A well-known Web3 router called Multichain has announced a collaboration with Web3hub (a platform originated by G-Rocket Accelerator to advance the Web3 industry). As included in this collaboration, the launch of a 3-month Web 3.0 Global Acceleration Program has been carried out. In this respect, cumulative funding of up to $10 million has been made along with the earliest funding of almost $1M that has been collected by Multichain.
Multichain and HK Web3Hub Join Forces to Develop a Leading MultichainVerse
The chief goal of the respective project is to develop a MultichainVerse (MV) as well as boost up the projects dealing with the high-tech applications that operate across the chains. The entirety of the crypto ecosystems will be united there. To guarantee that the respective endeavour becomes effective, necessary financial incentives, worldwide acceleration, and technology empowerment will be provided.
This will be done to assist in the achievement of the complete potential as well as discover a convenient way to discover in Hong Kong. It is thought that the respective venture provides the basis for an exclusive era of advancement for the cross-chain apps as well as the Web3 market. At the moment, Multichain as well as Web3Hub are supported by the Institute of Web3.0 Hong Kong.
Both platforms have remained effective in bringing together the chief players within the Web3 space to join the exclusive program. These entities take into account media firms, cloud service providers, blockchains, and so on. Multichain considers that the mutual efforts of the respective giants will play a crucial role in providing benefits to the project and driving its success.
The Platform Intends Taking Assistance from Its Major Collaborators to Drive Development
The platform moved on to name the well-known blockchain collaborations thereof. In this respect, Multichain disclosed that its collaborators include Wemix, MultiversX, KAVA, IRISHUB, Horizen, Fantom, EOS Network, Cronos, Conflux Network, and Avalanche. Its cloud service partners take into account Tencent Cloud and Amazon Web Services (AWS).
The platform added that the inclusion of these chief collaborators in the program will pave the way for additional opportunities. According to Multichain, this will enable the company to remain to progress to make pace with the ever-evolving developments within the Web3 as well as the cross-chain industry. The cross-chain decentralized router asserted that they are determined to contribute to the development of the industry with the MultichainVerse.