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Google Cloud Backs BNB Chain’s Builder Program

Google Cloud Backs BNB Chain’s Builder Program

Altcoinbuzz2024/11/14 00:44
By: By Victor -Robert Patrinjei -
CLOUD0.00%BNB+0.25%AIOLD0.00%
BNB Chain’s Most Valuable Builder (MVB) Program is getting some big-time support.

Google Cloud has partnered with BNB Chain to help new Web3 projects thrive.

The MVB Program is focused on helping up to 40 projects build dApps” on the BNB Chain. Thanks to Google Cloud’s Web3 Startups Program, these projects will have access to powerful resources.

What is the MVB Program?

The Most Valuable Builder (MVB) Program is like an accelerator program, but it’s specifically for Web3 builders, founders, and developers working on the BNB Chain. The program lasts four weeks and provides a boost to projects that are building new tools and applications on the BNB Chain.

It’s run by BNB Chain, with support from Binance Labs and CMC Labs. Binance Labs is a major venture capital group in the blockchain world, and CMC Labs is a program from CoinMarketCap that supports young startups. Together, they’re giving these projects the resources they need to shine.

. @BNBCHAIN announces that @googlecloud ’s Web3 Startups Program will support projects in its Most Valuable Builder (MVB) Program. https://t.co/DIKhxdAuQr pic.twitter.com/ahWLQqgi8D

— ICO Drops (@ICODrops) November 12, 2024

Google Cloud is offering up to $350,000 in cloud credits over two years for projects focused on AI in Web3. For projects that aren’t focused on AI, they can still get $200,000 in cloud credits. That’s a lot of fuel to help power these projects.

With cloud credits, the projects can store data, and run applications. Do a whole lot more without having to spend big money on these services. For some of these startups, this is like hitting the jackpot because they get access to tools they might not have otherwise.

The Big Picture: BNB Chain’s Growing Ecosystem

BNB Chain isn’t just any blockchain; it’s one of the biggest in the world. It includes BNB Smart Chain (BSC), opBNB , and BNB Greenfield. BNB Smart Chain, in particular, is popular because it can handle a lot of users every day. That’s a huge advantage because it means there are already plenty of people using and exploring different apps on BNB Chain.

State of @BNBChain Q3

Key Update: BNB Chain launches “Gas-Free Carnival” for free stablecoin transfers, boosting adoption and user experience across its ecosystem.

QoQ Metrics 📊
• DeFi TVL ⬆️ 2% to $4.85B
• NFT daily trading volume ⬆️ 283%
• BNB staked ⬆️ 7% to 32.4M BNB… pic.twitter.com/JpRQBeyW6k

— Messari (@MessariCrypto) November 8, 2024

Currently, BNB Chain has more than 4,000 decentralized applications across various categories. Whether it’s finance (DeFi), virtual worlds (Metaverse), games, or digital art (NFTs), BNB Chain has it all.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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