ScalingX, a leading blockchain solution provider, has announced its collaboration with Outlier Ventures, a global leading Web3 accelerator and investor on its Zero Knowledge Proof Base Camp accelerator program. The partnership aims to leverage the potential of ZK-based solutions to enhance the scalability and privacy of blockchains.
ZK technology is a breakthrough in the blockchain space as it enables privacy-preserving transactions while maintaining the integrity and transparency of the blockchain. Outlier Ventures recognizes the increasing demand for privacy and scalability in the blockchain industry and the important role that ZK technology plays in enabling the next wave of innovation in Web3. Through this partnership, ScalingX is committed to expanding the reach of ZK technology and empowering businesses and organizations to conduct transactions with greater security and privacy.
“We are thrilled to be partnering with Outlier Ventures on this exciting project,” said Chichi Hong, the Co-founder of ScalingX. “Outlier Ventures has a proven track record of investing in and supporting innovative technologies, and we believe this collaboration will help us bring the benefits of ZK technology to a wider audience. Our goal is to provide businesses with the tools they need to succeed in the digital age, and this partnership takes us one step closer to achieving that goal.”
The Zero Knowledge Proof Base Camp accelerator program is established to offer funding, mentorship, and resources to early-stage startups and entrepreneurs building solutions in the Web3 space. In particular, the program offers a 3-month dedicated support period and up to $200,000 in follow-up investment. Outlier Ventures and ScalingX have partnered to accelerate the development and adoption of ZK technology by leveraging their extensive experience in the industry and offering their network of partners, which ultimately leads to a more secure and scalable Web3 ecosystem.
“We are excited to be partnering with ScalingX on our first Zero Knowledge Proof Base Camp accelerator program,” said Benjamin Meyer, the Chief Product Officer at Outlier Ventures. “ScalingX has a proven track record of delivering innovative solutions, and we believe this partnership will help us bring the benefits of ZK technology to a global audience. Our goal is to support founders who are focused on shaping the future of Web3 and we think that ZK Proofs are key to onboarding the next billion users to Web3.”
The collaboration between ScalingX and Outlier Ventures marks an important milestone in the development and adoption of ZK-based solutions for blockchain. Both companies are committed to supporting founders who are dedicated to driving innovation and advancement in the Web3 space, making an impact on the future of blockchain technology.
About Outlier Ventures
Outlier Ventures has been backing startup founders since 2014, with a renowned reputation as the go-to authority for Web3 founders, investors, and enterprises, to help shape the future of the Metaverse.
Following huge growth, Outlier Ventures is the most active investor globally within the Web3 ecosystem (by volume), with a portfolio of 221 startups from every region of the world across its Base Camp and Ascent programs, helping raise over $350m in seed funding across its various accelerator programs. Outlier Ventures has also supported the launch and growth of several billion-dollar crypto economies including Biconomy, Boson Protocol, Fetch.ai, Secret Network, Blox Move, and DIA Data.
Outlier Ventures designs bespoke programs that help refine business strategy, product-market fit, community growth, token design, and governance as well as investor and mentor networks.
For more information, please visit www.outlierventures.io
About ScalingX
ScalingX is a global developer community dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through education. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.
Website: https://www.scalingx.xyz/
Github: https://github.com/scalingx/
Twitter: https://twitter.com/scaling_x
Medium: https://medium.com/@scalingx
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Disclaimer: This is a paid post and should not be treated as news/advice.
Source: https://ambcrypto.com/scalingx-and-outlier-ventures-join-forces-to-pioneer-zk-based-solutions-for-blockchain/