Community Labs Founders Launch Incubator Program AO Ventures to Advance Arweave and AO
ChainCatcher news, Tate Berenbaum, founder of crypto startup Community Labs, launched AO Ventures, a 10-week incubator program dedicated to promoting the development of Arweave and AO.
The program will begin in April, with a Demo Day in June, it said. More than $35 million has been committed to the investment pool.
It is reported that the Arweave network is used for "persistent information storage", while AO is described as a "hyper-parallel computer" whose core goal is to "combine the benefits of trust minimization with the speed of traditional computing environments."
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