Ethereum Classic (ETC) covers back it loses to some extent as it surges in today’s (26th December 2018) market. After a prosperous pilot program by ETC which has just ended this December, the ETC blockchain startup throttle is ready to organize the very first cohort at the start of next year on 14th January. It will be held at the ETC office based in San Francisco.
After Ethereum Classic (ETC) announced that they will be requiring some new workers, different people applied for it and around 140 of them were considered by the ETC team, of which just 11 well-experienced startups were selected by the team.
ETC labs are planning to grow their network by rendering some new startups building. This will help ETC to enhance their blockchain network through the newly selected teams which will have admittance to the shared office space, developer support, and funding. This will improve ETC network and with different ideas gathering together will take the Ethereum Classic to a whole new level. The project is based on aiming to make direct investments and by linking the startups to a network of supporters, investors, and collaborators.
There are different teams which support the ETC ecosystem comprising of in-house ETC lab Developers. They will play their role in advising the startups throughout the project. The first cohort will include ardent startups and they are a big asset to the Ethereum Classic (ETC) network. The better and more experienced the team is the more innovative and unorthodox ideas ETC will bring in the market.
The Program Director of the ETC labs, Elizabeth Kukka said that they have experienced a great reply from the first batch of the startups. ETC has seen the startups showing their interest in the project and they are looking forward to it. The ETC team is also reviewing to add other projects on the ETC blockchain which are not on ETC yet. Ethereum Classic (ETC) are concentrated on the basics of the network which will produce a lot of new DApp ideas and advance the ETC blockchain further into the crypto industry.
So, the Ethereum Classic (ETC) network is much focused on the core of their network and this is what a real digital asset needs to do to stay in the market for a very long time. Most of the users observe the fundamentals of a digital network and ETC is one of the assets with a very strong core developed by a well-experienced team of engineers and other technical staffs.
Currently, Ethereum Classic (ETC) market is looking to improve as it has gained a bit of momentum. ETC price is aiming for $5 mark. At the time of writing, ETC was trading with a price of $4.86 USD and was rising with a rate of almost 2%. The market cap of Ethereum Classic was $520 million and it had a trading volume of $148 million.