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Binance Labs Invests in Four Projects from BNB Chain MVB Season 7

Sep 3, 2024
  1. Investment Announcement
  2. Projects Receiving Investment
  3. Benefits of the MVB Accelerator Program

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

Investment Announcement

Known for its 'rigorous' selection process, the initiative 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.

Projects Receiving Investment

Here are the four projects that received investments: - **Aggregata**: A platform aimed at unifying AI data, models, and computing. The team is working to redefine AI data by encompassing datasets, models, vector databases, and more. - **Opinion Labs**: A platform designed to create dynamic opinion and continuous prediction markets, supporting a multichain future with seamless interoperability. - **SideKick**: A hub for consolidating social platforms, games, and beyond, providing blockchain-enabled monetization tools and AI-powered content creation. - **Vooi**: A cross-chain perpetual DEX aggregator supporting both EVM and non-EVM chains, enhancing DeFi trading with simplified access and improved security.

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

"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 MVB Season 7 program has marked a significant step in supporting promising projects within the BNB Chain ecosystem, providing them with necessary resources and mentorship for successful growth.

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