Oasis Labs is said to enter into partnership agreements with leading venture companies and funds to launch a new project that will help technology blockchain startups.
According to the released reports, the new project called Oasis Startup Hub will be designed to provide assistance to companies that develop privacy-first blockchain platforms. Investments for the project will come from such giants as Accel, a16z crypto, Binance Labs, Pantera Capital Polychain Capital as well as other companies.
With this startup hub, the companies will get an access to innovative technologies before others, while investors will provide their reviews and comments on the development processes. Specifically, the development teams will cooperate directly with Oasis Labs specialists and investors. For that purposes, the hub will reportedly hold workshops and closed meetings.
"We’ve seen strong interest in our private testnet from companies and developers who want to build scalable applications that protect user data and put privacy first–and are constrained by existing platforms. We’re encouraged by the diversity and volume of application developers who share our values and validate our approach. We designed the Oasis Startup Hub to bring experts together for invaluable interactions around how to design, build and deliver exciting new applications," noted CEO Oasis Startup Hub.
Oasis has already selected some companies to launch the hub, though refuses to comment on the names. However, Oasis' clients are said to do business in the area of high-privacy applications.