Sony Community Communications, Inc., a subsidiary of the Sony Group, and Astar Community, the multichain sensible contract platform, will co-host a Web3 Incubation Program. Sony Community Communications and Astar Community will collaborate on Web3 initiatives that highlight the practical applications of NFTs and DAOs.
The Web3 Incubation Program, supported by Sony Community Communications and Astar, would run from mid-March to mid-June. The program’s functions will begin on February 17. After careful consideration, Sony Community Communications and Astar Foundation will select ten to fifteen cohorts. Sony and Astar will likely coordinate the incubation program alongside Startale Labs, a Singapore-based agency founded by Astar Community CEO Sota Watanabe.
Sony Community Communications is investigating the potential benefits of blockchain expertise for resolving issues in their industry. Because of this incubator program with Astar Community, they could easily find the critical Web3 options.
Sota Watanabe, CEO of Startale Labs & Astar Community, mentioned, “We’re happy to launch the Web3 incubation program with Sony Community Communications, one of many Sony Group’s firms, which has been concerned within the NFT sector and different Web3 initiatives throughout the Group. We hope to share each company’s data and assets to provide value to those chosen for this system and to create new use cases and tasks.”
Startale Labs creates infrastructure, and dApps, and provides enterprise consulting services primarily based on its expertise in developing multi-chain protocols. Furthermore, it is the entry point for large corporations to join Astar Community. Startle will leverage Astar’s development, previous consulting, and R&D business acumen to provide business strategy and technical assistance to collaborating projects.
Sony Community Communications’ mission remains to assist new companies that use the Sony Group’s telecommunications operations and assets. They established a regional office in Singapore to handle contractual expansion and consulting work for NFT products.
The program welcomes participants from all over the world, regardless of where they are in the Web3 startup process. It will include business and technology strategy seminars, as well as academic classes with Web3 startups and global venture capital firms like Dragonfly, Fenbushi Capital, and Alchemy Ventures. An offline demo day will likely be held at the Sony Group headquarters in Tokyo during Japan Blockchain Week in mid-June.
The Web3 tasks that will be completed include the following:
2) Sony Community Communications and Astar assets, as well as technical assistance and financial backing. Sony Community Communications will continue to look for opportunities to invest in promising companies.
3) Sony Community Communications will most likely support the Astar group’s product growth by hosting a Demo Day on the internet.
Those who are interested in the programme should apply right here.
Polkadot’s most popular para chain has benefited from the success of Astar Community’s “Asia Technique.” It has partnered with three of Japan’s largest companies, NTT Docomo, Sony, and Toyota, to launch its main net in January 2022.