ELECTRIFY, Singapore’s first blockchain based electricity exchange, which successfully raised USD 30 million in an ICO in March, announced on Thursday that it will act as a founding sponsor of NEUTRINO, a blockchain focused coworking space. The initiative aims to address the lack of qualified blockchain talent in Southeast Asia and around the world. ELECRTIFY will also be a contributor to the recently launched Ethereum Community Fund (ECF), joining big-ticket projects like OmiseGo, Golem, Cosmos, Raiden Global Brain, and Maker in spurring greater coordination between Ethereum projects. The ECF seeks to create a high growth environment where teams and ideas can be nurtured to become fully-fledged parts of the broader Ethereum ecosystem.
“A fundamental desire to create bonds between communities and delivering value to the same is deeply ingrained in ELECTRIFY’s corporate DNA, providing the impetus that drives the company,” said ELECTRIFY CEO and Co-Founder, Julius Tan, in a statement. “We’re honoured to play a central role in NEUTRINO and the ECF, and for the opportunity to make a significant contribution to the blockchain community. This represents another step for ELECTRIFY in driving the continued development of blockchain, and we look forward to making the technology accessible to millions of people around the world.”
NEUTRINO will cover a 290sqm space in Tokyo and will form the basis of a blockchain information and talent exchange hub as well as ground zero for ELECTRIFY’s imminent expansion into Japan, the company stated. The coworking space is being developed jointly between the Global Brain Corporation and OmiseGo, with its CEO joining the ELECTRIFY Advisory Board in January 2018. ELECTRIFY also recently partnered with Streamr to develop monetization opportunities for customers who share their data, collected via its proprietary PowerPod energy tracking device.
ELECTRIFY also announced the addition of CEO of J-Seed Ventures and Director of Corporate Venture Capital at Tokyo Electric Power Company (TEPCO), Jeffery Char as an additional advisor, further positioning the organization for a strong push into Japanese energy markets.
- FED Chairman Offers Lukewarm Response On Impact, Utility Of Existing Cryptocurrencies - July 20, 2018
- Boeing Brings In SparkCognition For Help Developing UAV Management Systems - July 19, 2018
- Nervos Network Nets Nearly $30 Million To Build Hybrid Blockchain Platform For Enterprise - July 19, 2018
- Chinese Blockchain Companies Continue To Flourish, If Only In Name - July 18, 2018
- G20 Report Outlines International Collaboration On Standards For Crypto-Assets - July 17, 2018
- Hong Kong Readies Regulator-Backed Trade Finance Platform - July 17, 2018
- RMB to BTC Trading Falls To 1%. Is China Really Out Of The Crypto Game? - July 16, 2018
- Chinese Internet Trends May Spell Trouble For “Disruptive” Crypto Payments - July 13, 2018
- LINE Plans July Cryptocurrency Exchange Launch - July 3, 2018
- McAfee Labs Report 6x Increase in Crypto Mining Malware Incidents in Q1 2018 - June 29, 2018
- Facebook Updates Policy To Allow Vetted Crypto Businesses to Advertise, ICOs Still Banned - June 27, 2018
- Following in Vitalik’s Footsteps? Polkadot’s Habermeier Awarded Thiel Fellowship - June 26, 2018
- SingularityNET and Project Shivom Using AI on Genomic Data to Extend Human Life - June 26, 2018
- Microsoft & EY partner for Royalty Distribution in Gaming - June 26, 2018
- ABBC Foundation to Airdrop ABBC Tokens to First 500,000 Wallet Users - June 25, 2018
- Care Records of up to 30 Million UK NHS Patients go on Blockchain - June 25, 2018
- PundiX Signs UTRUST as Liquidity Clearing Provider for Crypto POS Hardware - June 22, 2018
- Blockchain on the Ballot: Indie Party Candidate Joins Texas Senate Race - June 21, 2018
- IONChain Aims to Challenge IOTA on a Chinese Battleground - June 19, 2018
- Takeaways From SEC Director’s Comments on Cryptocurrencies and Securities - June 19, 2018