Sony Network Communications Inc., Startale Labs Pte Ltd and Astar Network announced the creation of a joint incubator for Web3 startups. As part of the program, Sony plans to explore “how blockchain technology can solve various industry problems.”

Sony to Launch Web3 Startup Incubator in Partnership with Astar and Startale Labs

Sony Group manages companies in various industries: games, music, photography, finance. Among all the diversity, Sony Network Communications is developing solutions for the new generation of Web3 Internet. Having chosen blockchain Astar Network as technology partner and dApp developer Startale Labs Pte Ltd as organizer, they announced the Web3 Incubation Program.

Any Web3 start-up is invited to participate in the incubator, regardless of the stage of the project and the country of location. The program will take place online and will last for three months. However, the demo day will take place in the usual format: the startups will talk about their projects and the results of the incubator at the Sony Group headquarters in Tokyo in June 2023.

As reported on the project website, within the framework of the Web3 Incubation Program, the participants:

  • you will have the opportunity to meet first-hand with the main figures of the industry;
  • hear feedback from successful Web3 companies;
  • you may use the resources of Sony Network Communications and Astar Network;
  • will receive financial assistance and possibly investment from Sony Network Communications.

Applications began on February 17 and will last until March 6. Registration is done on the official website of the Web3 Incubation Program.


Grigory Shcheglov

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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