CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR!
BNB Chain Supports 35 New Web3 Projects
Table of Contents
Market Musing-g

BNB Chain Supports 35 New Web3 Projects

BH NEWS
By BH NEWS
2 months ago
2 mins read
BNB Chain Supports 35 New Web3 Projects
You can also read this news on BH NEWS: BNB Chain Supports 35 New Web3 Projects
BNB Chain, in partnership with Binance Labs and CoinMarketCap Labs, has announced the selection of 35 early-stage Web3 projects for its MVB Accelerator Program’s eighth season. This four-week program aims to bolster the BNB Chain ecosystem by providing essential resources and mentorship to Web3 developers. The initiative kicks off with a Blockchain Week event in Dubai, offering a curriculum that covers important aspects such as token design, funding strategies, and team development.

What Categories Do the Selected Projects Cover?

The featured projects fall into three primary categories: DeFi, infrastructure, and application layer projects. Notable mentions in the DeFi category include Allo.xyz, Avalon, and CarbonFi, which focus on the tokenization of financial assets, carbon credits, and social trading.

How Will the Projects Present Their Ideas?

The selected teams will showcase their projects during a Demo Day scheduled for November 7, where they will present to potential investors. This online event promises to highlight the most promising initiatives in the Web3 space, allowing Binance Labs to evaluate investment opportunities based on the projects’ performances.

  • 35 projects selected for the MVB Accelerator Program.
  • Categorization includes DeFi, infrastructure, and application layers.
  • Demo Day set for November 7 to attract investors.
  • Program aims to facilitate early-stage Web3 developer growth.

This initiative represents a pivotal advancement for the BNB Chain ecosystem, aiming to enhance user engagement and expand the overall network of Web3 projects. The collaboration between these leading organizations is expected to significantly impact the future of Web3 development.

Continue Reading: BNB Chain Supports 35 New Web3 Projects
0 likes
|

Other articles published on Oct 30, 2024

Market Musing-g

Uniswap Launches Permissionless Cross-Chain Bridging on Nine Networks, Including Polygon and ZKsync

The feature reportedly streamlines cross-chain transactions, improving user experience by eliminating complex external bridges and slow transaction times.
By BSCN
2 months ago
2 mins read
Market Musing-g

GSR Markets Withdraws NEIRO Coins Valued at $4.3 Million

GSR Markets withdrew $4.3 million worth of NEIRO coins from Bybit. NEIRO's price rose by 25% due to changing market dynamics. Continue Reading:GSR Markets Withdraws NEIRO Coins Valued at $4.3 Milli...
By COINTURK NEWS
2 months ago
2 mins read
Market Musing-g

Technical Deep Dive of ZK Verification on Bitcoin: The Role of OP_CAT

The Bitcoin network, while fundamentally strong, faces a significant hurdle: the exorbitant cost of verifying proofs. This is especially problematic for protocols building Zero-Knowledge (ZK) solut...
By BTC Peers
2 months ago
4 mins read
Market Musing-g

This Alternative Token to Ripple (XRP) is Expected to Reach $30 in 2025, Currently Priced Below $0.3

Rexas Finance (RXS), a creative Ethereum-based token with great traction because of its original approach to real-world asset tokenization, is a potential rival rising to challenge Ripple (XRP). Th...
By CoinPedia News
2 months ago
5 mins read
Market Musing-g

Dogecoin and XRP Holders Flock to XYZVerse as Analyst Predicts It Will Lead the Next Bull Run

Crypto investors are abuzz over a new contender poised to spearhead the next market surge. Enthusiasts of established tokens like Dogecoin and XRP are turning their attention to XYZVerse, a groundb...
By ETHNews
2 months ago
5 mins read
Market Musing-g

Sony shuts down Concord’s developer Firewalk Studios

Sony is closing down the Firewalk Studios. The studio is responsible for the Concord game which is considered the biggest flop of the year. The announcement came out on Sony’s website in a message ...
By Cryptopolitan_News
2 months ago
3 mins read

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!