Singulariteam Creates Blockchain Hub in Israelbr>
Singulariteam, in partnership with CoinTree Capital and BlockchainIL, has launched Alignment, a new blockchain hub in Israel that will consult, develop, and fund blockchain early-stage projects and existing companies.
Singulariteam focuses on the development of technology-based companies by providing capital and additional supporting services. It invests in advanced technologies in the fields of artificial intelligence, robotics, augmented reality, and virtual reality, among others.
The clientele of the company includes Bancor, which raised $153M i its ICO; STOX, which raised $33M in its ICO; and KIK, with an ICO planned for September.
The new blockchain hub will help with the consultation, development, and funding of early stage blockchain projects and existing companies from inception through ICO and beyond. It wants to have a greater part in the development of reliable and profitable products and services using blockchain technology. Alignment’s services include token sale consulting, full turnkey ICO solutions, and venture capital for funding of new and existing blockchain projects.
“We believe blockchain will revolutionize every industry in the world,” says Moshe Hogeg, founder and chairman of The Singulariteam Group. “Our goal at Alignment is assist, develop, and fund unique and high-quality projects that will benefit the world with unprecedented new products, services, and business models.”