Sony Network Communications and Astar Network’s Joint Web3 Incubation Program Receives Over 150 Registrations

chainwire

Sony Network Communications is exploring how blockchain technology can solve various problems in their industry. This Incubation program with Astar Network makes it possible for them to quickly find the relevant Web3 solutions.

  • More participants expected before the registrations close at 11:59 PM Pacific Time on Monday, March 6th
  • The participating startups will be mentored by senior executives at Sony, Astar Network, Microsoft, AWS, Dragonfly, and Blockdaemon

Astar Network, the smart contract platform for multichain, is thrilled to announce that the Web3 Incubation Program it’s co-hosting with Sony Network Communications, Inc., an operating company of the Sony Group, has received an overwhelming response from developers worldwide.

The Incubation Program has received more than 150 registrations since it began accepting applications on February 17, 2023. Registrations are set to close at 11:59 PM Pacific Time on Monday, March 6th. Interested developers can still submit their applications before the deadline on the following page.

The Web3 Incubation Program powered by Sony Network Communications and Astar will run from mid-March to mid-June. Both Sony Network Communications and Astar Foundation will review all applications and decide 10 to 15 cohorts. Sony and Astar will be collaborating with Startale Labs, a Singapore-based company founded by Astar Network CEO Sota Watanabe, to organize the incubation program.

Sota Watanabe, CEO of Startale Labs and Astar Network, said, “I am amazed to see our developer community grow this quickly and welcome the new projects joining our Web3 Incubation Program with Sony Network Communications. I’m ready to begin the next stage of our program, when our incubated projects begin to work with an elite group of mentors from AWS, Polychain, Microsoft, and more.”

Sony Network Communications is exploring how blockchain technology can solve various problems in their industry. This Incubation program with Astar Network makes it possible for them to quickly find the relevant Web3 solutions. They will combine their resources and expertise to jointly nurture Web3 projects focused on the utility of NFTs and DAOs.

The program invites participants from around the world, regardless of their Web3 startup phase. It will include 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. The mentorship sessions will feature senior executives and industry veterans including:

  • Ryohei Suzuki, Director at Sony Network Communications Singapore
  • Teemu Pohjola, General manager at Sony R&D Center Brussels lab (Deputy Head)
  • Sota Watanabe, Founder of Astar Network, CEO at Startale Labs
  • Maarten Henskens, Chief Growth Officer at Astar Network
  • Andrew Vranjes, VP of Sales and GM for APAC at Blockdaemon
  • Ben Perszyk, Partner at Polychain
  • Bill Laboon, Head of Education and Grants at Web3 Foundation
  • Dmitry Lapidus, Investment Partner at Dragonfly
  • Wei Shi Khai, General Partner & COO at LongHash Ventures
  • Yuki Yuminaga, Investor & Researcher at Fenbushi Capital
  • Michael Smith Jr., GM, Microsoft for Startups APAC
  • Lillian So, Web3 Lead at AWS Singapore
  • Roy, Partner at HashKey Capital
  • Santiago Balaguer, Parity BD Lead

In mid-June, an offline demo day will be held at the Sony Group headquarters in Tokyo during Japan Blockchain Week. Promising companies will be considered for investment from Sony Network Communications.

About Sony Network Communications

The Sony Group operates a variety of businesses such as Game & Network Services, Music, Pictures, Entertainment Technology & Services, Imaging & Sensing Solutions, and Financial Services. As a business company of the Sony Group, Sony Network Communications is involved in the communication business, IoT business, AI business, and solution service business, and promotes new businesses by utilizing assets within the Sony Group. In April 2022, Sony Network Communications established Sony Network Communications Singapore Pte. Ltd. in Singapore to engage in NFT related development outsourcing and consulting businesses.

About Astar Network

Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability with cross-consensus messaging (XCM) and a cross-virtual machine (XVM). Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for their code and the dApps they build.

One of the first parachains to come to the Polkadot ecosystem, Astar is a vibrant network that is supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.

For more information, visit: Website | Twitter | Discord | Telegram | GitHub | Reddit

Read this next

blockdag

BlockDAG’s $28.5M Presale Ignites Investor Frenzy! Dashboard Upgrade Unveils Top Rankings, Overshadowing Retik Finance Listings!

Learn how BlockDAG’s updated dashboard, featuring detailed community rankings, is diverting investor interest from Retik Finance’s anticipated market entries.

Digital Assets

Gala Games reportedly hacked for $200 million, token nosedives

The native token of crypto gaming project Gala Games (GALA) dropped sharply amid rumors of a massive transfer worth over $200 million that traders suspected might be a hack.

Digital Assets

Ether skyrockets amid rumors of spot ETF approval

The chances of the U.S. government approving spot Ether ETFs have increased, according to top Bloomberg ETF analysts. Initially viewed as unlikely, analysts James Seyffart and Eric Balchunas now see a 75% chance of approval, up from 25%, following recent developments.

Digital Assets

New York judge approves $2 billion settlement with Genesis

A New York bankruptcy judge has approved a $2 billion settlement between the New York State Attorney General’s office and crypto lender Genesis, marking the largest settlement against a crypto firm in the state’s history.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: Federal Reserve Policy, ECB, Geopolitical Tensions, May 20 ,2024

Fed holding rates to fight inflation, ECB likely cuts June rates, geopolitical tensions favor safe-haven USD

Digital Assets

Grayscale CEO steps down, replaced by Goldman Sachs veteran

Grayscale CEO Michael Sonnenshein after 10 years with the digital asset investment firm, the company said on Monday.

blockdag

Influencers Fuel BlockDAG’s $28.4M Presale Amid Solana Price Surge & Kaspa Bull Run

Dive into BlockDAG’s presale success, boosted by influencer endorsements. Explore the Solana price surge and Kaspa’s bullish sentiments.

Market News, Tech and Fundamental, Technical Analysis

EURGBP Technical Analysis Report 20 May, 2024

EURGBP currency pair can be expected to fall further toward the next support level 0.8525, which is the low of the previous corrective wave ii.

Digital Assets

Pump.fun exec arrested for $1.9 million exploit, claims bail in UK

Jarett Dunn, a former employee of the memecoin creator and trading platform pump.fun, claims he was arrested and subsequently released on bail in the United Kingdom following a $1.9 million exploit on the platform.

<