RATE Group | Will Biggest Blockchain Incubator Opening in Europe Benefit Cryptocurrency?
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Will Biggest Blockchain Incubator Opening in Europe Benefit Cryptocurrency?

Will Biggest Blockchain Incubator Opening in Europe Benefit Cryptocurrency?

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A group of blockchain-interested startups have joined forces to create a huge new incubator for startups in Paris, France. Known as the “The Garage”, the effort aims to enhance Europe’s position in the global blockchain industry.

The Parisian headquarters will serve as a hub for the industry. It will not only provide it greater visibility but also allow developers to share ideas and learn from one another.

Will New “The Garage” Blockchain Incubator Benefit Cryptocurrency Startups too?

In keeping with its aim to provide greater visibility to the blockchain industry, The Garage will be located across three floors of a building in Paris city centre. It will take up approximately 5,000 feet, according to a report in VentureBeat.

One of the brains behind the new blockchain incubator is Cyril Paglino. Paglino launched Starchain Capital, a venture investment company focused on startups experimenting with blockchain technology. He was originally drawn to the decentralised industry…

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