RATE Group | An Ultimate Solution or Just a Tool for Startups?
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An Ultimate Solution or Just a Tool for Startups?

An Ultimate Solution or Just a Tool for Startups?

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After crypto prices went through the roof in 2017, an eruption of new tokens, companies and products occured. With such a high level of consumer and corporate interest, many promising projects were inevitably lost in the crowd. Fortunately enough, some of cryptocurrency’s biggest names offer their services to a select few projects that are they have deemed promising.

Companies that pick and nurture these future projects are known as incubators. Since mid-2018, many fortunate companies have been guided through their developmental stages by such companies. While being selected by a prominent incubator gives a company a huge advantage over its competitors, it does not always end in success.

So, what is an incubator?

In the modern tech world, there is an enormous oversupply of startups. There are now blockchain solutions for problems that most people didn’t even know existed. But for many startups, being snapped up by a larger company is now the end goal. For crypto-related projects,…

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