Alphabet, the parent company of Google, has announced a significant expansion of its Google for Startups Cloud Program. As of April 25, the program now encompasses prominent Web3 firms, including Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb. Concurrently, blockchain analytics firm Nansen revealed its partnership with Google Cloud to supply real-time blockchain data to startups, with its database currently containing over 250 million wallet labels.
Google Cloud's Web3 Startup Support
In an effort to support Web3 startups, Google Cloud has introduced two distinct product suites, classified according to whether the companies have raised funding. Pre-seed startups are eligible for up to $2,000 in Google Cloud credits, valid for two years. Additionally, these companies will have access to prominent events such as Paris Blockchain Week, Consensus, and TOKEN2049 Singapore, where Google will actively participate.
The Nansen-Google Cloud Partnership
Nansen, a leading blockchain analytics firm, has joined forces with Google Cloud to deliver real-time blockchain data to startups. This collaboration is designed to empower new and emerging Web3 firms with essential information, enabling them to develop innovative solutions, make better decisions, and gain insights into the rapidly evolving world of blockchain technology.
We are very excited to team up with @googlecloud in their Web3 startup program to provide real-time blockchain data 🚀
— Nansen | 📍Consensus2023 (@nansen_ai) April 25, 2023
Web3 startups in the program get a free month of #NansenQuery & other benefits 🤝
Learn how it can help YOUR project succeed 💪https://t.co/xU3bZlkOiy
Industry Implications
The expansion of the Google for Startups Cloud Program to include Web3 firms signifies Google's recognition of the potential and growing influence of blockchain technology in various industries. By partnering with major players like Solana, Alchemy, Nansen, and others, Google Cloud aims to foster the development of cutting-edge solutions within the blockchain space and drive the adoption of decentralized technologies.
Furthermore, the partnership between Nansen and Google Cloud highlights the importance of accessible, real-time blockchain data for startups in the Web3 space. By providing essential resources and tools, this collaboration helps ensure that new blockchain companies have the support they need to succeed and thrive.
Conclusion
The expansion of the Google for Startups Cloud Program to encompass Web3 firms is a significant milestone in the development and growth of the blockchain industry. With the support of Google Cloud and its collaborations with prominent Web3 firms like Solana, Alchemy, and Nansen, startups now have increased access to vital resources, tools, and information. This will ultimately contribute to the acceleration of blockchain innovation and the realization of the full potential of decentralized technologies.
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