Aptos And Google Cloud Once Again Partner Up: Details
- Layer 1 blockchain Aptos CEO and co-founder Mo Shaikh has announced that it will be once again partnering with the Google Cloud and the deal also features Simon Baksys.
- Google Cloud will continue to participate on the Aptos mainnet with a staked block-producing node and the layer 1 blockchain will be included as a public dataset for Google Cloud BigQuery.
- Google is set to introduce a new multi-million dollar developer grant fund with APT and GCP credits and will host hackathons for developers.
Aptos, a crypto startup that rose to popularity earlier this year after announcing a partnership with Google Cloud in April, has further announced that it will be once again partnering with the cloud computing services provider. This time, the partnership between the two entities is “aimed at moving the Web3 movement forward with community and strong tech at the heart,” as per Mo Shaikh, co founder and CEO of the startup.
Layer 1 blockchain startup Aptos recently debuted its blockchain along with the APT token which rose to significant heights in a short period but then crashed immediately as well. Since then, the blockchain has been building its community and aims to attract more project and their creators on the platform which currently lacks any real-world use case. As per Shaikh, “building community is the most important thing we [Aptos] can focus on.”
In the announcement, Shaikh confirmed that Google Cloud will continue to participate on the Aptos mainnet with a staked block-producing node and the layer 1 blockchain will be included as a public dataset for Google Cloud BigQuery, a fully-managed, serverless data warehouse.
“I think the first time a web2 and a web3 company has come together in such a meaningful way,” Shaikh said.
Additionally, Aptos also confirmed that for the developers community, Google Cloud will continue to Google-wide hackathons, i.e., hacking events for developers with prizes set for the winners and participants as well. Morever, according to Shaikh, the cloud services provider will also introduce a new multi-million dollar developer grant fund with APT and GCP credits and he added that this is just the beginning.
Additionally, Speaking at a panel at Token2049 in London, Shaikh confirmed that the partnership also features Simon Baksys, the go-to-market and business development lead for Google’s web3 division.
It was confirmed that the hackathons will be co-hosted by Google and Baksys and Google and the Aptos Foundation will also debut an accelerator program in the coming months.
“It should really be interesting to see those two worlds collide and those projects that will be interested in using both Google tools as well as Aptos tools to produce something really cool,” Baksys said. “We’ll definitely be continuing our quote unquote world tour and engaging with the community together.”
Recently, the layer 1 blockchain came into spotlight after multiple Twitter analysts warned that the APT token will crash on listing. An analyst stated that the absence of strong and transparent tokenomics, coupled with a lack of strong features integrated into the blockchain of Aptos indicates that the developers will rug the buyers of the APT tokens.
A crypto journalist with over 3 years of experience in DeFi, NFT, metaverse, etc. Parth has worked with major media outlets in the crypto and finance world and has gained experience and expertise in crypto culture after surviving bear and bull markets over the years.
