Binance Labs Reveals 13 Early-stage Projects Selected For MVB Season 7 Accelerator Program one is Blum!

Binance Labs, the investment and accelerator arm of Binance, has announced the selection of 13 early-stage projects for the 7th season of its Most Valuable Builder (MVB) Accelerator Program.

The 10-week program, slated to kick off on the 5th of March, is a collaborative initiative between the community-driven blockchain system, BNB Chain, Binance Labs, and a new entry, CMC Labs. The accelerator program offers two tracks this season: the MVB Startup Track and the MVB Founder Track, with applications for the latter being currently under review on a rolling basis.

According to Binance Co-Founder and Head of Binance Labs, Yi He, the MVB program illustrates the company’s commitment to bolstering and advancing projects within BNB Chain to promote the Web3 ecosystem. Previous seasons of the program have led to Binance Labs investing in standout projects.

MVB Season 7 has seen a surge in interest with over 700 applications, of which, due to the selective process, only 1.8% were accepted into the accelerator program. The 13 teams which qualified to the MVB Season 7 are BitU, Blum, Surf, Vooi, Aggregata, Nesa, Nimble, Aspecta, Holoworld, Opinion Labs, Side Quest, Story Chain, and Tilted. These projects span sectors such as DeFi, infra, and application layers.

Together with a specialized team of experts and mentors, the participants will have the opportunity to explore areas such as legal, security, cross-chain infrastructures, GTM, tokenomics, and fundraising strategies. Participants will conclude the accelerator program by pitching their projects on Demo Day, where Binance Labs will decide which top-performing project teams to invest in.