June 30, 2022

Radom Network receives $30,000 AWS Activate Grant

Radom Network is pleased to announce receipt of a grant from Amazon Web Services (AWS) in collaboration with the generous support of Tykhe Block Ventures

Being welcomed by AWS and Tykhe Block in the exclusive AWS Portfolio program tier, Radom has been selected as the recipient of a $30,000 grant and shall, moreover, be enabled to enjoy a range of non-monetary, members-only benefits as well.  

As the recipient of the AWS grant, Radom Network will continue to scale its solutions and grow its infrastructure in a future-proof environment. 

AWS Active was created to provide start-ups with a host of benefits, including AWS credits, technical support and business (development) training. AWS Activate works with a range of VCs and other enabling organisations to provide selected startups with special benefits and support which are ultimately designed to help companies scale and grow in a clever manner. 

Apart from Radom’s generous venture partner Tykhe Block, other Activate providers involved with AWS Active include Andreessen Horowitz, Greylock Partners and NVIDIA. 

Radom Network, as a rapidly expanding Web3 project, acknowledges the importance of initiatives such as the AWS Activate Grant for enabling industry growth. Rapidly developing, decentralised and globally distributed Web3 companies such as Radom indeed, are by their nature likely to start in the cloud and as such have heavy web services needs. 

As the recipient of the AWS Active grant, Radom Network will continue to scale its multitude of solutions and build its infrastructure in a future-proof environment. Indeed, as a Web3 entity itself, Radom Network is uniquely capable to match the needs of Web3 and cloud providers by offering a highly flexible platform that enables Web3 to accept new cloud service leasing offers that fit their latest needs and scaling requirements. 

About AWS Active

AWS Activate is a startup program that provides eligible startups with tools and resources, including AWS credits, and AWS Support credits to help startups quickly get started on AWS and grow their business. 

AWS Activate consists of two program tiers – Activate Founders and Activate Portfolio. AWS Activate Portfolio is aimed at startups affiliated with an investor, accelerator, or other Activate Provider. 

About Tykhe Block Ventures

Tykhe Block Ventures invests in disruptive crypto networks. Tykhe Block Ventures is a leading investment firm founded in 2021 and based in United States.

They invest in ventures and hold liquid investments within the blockchain sector with a focus on decentralisation technologies, digital assets and the supporting infrastructure.

About Radom Network

Radom Network is building the world’s first blockchain-based payment gateway. With Radom Network, Web3 companies and DAOs can access critical services required to operate their business without ever having to off-ramp. 

Underpinned by a decentralised protocol for service discovery and authentication, sellers can on-board through the Radom dApp (decentralised application), and sell access to their internet-connected assets, such as cloud servers, API servers, proof-of-work miners or databases with on-chain and on-demand payments in stablecoins.

Customers can connect their self-custody wallet and access services directly through the Radom Marketplace or through a seller’s webpage with the Radom Widget, an integrated payment checkout widget.

Through Radom, Web3 companies, DAOs and service providers can reduce time to market, monetise, and scale quicker than ever before. 

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