Ethereum Classic (ETC), a leading blockchain project forked from Ethereum has announced the launch of Studio, a platform that will provide the technical expertise for the launching of decentralized applications (dApps) and distributed ledger technology (DLT) projects on the network via Ethereum Classic Labs Core and Ethereum Classic Labs Accelerate, according to a blog spot on August 8, 2019.
In a bid to make life easier for blockchain startups as well as projects looking to build highly functional decentralized applications upon the Ethereum Classic network, the project has announced the official launch of Studio.
As stated in its blog post, in addition to offering a solid foundation for dApps, Ethereum Classic Studio will provide the much needed technical expertise for conducting all forms of crypto-based crowdsales, as well as guidance on project launch and marketing promotions for entities interested in adopting the Ethereum Classic proof-of-work (PoW) public blockchain.
The team says Studio will make it possible for startups, DLT projects and established businesses to take advantage of the excellent qualities of the Ethereum Classic network including high levels of security, low transaction fees, and a stable blockchain.
Ethereum Classic Forging Ahead
Earlier in January 2019, BTCManager informed that the Ethereum Classic network had been hit by a massive double-spend attack also known as a 51 percent attack worth over $1 million, which prompted Coinbase to temporarily halt all ETC transactions.
However, the network has quickly overcome that huge setback and the team now claims the Ethereum Classic ecosystem is now attracting a growing community of professional developers building decentralized applications.
“We are excited to offer our technical and marketing experts to the growing community of devs and businesses building on Ethereum Classic,” declared Terry Culver, CEO of Ethereum Classic Labs.
Culver also added that the newly launched Ethereum Classic Studio will leverage the strengths of the dedicated developers on the network’s Core group, as well as the funding and mentorship programs in Ethereum Classic Accelerate, to significantly boost the maturity of the ecosystem.
On January 15, 2019, BTCManager reported that ETC Labs had announced the launch of its core development team which will be in charge of providing the necessary tools projects in the Ethereum Classic ecosystem need to function optimally.
The team claims the ETC Labs Accelerate platform has assisted a vast array of firms in growing their businesses, thanks to its team of professionals in the United States and Asia.
The team has made it clear that the Ethereum Classic Labs Studio is now live and startups or projects that join Studio will also enjoy the benefits of Ethereum Classic Labs Core and Accelerate.