Sony Network Communications and Astar Network Joint Web3

Sony Network Communications and Astar Network Joint Web3

Accounting Policy Web3
March 30, 2023 by Admin
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Sony Network Communications and Astar Networks Sony Network Communications and Astar Networks announced that their joint Web3 incubation program, Web3 Launchpad, has received over 150 registrations in its first three weeks. The program, designed to facilitate the launch of Web3 solutions to major corporate clients, was launched on August 10th, 2020. The Web3 Launchpad, which
763 sony network communications and astar networkaes joint web3 incubation program receives over 150 registrations

Sony Network Communications and Astar Networks

Sony Network Communications and Astar Networks announced that their joint Web3 incubation program, Web3 Launchpad, has received over 150 registrations in its first three weeks. The program, designed to facilitate the launch of Web3 solutions to major corporate clients, was launched on August 10th, 2020.

The Web3 Launchpad, which is being hosted by Sony Network Communications and Astar Networks separately, offers mentorship, access to early-stage funding, and engineering support to applicants. Sony Network Communications and Astar Networks will provide the necessary support and guidance to help foster and unlock Web3 solution potential.

The program’s focus is on building solutions that use decentralized protocols, bridging the gap between traditional corporate banking, anonymity and trust patterns, and blockchain technology. This will enable enterprises to move away from intermediaries and adopt decentralization for activities such as payments, KYC (Know Your Customer) processes and other social and economic applications.

The program is being conducted in phases, and is open to eligible startup teams from around the world.

The first stage will provide guidance and mentorship, while Phase 2 and Phase 3 will provide access to early-stage funding, engineering support, and assistance with product development and customer acquisition.

At the end of the program, the teams are expected to present theirworking product prototypes to panel of judges, investors and industry experts during the culminative Demo Day event.

Sara Thomsen, executive director of the Web3 Launchpad said: “This program is a great opportunity for anyone who is looking to develop Web3 solutions. With the support of Sony Network Communications and Astar Networks, we are confident that this program will provide the guidance and assistance needed to unlock the potential of blockchain technology. We are excited to see how our participant teams will use it to create powerful Web3 solutions.”

Sony Network Communications and Astar Networks are committed to helping Web3 solutions reach their full potential and the Web3 Launchpad illustrates that commitment. This program is an important step towards building a more transparent and secure digital economy.