Animoca Brands, AWS, Polygon Labs partner to promote Web3 startups

An exclusive partnership is established between Animoca Brands, Amazon Web Services (AWS), and Polygon Labs to facilitate the delivery of their MoonRealm Express Accelerator program. This alliance aims to garner international support from Web3 developers to accelerate the development of Web3 products and services. This will be feasible through Mocaverse, a landmark project by Animoca Brands. 

The MoonRealm Express Accelerator is a program designed to incentivize developers to advance their work in the areas of decentralized identification, SocialFi, and GameFi, as well as to generate innovative ideas for the Mocaverse.

The entire focus of MoonRealm Express Accelerator is to stand by prospective creators and assist them in converting ideas into real-time solutions. It encourages innovation across the complete growth process of a Web3 startup, right from the concept itself to the creation of advanced projects.  

The initial unit of the MoonRealm Express Accelerator will be involved in creating and expanding Mocaverse’s ecosystem, concentrating on introducing Moca ID and Realm Points on the Polygon chain. The initial hackathon will be declared towards the beginning of 2024. It will encourage developers and projects to develop protocols that use the Moca ID on-chain identification ecosystem and the incorporation of Realm Points as main assets.  

Key segments of the hackathon will consist of Web3 identification, Web3 social, and Web3 development. The objective is to establish Mocaverse as the preeminent platform for Web3 loyalty programs. All of this will be made possible by combining the domain expertise of Animoca Brands with the capabilities of AWS and Polygon Labs’ extensive network and by leveraging cloud, AI, and blockchain technologies.

According to the Co-Founder and Executive Chairman of Animoca Brands, Yat Siu, Mocaverse will help immensely in the overall growth of their company and its network by creating the biggest Web3 ecosystem in terms of culture and entertainment. 

AWS has committed to providing financial support of $1.1 million to 500 viable startups. The organization’s cloud resources will be incorporated through AWS Activate. In addition, technical courses will be designed to assist entrepreneurs with developing Web3 applications, games, and AI-enhanced products. They will facilitate connections between startups and venture capitalists to secure funding for the initiatives.

Web3 can revolutionize numerous industries, according to Yaniv Donenfeld, the Global Head of Web3 GTM at AWS. At present, Web3 is actively involved in promoting innovation on an international scale. Their AWS cloud will be promoted in collaboration with Animoca Brands and Polygon Labs.

Polygon Labs will provide workshops for Web3 startups to bring them up to date with advanced technology and the required expertise to make their way forward. Also thrown in will be cash bounties for hackathons. Vouchers will be made accessible for services that will assist the startups.  

Polygon Labs’ SVP, Developer Studio, Ajay Ponna Venkatesha, said the company is thrilled to have the opportunity to contribute to developing the Web3 ecosystem. Polygon Labs is committed to this effort because it represents our value in seeing ecosystem players work together to develop a robust Web3 community and new and exciting initiatives. 

Animoca Brands is a top Web3-oriented company that utilizes blockchain to introduce digital property rights to customers internationally and assists in setting up the open metaverse.