Google Cloud's $10M Investment Boosts BNB Chain Project Development

user avatar

by Giorgi Kostiuk

2 years ago

BNB Chain and Google Cloud have announced a partnership where Google Cloud will invest $10 million in cloud service credits to support projects in the BNB Chain ecosystem.

BNB Chain’s MVB Program

The Most Valuable Builder (MVB) program on BNB Chain is now in its eighth season, acting as a four-week accelerator to support developers, founders, and builders. It provides resources and guidance from Binance Labs and CMC Labs to fast-track the growth of innovative projects within the ecosystem.

Support from Google Cloud

Through this collaboration, up to 40 MVB projects on BNB Chain will be eligible for up to $350,000 in Google Cloud credits for AI-driven projects, and $200,000 for other projects. These funds will help boost the development of applications within the BNB Chain ecosystem, which already boasts more than 4,000 decentralized applications across categories like DeFi, NFTs, Metaverse, and gaming.

"Twitter post: [@googlecloud investing $10M in credits for MVB projects building on BNB Chain]"None

Impact on the Blockchain Space

Google Cloud has already integrated its infrastructure with several blockchain projects, including MANTRA Chain, Flare, and Sui. Additionally, Cronos Labs recently announced a strategic partnership with Google Cloud to enhance developer collaboration and support startups. BNB Chain's status as the largest smart contract blockchain by daily active users gives it a unique advantage in attracting developers and users.

The partnership between Google Cloud and BNB Chain marks a significant advancement in the blockchain ecosystem, fostering innovation and technological expansion by providing new opportunities and resources for developers.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

BTCC Reports Significant Growth in Futures Trading Volume

BTCC reports a significant increase in futures trading volume, reaching 387 billion for Q3 2026, driven by demand for futures products linked to traditional financial markets.

user avatarMaria Gutierrez

Bitdeer Expands into AI Cloud and Infrastructure Services

Bitdeer is expanding into AI cloud and infrastructure services with agreements extending into 2027 and 2028.

user avatarDavid Robinson

Bitdeer Reports Significant Increase in Bitcoin Production

Bitdeer announced its Bitcoin production for September reached 1,355 BTC, a substantial increase from the previous year.

user avatarAndrew Smith

NIP Group Expands into Bitcoin Mining with New Acquisition

NIP Group has announced an agreement to purchase Bitcoin mining machines with a hash rate of approximately 447 EHs as part of its strategy to enhance its computing capacity.

user avatarJacob Williams

JP Morgan Asset Management Launches Tokenized Money Market Funds on Solana

JP Morgan Asset Management has launched two tokenized money market funds, MONY and JLTXX, on the Solana blockchain for qualified US investors.

user avatarZainab Kamara

Bitwise Dogecoin ETF Reaches Liquidation Distribution Date

The Bitwise Dogecoin ETF has reached its announced liquidation distribution date on October 22, with remaining shareholders set to receive cash based on the fund's net asset value.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.