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Fantom (FTM) confirmed that it collaborated with Google Clouds to introduce various initiatives to incentivize developers to create top-notch decentralized applications.
We're teaming up with @GoogleCloud!
Our partnership will launch initiatives for #Fantom developers to build next-gen dApps using Google Cloud's advanced AI and infrastructure.
👀 Plus, Google Cloud is now running a validator on our network!
Learn more👇https://t.co/4B1dhzYpf8 pic.twitter.com/1vBfNcsg9E— Fantom Foundation (@FantomFDN) May 28, 2024
Fantom Foundation will leverage Google Cloud’s artificial intelligence capabilities and infrastructure to empower dApp developers.
Fantom’s announcement stated,
“We’ll use Google Cloud’s secure, scalable, and resilient infrastructure as well as its AI capabilities to help developers on Fantom build smarter, safer products that engage users in more meaningful ways.”
Google Clouds joins Fantom as a node validator
Besides enhancing innovation within the ecosystem, Google Cloud will be among Fantom’s node validators, authenticating FTM transactions.
Meanwhile, the latest partnership will enable Fantom developers to create next-gen dApps on the blockchain.
Notably, Google Cloud will perform its validator roles on Fantom’s Opera Network. The crypto project plans to move Opera to the new Sonic Network later.
FTM’s current price action
The altcoin displayed a recovery stance amid the news, gaining over 6% in the previous 24 hours to hover at $0.8387.
![](https://invezz.com/wp-content/uploads/2024/05/image-246.png)
FTM 1D Chart on Coinmarketcap
Enthusiasts show interest in Fantom as the daily trading volume jumped to $216.41 million.
The Google Cloud alliance will likely boost Fantom, making the project attractive in throughput and performance.
The post FTM signals recovery as Fantom taps Google Cloud’s AI to boost developer activity appeared first on Invezz
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