader products

4 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.