Solana Labs launches Web3 incubator offering dev and fundraising support

Solana Labs unveiled an all-new incubator program for project development on the Solana blockchain on Oct. 26.The Solana Incubator will accept applications through Nov. 30. Those accepted will purportedly receive support from the Solana Labs team and its partners throughout the development, marketing, and launch phases of their projects.

In related news, Marinade Finance, the largest decentralized finance protocol on the Solana blockchain, is now blocking new signups from users in the United Kingdom.explains that the user block comes in response to “compliance concerns relating to rules and regulations promulgated by the U.K. Finance Conduct Authority.”The U.K.’s Financial Conduct Authority issued a notice on Sep. 9 indicating that new rules affecting crypto asset firms would go into effect on Oct.

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