As a seasoned crypto investor with a knack for recognizing promising opportunities, I find this partnership between Binance Chain and Google Cloud particularly intriguing. Having witnessed the explosive growth of the blockchain landscape over the past few years, I can’t help but be excited about the potential impact this collaboration could have on the development of Web3 projects.
Google Cloud is providing Binance Chain with a $10 million credit for cloud services, aimed at bolstering the development of blockchain projects within their Most Valuable Builder (MVB) Program.
The partnership announced in the news statement is set to supply resources for more than 40 initiatives in sectors such as artificial intelligence (AI) and cloud computing.
In the MVB (Minimum Viable Product) Program, qualifying projects have an opportunity to request cloud credits to enhance their technology and expand operations. Eligible AI-focused projects may secure as much as $350,000 in credits, while other Web3 projects can receive up to $200,000 over a period of two years.
In its eighth year, the MVB Program links up developers and project initiators with resources provided by Binance Labs and CoinMarketCap Labs over a four-week period. Additionally, it provides mentorship and advice for strengthening and enhancing blockchain initiatives.
As reported by a Binance representative, “Google Cloud’s backing will empower the MVB Program to foster innovation within the Web3 space, ensuring that projects can access the necessary resources for their prosperity.
Binance Chain serves as a widely-used base for various decentralized apps (dApps) and at present, it accommodates more than 4,000 initiatives, primarily focusing on sectors such as decentralized finance (DeFi), gaming, non-fungible tokens (NFTs), and the Metaverse.
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2024-11-12 22:45