Astar Network & Sony to collaborate for Web3 incubation program

SNEAK PEEK

  • The program aims to discover how blockchain technology can solve various problems in our industry.
  • Startlale Labs will manage the project from the middle of March to the center of June.
  • During Japan Blockchain Week, the country will host an offline demo day.

Sony Network Communications and Astar Network have launched a web3 incubation program in collaboration with projects emphasizing the use of NFTs and decentralized autonomous organizations (DAOs). Startlale Labs will oversee the initiative, which will run from the middle of March until the middle of June. Applications will be accepted beginning February 17 and ending March 6.

Game & Network Services, Music, Pictures, Entertainment Technology & Services, Imaging & Sensing Solutions, and Financial Services comprise the Sony Group. Sony Network Communications started the NFT-related development outsourcing and conferring businesses in April 2022 under the name Sony Network Communications Singapore Pte. Ltd.

To offer business strategy and technical support to participating startups, Startale will co-host an incubator program with Sony Network Communications. On February 17, applications for the program will open, and it will feature business and technology strategy discussions and presentations from international VC firms and Web3 startups. During Japan Blockchain Week, an offline demo day will take place in Japan.

Those chosen for the program will be split into 10 to 15 cohorts, with learning sessions provided by international venture capital firms like Dragonfly, Fenbushi Capital, and Alchemy Venture.

Sony Network Communications has launched an incubator program to investigate how blockchain technology might address numerous issues in their sector. The initiative is part of Astar Network’s ongoing collaboration with organizations interested in exploring use cases for Web3 technology. Toyota and Astar Network collaborated previously on a Web3 hackathon.