Altcoin Cronos (CRO) has partnered with Amazon Web Services (AWS) to support the growth of Web3 startups. After the announcement of the collaboration, the price of Cronos (CRO) rose 13 percent. Here are the details…
Altcoin partnership with Amazon marked the agenda
The partnership aims to increase the adoption and integration of Blockchain and Web3 services by providing expertise and infrastructure from both Cronos Labs and AWS to startups and startups. Startups will have access to AWS cloud credits and mentorship to accelerate their growth and development. The program includes a 12-week mentoring program with funding directly from Cronos Labs.
Excited to be working with @awscloud to support Web3 startups' growth through the Cronos Accelerator Program 🙌
Let's accelerate Web3 innovation together!https://t.co/HlT03r04VL
— Cronos (@cronos_chain) April 26, 2023
Initiatives also have the ability to access masterclasses. Apart from that, they will be able to talk to experts and access logistical support in the early stages of their projects. Through this collaboration, startups will be able to quickly and efficiently build and deploy blockchain-based applications, leveraging the scalability, security, and flexibility of AWS cloud infrastructure. The partnership comes at a time when artificial intelligence and machine learning are becoming increasingly popular in the blockchain industry.
With the announcement of the said partnership, the price of the CRO coin of Cronos, affiliated with Crypto.com, rose 13 percent. The cryptocurrency managed to rise from $ 0.065 to $ 0.0758 in the last 24 hours. You can see the coin’s 24-hour price change in the chart below:
