Key Points: Astar Network, a multichain smart contract network, has partnered with Sony Network Communications to launch the Web3 incubator.
Startale Labs, a Singapore-based company founded by Sota Watanabe, CEO of Astar Network, will host the Web3 incubator program.
The company hopes the program will help them to understand the various issues that blockchain technology could address in their industry.
Astar Network and Sony Network Communications teamed up to create a Web3 incubator program for initiatives that emphasize non-fungible tokens and decentralized autonomous organisations (DAOs). Sony Network Communications is a commercial division of The Sony Group. Sota Watanabe, CEO of Astar Network, launched Startale Labs in Singapore. This company will manage the Web3 incubator program from mid-March to mid-June this year. The application period for the program begins on February 17th and ends March 6. According to the press release, the program is designed to help companies understand how blockchain technology can solve their problems. Sony Network Communications can also invest in projects submitted to the program, according to Sota Watanabe (CEO of Startale Labs).
“We are happy to launch the Web3 incubator program with Sony Network Communications. This operating company of Sony Group has been involved in the NFT Sector and other Web3 initiatives within its Group. We hope to share the knowledge of both companies. . to add value to the participants and create new use cases or projects.
Astar Network was one of the first parachains to join the Polkadot ecosystem. Astar Network has a long history of collaborations with businesses that are interested in exploring Web3 technology applications. The Incubator program is part of this ongoing collaboration. Astar Network’s ongoing collaborations with businesses interested in investigating applications for Web3 technology are part of the Incubator program. We encourage you to do your research before investing.Join us to keep track of news: https://linktr.ee/coincuHaroldCoincu NewsTags: astar networkBlockchainDAOPolkadotSOnySony Network CommunicationsStartale LabsWeb3