The BNB Chain Incubation Alliance (BIA) has made a significant impact in the blockchain community, hosting notable events at EthCC in Brussels and Bitcoin 2024 in Nashville. These events underscored the potential of early-stage blockchain projects and highlighted BNB Chain's ongoing support for innovative startups.
BIA: Fostering Blockchain Innovation
BIA serves as an incubator designed to accelerate the growth of early-stage blockchain projects. It collaborates with prominent venture capitalists, incubators, and developer communities to provide comprehensive support. The initiative aligns with BNB Chain’s mission to help startups and developers achieve real business success and reach mainstream adoption, with a long-term goal of onboarding the next billion Web3 users.
Integration with BNB Chain's Builder Support Program
Successful projects from BIA events are invited to join BNB Chain’s Most Valuable Builder (MVB) program, gaining access to grants and the Launch-as-a-Service (LaaS) package, valued at up to $300,000. The program offers:
Ideation Phase: Opportunities for early-stage development through hackathons and potential investment from Binance Labs.
Post-Deployment Phase: Grants and incentives based on performance metrics like daily active users (DAU), total value locked (TVL), and trading volumes.
Additional Support: Comprehensive business development, technical support, and marketing services.
Highlights from Bitcoin 2024, Nashville
The BIA event at Bitcoin 2024 gathered key figures from the blockchain and crypto investment sectors, including representatives from Binance Labs, Stanford Blockchain Accelerator, and Franklin Templeton. The event featured insightful panel discussions such as "Post VC-Era: What’s the End Game?" and "Bit-Coin-aissance on EVM." Key topics included the importance of long-term support for founders, sustainable business models, and the adoption of Layer 2 solutions.
Winners:
Avalon Finance: Specializes in BTC LSDFi and CeDeFi lending.
Bedrock: Focuses on multi-asset restaking protocols.
EthCC, Brussels: A Platform for Innovation
At EthCC in Brussels, the BIA highlighted promising blockchain projects with support from sponsors Alchemy and Open Ledger. The event featured presentations from projects that are at the forefront of blockchain innovation.
Winners:
Balloon Dogs: Developed the first DeFi Abstraction Layer.
Blackwing: Offers liquidation-free margin trading on meme coins.
Payman: Enables easy payments from AIs to humans.
Future Prospects
BNB Chain’s commitment extends beyond immediate support, as it aims to help startups and developers transition into mainstream adoption. Through the BNB Incubation Alliance, BNB Chain is dedicated to fostering the next wave of blockchain innovation, providing resources and support to help startups make meaningful contributions to the Web3 ecosystem.
Stay updated with the latest from BNB Chain as they continue to nurture blockchain innovation and support early-stage projects.
