TLDR:
- Colosseum, a new venture capital fund, has been launched to support and invest in Solana blockchain startups.
- The fund aims to foster innovation and startups within the Solana ecosystem by providing a platform for developers to participate in hackathons and launch new projects.
- The winners of previous hackathons have secured $600 million in venture funding, making them some of the largest tech hackathons globally.
- Colosseum also plans to offer an Accelerator Program that will provide pre-seed capital to select hackathon winners.
- The fund aims to increase global participation and discover the next generation of breakthrough startups in the blockchain space
