– Sony Network Communications and Astar Network are collaborating to nurture Web3 projects focused on the utility of NFTs and DAOs.
– The Web3 incubation program by Sony and Astar networks will begin accepting applications on February 17 and run from mid-March to mid-June.
– Sony and Astar will collaborate with Startale Labs, a Singapore-based blockchain company.
Sony Network Communications Partners With Astar Network
Sony Network Communications, inc., an operating company of the Sony Group, has announced plans to co-host a Web3 Incubation Program with Astar Network, the smart contract platform for multi-chain capabilities.
Aim of The Partnership
The aim of the partnership is to combine their resources and expertise in order to nurture Web3 projects focused on the utility of NFTs and DAOs.
Web3 Incubation Program Details
The incubation program will begin accepting applications on February 17th and run from mid-March to mid-June. During this time period, Sony Network Communications and Astar Networks will review submissions before selecting 10 to 15 best projects for incubation.
Collaborating With Startale Labs
Sony and Astar also plan to collaborate with Startale Labs, a Singapore based blockchain company during the incubation period. Sota Watanabe, CEO of Startale Labs discussed how thrilled he is about launching this project: “We are pleased to launch the Web3 incubation program with Sony Network Communications… We hope to share the knowledge and resources of both companies…“
Conclusion
Overall, this strategic partnership between Sony Network Communications and Astar Networks marks an important milestone in mainstream adoption of blockchain technology. By providing resources for upstart Web3 businesses through its incubation program, these two companies have opened up more opportunities for growth within this industry.
