August 22, 2024
BNB Chain has revealed that four standout projects from the seventh season of the Most Valuable Builder (MVB) program have secured investments from Binance Labs, the venture capital and incubation division of Binance.
This accelerator program, a joint effort between BNB Chain, Binance Labs, and CMC Labs, is designed to promote growth within the BNB Chain ecosystem. These investments highlight Binance Labs’ dedication to nurturing and supporting promising projects that create valuable use cases and align with BNB Chain’s goal of bringing the next billion users to Web3.
The four MVB projects selected for investment:
VOOI lets users trade on multiple DEXs through one interface.
SideKick combines social interactions, games, and more in one place.
Aggregata integrates AI data, models, and computing in a decentralized system.
Opinion Labs provides tools for opinion and prediction markets.
Founders in the program received personalized mentorship from experts at BNB Chain, CMC Labs, and the Binance Labs Investment team, as well as engaging in fireside chats with Binance Labs portfolio founders and Binance Co-Founder and Head of Binance Labs, Yi He. Additionally, MVB participants gained access to the BNB Chain Launch-as-a-Service (LaaS) package, which offers support in infrastructure, security, treasury management, business growth, and marketing. This package, in collaboration with BNB Chain ecosystem partners, provides benefits worth up to $300,000 to accelerate project success.
This season, the program received over 700 applications, but only less than 2% were accepted, resulting in 13 teams being welcomed into the MVB Season 7 Accelerator.
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