Fantom Foundation has announced a key partnership with Google Cloud to introduce a range of programs that will encourage and enable developers to create the future wave of dApps on the network.
Fantom Foundation Enters an Enhancement Era
FTM is designed to offer rapid, secure, and scalable solutions for decentralized apps and smart contracts. The protocol aims to tackle the current constraints among its rivals encompassing throughput.
With this collaboration, Fantom Foundation will be able to ride on Google Cloud’s secure, scalable, and resilient infrastructure as well as its AI capabilities. It will provide Fantom developers with the necessary assistance in constructing more intelligent and secure products that captivate users in deeper ways.
Also, Google Cloud will join as a validator for Fantom’s Opera mainnet, with plans to transition to the upcoming Sonic Network upon its launch.
The CEO of the Fantom Foundation, Michael Kong in an X post emphasized a developer-centric approach for the collaboration. He highlighted that collaboration with Google Cloud is vital to turbocharge the Fantom ecosystem.
He mentioned that with Google Cloud on board, Fantom is poised to redefine the standards for blockchain’s capabilities.
What is the Next Big Thing For Fantom?
Fantom is eyeing several new game-changing programs ahead. It has introduced its new high-throughput chain, Sonic, and the establishment of Sonic Foundation and Sonic Labs. These outlets are designed to help the protocol drive next-generation innovations.
The Google Cloud tie up will find an ample base for relevant applications. This development further expands the current Google Cloud association which involves indexing Fantom blockchain data in BigQuery through Google Cloud’s public datasets.
Once Sonic launches, Google Cloud will also offer $200,000 worth of credits over two years to Fantom developers. These are those who chooses to migrate their DApps over to Sonic through the Web3 Startup Program.
The protocol is positioning itself to be a more globally recognized protocol. With the advent of spot Bitcoin ETF, spot Ethereum ETF, and the speculation surrounding Solana alternatives, perhaps in the future, FTM might get approval for an index fund tracking its price.
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