Swarm has partnered with Focus Investments to fund its second class of startups.
The fund will provide between $5,000 and $50,000 in funding to startups accepted into the round, which follows its first announced in October. Participants in its inaugural round included Coinspace, Manna and a decentralised dance party.
Focus invests primarily in bitcoin ventures and projects such as Counterparty, Factom, GetGems and NXT. A decentralized crowdfunding platform, Swarm helps startups establish themselves as distributed collaborative organisations (DCOs), allowing them to sell cryptographic tokens to raise funds.
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