Google Cloud Supports BNB Chain with $10M in MVB Program

user avatar

by Giorgi Kostiuk

2 years ago

Google Cloud has announced a $10 million investment in the Most Valuable Builder (MVB) program for BNB Chain. This investment is aimed at providing cloud service credits to support up to 40 projects developing AI solutions on the blockchain.

BNB Chain's MVB Program

The MVB program on BNB Chain, now in its eighth iteration, is designed to support developers and creators of innovative blockchain solutions. Throughout the four-week accelerator, participants receive resources and mentorship from Binance Labs and CMC Labs. The program assists project teams in developing growth strategies and provides access to experienced blockchain experts.

Impact on the Blockchain Industry

Google Cloud is actively integrating its infrastructure with various blockchain projects, including MANTRA Chain, Flare, and Sui. Additionally, Cronos Labs has recently announced a partnership with Google Cloud. As the largest smart contract blockchain by active daily users, BNB Chain has a unique advantage in attracting developers and users to its ecosystem.

Google Cloud's investment in BNB Chain showcases confidence in the potential of the blockchain ecosystem. The support of AI development initiatives may significantly accelerate innovations in the Web3 domain.

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

Other Crypto Funds Experience Significant Withdrawals

Other cryptocurrency ETF categories, including Solana and XRP, recorded significant withdrawals, indicating a broader trend of selling pressure.

user avatarSatoshi Nakamura

MEGA Plans AI Marketplace Launch for December

MEGA is set to launch an AI inference marketplace in December, allowing customers to access services from various AI model providers.

user avatarNguyen Van Long

MEGA Reduces Workforce to Shift Focus to AI Products

MEGA has laid off 20 employees as part of a restructuring to expand into artificial intelligence, moving beyond its blockchain infrastructure.

user avatarKofi Adjeman

Institutional Withdrawals from Crypto ETFs Reach Over $1 Billion

Institutional demand for crypto ETFs has weakened significantly, with US spot Bitcoin ETFs experiencing over $1 billion in withdrawals for the second consecutive week.

user avatarJesper Sørensen

Ethereum Staking Hits Record Levels Despite Price Drop

Ethereum's staking rate has surged to an all-time high of 36.3% of total supply, even as the price of ETH has fallen to around $2,000.

user avatarRajesh Kumar

Jane Street Boosts Bitcoin ETF Holdings Amid Market Changes

Jane Street has significantly increased its stake in major Bitcoin ETFs, particularly in Fidelity's Wise Origin Bitcoin Fund, reflecting strong client demand and trading activity in the Bitcoin market.

user avatarLucas Weissmann

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.