Google Cloud to Back BNB Chain's MVB Program with $10M in Cloud Service Credits
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BNB Chain announced a significant boost to its Most Valuable Builder (MVB) program with a $10 million investment from Google Cloud in cloud service credits.
Exciting news! @googlecloud is investing $10M in credits for MVB projects building on BNB Chain 🚀
— BNB Chain (@BNBCHAIN) November 12, 2024
Through this collaboration, up to 40 MVB projects building on BNB Chain will be eligible for up to $350,000 in Google Cloud credits for AI-focused projects, and $200,000 for other… pic.twitter.com/nNrZVdHt7I
The partnership will provide selected projects with access to up to $350,000 in cloud credits over two years for AI-driven Web3 projects, and $200,000 for non-AI projects. These funds will help boost the development of applications within the BNB Chain ecosystem, which already boasts more than 4,000 decentralized applications across categories like DeFi, NFTs, Metaverse, and gaming.
BNB Chain’s MVB Program
The MVB program, which is now in its eighth season, serves as a four-week accelerator designed to support developers, founders, and builders. By providing resources and guidance from Binance Labs and CoinMarketCap’s accelerator, CMC Labs, the program aims to fast-track the growth of innovative projects within the BNB Chain ecosystem.
During the program, selected teams will receive comprehensive assistance, including development strategies and scaling advice. The MVB program helps project teams connect with top-tier mentors and experts who have experience with the complex world of blockchain development and scaling.
The Broader Impact on the Blockchain Space
Google Cloud has already integrated its infrastructure with several blockchain projects, including MANTRA Chain, Flare, and Sui.
Additionally, Cronos Labs recently announced a strategic partnership with Google Cloud, which adds Google Cloud as a validator, boosts developer collaboration, and provides startup support.
However, BNB Chain's position as the largest smart contract blockchain by daily active users gives it a unique advantage in attracting developers and users.
