What do some of the biggest names in the tech industry--including Airbnb, Dropbox, and stripe--have in common? They have their roots in the startup incubator called Y Combinator.

In fact, Y Combinator has supported a well-known cryptocurrency exchange, Coinbase, and some up-and-coming non-tech startups like Soylent. But Y Combinator is far from being the only incubator in the world.

Startup incubators play an important role in incubating new and disruptive ideas. Given that tech entrepreneurs often vision to restructure entire industries, incubators provide the necessary guidance that helps bright-eyed visionaries in approaching their monumental goals.

The developments in the blockchain space are characteristically disruptive as they have a strong focus on decentralization and increased integration of deep tech. Thus, startups in this industry can greatly benefit from an incubator dedicated to their niche, and Iconiq Lab is stepping up to consume the opportunity.

Supporting Blockchain Startups

Iconiq Lab, an operation of Iconiq Holding, is going to dedicate efforts that will allow powerful concepts that leverage the power of the blockchain to become a reality.

An incubator's primary role is to carry ideas into products. This is different from what accelerator's do, which is to being added growth. As the blockchain space is dotted with whitepaper ICOs, it's evident that this market is in a dire need of incubators. Iconiq will function similar to established incubators.

Iconiq Lab is going to provide powerful ideas with the opportunity to access the necessary seed capital. This will allow the project's team to put the development initial development process into motion. Along the process, Iconiq will provide the guidance needed to develop a product that can operate properly.

Through Iconiq's network, the upcoming project will be to access critical industry support and possibly even make early partnerships. All these support mechanisms will provide the pillars for a successful startup.

While typical incubators support seed stage startups with the goal of pruning the founders to individuals who can give exemplary pitches to VCs, Iconiq's goal is to carry the projects it incubates into the ICO. The goal of Iconiq is to allow the masses to be able to invest in the best projects rather than leaving the opportunities only to major VCs. This is going to be an incubator that prepares the best ideas to run a successful ICO campaign.

A New Leg

Iconiq’s goal of incubating is on a good track and they are supporting many upcoming Crypto projects as it is. But the company’s goals are bigger.

While Iconiq Lab is going to focus on upcoming projects and VC opportunities, Iconiq Funds, Iconiq Holding's soon-to-launch platform, will function as the provider of professional-grade investment securities in the cryptocurrency market.

Iconiq Funds is going to facilitate the establishment of funds that issue exchange-traded funds (ETFs) and exchange-traded notes (ETNs). Such securities for the cryptocurrency market are going to make it easier to invest in professionally managed (yet tradeable) investment vehicles.

Iconiq Funds is going to be a pioneer in cryptocurrency asset management as a service (AMaaS). This type of investment vehicle is typically only available in traditional capital markets. Through such a development, along with the efforts of Iconiq Lab, Iconiq’s team are bridging the gap between traditional security markets and the cryptocurrency market.