A new platform led by a former Solana executive will look to drive builder adoption in the ecosystem by managing hackathons and an accelerator program.
The Solana Foundation is set to double down on efforts to attract developers and startups to its ecosystem by handing over the management of hackathons and an accelerator program to an online platform called Colosseum.
The organization will run two to three annual online hackathons for the Solana Foundation and the Colosseum Accelerator, a five-week program for hackathon winners to be fast-tracked into the Solana ecosystem. Projects accepted into the accelerator program will also receive a pre-seed $250,000 investment from Colosseum.
Colosseum co-founder Matty Taylor, who spearheaded the Solana Foundation’s hackathons as its former head of growth, tells Cointelegraph that the ecosystem has made significant strides in making its technology stack more developer-friendly since Solana’s inception.