Colosseum raises $60 million to invest in winners of Solana hackathon program
Venture-capital fund Colosseum has raised $60 million to invest in select winners of Solana's hackathon program, with the aim of profiting from the blockchain's outsourced engineering and product-design competitions and attracting new developers. The fund will make pre-seed investments in winning Solana-based projects that enter a five-week accelerator program. Colosseum's combined programming and investments aim to support early-stage projects during a funding drought and expand the Solana ecosystem. Over 60,000 individuals have participated in Solana's hackathons, with projects raising over $600 million, including winners Ore, Banger.lol, and a Solana client that boosts transaction capacity and yield.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
