Tencent Cloud, the cloud computing arm of Tencent, has announced a collaboration with Injective, a decentralized derivatives trading platform, to support builders in the Injective ecosystem.
The partnership aims to contribute to the growth of the Injective ecosystem, beginning with builders participating in the Injective Global Virtual Hackathon, which launched on April 10, 2023. Winners of the hackathon will receive access to Tencent Cloud’s world-class cloud infrastructure, enabling them to bring their ideas to life rapidly.
As a leading provider of cloud services worldwide, Tencent Cloud provides businesses and startups with secure and flexible infrastructure and comprehensive cloud services that enhance user experience while providing a competitive edge. This collaboration with Injective is a testament to Tencent Cloud’s growing interest in the Web3 ecosystem. The partnership follows the introduction of several offerings aimed at developers in recent months, including high-performance products, infrastructure, and software development kits.
The collaboration between Tencent Cloud and Injective will have a significant impact on the Injective ecosystem, as it empowers builders who are driving the future of finance. By awarding cloud credits to winners of the Injective hackathon, Tencent Cloud is incentivizing more developers to join the event and create groundbreaking solutions. This partnership highlights the increasing relevance of cloud computing in supporting the growth of the Web3 ecosystem.