Stone Ridge Holdings Group, genitor institution of NYDIG, has launched Wolf’s Clothing, a New York City (NYC) based Bitcoin commencement up dedicated to the Lightning Network, per a property merchandise sent to Bitcoin Magazine.
Wolf aims to bring founders and startups from each implicit the satellite to NYC for 8 weeks astatine a clip to “to absorption connected the development, growth, and backing of companies gathering connected Lightning.” The programme volition judge companies gathering connected Lightning and Taro crossed a wide scope of themes and is unfastened to each applicants.
“We are launching Wolf to empower the champion founders and teams from astir the satellite to physique that future. If you person an idea, a proof-of-concept, oregon an early-stage concern that touches Lightning, Wolf tin assistance you physique and scale," said Kelly Brewster, CEO of Wolf.
Wolf volition supply accommodations and proscription from anyplace successful the connection for accepted applicants and they volition person a guaranteed concern of $250,000, but for 1 victor per cohort which volition person $750,000.
"Over the past year, the Lightning Network has deed captious mass, and we expect that its maturation volition lone further accelerate from here," Brewster continued. "That maturation is ushering successful a question of innovation and improvement that volition signifier the aboriginal of decentralized finance.”
Accepted applicants volition person the accidental to enactment with Wolf’s afloat clip in-house advisors, experts connected a wide scope of topics including Bitcoin, Lightning, and Taro, arsenic good arsenic marketing, branding, engineering, sales, regulation, cryptography, and more.
"Every erstwhile successful a while, a exertion breakthrough comes on and changes everything. That's Taro," said Ross Stevens, Founder and CEO of Stone Ridge and Founder and Executive Chairman of Wolf. "The advancement successful Lightning this twelvemonth has been staggering, and the instauration of Taro is going to service arsenic a further accelerant for innovation and advancement successful Bitcoin.”
Long clip radical of collaborators moving with Stone Ridge and NYDIG volition besides put successful Wolf and beryllium mentors successful the program.
“Wolf shines the Bitcoin Bat Signal successful the sky: if you are a laminitis oregon startup squad anyplace successful the satellite who is passionate astir Lightning, we privation you,” said Stevens. “If you are consenting to enactment tirelessly to marque the satellite much decentralized, powerfulness much diffuse, and cardinal readying a distant memory, articulation us."
Those funny successful applying for Wolf tin bash truthful here.