DUBAI, UAE, November 24th, 2023, Chainwire
Binance Labs and Chain CMC Labs have launched the Most Valuable Builder (MVB) Accelerator Program. MVB, which has been running since 2021, is a joint venture between Binance Labs and BNB Chain and has a focus on supporting the builder community and growing the BNB Chain ecosystem. The program consists of two tracks: the Founder Track and the Startup Track.
The Founder Track is a venture studio that incubates 100 innovative ideas to address real-world needs. Through this track, projects receive backing from Binance Labs and support in the deployment of their ventures through BNB Chain. The Startup Track provides tailored support for early-stage startups. It helps Web3 startups with their long-term growth.
Binance Labs recognizes the importance of early-stage collaborations and has a portfolio of 250 projects from 25 countries. The company has achieved a 14X return on investment. Fifty of the projects have gone through Binance Labs’ incubation program. The MVB Season 7 program is designed to support the best builders and up to 100 new projects. The focus areas include socialFi, on-chain gaming, intent-centric apps, digital identity, reputation, AI powered dApps and massive yield-bearing asset (LSD, RW, and restaking). Applications are open till January 15, 2024.
The BNB Chain ecosystem has processed over 3 billion transactions from 232 million unique addresses and is the world’s largest smart contract blockchain (BSC) with daily active users. Layer-2 Solutions, such as opBNB and BNB Greenfield, have been developed to enhance the ecosystem. With over 1500 active dApps, it offers developers ultra-low fees, higher transaction rates per second and zero crashes since launch.
About CMC Labs
CMC Labs is CoinMarketCap’s selective accelerator program for startups, providing a range of services, including marketing campaigns (Learn & Earn, Airdrops), social amplification (high-impact videos and articles), bespoke content, and networking opportunities with top-tier ecosystems and market makers, as well as VCs and mentors.
Contact
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