Hassan Maishera
Chainlink announced via X on Monday that Chailink Labs has formed a strategic alliance with Protocol Labs. Protocol Labs will support the Chainlink BUILD program, which is designed to foster promising early-stage startups building across key sectors including DeFi, global trade and gaming.
Protocol Labs currently has over 600 tech startups, funds, accelerators, foundations, open-source projects, and service providers under its umbrella. Through this alliance, Protocol Labs can add real value to Chainlink BUILD projects in a variety of ways, including Engineering support, workshops & attendance at Partner Days, office hours with researchers & mentors, decentralized storage credits, talent support (for selected participants), and PL Founders Community invitation (for selected participants).
The new alliance will ultimately help unlock and enable broader scalability of services and applications at the intersection of storage, computing, and interoperability, the Protocol Labs team added.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 2% over the past 24 hours and is trading at $14.997 at press time.
