• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Fenwick West Settles for $54 Million Over FTX Allegations

chest

US law firm Fenwick West has agreed to pay $54 million to settle claims related to its legal services for the defunct crypto exchange FTX.

user avatarKenji Takahashi

The Legal Fallout from FTX's Collapse

chest

FTX collapsed in November 2022 due to mismanagement and fraud, leading to significant legal repercussions and the conviction of founder Sam Bankman-Fried.

user avatarDiego Alvarez

Potential ETF Inflows Could Boost XRP Price

chest

The CLARITY Act, pending a Senate vote, could lead to significant ETF inflows into XRP, estimated between 4 to 8 billion, potentially boosting its price.

user avatarMaria Fernandez

Ethereum Price Sees Major Reversal but Smart Money Remains Active

chest

Ethereum's price has reversed most of its gains from April, finding support just above $2,000, while smart money investors remain active in accumulating tokens despite market downturns.

user avatarGustavo Mendoza

Bitcoin Spot ETFs Face Record Withdrawals Amid Market Losses

chest

Bitcoin Spot ETFs faced significant net outflows totaling 126 billion last week, marking the heaviest withdrawals since January.

user avatarRajesh Kumar

Decline in XRP Whale Activity Signals Market Compression

chest

XRP whale activity has significantly decreased, indicating a potential market compression phase.

user avatarMiguel Rodriguez

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.