BNB Chain Reveals Winners from BNB Incubation Alliance Round 2 at Bitcoin 2024 Event
The winners of the BNB Incubation Alliance (BIA) second round were announced by BNB Chain during the Bitcoin 2024 event in Nashville. The initiative aims to support and accelerate blockchain projects, in line with BNB Chain’s mission to onboard the next billion Web3 users.
The Winning Projects
A panel of judges from prominent organizations, including Binance Labs, Stanford Blockchain Accelerator, and Alchemy Ventures, selected the following projects as winners:
- Avalon Finance: A liquidity hub for BTC LSDFi and CeDeFi lending
- Bedrock: A multi-assets restaking protocol
These projects will be fast-tracked into BNB Chain’s exclusive Most Valuable Builder (MVB) program and will receive the Launch-as-a-Service (LaaS) package with free services valued at up to US$300,000.
Extensive Support for Blockchain Projects
The BIA initiative offers vital resources for project growth within the ecosystem. It is part of BNB Chain’s robust builder support program, which includes:
- For Early-Stage Projects: Hackathons, BIA, and MVB to nurture ideas, with potential grants and investments from BNB Chain and Binance Labs
- For Established Projects: Incentives for key performance metrics like daily active users (DAU) and trading volumes to ensure sustainable growth
- Additional Support: Business development, tech support, and marketing assistance
Empowering Startups and Developers
BNB Chain’s vision extends beyond support to help startups and developers achieve business success and mainstream adoption. Initiatives like BIA empower innovators to contribute meaningfully to the Web3 ecosystem.
Stay updated for more opportunities and updates from BNB Chain as it continues to drive blockchain innovation.
Hot Take: Seize Your Opportunity in the Blockchain Space
As a crypto enthusiast, staying informed about projects like the BNB Incubation Alliance can provide insights into the evolving blockchain landscape. Keep an eye out for similar initiatives that can help you navigate the dynamic world of cryptocurrencies and blockchain technology.
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