Alchemy

Avalon

Bedrock

Dubai, UAE, July 31st, 2024, Chainwire
 
<a href="https://www.bnbchain.world/" rel="nofollow noopener" target="_blank">BNB Chain</a>, the community-driven blockchain ecosystem that includes the <a href="https://twitter.com/nansen_ai/status/1667129159435337728" rel="nofollow noopener" target="_blank">world’s largest smart contract blockchain</a>, has announced the winners from the second round of <a href="https://www.bnbchain.org/en/bnb-incubation-alliance" rel="nofollow noopener" target="_blank">BNB Incubation Alliance (BIA)</a> held during Bitcoin 2024 in Nashville. With multiple benefits for winners including access to free services worth up to US$300,000, BIA is part of BNB Chain’s ongoing efforts to support and accelerate the growth of blockchain projects on BNB Chain, aligning with its mission to onboard the next billion Web3 users.
The BIA Nashville event showcased innovative projects from some of the brightest minds in the blockchain industry. The event was highly engaging, drawing a crowd of around 200 attendees eager to explore the latest advancements in the field. They had the chance to watch the presentations from 14 projects and gain insights during the 2 panel sessions. Joined by 12 judges, representing leading organizations such as Binance Labs, Stanford Blockchain Accelerator, Franklin Templeton, Framework, Polychain, Alchemy Ventures, ArkStream Capital, Chainlink, CMS Holdings, Cointelegraph Accelerator, Draper Associates, and Outlier Ventures, the following winners were selected, listed in alphabetical order:
<ul>
 <li><a href="https://x.com/avalonfinance_?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow noopener" target="_blank">Avalon Finance</a> - A liquidity hub for BTC LSDFi and CeDeFi lending</li>
 <li><a href="https://x.com/bedrock_defi" rel="nofollow noopener" target="_blank">Bedrock</a> - A multi-assets restaking protocol&nbsp;</li>
</ul>
These winning projects will be fast-tracked into BNB Chain’s highly selective <a href="https://www.bnbchain.org/en/bsc-mvb-program" rel="nofollow noopener" target="_blank">Most Valuable Builder (MVB) program</a> and gain access to the <a href="https://www.bnbchain.org/en/blog/accelerate-project-growth-with-bnb-chain-laas-program" rel="nofollow noopener" target="_blank">Launch-as-a-Service (LaaS) package</a>. BIA provides unparalleled resources essential for project growth within the ecosystem and adds to BNB Chain’s extensive builder support program which includes:
<ul>
 <li>For projects in the ideation phase: Hackathons, BNB Incubation Alliance <a href="https://www.bnbchain.org/en/bnb-incubation-alliance" rel="nofollow noopener" target="_blank">(BIA)</a>, and Most Valuable Builder <a href="https://www.bnbchain.org/en/bsc-mvb-program" rel="nofollow noopener" target="_blank">(MVB)</a> to nurture early-stage ideas and allow winners to receive potential grants from BNB Chain and investment from Binance Labs.</li>
 <li>For projects in the post-deployment phase: Providing incentives and grants for daily active users (DAU), total value locked (TVL), trading volumes, and other key performance metrics to ensure sustainable growth and success.&nbsp;</li>
 <li>Additional Support: Kickstart, business development, 24/6 tech support, marketing support.</li>
</ul>
BNB Chain’s vision goes beyond support—it aims to help startups and developers achieve real business success and ultimately cross the chasm into mainstream adoption. Through initiatives like the BNB Incubation Alliance, BNB Chain empowers startups and developers to make meaningful contributions to the Web3 ecosystem.
For more information, users can visit <a href="https://www.bnbchain.org/en/blog/announcing-the-winners-of-bnb-incubation-alliance-round-2-at-bitcoin-2024" rel="nofollow noopener" target="_blank">here</a>.&nbsp;
About BNB Chain
<a href="https://www.bnbchain.org/en" rel="nofollow noopener" target="_blank">BNB Chain</a> is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:
<ul>
 <li><a href="https://www.bnbchain.org/en/bnb-smart-chain" rel="nofollow noopener" target="_blank">BNB Smart Chain (BSC)</a>: A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.&nbsp;</li>
 <li><a href="https://opbnb.bnbchain.org/en" rel="nofollow noopener" target="_blank">opBNB</a>: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.</li>
 <li><a href="https://greenfield.bnbchain.org/en" rel="nofollow noopener" target="_blank">BNB Greenfield</a>: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.</li>
</ul>
Setting a high bar for security, the <a href="https://www.avengerdao.org/" rel="nofollow noopener" target="_blank">AvengerDAO</a> community protects BNB Chain users while <a href="https://dappbay.bnbchain.org/red-alarm/dapp" rel="nofollow noopener" target="_blank">Red Alarm</a> provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its <a href="https://www.bnbchain.org/en/developers/developer-programs" rel="nofollow noopener" target="_blank">Builder Support Program</a>.
For more, users can follow BNB Chain on <a href="https://twitter.com/BNBCHAIN" rel="nofollow noopener" target="_blank">X</a> or start exploring via BNB's <a href="https://dappbay.bnbchain.org/" rel="nofollow noopener" target="_blank">Dapp library</a>.
 
<h5>Contact</h5>BNB Chain press@bnbchain.org 
 
 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Winners From BNB Incubation Alliance (BIA) in Nashville Announced (31 Jul)

Chainwire

Other articles published on Jul 31, 2024

Polkadot is facing drop in activity, stepping its place to new promising altcoins

Innovative Features And Future Vision Of AAS Ecosystem

How a Broker Can Obtain a CySec Licence

🚀 GoMarket Weekly #19 🚀

Sky Mavis co-founder breaks down Ronin’s surge in active users

Binance Announces Listing Of These Trending Crypto Ahead Market Recovery

Join our free newsletter for daily crypto updates!