Sony Ventures into Web3, NFTs, and Metaverse with Incubator Program
Sony Network Communications has partnered with Astar to launch a web3 incubation program for startups. The program, running from mid-March to mid-June, will provide support and resources to web3 startups from around the world. Participating startups will have the opportunity to connect with global web3 companies and venture capital firms and receive guidance on business and technology strategies. Sony may also consider investing in promising startups from the program.
The initiative reflects Sony's growing interest in web3, NFTs, and the metaverse. The company has previously made moves in these areas, including partnerships with Sun Asterisk and Theta, backing NFT marketplace MakersPlace, and investing in Epic Games' metaverse initiatives.