The BNB Chain ecosystem and Binance Labs launched the BNB Incubation Alliance to support early-stage Web3 projects.
The selection of promising projects for incubation will be carried out through a series of global events, which will be held jointly with leading venture capital funds and developer communities.
Applications will be reviewed within the framework of the following events:
* EthCC 2024 in Belgium (July);
* Bitcoin 2024 in the USA (July);
* Token 2049 in Singapore (September);
* Binance Blockchain Week in the UAE (October);
* DevCon and ETHGlobal in Thailand (November).
Winners will receive direct access to the BNB Chain MVB program and Launch-as-a-Service package. As part of the package, startups will be able to establish connections with partners, carry out mutual integration, receive a security audit and other services worth up to $300,000.
In Season 7 of MVB, 13 early Web3 projects participated in a 10-week accelerator that included expert-led workshops and mentoring support. In the final, Binance Labs made investment decisions based on project performance indicators.
Recall that in April, BNB Chain announced the launch of native staking in BNB Smart Chain.
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