Cronos Labs file coin, a popular distributed storage platform. With this partnership, the two companies will provide funding and other tools to companies building the ecosystem.

Cronos Accelerator Program creators will receive guidance and technical support from both companies. Chronos is currently conducting a third cohort of the accelerator program. In the first round, the winner received his $30,000 up front, and he also gained access to $300,000 in funds. Protocol Labs’ Ruben Ameyogbo said in his statement:

“This partnership has great potential to provide strong support and empowerment to current and future blockchain startups and drive the growth of decentralized finance, GameFi, SocialFi and Web3 infrastructure projects. By pushing boundaries and leading breakthroughs in computing, we aim to shape the future of the web and create transformative impact.”

Cronos and Protocol Labs are both industry giants. Filecoin has built a leading decentralized storage platform used by many developers. We recently launched the Filecoin Virtual Machine (FVM) and it is slowly gaining momentum.

At the same time, developers recently launched the Filecoin web service, which provides developers with tools like Kubernetes and containers.

Cronos Labs, on the other hand, is the 11th largest DeFi chain in the world, with over $416 million in total value locked (TVL). Top dApps in the ecosystem include Tectonic, VVS Finance., MM Finance. Cronos Labs is backed by, one of the biggest. cryptocurrency exchange in the world.

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