The BSV blockchain provides governments, enterprises, and developers with robust features to integrate their projects into the web3 space. However, developers still require proficiency in programming languages to construct applications and businesses, unlocking their maximum capabilities.
Vaionex’s AI Forge incubator programme aims to address these and other tech shortfalls in the space through cutting-edge AI technology and expert guidance, says Nathan Cropper (Head of Business Development at Vaionex).
‘You may have known us as the company behind Block Dojo, and now we have spawned a new incubator programme called the AI Forge. We are also a company which has created many community-based products supporting the BSV blockchain.’
What is the AI Forge?
AI Forge is an intensive 12-week incubator programme in London and Miami, designed to accelerate the creation of AI companies that solve real-world problems. Led by seasoned entrepreneurs, the programme offers hands-on training with more than 60 sessions. It operates three Cohorts per year starting in September 2023, aiming to build great products, teams, and returns for founders and investors.
With access to cutting-edge technology and expert mentorship, participants can develop their ideas into viable products and services that have the potential to revolutionise industries.
Startups can rely on in-house entrepreneurs, AI and industry experts to gain inspiration, brainstorm new ideas, and even pivot an existing AI project to new heights. The AI Forge also promises a very granular financial model to determine the business idea’s viability.
Breaking the stigma around blockchain
Cropper said that Vaionex has seen particular interest from the payments and gaming industries. ‘By partnering with regional providers, payment solutions and so on, we’re actually able to reach markets that we wouldn’t have been able to,’ he said. However, Cropper noted that there is still an unfair stigma around blockchain technology which needs to be addressed before it sees widespread adoption.
‘They are pretty obvious challenges which I think everybody who is building on blockchain comes up against. Immediately when you mention the word blockchain, they assume crypto. Not to make all the crypto people upset, but compliance agencies don’t like them, and banks don’t like it. Regulators also have a hard time and for good reasons as well.’
To combat this stigma, Cropper says that startups, businesses and investors need to focus on the blockchain technology itself. ‘We’re really trying to take an approach that’s demonstrating that the blockchain is simply just a technology and that the rules and regulations which are already in existence can also apply to this technology. We’re not suggesting or asking or even waiting for new legislation to come when we can demonstrate now that we can build what it is that you need,’ he said.