Cronos partners with Filecoin’s Protocol Labs to boost Web 3 adoption

  • Cronos Labs has announced a partnership with Protocol Labs.

  • Protocol Labs is the creator of Filecoin and IPFS.

Cronos Labs announced a major partnership with Protocol Labs, the creator of Filecoin, the popular decentralized storage platform. The deal will see the two companies provide finances and other tools to companies building in their ecosystem.

Creators in the Cronos Accelerator Program will receive mentorship and technical support from the two companies. Cronos is now implementing the third cohort of the accelerator program. In the first one, winners received $30,000 upfront and access to another $300k in funding. In a statement, Ruben Amenyogbo of Protocol Labs said:

Buy physical gold and silver online

“This partnership has tremendous potential to provide robust support and empowerment to the current and future cohorts of blockchain startups, fostering the growth of decentralized finance, GameFi, SocialFi, and web3 infrastructure projects. By pushing boundaries and spearheading computing breakthroughs, we aim to shape the future of the web and create a transformative impact.”

Cronos and Protocol Labs are both major players in the industry. Filecoin has built a leading decentralized storage platform that is used by many developers. It recently launched the Filecoin Virtual Machine (FVM), which is slowly gaining traction.

At the same time, the developers recently launched Filecoin Web Services, which provides tools like Kubernetes and containers to developers. 

Cronos Labs, on the other hand, is the 11th biggest DeFi chains in the world with over $416 million in total value locked (TVL). Some of the top dApps in the ecosystem are Tectonic, VVS Finance.and MM Finance among others. Cronos Labs is backed by Crypto.com, one of the biggest crypto exchanges in the world.

How to buy Filecoin

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Buy FIL with eToro today

OKX

OKX is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.

Buy FIL with OKX today

The post Cronos partners with Filecoin’s Protocol Labs to boost Web 3 adoption appeared first on CoinJournal.

About the author

Why invest in physical gold and silver?
文 » A