RootstockLabs and NXTP launched the first regional blockchain acceleration and adoption program aimed at start-ups and companies interested in developing their blockchain products, or migrating them from “off-chain” to “on-chain”.
On top of developing their capabilities with Rootstock stack technology benefits, they may be able to receive up to $100,000 in investments in order to implement their growth for the duration of the acceleration program.
The search will focus on Latin American start-ups at varying degrees of maturity which are developing innovative products or services that can be optimized by adopting Rootstock’s Bitcoin layer 2 technologies.
Also, companies that are in the process of adopting blockchain technologies and that are looking to widen and strengthen their value proposition by partnering with Rootstock will be summoned.
Rubén Altman, Head of Adoption at RootstockLabs commented: “We are very happy to launch this first acceleration program together with NXTP. This first program, and those in coming years, will be a key instrument in helping Latin American start-ups with the highest potential make the most of blockchain advantages in their businesses. NXTP’S expertise in business development, our technical and business know-how together with financial support, are key tools to assure a successful implementation in which the technological value quickly reaches businesses and end users”.
Marta Cruz, Managing Partner at NXTP, said: “The launch of Rootstock blockchain adoption and acceleration program is great news for all of Latin America. This program is one of a kind; it will empower the start-up ecosystem, companies, and corporations in the entire region to adopt one of the most disruptive technologies in recent years. We are very happy to continue to work closely with RoostockLabs. We were also early investors and we consider it to be one of the most disruptive companies in this industry, at a global level”.
The acceleration and adoption program has a strategy called “from Off-chain to On-Chain” that is based on helping those companies having an NXTP ecosystem-based technology to start getting integrated into the blockchain platform in order to improve and optimize their scaling processes and/or provide more transparent innovation to their clients.
The program is jointly operated by RootstockLabs, a key contributor to the Rootstock blockchain, together with NXTP Blockchain, the NXTP branch which is focused on developing this technology in Latin America.
About Rootstock
Rootstock is the first, biggest, and longest-lasting Bitcoin sidechain. It is the only Bitcoin layer 2 that combines the security of Bitcoin’s proof-of-work, with Ethereum’s smart contract capabilities.
Rootstock is open-source, EVM-compatible, and secured by over 60% of Bitcoin’s hashing power, which makes it a gateway to a vibrant ecosystem of dApps that continues to evolve to become fully trustless.
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About NXTP
NXTP is an early entrepreneurial capital company that invests in technology start-ups that create a positive impact model for all Latin America. With its first fund, NXTP has invested in over 190 start-ups in the last 7 years. It also manages a second fund focusing on Series, in which it has already made 5 investments. At the same time, the company carries out breakthrough programs for corporations that are looking to innovate through integration, investment and acquisitions of technology-based start-ups. It also manages entrepreneurial corporate funds of different amounts and different segments. It has offices in Argentina, Chile, Colombia, Mexico and Silicon Valley. For more information visit: https://www.nxtp.co.