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

Solana Validator Adoption of v118 Client Reaches 85% of Consensus Stake

chest

The adoption of the v118 client by Solana validators has reached a significant milestone, marking 85% of consensus stake.

user avatarDiego Alvarez

Sui Foundation Unveils $10 Million Fund for AI and DeFi Development

chest

The Sui Foundation has launched a $10 million ecosystem fund aimed at fostering decentralized AI infrastructure and DeFi protocols on the Sui blockchain.

user avatarKenji Takahashi

Aave Governance Approves Parameter Update for Base Mainnet

chest

Aave governance has approved a parameter update for the Base mainnet in its v3 deployment, focusing on risk settings and collateral caps to enhance liquidity access and manage risk effectively.

user avatarMaria Fernandez

Chainlink Expands CCIP Infrastructure to Avalanche and Polygon

chest

Chainlink has launched its CrossChain Interoperability Protocol (CCIP) on Avalanche and Polygon, enhancing crosschain token transfers.

user avatarGustavo Mendoza

Hyperscale Data Ceases Bitcoin Mining to Focus on AI

chest

Hyperscale Data has ceased Bitcoin mining operations at its Michigan facility to accommodate a new AI customer, potentially generating over $12 billion in revenue.

user avatarRajesh Kumar

PONS Token Surges on Robinhood Chain

chest

The PONS token has seen a significant increase in value and market capitalization on the Robinhood Chain, with a price rise to 0.5978 and a market cap exceeding 430 million, marking a 3182% increase in just 24 hours.

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.