Technology corporation Alphabet, Google's parent company, has expanded the Google for Startups Cloud Program, to support startups in the Web3 ecosystem to quickly scale safely.
By April 25, the Google for Startups Cloud program had the companionship of 11 different Web3 companies such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana and Thirdweb. On the same day, blockchain analysis company Nansen announced that it has cooperated with Google Cloud to provide real-time blockchain data to startups, which currently contains 250 million wallet labels.
Currently, Google Cloud has two sets of products for Web3 startups, distinguishing between companies that have raised capital and have not yet raised capital.
Companies that have not yet raised capital can receive a $2000 grant from Google Cloud over two years and attend events such as Paris Blockchain Week, Consensus and TOKEN2049 Singapore, where Google will participate.
For companies that have raised capital, benefits include two years of Google Cloud and Firebase services worth $200,000, additional funding for an enhanced Google Cloud package worth $12,000, and 12 months of usage. free Google Workspace Business Plus.
Google Cloud services.
Additionally Web3 projects including Aptos, Celo, Flow, HBAR Foundation, Near and Solana Foundation, will provide grants of up to 1 million USD to each company, paid in cash or tokens.
Companies that have raised capital can also access up to $3 million in capital from Polygon Ventures, receive a priority review for startups from the Base Ecosystem fund, and get referrals to registered teams from Coinbase Ventures. and related venture capitalists.
Other benefits include up to $10,000 in Alchemy credits with VIP support and free contract deployment with Thirdweb.
Alex Svanevik, co-founder and CEO of Nansen, announced that they can provide real-time analytical information to level the playing field in the cryptocurrency market thanks to the partnership with Google Cloud.
“We are committed to supporting the growth of the Web3 ecosystem and expanding the Google for Startups Cloud Program to the community, reinforcing our goal of equipping blockchain developers with the tools needed to succeed.” , shared Mr. James Tromans, head of Web3 engineering at Google Cloud.
Last year, BNB Chain – the blockchain of cryptocurrency exchange Binance – also partnered with Google Cloud to support the development of early-stage Web3 and blockchain startups.
Google's new move comes in the context that its top competitor - Amazon Web Services (AWS) is increasing its efforts to increase market share in the Web3 field.
In January, AWS partnered with blockchain company Ava Labs to accelerate Web3 adoption. A month later, AWS posted a recruitment advertisement for Web3 personnel for its cloud services.
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