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    Home » Binance Labs Invests in Four Standout Projects from BNB Chain’s MVB Season 7
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    Binance Labs Invests in Four Standout Projects from BNB Chain’s MVB Season 7

    Andrei IonescuBy Andrei IonescuThursday, 22 August 2024, 18:00No Comments2 Mins Read

    Binance Labs has announced investments in four exceptional projects from BNB Chain’s MVB (Most Valuable Builder) Season 7, marking a significant milestone for the innovative teams within the Web3 ecosystem. The MVB Program, renowned for its competitive nature, attracted over 700 applications, with less than 2% of projects making it through the selection process.

    The MVB initiative, a collaborative effort between BNB Chain, Binance Labs, and CMC Labs, is designed to accelerate the growth of Web3 innovators by providing vital resources and support. Out of 13 standout teams chosen for Season 7, four secured investments from Binance Labs, underscoring their potential to make a significant impact in the space.

    Highlights of the MVB Accelerator Program

    Participants of the MVB Accelerator Program benefited from a tailored curriculum focused on early-stage Web3 projects. In addition to personalized mentorship from experts at BNB Chain, CMC Labs, and Binance Labs, the teams engaged with successful founders through fireside chats and received critical insights on scaling their projects. They also gained access to the BNB Chain Launch-as-a-Service (LaaS) package, which offers up to $300,000 in support, covering infrastructure, security, treasury management, business growth, and marketing.

    Binance Labs’ Investments in Four Top Projects

    Following a rigorous evaluation process, Binance Labs selected four high-performing projects from Season 7 for investment. These projects showcase the innovation and promise needed to drive the Web3 space forward. The selected projects, listed alphabetically, include:

    Aggregata: A platform that unifies AI data, models, and computing into a seamless one-stop solution.
    Opinion Labs: A project building dynamic opinion and continuous prediction markets.
    SideKick: A consolidation hub for social interactions, gaming, and beyond.
    Vooi: A cross-chain perpetual DEX aggregator supporting both EVM and non-EVM chains.
    These investments reinforce Binance Labs’ commitment to nurturing promising projects that contribute meaningfully to the Web3 ecosystem. As these teams move forward, they are poised to play a crucial role in shaping the future of decentralized technology.

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    Andrei Ionescu

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