Sony and Astar Network Launch Web3 Incubation Program for NFT and DAO-Focused Projects – Bitcoin News


On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on the utility” of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs).

Sony and Astar to Co-Host Web3 Incubation Program

Sony Network Communications, a subsidiary of Japanese technology giant Sony Group, announced Friday that the company is exploring ways to address industry issues using blockchain and Web3 technology. A Web3 incubation program is planned for mid-March to mid-June with Astar Network and Singapore-based Startale Labs to bolster relevant Web3 solutions. Startale was founded by Astar Network CEO Sota Watanabe.

The announcement sent to News states that Sony and the Astar Foundation will select “10 to 15 cohorts” from the applications. The program is open to anyone from around the world, and sessions will be hosted by venture capital…

Read more…