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.