Robert Steinadler, a month ago
Web3 is a term that describes a bunch of technologies that are supposed to decentralize the internet and software. Blockchain technology in particular plays a huge role in this field. For instance, non-fungible tokens allow users to own and transfer the digital content that they enjoy. More use cases are lining up and more companies are interested in building blockchains or applications for already existing blockchains like Solana, Aptos, Ethereum, or Avalanche.
How is Google Cloud Services supporting the mission of startups working in the field of Web3?
The program provides technical tools, cloud services, and even more important access to grants. The money comes from Google Cloud’s foundation partners Celo, Aptos, Flow, Near, Hedera, and Solana.
Companies can check their eligibility on the official website and can apply for all kinds of perks such as up to $200,000 over 2 years of Google Cloud and Firebase usage covered in Google Cloud credits. The fact that other big players such as AWS and Microsoft’s Azure are entering the space gives reason to believe that Google’s ambitions are fueled by their competitors.
Should Web3 turn out to be the next big thing, then it would provide a huge advantage to establish a foothold in advance. No matter how decentralized the future is, somebody needs to provide the infrastructure for Web3 and it looks like Google wants to win that race.
The Web3 scene can be best described as a fast-moving environment. In October 2022, Google presented the public with a node hosting service for Ethereum and promised to integrate other blockchains soon. Only six months later we are looking at a full-blown program for Web3 startups offering something that is most important in this space: partnerships.
Those startups who are lucky to enroll in the program will also get early access to the exclusive Web3 toolset that Google is currently building. Some companies like the blockchain analysis tool Nansen already leverage Google services to provide real-time data to their customers.
It remains to be seen if Web3 will lead the internet to the promised land. Recently, Solana started its smartphone with a Web3 focus on decentralized applications. This is one of the leading examples that companies and startups are still building products for this big vision even though the hype around Web3 has cooled down.
Featured image: © Michael Vi / Shutterstock.com
May 05, 2023
Avalanche has had an impressive performance during the last bull market and it is competing as a high-speed blockchain against Ethereum, Polygon, and Solana. This highly competitive environment demands that Avalanche needs to push on all fronts to keep its market share and provide everything that is needed to become a metaverse power hub. Partnerships are usually the most important effort when it comes down to evolving the ecosystem of a blockchain.
Apr 17, 2023
Solana had its fair share of problems since its blockchain suffered from outages several times. Not exactly the publicity that is helpful to convince more users to adopt its technology and explore all the options that it offers. The good news is that the team around Solana is continuously developing all the tools that are needed to push its technology to the next level. One of these many attempts to achieve something big and unique is the Solana Saga.
Mar 28, 2023
Chiliz is the native token that powers the Socios platform and during the FIFA World Cup 2022, the hype around the concept peaked. This year it became more silent around Chiliz since investors' expectations weren’t at the same level as they were during the event. Good things in crypto are often born in times when the market becomes quiet and builders are just focusing on their job. Last month Chiliz launched its mainnet successfully and is making plans for the future.
Mar 20, 2023
Microsoft Windows comes with the Edge browser pre-installed and even though Chrome is dominating the market, Edge still holds a notable market share. Most browser-based crypto wallets are plugins that are compatible with a variety of browsers, devices, and operating systems. This includes Edge which supports MetaMask and Phantom among dozens of other wallet solutions. Last weekend it became clear that Microsoft has plans to integrate crypto natively in its web browser.
Sign up to stay informed via our email updates