Internet Computer contributor Dfinity commits $15 million to accelerator platform

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Internet Computer contributor Dfinity commits $15 million to accelerator platform
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Dfinity Foundation will invest in an accelerator program that supports development of web3 tech across multiple ecosystems

Dfinity Foundation, a major contributor to the Internet Computer blockchain, plans to invest $15 million in an accelerator platform called Olympus.

Dfinity, based in Zurich, said that by the end of this year, Olympus will transition into a decentralized autonomous organization, or DAO. In the future, Dfinity said cohorts will gain funding through a native token generation event, or TGE. Olympus will provide a "consolidated platform for open and sustainable project acceleration by providing access to grants, crowdfunding, VC investments, and referrals all in one place and on-chain," Dfinity said in its statement.

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