LawCoin Joins Tachyon 2.0: Consensys Ventures Blockchain-Focused Accelerator
BERLIN, April 2, 2019 (Newswire.com) - LawCoin, a startup fintech company building a platform utilizing blockchain technology to offer regulatory-compliant tokenized investment in high-value lawsuits and legal claims, arrived at the German Bundestag in Berlin on April 1, 2019 for the kickoff of Tachyon 2.0 - the accelerator program run by the world-leading blockchain company ConsenSys Ventures. LawCoin is the only U.S-based company accepted into Tachyon 2.0 alongside nine other companies from across the globe.
Tachyon 2.0 is focused on building new blockchain-enabled solutions and platforms across data privacy and identity, advanced encryption, healthcare, AI and IoT solutions, decentralized finance, microinsurance and other sectors. It features programming time spent in global blockchain hubs of Berlin and San Francisco in which LawCoin will benefit from meetings and lectures with prominent entrepreneurs, Ethereum developers and venture capitalists — as well as access to ConsenSys’ vast and diverse network.
Noah Axler and Marc Goldich, the co-founders of LawCoin, released the following statement: “LawCoin is thrilled to have been accepted to join the Tachyon 2.0 cohort. The resources and domain experience of Consensys Ventures and the Consensys ecosystem will undoubtedly accelerate LawCoin’s growth and our mission of utilizing blockchain technology to unlock liquidity and expand the litigation finance market.”
Kavita Gupta, managing partner of ConsenSys Ventures, said, “We continue believing in providing support to promising entrepreneurs that need the accelerator format to refine their projects and ideas. With the backing of the ConsenSys and Ethereum ecosystems, we aim to provide all the necessary tool-kits for our entrepreneurs to succeed both in the short term and in the long run.”
About LawCoin
LawCoin is building the world’s first blockchain platform for tokenized investment in litigation and legal claims. By applying blockchain technology and crowdfunding principles to litigation finance, the LawCoin platform allows investors to securely champion legal causes and profit in positive outcomes and settlements. LawCoin is also the only blockchain-based crowdfunding platform for supporting socially beneficial legal action and social justice causes. LawCoin was founded by seasoned litigators, entrepreneurs, and programmers dedicated to utilizing blockchain technology to unlock liquidity and expand the market for litigation finance.
About Tachyon
Tachyon is the first-ever blockchain-focused accelerator created by Consensys Ventures that backs the most promising startups building on Ethereum across three main tracks: blockchain for-profit, open source and social impact projects.
About ConsenSys Ventures
ConsenSys Ventures is the external investment arm of ConsenSys that invests in pre-seed and seed-stage Ethereum projects across the Web 3.0 stack. Sector and geography agnostic, ConsenSys Ventures is building a circular economy where companies feed into one another while supporting the broader Ethereum ecosystem. ConsenSys Ventures aims to tie the existing Web 2.0 to the emerging Web 3.0 stack. For more information, please visit https://consensys.vc.
About ConsenSys
ConsenSys is transforming our present digital architecture toward a more open, inclusive and secure internet of value, commonly called Web3. With a more trustworthy internet architecture, we are helping individuals, enterprises and governments unlock new business models and value, gain efficiencies through a shared IT infrastructure and utilize cutting-edge cryptographic methods to safeguard private user data. We accomplish this through our unique global business developing the Ethereum blockchain, comprised of a startup incubator, Enterprise Ethereum consulting arm and investment fund.
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Source: LawCoin