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Animoca Brands collaborates with Amazon and Polygon Labs to accelerate Web3 development

Published 17/11/2023, 10:43 am
© Reuters.  Animoca Brands collaborates with Amazon and Polygon Labs to accelerate Web3 development
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Animoca Brands Corporation Ltd has partnered with Amazon (NASDAQ:AMZN) Web Services (AWS) and Polygon Labs to launch the MoonRealm Express Accelerator, a new initiative aimed at fostering the development of Web3 products and solutions.

The program, integral to Animoca Brands’ Mocaverse project, aims to propel global builders in emerging domains such as decentralised identity, SocialFi, and GameFi.

MoonRealm is designed to support builders from concept to real-world application.

The program offers a variety of resources, including Web3 masterclasses, builder-centric hackathons, and incubation for high-potential projects to nurture innovation throughout a Web3 startup's growth cycle.

Connect, aggregate, and grow

“Mocaverse pursues the mission to connect, aggregate, and grow the Animoca Brands network by building the largest Web3 ecosystem in culture and entertainment,” Animoca Brands executive chair and co-founder Yat Sui said.

“We’re incredibly excited to partner with AWS and Polygon Labs to offer ambitious builders an opportunity to join this growing ecosystem and empower them with the knowledge, tools, and resources to contribute to and co-create on the major Web3 identity and loyalty platform.”

The inaugural cohort of MoonRealm will focus on building and extending Mocaverse's expanding ecosystem, centring around the recent launch of Moca ID and Realm Points on the Polygon chain.

The program will announce its first hackathon — an event where games and programs are created over short time periods — early next year, tasking builders to devise protocols that leverage and grow the Moca ID on-chain identity ecosystem, and that integrate Realm Points as integral assets.

AWS invests US$1.1 million

AWS, as a pivotal technology partner, has pledged US$1.1 million (A$1.7 million) to support up to 500 startups in the first cohort.

This includes providing cloud resources through AWS Activate, technical masterclasses, exposure to venture capital, and comprehensive go-to-market support.

"Web3 has the potential to revolutionise various sectors and it’s already driving innovation and growth on a global scale,” AWS Wev3 GTM global head Yaniv Donenfeld said.

“We're excited about supporting Web3 startups to boost their growth and innovation by leveraging the power of the AWS cloud in collaboration with Animoca Brands and Polygon Labs."

Polygon Labs has committed to offering workshops for Web3 startups and contributing cash bounties for hackathons.

“This is an exciting opportunity to further advance the Web3 ecosystem and drive innovation within it,” said Polygon Labs Developer Studio SVP Ajay Ponna Venkatesha.

“Polygon Labs is fully committed to supporting this initiative as it embodies our value to see ecosystem participants collaborate to foster a thriving Web3 community and accelerate the growth of innovative projects.

“Polygon PoS has been a preferred chain for founders and we are excited to help a new generation to build the next big disruptive Web3 project.”

Companies interested in applying to MoonRealm Express Accelerator are invited to visit the program webpage https://program.mocaverse.xyz/moonrealmexpress.

Read more on Proactive Investors AU

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