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Tokyo, Japan, March 5, 2023, Chainwire
- More participants are expected before registration closes at 23:59 Pacific Time on Monday, March 6
- Participating startups will be mentored by senior executives at Sony, Astar Network, Microsoft, AWS, Dragonfly, and Blockdaemon
Astar Network, the smart contract platform for multichain, is pleased to announce that the Web3 Incubation Program co-hosted with Sony Network Communications, Inc., an operating company of the Sony Group, has received an overwhelming response from developers around the world.
The Incubation Program has received more than 150 applications since it began accepting applications on February 17, 2023. Applications will close at 11:59 pm Pacific Time on Monday, March 6. Interested developers can still submit their applications before the deadline on the following page.
The Web3 Incubation Program supported by Sony Network Communications and Astar will run from mid-March to mid-June. Sony Network Communications and Astar Foundation will review all applications and decide on 10 to 15 groups. Sony and Astar will collaborate with Startale Labs, a Singapore-based company founded by Astar Network CEO Sota Watanabe, to deliver the incubation program.
Sota Watanabe, CEO of Startale Labs and Astar Network, said, “I am amazed to see our developer community grow this fast and welcome new projects joining our Web3 Incubation Program with Sony Network Communications. I’m ready to start the next phase of our program, as our incubation project begins working with an elite group of mentors from AWS, Polychain, Microsoft, and others.”
Sony Network Communications is exploring how blockchain technology can solve various problems in their industry. This Incubation Program with Astar Network enables them to quickly find relevant Web3 solutions. They will combine their resources and expertise to co-maintain Web3 projects focused on NFT and DAO utilities.
The program invites participants from all over the world, regardless of their initial Web3 phase. This will include learning sessions with global VC firms such as Dragonfly, Fenbushi Capital and Alchemy Ventures; and Web3 enterprise, as well as business strategy and technology workshops. Mentoring sessions will feature senior executives and industry veterans including:
- Ryohei Suzuki, Director at Sony Network Communications Singapore
- Teemu Pohjola, General manager at Sony R&D Center Brussels lab (Deputy Head)
- Sota Watanabe, Founder of Astar Network, CEO at Startale Labs
- Maarten Henskens, Chief Growth Officer at Astar Network
- Andrew Vranjes, Vice President of Sales and GM for APAC at Blockdaemon
- Ben Perszyk, Partner at Polychain
- Bill Laboon, Head of Education and Grants at Web3 Foundation
- Dmitry Lapidus, Investment Partner at Dragonfly
- Wei Shi Khai, General Partner & COO at LongHash Ventures
- Yuki Yuminaga, Investor & Researcher at Fenbushi Capital
- Michael Smith Jr., GM, Microsoft for APAC Startups
- Lillian So, Web3 Lead at AWS Singapore
- Roy, Partner at HashKey Capital
- Santiago Balaguer, BD Parity Leader
In mid-June, an offline demo day will be held at the Sony Group headquarters in Tokyo during Japan Blockchain Week. Promising companies will be considered for investment from Sony Network Communications.
About Sony Network Communications
The Sony Group operates various businesses such as Games & Network Services, Music, Graphics, Entertainment Technology & Services, Imaging & Sensing Solutions, and Financial Services. As a Sony Group business company, Sony Network Communications is engaged in the communications business, IoT business, AI business and solutions services business, as well as promoting new business by leveraging the assets within the Sony Group. In April 2022, Sony Network Communications established Sony Network Communications Singapore Pte. Ltd. in Singapore to engage in NFT-related outsourcing and development consulting business.
About Astar Network
Astar Network supports building dApps with EVM and WASM smart contracts and offers true interoperability to developers with cross consensus messaging (XCM) and cross virtual machine (XVM). Astar’s unique Build2Earn model empowers developers to get paid through the dApp staking mechanism for their code and the dApps they build.
One of the first parachains to come to the Polkadot ecosystem, Astar is a dynamic network supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM tools for developers to start building their dApps. To accelerate growth on the Polkadot and Kusama Networks, Astar SpaceLabs is offering an Incubation Hub for top TVL dApps.
For more information, visit:
Contact
Maarten Henskens, [email protected]
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