According to the latest news, Google Cloud is expanding its Web3 startup program with 11 Blockchain companies. In this context, Google cooperated with 10 altcoin projects.
Alphabet expands Google Cloud for Startups program
As Cryptokoin.com reported, Google collaborated with 10 altcoin projects. In this direction, Google will help accelerate new initiatives. In other words, Google became part of the Web3 startup program.
As of April 25, 11 Web3 projects were included in the program. These are: Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana and Thirdweb. On the same day, blockchain analytics firm Nansen announced that it has partnered with Google Cloud. As part of the partnership, Nansen will provide real-time blockchain data for startups. The database currently contains more than 250 million wallet tags.
https://twitter.com/nansen_ai/status/1650865247631327232
Currently, Google Cloud has two product suites for Web3 initiatives. These are differentiated according to whether the firms provide financing or not. It is possible for pre-seed companies to receive Google Cloud credits of up to $2,000 valid for two years with access to events such as Blockchain Week Paris, Consensus and TOKEN2049 Singapore that Google will attend.
Opportunities and advantages to be provided to altcoin projects
Benefits for seed startups include $200,000 for two years of use of Google Cloud and Firebase, plus $12,000 in Google Cloud Enhanced Support credits and free 12 months of Google Workspace Business Plus. In addition, Web3 projects including Aptos, Celo, Flow, HBAR Foundation, Near and Solana Foundation will provide grants of up to $1 million each to such firms in fiat or tokens.
Seed firms will also have access to up to $3 million in financing from Polygon Ventures. Meanwhile, the Base Ecosystem Fund provides priority reviews for entrepreneurs. Additionally, Coinbase Ventures will introduce them to listing teams and relevant venture capitalists. Other perks include up to $10,000 in VIP-backed Alchemy credits. Also, possibilities include gasless contract distribution with Thirdweb. Alex Svanevik, Nansen’s co-founder and CEO, said about the partnership with Google Cloud:
We can provide real-time intelligence to level the cryptocurrency playing field.
The crypto adventure of the cloud computing giant
While Google Cloud made its first foray into Web3 in 2018 by adding datasets for Bitcoin and eventually other blockchains to BigQuery, a way for developers to ping large databases, in 2022 it accelerated its Web3 strategy by announcing it was creating its own dedicated digital assets and Web3 engineering teams. .
It collaborated with leading crypto firms such as Google Cloud, Coinbase, BNBChain, Celo and Casper Labs. It also announced an almost constant stream of partnerships with Blockchains. It also presented its servers as validators for Sky Mavis, Solana, and Tezos Blockchains, or computers that help secure and maintain blockchains. And in October, it introduced the Blockchain Node Engine, a streamlined way for developers to access and use blockchains on Google’s servers.
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