European blockchain developer BoostyLabs and Hypra Foundation have launched Boosty Venture Studio, a venture studio for Web3 startups.
According to the statement, studio projects will receive technical support, investment assistance, legal and operational support and start-up capital up to $300,000.
The main focus is infrastructure projects, developer tools and various SaaS solutions.
The studio already has two portfolio startups, and Boosty plans to incubate five more by the end of 2022. One of the projects is developing a bitcoin liquid staking protocol.
