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BNB Chain Opens Applications for Season 8 of MVB Program

Aug 29, 2024
  1. MVB Season 8 Details
  2. Eligibility Requirements
  3. Statements from Leaders at BNB Chain, Binance Labs, and CoinMarketCap

BNB Chain has opened applications for Season 8 of its Most Valuable Builder (MVB) program, aimed at supporting the growth of projects within the BNB Chain ecosystem.

MVB Season 8 Details

The 8th season of the BNB Chain’s MVB program, jointly run by Binance Labs and CMC Labs, will be a four-week program held quarterly. Applications for the season are open until September 18, 2024. The program offers one-on-one mentorship and access to resources from the BNB Chain ecosystem, including a Launch-as-a-Service package worth up to $300,000 and investment opportunities from Binance Labs.

Eligibility Requirements

To apply for the MVB program, projects must meet the following criteria: the majority of business and transaction volume is captured on BNB Chain; the smart contract for core business is deployed on BNB Chain; the project token is initially launched on BNB Chain. Season 7 of the program received hundreds of applications, with less than 2% being admitted. At the end of the season, Binance Labs invested in four standout projects.

Statements from Leaders at BNB Chain, Binance Labs, and CoinMarketCap

Gala Wen, Director of Ecosystem Development at BNB Chain, stated, “At BNB Chain, our mission is to onboard the next billion Web3 users. The MVB program empowers startups and developers to achieve real business success.” Alex Odagiu, Investment Director at Binance Labs, said, “Binance Labs is dedicated to supporting the next generation of Web3 innovators. The MVB program provides the necessary resources, mentorship, and opportunities for these projects to grow and succeed.” Rush, CEO of CoinMarketCap, commented, “CMC Labs is thrilled to partner with Binance Labs for MVB Season 8. The program offers a unique opportunity for promising Web3 builders to receive support from industry leaders.”

For projects interested in joining Season 8 of the MVB program, applications are open until September 18, 2024. Follow BNB Chain, Binance Labs, and CoinMarketCap on X for the latest news on the program.

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