Stone Ridge Holdings Groupparent company NYDIGhas launched Wolf’s Clothing, a New York City (NYC)-based Bitcoin startup focused on the Lightning Network, according to a press release sent to Bitcoin Magazine.
Wolf aims to invite founders and startups from around the world to New York for eight weeks at a time to “focus on developing, growing, and raising money for Lightning-powered companies.” The program is open to all applicants, accepting companies building on Lightning and Taro with a wide range of themes.
“We are launching Wolf to empower the best founders and teams around the world to build that future. If you have an idea, proof of concept, or early stage business related to Lightning, Wolf will help you build and scale,” said Wolf CEO Kelly Brewster.
Woolf will provide accepted applicants with accommodation and transportation from anywhere in the world and receive a guaranteed investment of $250,000.
“Over the past year, the Lightning Network has reached critical mass, and we expect its growth to accelerate from here,” continued Brewster. “That growth is bringing a wave of innovation and development that will shape the future of decentralized finance.”
Accepted applicants will have the opportunity to work with Wolf’s full-time in-house advisors who are experts in a wide range of topics such as Bitcoin, Lightning and Tallow, as well as marketing, branding, engineering, sales, regulation, cryptography, etc. there is.
Ross Stevens, Founder and CEO of Stone Ridge and Founder and Executive Chairman of Wolf, said: “Lightning’s progress this year has been phenomenal, and the introduction of Taro will further accelerate Bitcoin’s innovation and progress.”
A group of collaborators who have worked with Stone Ridge and NYDIG for many years will also invest in Wolf and become program mentors.
“Wolf lights up the Bitcoin bat signal in the sky. If you are a founder or startup team around the world and are passionate about Lightning, we want you,” said Stevens. I’m here. “If you want to work tirelessly to make the world more decentralized, power more decentralized and central planning a distant memory, join us.”
Anyone who wants to apply for Wolf can apply here.