🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Aurora Labs Launches Incubator Program For EVM Developers on Near Protocol
Aurora Labs, the developing company behind the Aurora protocol, a network of customizable, Ethereum Virtual Machine (EVM)-compatible chains that run as smart contracts on the Near blockchain, has unveiled an incubator program for developers.
According to a press release sent to CryptoPotato, the six-week incubator program is named Aurora Blocks. It has been created to help set up and fast-track early-stage teams building AVM-compatible Virtual Chains on Near.
Aurora Labs Unveils Incubator Program
Aurora Blocks aims to offer five chosen teams a total of $250,000, technical mentorship, go-to-market support, and business advisory. The program is partnering with multiple Web3 firms focused on infrastructure, security, growth, and funding.
The firms include blockchain venture capital firms like CV VC, Lemniscap, and Web3 decentralized cloud services providers Aleph Cloud and Cere Network. Blockchain public relations and media marketing entity MarketAcross, security auditors Hacken, AuditOne, and crypto market maker Peanut Trade also partner with Aurora Blocks.
Additionally, the program includes the on-chain crypto data aggregator Mobula, the decentralized identity verification platform Privado ID, and Cookie DAO, a decentralised autonomous organisation (DAO) for artificial intelligence (AI) agents index.
These firms, including Near, will contribute 1:1 mentorship, workshops, advisory sessions, and infrastructure support throughout the program. Aurora Blocks targets sectors like Decentralized Finance (DeFi), AI, and DeFi plus AI (DeFAI). The program is also focusing on areas like Bitcoin layer-2 networks, real-world assets (RWAs), and decentralized physical infrastructure networks (DePIN).
Building 1,000 Chains on Near Protocol
The goal is to launch 1,000 Virtual Chains in 2025, with the incubator helping founders evolve from concept to fully operational networks. The chains will be focused on driving adoption and showcasing real utility.
Applications for the program are currently open but will close after May 28. Apply here and stand a chance to be selected to receive premium developer tools, mentorship, seed funding, and legal support.
Notably, Aurora Blocks will have a Demo Day on July 23, during which the chosen teams will debut their products to investors and the Near protocol.