To encourage development in the blockchain sector, Google Cloud Platform specified that it will provide up to $10 million worth of credits for activities on the BNB Chain. Binance Labs and CoinMarketCap partnership will bring significant financial and technological resources to the AI and Web3 projects.
Exciting news! @googlecloud is investing $10M in credits for MVB projects building on BNB Chain Through this collaboration, up to 40 MVB projects building on BNB Chain will be eligible for up to $350,000 in Google Cloud credits for AI-focused projects, and $200,000 for other… pic.twitter.com/nNrZVdHt7I
— BNB Chain (@BNBCHAIN) November 12, 2024
Up to $350K in Google Cloud Credits for AI-Focused Projects
Up to 40 BNB Chain’s “Most Valuable Builder” (MVB) program qualifying projects will be available to claim up to $350,000 in Google Cloud for AI-based solutions through this collab. Using such credits, developers can hire the great artificial intelligence and machine learning capabilities Google offers. They will, therefore, be able to design and grow solutions in the blockchain niche.
Support for Web3 Development with $200K in Credits Over Two Years
However, the partnership is not limited to AI-based projects; it includes other Web3 projects. Specifically, eligible Web3 projects can be granted up to $200,000 Google Cloud credit spread across two years to assist in launching decentralized applications and services on the BNB Chain.
MVB Program: A 4-Week Accelerator for Blockchain Innovators
The MVB Program is in its eighth season and is a four-week program designed to help founders, developers, and builders in the BNB Chain environment. It provides specific guidance and materials necessary to improve and develop projects and enables founders to connect with networks that assist them in launching their ideas effectively. Google Cloud support also adds additional resources for the AI and Web3 projects.
Driving Innovation in Blockchain with AI and Web3
This partnership shows the increasing involvement of one of the largest software giants that has joined the blockchain market and is starting to invest heavily in it. Through the collaborations of Google Cloud and Binance Lab, they empower BNB Chain developers to develop greater future development of blockchain technology by availing these enhanced tools and financial solutions. As such, this partnership will help drive forward areas that will improve the current work on the evolution of decentralized applications, laying the groundwork for future technology and possibilities in blockchain and AI.
