Sony Network Communications and Astar Network’s joint Web3 Incubation Program Demo Day set for June 18

Tokyo, Japan, May 29, 2023, Chainwire

Astar Network, a platform for smart contracts on multiple chains, is co-hosting the Web3 Incubation Program with Sony Network Communications, Inc. (an operating company of the Sony Group) and Startale Labs Pte Ltd.

The program will culminate with a Demo Day on June 18, 2023, that has been registered as a “Japan Blockchain Week Official Event.”

It will be a hybrid event, hosted in-person at an offline venue and online in the metaverse. The event brings together participants from all over the world. 

The Demo Day is the program’s final event, where each project will pitch its innovations to venture capitalists and large corporations interested in collaborating with web3 startups. There will also be presentations about the status, achievements, and future outlook of the web3 Incubation Program.

In addition, there will be a networking session where participants can interact with the program candidates.

Event summary

• Date & Time: June 18, 2023 (Sunday), 13:00-18:00
•  Organizers: Sony Network Communications, Startale Labs Pte Ltd
•  Participation fee: free
•  Language: English *All sessions are presented in English
•  Tickets: anyone keen to attend the event can register by filling out the form here

As part of the organizers’ efforts to allow participants to experience each project’s technology first-hand, offline attendees will receive a non-fungible token (NFT) issued by Lemonade. 

This NFT will be a special SoulBound Token (SBT) to commemorate the event and is non-transferable. The venue will be announced to all participants by email. Due to high demand, event passes will be issued via lottery rather than on a first-come, first-served basis.

Online participants will receive an NFT pass issued by Snickerdoodle Labs to attend Demo Day staged in the COSMIZE Metaverse, which will also be showcasing their technology as candidates of the web3 incubation program. Event organizers will distribute NFT passes issued by Snickerdoodle Labs.

For this Incubation Program, web3 startups across the globe were invited to participate, irrespective of the phase of their development. 

Sony Network Communications and Astar evaluated over 200 startup applications based on their technology, team, and product appeal. After careful consideration, they selected 19 projects for the incubation program.

Astar Network founder Sota Watanabe commented:

 “These top teams launched on Astar are ready to build Web3 solutions with Sony Network Communications. Demo Day will allow passionate groups to connect in Japan and grow their web3 vision.”

Throughout the program, participants benefit from the learning sessions led by global venture capitalists and successful web3 companies, business and technology development strategies through mentoring, and access Sony Network Communications’ extensive resources for collaboration and support. There will also be opportunities to interact directly with the program candidates online and offline.

About COSMIZE

It is the first native metaverse on Astar to build a web-based app for users to experience the virtual world with a single click. Users can choose their preferred avatars and participate in various events, decorate their virtual rooms, and enjoy token experiences, among other things.

About Lemonade

Lemonade is a full-stack multichain platform designed for creators and brands. With Lemonade, you can quickly create your Lemonade stand (dapp) and take advantage of a range of features, such as immersive events with NFT ticketing, POAPs, and token-gated commerce and create collectibles across 15 blockchains. Additionally, users can co-create events and NFTs with other creators and split sales and royalties from collectibles and tickets.

About Snickerdoodle Labs

Snickerdoodle is a data exchange where people can securely aggregate their web2 and web3 data (think: searches, purchases) and lease it anonymously to brands per the strictest privacy and compliance standards. At the demo day, Snickerdoodle will demo their Marketing Platform, launch NFTs on Astar, and view data of demo day participants.

About Startale Labs 

Startale Labs is a web3 tech company developing multichain applications and infrastructure. We also conduct R&D and incubation activities based on the experience and connections developed in coordination with Astar Network. In addition, a subsidiary, Startale Labs Japan, was established on January 31, 2023, to provide web3 business development and strategic consulting services to corporate enterprises and governments, leveraging the strengths of Japan’s most widely-recognized public blockchain.

About Astar Network

Astar is a smart contract platform supporting EVM and WebAssembly (Wasm) environments and interoperability using a Cross-Virtual Machine. The platform is developer-friendly and supports tools and languages they are familiar with. Backed by the shared security of Polkadot, Astar shines brilliantly on its own within a vibrant and healthy ecosystem and is a leading star in the blockchain industry overall, driving international corporate adoption and consumer interest in web3 technologies.

For more information, visit: Website | Twitter | Discord | Telegram | GitHub | Reddit | YouTube 

Contact

Sota Watanabe

[email protected]