Binance Chain has received $10 million in cloud service credits from Google Cloud to help support blockchain projects in its Most Valuable Builder (MVB) Program.
According to the press release, the partnership will provide resources for over 40 projects in areas like artificial intelligence (AI) and cloud computing.
Projects in the MVB Program can now apply for cloud credits to grow their technology and scale up operations. AI-based projects are eligible for up to $350,000 in credits, while other Web3 projects can receive up to $200,000 over two years.
The MVB Program, now in its eighth season, is a four-week program that connects developers and project founders with resources from Binance Labs and CoinMarketCap Labs. It also offers coaching and guidance on growing and improving blockchain projects.
According to a Binance representative, “With Google Cloud’s support, the MVB Program will be able to boost innovation in Web3, helping projects get the resources they need for success.”
Binance Chain is a popular platform for decentralized applications (dApps) and currently hosts over 4,000 projects in areas like decentralized finance (DeFi), gaming, NFTs, and the Metaverse.
Also Read: Google Shares New AI Updates Announced in October
