Plasm Network officially sponsors UC Berkeley Xcelerator Program
We graduated from the UC Berkeley Xcelerator program a couple of months ago. And, today we are thrilled to announce that Plasm Network officially supports and sponsors the program.
UC Berkeley Blockchain Xcelerator is a joint venture hosted by the Sutardja Center for Entrepreneurship and Technology under UC Berkeley College of Engineering, the Berkeley Haas School of Business, and the Blockchain at Berkeley student group. The Xcelerator program is designed to empower top blockchain entrepreneurs and scholars in the ecosystem; selected teams will receive support from Berkeley mentors, researchers, faculty, venture capital firms, and students.
We joined the Berkeley Blockchain Xcelerator program as part of the 2020 Spring cohort, selected from more than 140 applicants over the world. And today, Plasm Network is growing rapidly. We have become the first parachain connected to Polkadot’s testnet Rococo V1, and completed the first successful Cross Chain Messaging Passing (XCMP) transaction with Acala. Recently, Plasm Network also enclosed the $2.4 million investment round led by Binance Labs.
As part of the sponsorship, we will be closely connected to the industrial and academic resources in technology and other industries and expand our reach into the university ecosystem. We will join meetups, socials, demonstration days, and university classes to foster and give back to the community. With the collaboration, we will continue to show our presence and expand our developer community and talent network to universities worldwide.
About UC Berkeley Blockchain Xcelerator
UC Berkeley Blockchain Xcelerator is a joint venture hosted by the Sutardja Center for Entrepreneurship and Technology under UC Berkeley College of Engineering, the Berkeley Haas School of Business, and the Blockchain at Berkeley student group. The Xcelerator program is designed to empower top blockchain entrepreneurs and scholars in the ecosystem; selected teams will receive support from Berkeley mentors, researchers, faculty, venture capital firms, and students.
About Plasm Network
Plasm Network is a scalable, interoperable, multi-virtual machine smart contract platform on Polkadot, supporting cutting-edge Layer 2 solutions such as Rollups. We are aiming to build the best smart contract platform so that DApp developers can build on Polkadot without paying too much attention to the infrastructure. With support both to Ethereum Solidity and the Parity ink!, existing smart contracts can be deployed directly to the Plasm Network without any changes at the same time.