AVAX’s Ava Labs Among Startups Chosen for Mastercard’s Crypto Accelerator Program

Posted on by American Coins & Gold

AVAX’s Ava Labs Among Startups Chosen for Mastercard’s Crypto Accelerator Program
Mastercard is teaming up with five startups to solve global blockchain challenges as part of the payment giant’s “Start Path Crypto” program, the company announced Thursday.Mastercard launched the Start Path program in 2014 as a way to help later-stage startups scale their businesses. Now the company’s Start Path Crypto unit will be working with smart-contracts platform Ava Labs, AI-focused mobile banking app Envel, peer-to-peer savings platform Kash, bitcoin banking app LVL and crypto rewards platform NiftyKey.Ava Labs is best known for building the Avalanche blockchain, an Ethereum competitor that facilitates decentralized applications (dapps) and the creation of custom blockchains on…