In Paris, the Chain Accelerator, the first blockchain-incubator in Europe, began its work. This is reported by Finance Magnates.
Chain Accelerator will help startups developing projects based on blockchain-technologies, find financing, prepare for ICO and create a finished product. The incubator worked six months in a pilot mode and during this time supported 13 startups.
co-founder of Chain Accelerator:
“The president and the government want to make Paris the capital of the ICO, and Chain Accelerator becomes a key player. Establishing a global and operational network in Paris, we will unite the best talents, expand the community and help blockchain projects develop protocols for all sectors. “
Veterans of the IT industry and giant companies took part in the creation of the project. Accelerator launched with the support of presenters Hyperloop Transportation Technologies, SWIFT, Ledger and other experts.
Chain Accelerator will help blockchain projects not only in terms of technical developments. Experts will help develop a business strategy, find employees, and understand marketing and public relations.
In 2015, France launched the French Tech Ticket program, under which foreign startups can obtain visas for their employees, small grants, and assistance in administrative matters. In 2017, the country began to give out startups and investors preferential visas.