After the launch party on the 25th, the Ethereum Classic (ETC) developer boot camp kicks off today. The Bootcamp will take place at 111 Ellis St Second Floor San Francisco, CA 94102 United States. According to the Ethereum Classic labs, the goal of this boot camp is to help nurture Dapps developments on the Ethereum Classic ecosystem, as can be seen in their mission statement below.
Ethereum Classic Labs is among the first incubators to accelerate innovative projects on the Ethereum Classic Blockchain (ETC). We are entrepreneurs and technologists who believe that good ideas thrive in a vibrant ecosystem. Our mission is to develop the ETC ecosystem, and to support entrepreneurs and their enterprises. Whether you have a great idea but are unsure of the full range of applications, or you already have a great product but need help taking it to market, Ethereum Classic Labs can help. We provide office space, advice, support, and access to a community of peers. We also provide direct investment in exchange for equity and/or tokens to help your start up grow.
This Bootcamp will have a significant impact on the Ethereum Classic (ETC) network in terms of its value growth going into the future. That’s because part of Ethereum Classic (ETC)’s value comes from the number of useful applications running on it. In essence, the fact that ETC labs is taking time to nurture Dapp’s development is a welcome move towards long-term growth.
There are lots of creative developers out there who can develop on ETC but don’t know where to start or how to go about it. But with guidance from the ETC team, such people will bring forth their expertise, and play a role in pushing up the value of the ETC ecosystem.
Besides, such boot camps are a confidence boost for investors. That’s because it is an indicator that the ETC community is proactive in ensuring that developments on the ETC network are a success. Investors like to see project development, and it is exactly what Ethereum Classic labs is adding to the ETC network through these boot camps.
From the ETC price action today, it is clear that this event has not gone unnoticed by the Ethereum Classic (ETC) investing community. While it is not the biggest gainer in the day, Ethereum Classic (ETC) is one of the cryptos showing positive price signals today. That’s a good signal because it goes to show that once some valuable Dapps emerge out of the efforts of the Ethereum Classic (ETC) labs, this crypto could rise significantly.
Beyond this Bootcamp and its potential, Ethereum Classic (ETC) is making some significant moves in terms of adoption and overall growth. For instance, it has gained a use case as a blockchain that be used in facilitating credible elections. ETC Dapps have also increased significantly since 2017. Now that it is listed on major exchanges like Coinbase, its value in the market could rise significantly, once bulls take control of the crypto market as they did in 2017. It is one of the cryptos to watch in the next Bull Run.