Binance Labs, the venture arm of cryptocurrency exchange Binance, today announced a grant of USD $15,000 to each of its first three open-source Fellowship projects.. Ironbelly, a mobile wallet for the Grin blockchain; HOPR, a privacy-preserving messaging protocol; Kitsune Wallet, an upgradeable on-chain wallet Binance Labs, the venture arm of leading cryptocurrency exchange Binance, today announced a grant of US$15,000 to each of its first three open-source Fellowship projects: Ironbelly, a mobile wallet for the Grin blockchain; HOPR, a privacy-preserving messaging protocol; and, Kitsune Wallet, an upgradeable on-chain wallet.Ironbelly, HOPR and Kitsune Wallet will join the Binance Labs Fellowship ... The last project to receiving funding from Binance’s investment arm is the Kitsune Wallet, an on-chain wallet that is upgradeable. According to its very own developers, the Kitsune Wallet is simply a smart contract-based account that can hold cryptocurrency assets in a single contract or address. At the same time, it can easily change appearance depending on what the user prefers. The Binance Labs is the investment sector of Binance. Recently, Binance Labs gave out a total of $45k as grants to three startups. The startups are creating open-source blockchain technologies and they all received $15k each from the investment arm of Binance. The startups that received the grants are HOPR (privacy-oriented messaging protocol), Ironbelly (a mobile wallet for Grin/MimbleWimble ... Binance created the Binance Labs investment arm as a way for the company to invest in other projects. According to recent reports from CoinDesk, Binance Labs has found three startups working on open-source blockchain technologies – Ironbelly, HOPR, and Kitsune Wallet. Each one has been given a $15,000 grant. Binance Labs Fellow: Kitsune Wallet, Upgradeable On-Chain Wallet We would like to introduce the next Binance Fellow, Hadrien Croubois , and his project Kitsune Wallet . Kitsune Wallet (formerly known as UUIP - Universally Upgradeable Identity Proxy) was also the winner at our 2019 ETHParis bounty.
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