Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE
200000048 – World Newser
•| #World |•| #Online |•| #Media |•| #Outlet |
View more Headlines & Breaking News here, as covered by cryptopolytech.com
Bitcoin Frontier Fund Debuts Revolutionary Ordinals Accelerator appeared on bitcoinmagazine.com by Namcios.
The Bitcoin Frontier Fund is introducing a groundbreaking accelerator program dedicated to companies in the Ordinals ecosystem, per a press release sent to Bitcoin Magazine.
Each selected Ordinals venture will receive a $100,000 seed investment, signifying a strategic shift toward Bitcoin’s technical enhancement.
The fund raised $6.95 million to support Bitcoin-focused companies — with a growing focus on Ordinals infrastructure firms such as Gamma, Xverse and lending platform Liquidium.
“Ordinals is what we’ve been waiting for,” lead investor Trevor Owens highlighted. “You always want to build as close to native Bitcoin as you can, and Casey [Rodarmor] has changed the game there.”
The Ordinals protocol introduces a novel approach to numbering satoshis — the smallest units of bitcoin — allowing arbitrary data to be inscribed to “ordinal” sats, owned and transferred.
BTC Inc. CEO David Bailey praised Ordinals for unlocking “a whole new wave of technical advancement on Bitcoin that was previously deemed impossible.”
Despite recent NFT market fluctuations, investments in Ordinals infrastructure are rising. Notably, Xverse wallet recently secured a $5 million funding round led by Jump Capital, with participation from BTC Inc.’s 2140 fund and financial heavyweight Franklin Templeton.
Applications for the Ordinals accelerator are now open via the Bitcoin Frontier Fund’s website. The fund aims to finalize its next Ordinals investments by Q4 2023, charting a transformative path for Bitcoin’s future through the Ordinals protocol.
FEATURED ‘News of the Day’, as reported by public domain newswires.
View ALL Headlines & Breaking News here.
Source Information (if available)
This article originally appeared on bitcoinmagazine.com by Namcios – sharing via newswires in the public domain, repeatedly. News articles have become eerily similar to manufacturer descriptions.
We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.
CPT (CryptoPolyTech) PPP (Public Press Pass) Coverage features stories and headlines you may not otherwise see due to the manipulation of mass media.
First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!