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

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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.

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