Google Cloud will invest $10 million in BNB Chain’s Most Valuable Builder (MVB) accelerator. MVB is a four week long program created to help and support the growth of decentralized applications (dApps) on BNB chain. This news was announced on November 12, the injection aims to advance AI projects and web3 by providing resources and credits to promising startups in the blockchain space.
Empowering dApps Developers on BNB Chain
Google Cloud aims to support up to 40 web3 startup programs over the next two years with the help of this partnership. The MVB, led by BNB Chain along side Binance labs and CMC Labs, enables developers and founders to build and scale decentralized applications on BNB chain, making the ecosystem of decentralized finance, gaming and digital collectibles much more stronger and secure than ever. Projects which get selected can access resources like cloud credits, valued at $200,000 for web3 projects and up to $350,000 for AI focused initiative which is a step in the right direction for the blockchain environment.
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Broadening Blockchain Collaborations
Google Cloud’s partnership with companies like BNB shows it’s growing involvement in blockchain ecosystem as this is not the first or second time it has involved itself on digital market just this year alone. Some other notable collaboration includes MANTRA chain, Flare and SUI. These strategic partnerships enables google cloud to enhance its already built infrastructure across blockchain ecosystem and also expand its reach into decentralized applications, metaverse and Non-Fungible Tokens (NFTs) projects.
Strategic Support for Emerging Startups
This investments aren’t desperate but are perfectly planned which emphasizes Google Cloud’s commitment to fostering innovation in the decentralized tech space. Latest support from Cronos Chain, where Google Cloud now act as validator, highlights its tole in advertising blockchain based projects, providing infrastructure, developer collaboration, and support to strengthen the global blockchain landscape.
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