First blockchain startup accelerator launched in Europe

Chain Accelerator, Europe’s first blockchain-focused startup accelerator, has been launched in Paris and aims to boost the growth of fledgling blockchain companies.

Members will receive a wide range of services including help and guidance on technical prototyping, business development, recruitment, public relations, funding, ICOs and more.

Nicolas Cantu, co-founder of Chain Accelerator, said: “At a time when the President and the government want to make Paris the capital of the ICOs, Chain Accelerator is positioning itself as a key player. By setting up a global and operational network in Paris, it brings together the best talent, extends the circle of contributors, and prepare for disruptions to help blockchain projects develop protocols in all sectors.”

More than 30 industry veterans from both the technology and finance worlds form the accelerator’s core team, including senior people from Hyperloop Transportation Technologies, SWIFT and Ledger.

“In France, as everywhere in the world, blockchain projects face many uncertainties and complexities, whether financial, legal, or technical,” added Pierre Person, member of the National Assembly for Paris. “Yet, this technology will revolutionize our daily lives.

“As such, it is essential today to have both a legislative framework enabling its full development and structures enabling the emergence of such projects. Our country must become a leader in the blockchain. I am convinced that Chain Accelerator – the first blockchain incubator – will contribute greatly to this.”