Sony Network Communications and Astar Network’s Joint Web 3.0 Incubation Program Receives Over 150 Registrations

March 5, 2023 – Tokyo, Japan

More participants expected before the registrations close at 7:59 a.m. UTC on Tuesday, March 7, 2023. The participating startups will be mentored by senior executives at Sony, Astar Network, Microsoft, AWS, Dragonfly and Blockdaemon.

Astar Network, the smart contract platform for multichain, is thrilled to announce that the Web 3.0 Incubation Program it’s co-hosting with Sony Network Communications, Inc., an operating company of the Sony Group, has received an overwhelming response from developers worldwide.

The Incubation Program has received more than 150 registrations since it began accepting applications on February 17, 2023. Registrations are set to close at 7:59 a.m. UTC on Tuesday, March 7, 2023. Interested developers can still submit their applications before the deadline on the following page.

The Web 3.0 Incubation Program powered by Sony Network Communications and Astar will run from mid-March to mid-June. Both Sony Network Communications and Astar Foundation will review all applications and decide on 10 to 15 cohorts.

Sony and Astar will be collaborating with Startale Labs, a Singapore-based company founded by Astar Network CEO Sota Watanabe, to organize the incubation program.

Sota Watanabe, CEO of Startale Labs and Astar Network, said,

“I am amazed to see our developer community grow this quickly and welcome the new projects joining our Web 3.0 Incubation Program with Sony Network Communications.

“I’m ready to begin the next stage of our program, when our incubated projects begin to work with an elite group of mentors from AWS, Polychain, Microsoft and more.”

Sony Network Communications is exploring how blockchain technology can solve various problems in their industry. This Incubation Program with Astar Network makes it possible for them to quickly find the relevant Web 3.0 solutions.

They will combine their resources and expertise to jointly nurture Web 3.0 projects focused on the utility of NFTs and DAOs.

The program invites participants from around the world, regardless of their Web 3.0 startup phase. It will include learning sessions with global VC firms such as Dragonfly, Fenbushi Capital and Alchemy Ventures and Web 3.0 companies, as well as business and technology strategy workshops.

The mentorship sessions will feature senior executives and industry veterans including the following.

Ryohei Suzuki, director at Sony Network Communications Singapore
Teemu Pohjola, general manager and deputy head at Sony R&D Center Brussels Lab
Sota Watanabe, founder at Astar Network and CEO at Startale Labs
Maarten Henskens, chief growth officer at Astar Network
Andrew Vranjes, vice president of sales and general manager for APAC at Blockdaemon
Ben Perszyk, partner at Polychain
Bill Laboon, head of education and grants at Web 3.0 Foundation
Dmitry Lapidus, investment partner at Dragonfly
Wei Shi Khai, general partner and COO at LongHash Ventures
Yuki Yuminaga, investor and researcher at Fenbushi Capital
Michael Smith Jr., general manager at Microsoft for Startups APAC
Lillian So, Web 3.0 lead at AWS Singapore
Roy, partner at HashKey Capital
Santiago Balaguer, business development lead at Parity

In mid-June, an offline demo day will be held at the Sony Group headquarters in Tokyo during Japan Blockchain Week. Promising companies will be considered for investment from Sony Network Communications.

About Sony Network Communications

The Sony Group operates a variety of businesses such as game and network services, music, pictures, entertainment technology and services, imaging and sensing solutions and financial services.

As a business company of the Sony Group, Sony Network Communications is involved in the communication business, IoT business, AI business and solution service business, and promotes new businesses by utilizing assets within the Sony Group.

In April 2022, Sony Network Communications established Sony Network Communications Singapore Pte. Ltd. in Singapore to engage in NFT-related development outsourcing and consulting businesses.

About Astar Network

Astar Network supports the building of DApps with EVM and WASM smart contracts and offers developers true interoperability with XCM (cross-consensus messaging) and an XVM (cross-virtual machine).

Astar’s unique build-to-earn model empowers developers to get paid through a DApp staking mechanism for their code and the DApps they build.

One of the first parachains to come to the Polkadot ecosystem, Astar is a vibrant network that is supported by all major exchanges and tier one VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their DApps.

To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL DApps.

For more information, visit the following links.