Blockchain
Renowned blockchain venture accelerator Cronos Labs has announced a new partnership with Google Cloud. Cronos Labs focuses on social applications, Web3 games and decentralized finance (DeFi). The platform’s unique collaborative goals are to provide resources to the enterprises. This would enable them to create Web3-related innovative AI applications to enrich the Cronos ecosystem. In this partnership, Google Cloud will provide Google Cloud credits for the projects in the Accelerator program.
Google Cloud joins forces with Cronos Labs to advance Web3 innovation with AI technology
This enables the enterprises to take advantage of Google Cloud’s services infrastructure and products. This enabled the platform to develop, test and deploy Web3-related applications. In addition, the Cronos Labs Accelerator program will benefit from Google Cloud’s AI expertise. This enables it to host AI forums and offer mentorship for participating companies.
In this regard, it will guide the use of AI technology for the development of decentralized applications. This would also help create more efficient, scalable and smarter applications. Rishi Ramchandani, Head of Web3 at Google Cloud Asia Pacific, commented on this development and stated that innovation is vital in the Web3 sector. He added that the company expects to work with Cronos Labs and the companies in the Accelerator Program.
Selected projects will receive $30,000 in Open Seed Funding
He claimed that Google Cloud would provide community, support and technology. This would help scale up and develop dApps, Web3 tooling, and so on. Cronos Labs’ Accelerator program highlights priority verticals related to Infrastructure, SocialFi, GameFi, and the DeFi sectors. In addition, selected projects will receive $30,000 in an open seed funding round.
