BUILD

The Protocol

Polygon

Chainlink

On Jan. 29, Chainlink Labs and Protocol Labs announced a partnership to enrich the Chainlink BUILD program, designed to amplify dApp development by aligning incentives across various ecosystems.
Through this alliance, members of the Chainlink BUILD program will gain access to various developmental tools, services, and specialized support, including options for decentralized storage and engineering aid.
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 .<a href="https://twitter.com/protocollabs?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@protocollabs</a> and <a href="https://twitter.com/chainlinklabs?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@chainlinklabs</a> have entered into a strategic alliance. This alliance will help <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Chainlink</a> BUILD members access various developer tools, services, and support, including decentralized storage credits and engineering support.— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1751983549492638150?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">January 29, 2024</a>
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Protocol Labs, with its extensive network of more than 600 tech startups, funders, and service providers, will play a pivotal role in enhancing the Chainlink BUILD program. The&nbsp;<a target="_blank" href="https://bafybeidf4zfpguyzykf2yoota2gk2dunarsxxkcjyjl3byrzq2m7ekzhcm.on.fleek.co/blog/protocol-labs-forms-strategic-alliance-with-chainlink-labs/" rel="noopener noreferrer nofollow">collaboration</a>&nbsp;focuses on providing engineering assistance for a range of platforms, including IPFS, Filecoin, and libp2p.
Beyond technical support, the partnership extends to include workshop participation, mentorship programs, and innovative decentralized storage solutions. Select members of the program will also benefit from specialized talent support and exclusive access to the PL Founders Community.
Ruben Amenyogbo, a partner at Protocol Labs Builders Fund, emphasized the importance of this alliance, stating that “expert guidance” and “best-in-class infrastructure” are essential for success in the dynamic tech sector. The partnership aims to bolster startups in key areas such as DeFi, global trade, and gaming.
You might also like: <a href="https://crypto.news/chainlink-debuts-price-feed-oracles-on-polygon-zkevm/" rel="noopener noreferrer nofollow"> Chainlink debuts price feed oracles on Polygon zkEVM </a>
The Protocol Labs Builders Funnel, integral to this partnership, extends comprehensive support to startups within the&nbsp;<a target="_blank" href="https://crypto.news/marketacross-and-chainlink-labs-partner-to-support-build-members/" rel="noopener noreferrer nofollow">Chainlink BUILD community</a>. In 2023, the funnel was instrumental in enhancing the&nbsp;<a target="_blank" href="https://crypto.news/expert-insights-on-ethereum-traders-explore-filecoin-and-borroe-finance/" rel="noopener noreferrer nofollow">Filecoin ecosystem</a>, aiding over 63,000 hackers in more than 120 hackathons, distributing prizes in excess of $1.6 million, and supporting 316 teams through various accelerator programs. This support has led to over $420 million in venture capital for accelerator teams and funding for more than 100 startups.
The partnership follows Chainlink’s&nbsp;<a target="_blank" href="https://crypto.news/chaingpt-integrates-chainlink-to-unlock-cross-chain-crypto-hub/" rel="noopener noreferrer nofollow">integration</a>&nbsp;with ChatGPT in November 2023, which marked a significant advancement in blockchain interoperability. The integration with Chainlink CCIP, a standard for cross-chain interactions, enabled transactions across Ethereum and Polygon blockchains.
ChainGPT, through this integration, aims to provide web3 users and projects with AI infrastructure and tools, facilitating access to users on top EVM chains without deploying its native token directly on those chains, thereby minimizing liquidity costs.
Amidst this backdrop, Chainlink has&nbsp;<a href="https://crypto.news/ma-expectations-drive-chiliz-and-klaytn-whales-accumulating-chainlink-and-inqubeta/" target="_blank" rel="noopener noreferrer nofollow">garnered considerable attention</a>&nbsp;due to reports of potential mergers and collaborations, contributing to its&nbsp;<a href="https://crypto.news/chainlink-and-solana-prices-bullish-meme-moguls-expands-in-presale/" target="_blank" rel="noopener noreferrer nofollow">growing prominence</a>&nbsp;in the market. This development has led to a notable trend of large investors accumulating the LINK token in anticipation of a potential price rally in the future.
Read more: <a href="https://crypto.news/arta-partners-with-chainlink-labs-to-forge-new-compliant-cross-chain-investment-tokens/" rel="noopener noreferrer nofollow"> Arta partners with Chainlink Labs to forge new compliant cross-chain investment tokens </a>

Chainlink Labs and Protocol Labs unite to elevate the Chainlink BUILD program with various perks

crypto.news

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