Sony Network Communications hopes the program in conjunction with Astar Network will explore how blockchain technology can solve various problems in their industry.
Sony Network Communications, a business division of Sony Corporation, has partnered with multichain smart contract network Astar Network to launch a Web3 incubator program for NFT utility-focused projects and self-funded organizations decentralized value (DAO).
Let’s Build Web3 Together!
𝕊𝕠𝕟𝕪 ℕ𝕖𝕥𝕨𝕠𝕣𝕜 ℂ𝕠𝕞𝕞𝕦𝕟𝕚𝕔𝕒𝕥𝕚𝕠𝕟𝕤 and 𝔸𝕤𝕥𝕒𝕣 ℕ𝕖𝕥𝕨𝕠𝕣𝕜 have partnered to launch the 𝕎𝕖𝕓𝟛 𝕀𝕟𝕔𝕦𝕓𝕒𝕥𝕚𝕠𝕟 ℙ𝕣𝕠𝕘𝕣𝕒𝕞!
Learn more about this exciting program:https://t.co/D9jxsRUcnC pic.twitter.com/uBMTKvJrdz
— Astar, Future of Smart Contracts for Multichain (@AstarNetwork) February 17, 2023
According to the press release, the Web3 incubator program will be hosted by Singapore-based Startale Labs, a company founded by Astar Network CEO Sota Watanabe, and will run from mid-March to mid-June this year. Applications for the program open on February 17 and close on March 6.
Those who are accepted into the program will be divided into 10 to 15 groups and the sessions will be provided by prominent crypto investment funds in the industry such as Dragonfly, Fenbushi Capital and Alchemy Venture.
The goal of the program for Sony Network Communications is to explore how blockchain technology can solve various problems in their industry. Projects in this program may also be considered for investment from Sony Network Communications.
The incubator program is part of Astar Network’s ongoing partnerships with companies looking to explore use cases for Web3 technology. In the last week, one of the first parachains to come to the Polkadot ecosystem also partnered with automotive giant Toyota in the Web3 hackathon.
Our Hackathon, Sponsored by @ToyotaMotorCorp, has commenced! 🚀
🌐 Join the Global Hackathon with 300+ registrants
🛠️ Top-tier blockchain devs competing
🥇 $100K prizes in $ASTR
🚩 Kick-off event starts Feb 25th
🧾 Enrollment end Feb 14th, 23:59 JST
👉 https://t.co/dZK9F0cTCd pic.twitter.com/SHsTiJbVxI
— Astar, Future of Smart Contracts for Multichain (@AstarNetwork) February 14, 2023