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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Coinbase Refocuses Base App Strategy After Initial Setbacks

chest

Coinbase shifts its strategy for the Base App, moving away from social features to focus on trading and AI tools.

user avatarJacob Williams

Coinbase Launches Leveraged Crypto Derivatives on Base App

chest

Coinbase launches leveraged crypto derivatives on the Base App, allowing users to trade perpetual futures with up to 50x leverage.

user avatarZainab Kamara

Palantir Technologies Reports Stellar Earnings and Revenue Growth

chest

Palantir Technologies has reported a 93% year-over-year revenue surge and a 225% increase in earnings, positioning itself as a leading AI solution.

user avatarSon Min-ho

US Tech Stocks Experience Significant Gains Driven by AI Boom

chest

The US tech stock market has seen substantial gains over the last year, driven by advancements in AI technology.

user avatarAyman Ben Youssef

Traders Predict Early Release of OpenAI's GPT-6 Model

chest

Prediction market traders are optimistic about the early release of OpenAI's GPT-6 model, estimating a 59% chance of launch by September 15.

user avatarTando Nkube

Visa Seeks New Crypto Stablecoin Partner for Global Settlements

chest

Visa is seeking a new crypto stablecoin partner to enhance its global settlement capabilities after the acquisition of its previous partner, BVNK, by Mastercard.

user avatarKofi Adjeman

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.