Blockchain Venture Accelerator Cronos Labs Partners with Google Cloud to Boost Web3 Innovation
Cronos Labs, a well-known accelerator for blockchain ventures, has recently revealed a fresh partnership with Google Cloud. The objective of this collaboration is to provide support to ventures operating in the social applications, Web3 games, and decentralized finance (DeFi) sectors. The distinctive collaboration aims to furnish valuable resources to these enterprises, empowering them to develop pioneering AI-powered applications within the Cronos ecosystem. As part of the collaboration, Google Cloud will provide Google Cloud credits to the projects participating in the Accelerator Program.
The formation of this strategic alliance enables businesses to utilize the comprehensive infrastructure, services, and products provided by Google Cloud. The Cronos platform streamlines the process of creating, evaluating, and launching Web3-based applications. Furthermore, the Cronos Labs Accelerator program will benefit from Google Cloud’s AI proficiency, enabling them to organize AI forums and offer guidance to the participating startups.
The partnership aims to guide enterprises in efficiently utilizing AI technology for the development of decentralized applications. This assistance will aid in creating applications that are more efficient, scalable, and intelligent. Rishi Ramchandani, the Web3 Lead for Google Cloud Asia Pacific, has expressed excitement for this progress, underscoring the significance of innovation in the Web3 industry. Google Cloud aims to establish a close collaboration with Cronos Labs and the enterprises participating in the Accelerator Program, providing community, assistance, and technology to expedite the growth and advancement of dApps, Web3 tooling, and related areas.
The Cronos Labs Accelerator Program focuses on priority verticals, including infrastructure, SocialFi, GameFi, and the DeFi sectors. Selected projects will receive an additional $30,000 in open seed funding, providing further assistance in their development and achievement.