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The web3 narrative, which is shaped and led by cryptocurrencies, continues to grow. A new partnership has been announced today. The collaboration between altcoins and Google Cloud should be interpreted as the server service provider’s preparation for the Web3 world. These partnerships are mostly about integration rather than investments.
EGLD Google Partnership
Altcoin teams have found the right time to announce the good news they have been waiting for. While BTC surpasses $30,000, EGLD became the first team to deliver the news. Google Cloud will collaborate with blockchain infrastructure company MultiversX (formerly known as Elrond) to strengthen its presence in Web 3. The integrated MultiversX will help Web3 projects gain valuable insights from Google Cloud’s powerful data analytics and artificial intelligence tools.
Daniel Rood, Google Cloud Web3 EMEA President, stated:
“There are exciting opportunities to enable Web3 developers to build and scale faster. Our partnership with MultiversX will expand our strategy, provide greater access, and solidify our position in the blockchain world.”
Due to the significant price increase of EGLD prior to the news, it did not experience significant fluctuations.
