Binance exchange announced 13 new projects that it will support within the scope of the "Most Valuable Developer Accelerator Program" (MVB). The 10-week accelerator program run by Binance Labs and BNB Chain added CMC Labs as a strategic partner to its 7th season.

Binance Labs, the investment arm of the exchange, chose two main groups to select the startups it will support in this 7th investment season. The first of these was the MVB Startup Group. Web3 projects working to expand the BNB Chain ecosystem were included in this group.

The second group to invest in was announced as the Founders Group, but no details have been given about this category yet. It was stated that applications are still open for startups that want to participate here.

It may not be possible to invest in all of them

Binance Labs will support the projects within the scope of their needs, and whether to invest in the end will be decided according to the progress of the project. Binance Labs invested in 4 of the 12 projects included in the MVB program last year. These; They were AltLayer, KiloEx, Kinza and Sleepless AI.

13 out of 700 applications were selected

The investment arm of the stock exchange decided to include 13 projects, corresponding to 1.8% of the 700 applications, to the MVB program.

While the program addresses 3 areas: DeFi, Infrastructure and Application Layer, the selected projects are as follows:

DeFi

  • BitU: A crypto-backed stablecoin project that aims to provide high returns.

  • Blum: A hybrid exchange offering global token access via gaming within a mini-Telegram app.

  • Surf: Offers a liquidity hub for small-cap coins such as leveraged trading, pre-market buying, points earning system and much more.

  • Vooi: A cross-chain DEX service provider that supports EVM and non-EVM chains.

Infrastructure

  • Aggregata: It is a decentralized scaling application that collects artificial intelligence data via decentralized infrastructure DePIN.

  • Nesa: It is a layer 1 project that includes artificial intelligence in on-chain requirements that require high security, privacy and trust.

  • Nimble: AI is an AI protocol that functions to combine Machine Learning models with data used by data providers and computing resources.

Application layer

  • Aspecta: A platform that uses artificial intelligence while supporting individual developers and ecosystem growth

  • Holoworld: A decentralized marketplace and social platform that allows individuals to create artificial intelligence bots as they wish…

  • Opinion Labs: A platform where individuals can express their opinions about the markets and gain value in return….

  • Side Quest: A gaming and social platform with a strong community…

  • Story Chain: An innovative, AI-based dApp that supports collaborative storytelling…

  • Tilted: A TikTok-like marketplace that allows buying and selling gaming assets and NFTs on-chain.



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