0x (ZRX) launches its own blockchain accelerator program

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0x (ZRX), an open protocol that facilitates low-friction and peer-to-peer peer-to-peer exchange ERC-20 token on the Ethereum blockchain, revealed a new acceleration program that will provide $ 10,000 to $ 100,000 in non-dilutive capital to develop dapps in the ecosystem 0x.

According to adThe new acceleration program aims to help start-up projects take off, invest in tools and programs that support companies that build on the ecosystem 0x and to promote technological discoveries through research grants.

"The ecosystem acceleration program 0x provides early stage projects with access to technical resources that will help reduce development time by anticipating the right products to the market," said Radar Relay CEO Alan Curtis. "With the financial and technical support of the team 0x, the program is a great opportunity for companies interested in making an impact with the protocol 0x".

Team 0x notes that it has allocated 150 million ZRX tokens to the fund, with plans to distribute over $ 1 million in grants annually. To date, there have been more than 15 projects accepted in the program.

This news comes a little more than a week after the launch of 0x 0x instantaneous, a new service that allows users to add seamless encrypted purchase and exchange functionality to any app or website.

Despite the positive news, ZRX fell 9.7% in the last 24 hours to $ 0.271797, giving the market a market capitalization of $ 150 million and thus becoming the 35th largest cryptocurrency.

Other: Announcement of the ecosystem acceleration program 0x
Related: 0x (ZRX) launches the new cryptographic purchasing system for websites

Disclaimer: the author of this article has participations in cryptocurrency that may be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct due diligence before making investments.

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