Sony Network and Astar to Launch Web3 Incubation Program

• Sony Network has partnered with Polkadot’s innovation hub – Astar Network – to host a Web3 Incubation Program.
• The program will run from mid-March to mid-June and applications can be submitted until March 6, 2023.
• The program focuses on the utility of DAOs and NFTs, with Startale Labs collaborating in the initiative.

Sony Network and Astar Network Partner Up

Sony Network Communications (a tech provider under the umbrella of the Sony Group) recently announced a partnership with Polkadot’s innovation hub – Astar Network – to present a Web3 Incubation Program. Focusing on NFTs and DAOs, this event is open to people from all regions across the globe, allowing them to apply until March 6, 2023.

Program Overview

The program will run from mid-March to mid-June and Sony Network and Astar Network have stated they plan on approving 10-15 users after reviewing inquiries. Startale Labs will also collaborate in this initiative by introducing educational sessions with venture capital firms such as Fenbushi Capital, Dragonfly, Alchemy Ventures, etc.

Benefits of Partnership

Sota Watanabe – CEO of Astar Network – said he is “pleased” to participate in the initiative alongside a company with rich experience in the NFT sector. He hopes that combining knowledge and resources from both organizations could provide value to selected participants and create new use cases/projects for them.

Sony Exploring Blockchain Field

The partnership between Sony Network Communications and Astar Networks also raises hope that it could offer applicable Web3 solutions for consumers since Sony has already started exploring the blockchain field prior to this collaboration.

Conclusion

All in all, this Web3 Incubation Program looks like an interesting opportunity for people interested in learning more about NFTs and DAOs while receiving support from some of the best industry players out there such as Sony Networks Communications, Astar Networks, Startale Labs & venture capital firms like Fenbushi Capital & Dragonfly amongst others who are involved in this initiative.