Tokyo, Japan, February 17, 2023, Chainwire
Sony Network Communications Inc., an operating company of the Sony Group, will co-host the Web3 Incubation Program with Astar Network, a multi-chain smart contract platform. Sony Network Communications and Astar Network will combine their respective resources and expertise to jointly foster his Web3 project focused on the utility of NFTs and DAOs.
The Web3 Incubation Program by Sony Network Communications and Astar runs from mid-March to mid-June. The program will begin accepting applications on his February 17th. Both Sony Network Communications and the Astar Foundation review all applications and determine 10-15 cohorts. Sony and Astar will organize the incubation program in collaboration with Astar Network CEO Sota Watanabe’s Startale Labs, a Singapore-based company founded by him.
Sony Network Communications explores how blockchain technology can solve various problems in the industry. This incubation program with Astar Network will help you find relevant Web3 solutions quickly.
Sota Watanabe, CEO of Startale Labs and Astar Network, said:We are pleased to launch the Web3 Incubation Program with Sony Network Communications, one of the Sony Group companies.We hope to share our knowledge and resources to deliver value to program participants and create new use cases and projects.“
Startale Labs develops dApps and infrastructure and provides business consulting services based on its expertise in multi-chain protocol development. It also acts as a gateway for large companies to integrate with his Astar Network. Startale leverages Astar’s expertise in development, past consulting and R&D business to provide business strategy and technical support for participating projects.
Sony Network Communications will continue its mission to support new organizations leveraging telecommunications businesses and assets within the Sony Group. Established a branch office in Singapore for commissioned development and consulting services related to NFT products.
The program invites participants from all over the world, regardless of Web3’s start-up phase. Includes learning sessions with global VC firms such as Dragonfly, Fenbushi Capital and Alchemy Ventures. and Web3 companies, as well as business and technology strategy workshops. In mid-June, during Japan Blockchain Week, an offline demo day will be held at the Sony Group headquarters in Tokyo.
Participating Web3 projects will benefit from:
- Free access to direct connections and feedback and informative sessions with world-class Web3 companies such as the Web3 Foundation and Alchemy.
- Resources, technical support and funding from Sony Network Communications and Astar. Promising companies will be considered for investment by Sony Network Communications.
- Demo day with product growth support from Sony Network Communications and the Astar team.
If you are interested in the program, Following page.
Astar Network’s “Asia strategy” has paid off with Polkadot’s most popular parachain. Since the mainnet launched in January 2022, it has partnered with three of Japan’s biggest companies, including NTT Docomo, Sony and Toyota.
About Sony Network Communications
The Sony Group is engaged in a wide range of businesses, including game & network services, music, video, entertainment technology & services, imaging & sensing solutions, and financial services. As an operating company of the Sony Group, Sony Network Communications develops communication business, IoT business, AI business, and solution service business, and utilizes the assets of the Sony Group to promote new businesses. In April 2022, Sony Network Communications established Sony Network Communications Singapore Pte. Ltd. Ltd. in Singapore to conduct NFT-related development outsourcing and consulting business.
About Aster Network
Astar Network supports building dApps using EVM and WASM smart contracts, offering developers true interoperability with Cross-Consensus Messaging (XCM) and Cross-Virtual Machines (XVM). Astar’s unique Build2Earn model allows developers to get paid for their code and the dApps they build through his dApp staking mechanism.
One of the first parachains to appear in the Polkadot ecosystem, Astar is a vibrant network supported by all major exchanges and Tier 1 VCs. Astar offers the flexibility of all his Ethereum and WASM tools for developers to start building dApps. To accelerate the growth of Polkadot and Kusama Networks, Aster Space Lab Provides an incubation hub for top TVL dApps.
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