News and Analytics

0

Binance Labs Invests in Four Projects from MVB Program Season 7

Aug 26, 2024
  1. Four Projects Securing Binance Labs Investments
  2. Benefits of the MVB Accelerator Program
  3. Conclusions

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

Four Projects Securing Binance Labs Investments

The MVB Program, known for its ‘rigorous’ selection process, attracted over 700 applications, with less than 2% making the cut. The 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. Here are the four projects securing investments: * **Aggregata** Aggregata aims to unify AI data, models, and computing into a seamless platform. The team is working to redefine AI data by encompassing datasets, models, vector databases, pipelines, running environments, and intermediate weights. * **Opinion Labs** Opinion Labs seeks 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*](https://www.bnbchain.org/en/blog/meet-the-most-valuable-builder-mvb-season-7-cohort) *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.

Conclusions

MVB Program Season 7 underscores the importance of supporting innovative Web3 projects. Binance Labs' investments in the four selected projects highlight a commitment to growing the BNB Chain ecosystem by providing startups with the necessary resources and expertise for successful development and expansion.

Innovations like those from Aggregata, Opinion Labs, SideKick, and Vooi emphasize the vibrant potential within the Web3 space. Binance Labs continues to foster a supportive environment, encouraging breakthrough developments in the blockchain sphere.

Comments

Latest analytics

The Impact of FOMO...

The Impact of FOMO on Investment Decisions in Cryptocurrencies

Lunex Network:...

Lunex Network: Technology and Opportunities Overview

Show more

Latest Dapp Articles

Show more

You may also like