According to a press release, the Web3 incubation program will be organized by Singapore-based Startale Labs, a company founded by Astar Network CEO Sota Watanabe, and will run from mid-March to mid-June of this year. Applications for the program open on Feb. 17 and close on March 6.
Those accepted into the program will be split into 10 to 15 cohorts, and learning sessions will be provided by global venture capital firms such as Dragonfly, Fenbushi Capital and Alchemy Venture.
The goal of the program for Sony Network Communications is to explore "how blockchain technology can solve various problems in their industry," the press release adds. Projects in the program may also be considered for investment from Sony Network Communications.
More broadly, Sony has also started to embrace Web3 technology, announcing a motion-tracking metaverse wearable called Mocopi in November 2022.
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