Edit: Zen, PANews
On April 18, Binance Labs, a venture capital and accelerator owned by Binance, announced the list of selected teams for the sixth season of the MVB (Most Valuable Builder) program. From infrastructure to application layer, among more than 1,500 applications, 12 project teams were successfully shortlisted for the MVB program.
MVB is an accelerator program focused on developing the BNB smart chain ecosystem. Season 6 was officially launched on April 17 and lasts for 11 weeks. Related courses are designed to meet the changing needs of Web 3.0 founders. This includes helping emerging projects to fully realize their potential through investment and in-depth exchanges with industry experts, while providing technical advice for the launch and expansion of the BNB smart chain main network, and providing products that meet market demand.
In weekly sessions, Binance Labs will invite speakers from its extensive network of industry veterans and MVB alumni to share about law, security, multi-chain infrastructure, user growth flywheels, and token economics in 8 speaking events perspectives on topics such as science.
During the season, each project team will be assigned a dedicated MVB mentor to provide them with tailored advice. In addition, Binance co-founder and CMO and head of Binance Labs He Yi will host a master class on building culture, team and marketing, while Binance founder and CEO Changpeng Zhao (CZ) will hold a private meeting to summarize the Master Class of Season 6.
He Yi said: “Our mission at Binance Labs is to identify and support founders who have the skills, values, and long-term ideas needed to create innovative technology solutions and have a positive impact on the broader Web 3.0 ecosystem. MVB aims to accelerate BNB Growth of selected projects in the smart chain ecosystem. We in MVB Season 6 have designed the curriculum to meet the needs of crypto startup founders and provide early-stage teams with the right support to build viable projects that will help the ecosystem grow in the long term. Continuous product.”
Of the more than 1,500 applications received for the MVB Accelerator program this season, there were founder teams from all over the world, with 53% of the applicants coming from North America and Europe, and 36% from the Asia-Pacific region. After a rigorous screening process, less than 1% of the total applications were admitted.
Of the 12 project teams participating in the sixth season of the MVB Accelerator Program, 2 belong to infrastructure, and the other 5 belong to the DeFi and Dapp tracks respectively. The introduction is as follows.
Decentralized Finance
Kinza: A lending protocol built for the DeFi ecosystem that focuses on security and aims to connect the demand and supply of liquidity to create the best on-chain money market.
Hinkal Protocol: It is an easy-to-integrate privacy SDK that helps users achieve privacy-protecting KYC-layer anonymous transactions and is suitable for enterprises and institutions.
KiloEx: A user-friendly decentralized perpetual contracts trading platform focused on risk management and capital efficiency.
Cashmere Labs: A cross-chain aggregator and stable exchange platform that uses interoperable messaging to exchange any asset between any chain and protect against cross-chain MEV attacks.
EthosX: A decentralized financial platform that creates end-to-end financial derivatives on the chain.
infrastructure
AltLayer: Provides application-specific multi-chain extensions through a highly scalable system of execution layers that derive security from the underlying L1/L2.
ZKCross: The first multi-chain ZK-Rollup execution layer using ZK-WASM, which allows Web2 and Web3 developers to build Web3 applications using their ZK-fusion model.
Application layer
HIM: An otome game that combines SBT, asset ownership, the immutability of Web3, and AI open domain dialogue, and is designed to create powerful, interactive dialogue.
Sparkle.xyz: An astrology lifestyle app offering personalized Soulbound Token (SBT) characters with tradable NFTs, astrology-themed PVP gameplay, and social features.
Masa Finance: Provides an SDK to mint Soulbound Tokens (SBT) for composable and standardized on-chain identifiers to scale to the next billion web3 users. Masa SBT will be the fundamental building block for interoperable identity, data and trust layers.
Slise: A Web3 native programmatic advertising platform that uses wallet and on-chain data to target users for Web3 projects while providing a sustainable revenue stream for dApps that display ads.
xBank: A consumer credit protocol and all-in-one portal that offers a “buy now, pay later” option for NFTs and greater profit margins for users who contribute through a credit premium.
At the end of the 11-week accelerator, Binance Labs will hold a private demo day to showcase the above projects. In order to promote innovation in the Web 3.0 ecosystem, venture capital institutions and Binance Labs LPs will meet with the MVB team. Therefore, these project parties not only hope to obtain funds from Binance, but also have the opportunity to obtain investment from other investors or institutions. .
