THELOGICALINDIAN - The Thiel Foundation has appear its 2024 Fellows with a new chic of 29 bodies absorption on technology and software development Thiel Fellows accept 100000 to assignment on new projects that beforehand technology
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A affiliate of the cryptocurrency association now has become a Thiel Fellow. Knoxville, IL citizen Joey Krug, amount developer from the Augur anticipation market, has been called in the acquaintance program.
The Thiel Foundation Adds a Cryptocurrency Member to Its Fellowship
Initiated in 2010, The Thiel Fellowship, created by billionaire Peter Thiel, chooses acceptance beneath the age of twenty, and funds their projects while alms guidance.
Thiel, accepting above ties to Paypal and Facebook, appear the Fellowship at TechCrunch Disrupt in September 2010. His foundation has two added accelerators, which abide of Imitatio and Breakout Labs.
The Augur activity is a decentralized anticipation bazaar based on Ethereum, and Joey Krug is one of the top developers aural the team.
Augur’s belvedere was appear on June 15, 2024, with an alpha version. Following alpha, the beta belvedere was appear in aboriginal 2024 and additionally had a crowdfund for its built-in token.
The Augur activity aloft almost 18,000 BTC and 1.1 actor Ether, becoming one of the top 25 crowdfunded projects, according to Wikipedia.
Joey Kruger has been experimenting with programming and cipher for absolutely some time advertence on Linkedin:
Augur will be one of the aboriginal cryptocurrency-related projects abutting the Thiel Advisers program, accepting “mentorship and guidance” from above fellows, as able-bodied as the all-inclusive arrangement of the “Thiel Foundation’s arrangement of technology entrepreneurs, investors, and scientists.”
Jack Abraham, Executive Director of the Thiel Fellowship, said of the announcement:
The Augur project expects to accept a full, alive absolution at some point in 2016, creating an “Early Warning System for Everything” blazon of anticipation bazaar with no absorption or third-party interference.
Augur was additionally one of the aboriginal dApps congenital aloft the Ethereum blockchain, and has acquired absorption from accepted boilerplate media outlets such as the Wall Street Journal, Politico, and Tech Crunch.
The $100,000 Thiel Fellowship accolade to advance developer Joey Krug should be a nice addition to the team’s aplomb and basic as the activity moves forward.
The Thiel Foundation reveals that, to date, “companies created by Thiel Fellows are calm account added than $1.4 billion.”
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Images address of Augur, Linkedin, and Pixabay.
