Binance Labs Invests in Four BNB Chain Projects


Binance Labs Invests in Four BNB Chain Projects

  bsc.news  + 1 more 22 August 2024 13:47, UTC

Binance Labs has announced investments in four standout projects from Season 7 of the BNB Chain’s Most Valuable Builder (MVB) Program.

This initiative, known for its ‘rigorous’ selection process, attracted over 700 applications, with less than 2% making the cut. The MVB Program is a collaborative effort between BNB Chain, Binance Labs, and CMC Labs, designed to support and accelerate Web3 innovation within the BNB Chain ecosystem.

Four Projects Securing Binance Labs Investments

Here are the four projects:

  • Aggregata

    Aggregata aims to unify AI data, models, and computing into a seamless, one-stop platform. The team is working to redefine AI data by encompassing datasets, models, vector databases, pipelines, running environments, intermediate weights, and more.

  • Opinion Labs

    Opinion Labs wants to revolutionize digital ecosystems by creating dynamic opinion and continuous prediction markets. Their platform supports a multichain future with seamless interoperability across native and connected chain applications.

  • SideKick

    SideKick serves as a consolidation hub for social platforms, games, and beyond. It addresses pain points for Affiliate Partners by providing blockchain-enabled monetization tools, AI-powered content creation, and community management resources.

  • Vooi

    Vooi is a cross-chain perpetual DEX aggregator supporting both EVM and non-EVM chains. It enhances DeFi trading with simplified access, improved interoperability, and a focus on security and user control.

Benefits of the MVB Accelerator Program

Participants in the MVB Accelerator Program received a comprehensive curriculum tailored to early-stage Web3 projects. They benefited from personalized mentorship from experts at BNB Chain, CMC Labs, and Binance Labs, as well as insights from successful founders.

“CMC Labs is thrilled to partner with Binance Labs and BNB Chain as a strategic partner for Season 7 of the MVB Accelerator Program,” said Rush, CEO of CoinMarketCap. “MVB 7 provides a unique opportunity for promising Web3 builders to gain access to the expertise, resources and investment of industry leaders. We look forward to supporting the projects selected.”

The program also provided access to the BNB Chain Launch-as-a-Service (LaaS) package, offering infrastructure, security, treasury management, business growth, and marketing support, valued at up to $300,000.

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