The CRO price spiked after Amazon Web Services (AWS) announced that it was partnering with Cronos to support the development of Web3 projects.
Amazon’s cloud computing subsidiary, Amazon Web Services, announced on April 26 to support startups in the Web3 and cryptocurrency industry. Cronos Labs with partnership stated to have been established.
Partnership provided as part of the accelerator program of Cronos, Crypto.com’s native token decentralized finance (DeFi), GameFi, SocialFi It aims at the development of new projects in its sectors. Startup projects selected within the scope of the program, from a 12-week acceleration program they will receive seed investment and additional potential investments.
Thanks to this collaboration, startups can scalability of cloud infrastructure, security And from its flexibility can contribute to their development. In addition, the various machine learning And artificial intelligence will be able to use their services in their blockchain infrastructure.
Startups enrolled in the program through AWS Activate Amazon Web Services cloud, including AWS cloud credits, hours, and mentoring can take full advantage of the services.
With the news announced according to CoinGecko data $0.0685 dollars from the level 17% with an increase $0.08 as high as CRO, at the time of writing from $0.0728 is being traded.