Blockchain
Sony Network Communications, in collaboration with Astar Network and Startale Labs, will wrap up their groundbreaking Web3 incubation program with a highly anticipated demo day on June 18, 2023. Registered as an “official event” of Japan Blockchain Week, this event promises to mark a pivotal moment in the world of blockchain and decentralized technology.
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The Demo Day will be a hybrid event that will bring together participants from around the world, both in person at an offline location and online in the Metaverse. It will serve as the grand finale of the Web3 Incubation Program, providing project teams with a platform to showcase their innovations to venture capitalists and large companies seeking partnerships with Web3 startups.
In addition, the event will feature presentations highlighting the program’s progress, achievements and future prospects.
Scheduled on June 18, 2023, from 1:00 PM to 6:00 PM, the Demo Day will be jointly hosted by Sony Network Communications, Startale Labs & Astar Network.
The event is open to all interested, no participation fee is required. It will be held primarily in English to allow a wider audience to participate in the program’s activities. Registration for the event can be done by filling out a form available on the event website.
To allow attendees to experience each project’s technology firsthand, offline attendees will receive a special SoulBound Token (SBT) NFT issued by Lemonade, a platform designed for creators and brands.
This unique NFT commemorates the event and is non-transferable. The location for the in-person portion of the event will be communicated to participants via email. Due to overwhelming demand, event tickets are allocated through a lottery system rather than on a first come, first served basis.
Online participants, on the other hand, receive an NFT pass issued by Snickerdoodle Labs, a data exchange platform that securely merges Web2 and Web3 data.
This NFT pass will give them access to the demo day at the COSMIZE Metaverse, where Snickerdoodle Labs will also be showcasing their technology as one of the candidates for the Web3 incubation program. The event organizers will distribute the NFT passes issued by Snickerdoodle Labs to online attendees.
The Web3 Incubation Program aims to foster the growth and development of Web3 startups from around the world, regardless of their development stage. Sony Network Communications and Astar Network carefully evaluated more than 200 applications, taking into account factors such as technology, team composition and product appeal.
As a result, 19 special projects were carefully selected to participate in the incubation program.
Sota Watanabe, the founder of Astar Network, expressed his enthusiasm saying, “These top teams launching on Astar are willing to build Web3 solutions in partnership with Sony Network Communications.”
“Demo Day will provide a space for passionate groups to connect in Japan and advance their Web3 vision.”
Sota Watanabe, founder of Astar Network
Throughout the program, participants have had the opportunity to benefit from learning sessions led by global venture capitalists and successful Web3 companies. They have received mentoring guidance on business and technology development strategies and access to Sony Network Communications’ extensive resources for collaboration and support.
Both online and offline interactions with the program candidates have enabled valuable networking opportunities.
About COSMIZE
In addition to the core program participants, there are also several notable entities involved in the Web3 Incubation Program. COSMIZE, the first native metaverse on Astar, builds a web-based app that allows users to experience the Web3 metaverse with a single click.
About lemonade
Lemonade, a full-stack multichain platform, allows creators and brands to set up their own lemonade stands (Web3 web apps) and leverage features such as immersive events with NFT ticketing, token gated commerce and collectibles creation across multiple blockchains.
Closing thoughts
As global interest in blockchain and decentralized technologies continues to grow, initiatives such as the Web3 Incubation Program play a vital role in nurturing and supporting the next generation of innovators.
With Demo Day quickly approaching, there is anticipation within the Web3 community and wider technology landscape. This event not only showcases the achievements of the program participants, but also serves as a platform to inspire and fuel further innovation in the Web3 space.