Google Cloud recently announced its expansion program, the “Google for Startups Cloud Program”, to the Web3 community in order to provide support for early-stage projects aiming to grow faster and more securely. Eligible projects from pre-seed to Series A, will be able to apply for the program, taking advantage of various benefits such as up to $200,000 in Google Cloud credits over two years, early access to Google Cloud’s Web3 products and training on latest cloud-based technologies. This program was made possible through Google's collaboration with different partners such as the Polygon Ventures Ecosystem Fund, Aptos, Celo, Flow, HBAR Foundation, Near and Solana Foundation, who will be providing up to $3 million in investments, as well as other benefits including $1 million grant from each of the aforementioned partners.

This move from Google Cloud reflects the company’s commitment to support the growth and success of Web3 projects and to equip developers with the necessary resources to succeed. Furthermore, the expansion of the for Startups Cloud Program to the Web3 industry displays Google’s trust in the innovation and potential brought by the rapidly-evolving field of Web3 technology. The growth of Google Cloud into the Web3 world has created a competitive dynamic with Amazon Web Services, which is currently trying to increase its foothold in the blockchain and Web3 market.

Overall, the initiative taken by Google Cloud to provide projects and developers in the Web3 industry with essential tools, resources and support is seen as a major step in the right direction that will help in the development of solutions and services powered by Web3 technology. In an industry that is still in its infancy stage, it is highly valued and encouraged to witness big giants such as Google taking part in the movement. With Google Cloud’s for Startups Cloud Program expected to ignite tech-adoption, the cryptocurrency industry can look forward to a great level of excitement and exploration from sophisticated developers and entrepreneurs.



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