Community Labs Ignites Arweave with $35M AO Ventures Program

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Community Labs unveils the commencement of AO Ventures, a ten-week business incubator geared towards fostering the expansion of the Arweave network. With an investment of $35 million, this program will begin on April 23, offering a prosperous environment for the development of inventive decentralized storage technologies.

It’s time to build.

— ao (@aoTheComputer) April 11, 2024

Empowering Web3 Innovators

At AO Ventures, we distinguish ourselves by providing precious mentoring and technical assistance to our participants. We extend an invitation to projects that make use of the AO Computer, which leverages the decentralized structure of the Arweave blockchain, to embark on this transformative experience.

With Arweave’s distinctive Blockweave technology powering a versatile, safe platform, this undertaking welcomes a wide range of projects to join and reap advantages.

At the end of the program, projects have the opportunity to showcase their new ideas to prominent venture capitalists, which could lead to more expansion and progress in the Arweave community.

Through this project, Community Labs demonstrates its dedication to building a more linked and robust digital community. It aims to ensure the durability and availability of information throughout the online world.

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2024-04-11 21:24