TheCryptoupdatenews

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BCH Dev Con to be the First Project of Bitmains
Permission less Ventures.
https//www.thecryptoupdates.com Bitmain, the
cryptocurrency hardware mining giant, is set to
sponsor the Bitcoin Cash (BCH) hackathon that
will take place in Hilton San Francisco Union
Square. This will be the first project this will
be financed by Bitmains 50 million fund,
Permission less Ventures (PV). The event last for
a total of two days from the 10th to the 11th of
October which happens to be the San Francisco
Blockchain Week. Over 5,000 visitors and
attendees are expected to attend the BCH Dev Con
which seeks to encourage innovation and problem
solving on the BCH network.
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According to the Investment Director at Bitmain
and Partner in Permission less Ventures, Epperly
Li, the 50 million PV fund, will operate more
like an incubator, which will provide funding and
also incubation for BCH developers. But this fund
will be very neutral, open and creative, and
will invest 60 into BCH projects and the other
40 into different blockchain projects. Li also
spoke about the agenda behind the event and
said, Our idea is to build an open, innovative
and creative ecosystem for BCH developers and
communities. We want to work together with
different blockchain communities to push forward
the progress of blockchain technology. To read
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