- The advantages of joining the program in terms of technology include giving Web3 projects access to Google Cloud’s Web3-specific products.
- Startups participating in the program can also get a free month of Nansen Query and 12 months of 20% off Nansen products, offering market research and blockchain data insights.
Google Cloud, a division of Alphabet Inc., recently announced that it is expanding its outreach to Web3 and blockchain startups to help new projects developing in the sector get off the ground more quickly. This will be done by raising the Google for Startups Cloud Program to include Web3-specific advantages.
Blockchain technology enables peer-to-peer transactions without needing centralized servers thanks to Web3 technology, also known as the decentralized web. This enables the development of decentralized applications, or dapps, that utilize smart contracts, a type of self-executing code, to operate on blockchain infrastructure.
Starting recently, Web3 startups and projects that have received pre-seed to Series A funding, including those with token, equity, or grant funds, are eligible to apply for the program and choose to take advantage of Web3-specific benefits like community, technological, and other resources that will let developers concentrate on innovating their products rather than infrastructure.
Access to the program comes with up to USD 200,000 in Google Cloud Credits spread over two years, giving users access to various services. The first year’s credits are worth up to USD 100,000, and the second year’s credits will cover 20% of users’ costs up to USD 100,000.
The advantages of joining the program in terms of technology include giving Web3 projects access to Google Cloud’s Web3-specific products like the Blockchain Node Engine, which offers blockchain infrastructure for developers to get direct access to blockchain data, including Ethereum nodes, and BigQuery public data sets, which include Bitcoin, Ethereum, Litecoin, and more.
Additionally, builders will have access to fully managed serverless offerings like Firestore, Cloud Run, and Firebase, which are made to free up Web3 startups’ time from reinventing or managing infrastructure so they can focus on developing new services and protocols.
Exclusive grants from Google Cloud foundation partners Aptos, Flow, Celo, HBAR Foundation, Near and Solana Foundation, each offering up to one million dollars in cash or token equivalents, are among the resources available to startups. Additionally, the Polygon Ventures Ecosystem Fund and the Base Ecosystem Fund, which support initiatives based on the Ethereum Layer 2 blockchain, which is developer-friendly, are eligible for priority review.
Startups participating in the program can also get a free month of Nansen Query and 12 months of 20% off Nansen products, offering market research and blockchain data insights.
In addition, the startup program will give teams USD 10,000 in Alchemy credits, a Web3 development platform, VIP support, and mentorship so they can collaborate and get input on their work. Builders will also have priority access to Alchemy University, a top boot camp for teaching developers everything about Web 3.
For Web3 developers to get feedback from their partners, peers, engineers, and other users of Google Cloud Web3 products, Google Cloud also offers an invite-only Discord channel. Developers will also have access to Google Cloud in-person VIP events worldwide, such as Paris Blockchain Week, Consensus, and TOKEN2049 Singapore, allowing them to expand their professional networks.