Ava Labs selected for Mastercard’s Crypto Accelerator

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MasterCard a payment giant has teamed up with five startups to tackle global Blockchain-related challenges, official announcement made on Thursday.  As part of MasterCard’s “Start Path Crypto” program, the payment giant has teamed up with five startups to tackle global blockchain-related challenges official announcement on Thursday. The start-up accelerator program began in 2014 to help startups scale their businesses. Now the company’s crypto arm is partnering with smart-contract builder Ava Labs, mobile banking app Envel and peer-to-peer savings platform Kash, bitcoin banking app LVL and crypto rewards platform NiftyKey.One of Ava Labs’s most popular products is the Avalanche blockchain, which is an Ethereum-like system that allows the creation of decentralized applications (dapps) and custom blockchains. It is estimated that Avalanche’s DeFi ecosystem is worth around $12.6 billion, according to DeFi Llama, TVL is the value of all the tokens locked in a decentralized len

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