Aurora Labs, the development company behind the Aurora Protocol, a network of adaptable, Ethereum Virtual Machine (EVM) compatible chains that are carried out as smart contracts in the nearby blockchain, has unveiled an incubator program for developers.
According to a press release to CryptopotatoThe six-week incubator program is called Aurora Blocks. It is made to help with setting up and accelerating teams at an early stage of building AVM-compatible virtual chains on the neighborhood.
Aurora Labs reveals an incubator program
Aurora Blocks is intended to offer five chosen teams a total of $ 250,000, technical mentoring, market support and business advice. The program works together with multiple web3 companies focused on infrastructure, security, growth and financing.
The companies include blockchain venture capital companies such as CV VC, Lemniscap and Web3 Decentralized Cloud Services Providers Aleph Cloud and Cere Network. Blockchain Public Relations and Media Marketing Entity Marketacross, Security Auditors Hacken, Auditone and Crypto Market Maker Peanut Trade also work together with Aurora Blocks.
In addition, the program includes the on-chain Crypto-dataggreator Mobula, the decentralized identity verification platform Privado ID and Cookie DAO, a decentralized autonomous organization (DAO) for Artificial Intelligence (AI) Agents Index.
These companies, including Near, will contribute throughout the entire program 1: 1 mentorship, workshops, advice sessions and infrastructure support. Aurora blocks goals sectors such as decentralized finances (Defi), AI and Defi Plus AI (Defai). The program also focuses on areas such as Bitcoin Layer-2 networks, Real-World assets (RWAS) and decentralized physical infrastructure networks (Depin).
Build 1,000 chains on almost protocol
The aim is to launch 1,000 virtual chains in 2025, where the incubator helps founders from concept to fully operational networks. The chains will be aimed at stimulating adoption and presenting real usefulness.
Aurora Labs CEO Alex Shevchenko Said, “We’re Building the Future of On-Chain Ecosystems-One Virtual Chain at A Time. This Incubator is about More than Funding; We’re Giving Teams the infrastructure, Guidance, attract and momentum, and momentum,, and momentum, and momentum,, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum, and momentum. Blocks is what allows us to turn bold ideas into reality. ”
Applications for the program are currently open, but close after 28 May. Register here and have a chance to be selected to receive premium developer tools, mentorship, seed financing and legal support.
Aurora blocks in particular will have a demo day on July 23, in which the chosen teams will debut their products to investors and the Near Protocol.