Core Foundation sets up $5 million innovation fund to boost blockchain development in India

Core Foundation recently announced that it will set up an innovation fund of up to $5 million in the Indian market to support the innovation and development of blockchain projects. This move has not only attracted the attention of the blockchain industry, but also injected new vitality into the Indian technology community.

Key cooperation:

Federal Institute of Technology Bombay: Cooperate with top Indian universities to use its deep blockchain technology background to promote innovation in Indian blockchain technology.

Venture Capital Company Alliance: Establish a strategic alliance with leading venture capital companies to provide funding and professional guidance for blockchain projects.

Fund support:

Eligible blockchain projects will receive support in terms of funding, technology, market, etc., to help them grow rapidly and achieve remarkable results.

Prospects:

This move by the Core Foundation will strongly promote the development of the Indian blockchain industry and enhance India's position in the global blockchain field. We look forward to seeing more outstanding blockchain projects flourish in India!