Wang Rongzi October 31, 2024 07:24
BNB Chain will announce 35 Web3 projects at Most Valuable Builder Season 8, providing resources and guidance to early-stage blockchain innovators.
BNB Chain, a community-driven blockchain ecosystem, announced the selection of 35 early-stage projects for the eighth season of its Most Valuable Builder (MVB) accelerator program. According to BNB Chain, this initiative is done in collaboration with Binance Labs and CMC Labs and aims to support Web3 builders by providing them with the resources and guidance they need to succeed in the blockchain space.
kick off in dubai
The new season began on October 28th with a two-day event in Dubai, coinciding with Binance Blockchain Week. This offline gathering provided participants with an opportunity to network with industry experts, mentors, and colleagues. Throughout the four-week program, project founders and core team members engage in a comprehensive curriculum that addresses key areas such as tokenomics, fundraising strategy, and team building. The season will culminate with Demo Day on November 7th, where project progress and innovations will be announced.
Projects and fields
The MVB Season 8 cohort spans a variety of sectors, including DeFi, infrastructure, and application layers. Some notable projects include:
Allo.xyz – Facilitates the tokenization and trading of real-world assets on the BNB chain. Avalon – Focuses on BTCFi as a hub for Bitcoin finance. CarbonFi – Provides tokenized carbon credits for institutional emissions compliance. Alias - An AI-powered ecosystem that provides personalized services while ensuring data privacy.
These projects reflect the diversity and innovative spirit of the blockchain field, and each aims to address unique challenges and opportunities in the Web3 environment.
investment opportunity
After the accelerator program, Binance Labs will evaluate projects based on their performance and presentation during the demo day. This evaluation can guide investment decisions and potentially provide financial support to the best performing initiatives. Last season, Binance Labs invested in five outstanding projects. This demonstrates the competitive nature of the program and its commitment to fostering early-stage innovation.
strategic partnership
The collaboration between BNB Chain, Binance Labs, and CMC Labs highlights their strategic efforts to strengthen the development of the Web3 ecosystem. By combining their resources and expertise, these companies aim to bring the next billion users into the decentralized internet space. The program also offers mentorship and industry connections, as reflected in comments from key figures such as Gala Wen, Director of Ecosystem Development at BNB Chain, and Alex odagiu, Senior Investment Director at Binance Labs. emphasizes the importance of
As the accelerator progresses, selected projects will continue to further hone their innovations and contribute to the broader goal of expanding blockchain adoption and integration across industries.
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