PANews reported on June 13 that BNB Chain announced in its official blog that BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA) to promote early blockchain innovation by collaborating with other venture capital firms and incubators. The incubator aims to support and accelerate the development of early blockchain projects through a series of global activities. A highlight of the program is that winning projects have the opportunity to quickly enter the prestigious "Most Valuable Builder" (MVB) program, receive BNB Chain funding, obtain Launch-as-a-Service (LaaS) packages, and potential Binance Labs investment opportunities.