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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    CryptoPunks and Pudgy Penguins Draw Major Sales

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

    how NFTs became a global brand and a Web3 “social currency”

    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

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    CodexField and Salvo Unite to Tokenize Game Code

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    VitaminAi and WildGo Partner to Unveil Web3 Pinball Game

    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

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    Blockchain Bookmakers: A New Era of Fair and Secure

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    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    The Biggest Games Releasing in August 2025

    The Biggest Games Releasing in August 2025

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Blockchain

Chainlink Labs and Protocol Labs Join Forces to Empower Tech Startups

January 31, 2024
in Blockchain
24
Chainlink Labs and Protocol Labs Join Forces to Empower Tech Startups
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  • Protocol Labs and Chainlink Labs collaborate to boost emerging startups in Web3, offering technical support and guidance.
  • The strategic alliance promotes development in areas such as DeFi and video games, with resources and advice for projects.

In the blockchain technology sector, strategic collaborations between tech giants can be a catalyst for innovation and growth. A recent example of such synergy is the partnership between Protocol Labs and Chainlink Labs, aimed at fostering the development of emerging startups in the Web3 sector.

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.@protocollabs and @chainlinklabs have entered into a strategic alliance.

This alliance will help #Chainlink BUILD members access various developer tools, services, and support, including decentralized storage credits and engineering support.

— Chainlink (@chainlink) January 29, 2024

The Vision Behind Collaboration

Protocol Labs, known for its role in the development of Filecoin and the Interplanetary File System Protocol (IPFS), has shown a continued commitment to the advancement of blockchain technology.

By collaborating with Chainlink Labs, the creators of the industry-leading decentralized oracle solution, Protocol Labs seeks to provide resources and support to startups that are leading the way in areas such as decentralized finance (DeFi), global commerce and the gaming world.

Ruben Amenyogbo, Associate at Protocol Labs Builders Fund, highlighted the importance of providing entrepreneurs with access to cutting-edge infrastructure and expert guidance, emphasizing that these tools are essential to thrive in an ever-changing industry.

How Protocol Labs Will Contribute to Chainlink BUILD

The strategic collaboration between these two entities translates into tangible support for Chainlink BUILD projects. Protocol Labs will offer assistance in multiple areas, including:

  • Engineering Support: providing support for technologies such as IPFS, Filecoin, FVM and libp2p.
  • Workshops and Advice: Through partner days and consultations with researchers and mentors.
  • Credits for Decentralized Storage: Including services such as Web.storage and NFT.storage.
  • Talent Development: For select participants from the PL Founders Community.
See also  ‘Cosmos is more than ever in the same conversation as many other projects’, says Binary Builders’ product lead

The Protocol Labs conglomerate, with more than 600 technology startups, extends its expertise in areas such as artificial intelligence, augmented reality and virtual reality. This vast experience is put at the service of Chainlink BUILD projects to enhance their growth and success.

Impact of Protocol Labs’ Builders Funnel

PL’s Builders Funnel has become an essential platform to support builders and startups in the Filecoin ecosystem. In 2023, this program helped to:

  • More than 63,000 hackathons in hackathons, generating more than 4,500 submissions.
  • 602 grant recipients in various categories.
  • 316 teams in accelerator cohorts, raising over $420M in venture capital.

A History of Successful Collaboration

The relationship between Chainlink and Protocol Labs is not new. Since 2021, they have worked together on joint hackathons and grants, bringing innovative applications to life and supporting the Web3 ecosystem. This strategic alliance is a natural extension of this growing support for early-stage startups.

The collaboration between Protocol Labs and Chainlink Labs is a clear indicator of how strategic partnerships can be critical to the development of the Web3 industry. By providing support, resources and expertise, these two entities are laying the groundwork for a more innovative and successful future in the world of cryptocurrencies and blockchain technology.

With their focus on supporting emerging startups, this collaboration not only benefits individual companies, but also drives the advancement of the entire industry

Tags: ChainlinkEmpowerForcesjoinLabsprotocolStartupsTech

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