Binance Labs, the venture capital and incubation arm of Binance, has announced the launch of Season 4 of its global incubation program on May 5. Through this program, Binance Labs supports promising projects in the blockchain space. From over 500 project applications, Binance Labs selected 14 projects that showed the most potential and best fit for the program.
Over the past 3 seasons of the incubation program, Binance has incubated numerous market-leading crypto platforms and protocols such as Polygon, Perpetual Protocol, Injective Protocol, SafePal, Cere Network, and Dune Analytics. If you want to sign up for Binance you can get the Binance referral code.
Reflecting the growing and diversifying trend of the industry, Binance Labs will incubate a wider selection of projects.
Ken Li, Investment Director at Binance Labs, said: “The fourth quarter of our incubation program has attracted very exciting founders who are building a variety of use cases. We are excited to continue working with top teams in the early stages to support a wider range of blockchain industry.”
A total of 14 incubation projects were selected for the fourth quarter of the Binance Labs Incubation Program:
infrastructure
FilSwan, a Layer 2 cross-chain solution provider for the Web3 project, integrates data, computation, and payments into one suite.
Grindery, a middleware Web3 automation tool for individuals and organizations to connect dApps and protocols to exchange data, payments and services, starting with DAO payments and payroll.
NuLink, a decentralized network that enables privacy-preserving application developers to achieve security and privacy.
Starton, an API platform that facilitates connection of applications to the blockchain, allows developers to develop Web3 functionality in their products faster and more securely.
definition
CODA Ventures, the yield generation protocol on the BNB chain, provides users with passive access to best-in-class sustainable yield generation strategies.
OpenLeverage is a permissionless lending and margin trading protocol deployed on the Ethereum and BNB chains, enabling traders to long/short any trading pair on the DEX.
Games/Metaverse
AlterVerse, the native project of BNB chain, builds advanced metaverse.
ChapterX, an immersive 3D platform that enables users to build fully customizable worlds and avatars.
CoralApp, a blockchain-based fitness and health social platform.
Gamic Guild, a game guild in Africa that makes money from games, provides users with a diverse catalog of NFT games.
SocialFi / Creator Economy
Qwestive, a Web3 CRM (Community Relationship Management) platform, helps token communities retain and grow their user base through token holder insights and Web3 native community management tools.
Reveel, a platform for web3 creators to track their portfolios, automate revenue sharing, and report on-chain revenue.
Crypto Fintech
Playbux, a blockchain-based exchange that combines real-life cashback points and consumer experience with Metaverse events.
Ambrosia, a DeFi savings account, allows any user to invest their fiat savings in stablecoins and earn yields in an easy way.
Jasmine Kong, Investor at Binance Labs, said: "We believe the incubation program is a huge growth opportunity for both startups and Binance Labs. The team is constantly learning to develop early-stage projects and upgrading the program to provide more tailored solutions for future projects. Program."
Over the next few months, Binance Labs will open applications for its Season 5 incubation program, which will launch in Q4 2022. As one of the benefits of being part of the Binance Incubator ecosystem, all portfolio company founders, mentors, or Binance alumni can directly recommend projects for quick access to final interviews for incubation options. Interested applicants can apply for the next quarter.