Binance has created an alliance to support Web3 startups
The BNB Chain ecosystem and Binance Labs have launched the BNB Incubation Alliance, with which they plan to support Web3 projects at an early stage.
Will select promising projects for incubation through a series of global events held together with leading venture capital funds and development communities.
In particular, applications will be considered during the following events:
EthCC 2024 in Belgium (July);
Bitcoin 2024, USA (July);
Token 2049, Singapore (September);
Binance Blockchain Week, UAE (October);
DevCon and ETHGlobal, Thailand (November).
Winning startups will receive direct access to the BNB Chain MVB program and a Launch-as-a-Service package that includes partner networking, potential mutual integrations, security audits and other service coverage worth up to $300,000.
Following the selection of the seventh season of MVB, 13 early Web3 projects participated in the 10-week accelerator. The program included expert-led workshops and mentoring support. In the finals, Binance Labs made investment decisions based on project performance.
We will remind you that in April, BNB Chain announced the launch of native staking in BNB Smart Chain.
