LOS ANGELES (PRWEB) October 19, 2017
Science Blockchain, an incubator focused on sponsoring and growing leading companies in the blockchain space that recently launched its ICO, today announced that it was selected as the first developer-pool grant recipient by BLOCKv, a blockchain-based development platform for the creation of smart, secure and dynamic virtual objects.
BLOCKv developer-pool grants were created to incentivize the developer community to utilize the technology and proliferate the digital goods economy, unleashing the power of blockchain. As part of the grant, BLOCKv will contribute $500,000 of its V tokens to Science Blockchain projects over the next two years, improving the ability of Science and its portfolio companies to leverage BLOCKv technologies to create virtual goods and consumer-grade multi-media experiences called vAtoms. BLOCKv will benefit from Science’s track record and expertise in early-stage incubation and scaling businesses. Science Blockchain investors will benefit from the value its portfolio companies derive from BLOCKv’s improvements to the commercial utility of blockchain development.
“BLOCKv makes it very, very easy to consumerize blockchain applications across industries and use cases,” said Science Blockchain Founder and CEO Mike Jones. “Both Science and BLOCKv believe that applications of blockchain technology will become mainstream and support different businesses far in excess of how the underlying tech is used to date. BLOCKv’s platform helps lower the technical and interface barriers to adapting blockchain for business – a natural complement to our own investment focus – so we’re excited to be the first recipient of the grant.”
Science Blockchain’s ICO is currently underway, and while the composition of its portfolio is evolving, it’s expected that the completion of the funding event and development of its investments will accelerate the ways in which Science and BLOCKv will work together, both as co-investors and as technology partners.
Reeve Collins, Co-founder and CEO of BLOCKv stated, “As we approach our own token generation event, we’re looking for partners that can multiply our growing presence in the market and rapidly accelerate our efforts to disseminate BLOCKv technology as the standard user interface for blockchain-based tokens and applications. We’re really pleased to make Science Blockchain incubator our first developer-pool grant recipient, we know they build best-in-class companies so it is exciting to have them leverage the BLOCKv technology and help us showcase it to the world.”
About Science, Inc.
Science Inc. is the disruptive media, marketing and brand building company that creates, invests, acquires and scales successful digital businesses. Science brings together the best ideas, talent, resources and financing through a centralized platform. The platform is leveraged to develop new businesses, provide emerging startups with operational strategy and capital and transform later-stage Internet ventures with new talent and innovation. The company has co-founded and invested in more than 70 companies, including Dollar Shave Club, DogVacay, HelloSociety, FameBit, Earny, Pray and Mammoth, the media company that reaches 30% of U.S. teens every month through social broadcasting and App Store top 100 apps like Wishbone and Yarn.
About Science Blockchain
Recently, Science Inc. launched Science Blockchain, which will be the first incubator funded through an ICO and focusing on blockchain technology companies. The Incubator will partner with what it views as leading entrepreneurs to invest in and build a portfolio of blockchain and cryptocurrency related businesses that it feels are positioned for long term success. The near term objective of the Incubator is to create an environment where leading blockchain entrepreneurs can rapidly develop their business concepts, and utilize the Incubator resources (legal, technical, operational) to quickly and cleanly launch ICOs of their own. The long-term objective is to build the software giants of the next century. For more information, visit http://www.science-inc.com and http://www.science.tokenhub.com.
Headquartered in Zug, Switzerland, BLOCKv provides a development platform and community for the creation and distribution of dynamic, intelligent, experiential digital objects called vAtoms that bridge the gap between digital and physical worlds. Built on secure blockchain technologies, BLOCKv’s ‘smart’ digital objects work on any digital platform, are obtainable anywhere, store actual transactional value and are immune to fraud. When combined with the power and name-recognition of major brands, vAtoms have the power to transform the landscape of physical, digital and social advertising, micro-transacting, ticketing, gifting, coupons, promotions, and more. For more information, please visit https://blockv.io/.
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Jeff Koo, Sparkpr for BLOCKv
Maggie Squires, Moxie Communications Group for Science Inc.