Binance Labs Introduces New Founder Track to MVB Accelerator Program
Binance Labs, in collaboration with BNB Chain and CMC Labs, has added a new Founder Track to the Most Valuable Builder (MVB) Accelerator Program. MVB, now in its 7th season, is an accelerator program organized by Binance Labs and BNB Chain. This season, CMC Labs joins as a strategic partner.
Two Tracks: Founder Track and Startup Track
The MVB program now consists of two tracks. The newly added Founder Track is a venture studio that supports the incubation of 100 innovative ideas addressing real-world needs. Projects in this track receive support from Binance Labs to deploy their ventures on BNB Chain. The Startup Track provides tailored support for early-stage startups on their journey toward long-term growth.
Identifying Builders Who Address Real-World Needs
The Founder Track aims to identify builders interested in working on ideas that address real-world needs. It offers collaboration opportunities with mentors from Binance Labs and BNB Chain. The goal is to empower builders who aspire to succeed as founders and support them in creating transformative projects on BNB Chain and beyond.
Focusing on Various Areas
The Founder Track is open to up to 100 collaborations across the MVB seasons. This season’s focus areas include SocialFi, on-chain games, intent-centric dApps, digital identity and reputation, AI-powered dApps, yield-bearing assets, security and privacy solutions, payment rails using BNB Chain, ZK coprocessors, and content and data platforms utilizing BNB Greenfield.
Applications Open Until January 15, 2024
Founders can apply for MVB 7 until January 15, 2024. To apply, click here.
About Binance Labs
Binance Labs, the venture capital arm and accelerator of Binance, has a portfolio covering 250 projects from over 25 countries. It has a strong track record of early-stage collaborations with ventures like Celestia, Injective Labs, Polygon, and SafePal. For more information, follow Binance Labs on Twitter.
About BNB Chain
BNB Chain is a community-driven ecosystem powered by BNB. It includes BNB Beacon Chain, BNB Smart Chain (BSC), opBNB, and BNB Greenfield. BSC is the world’s largest smart contract blockchain by daily active users and has processed 3 billion transactions to date. The ecosystem has over 1,500 active dApps across various categories. Programs like MVB support the Web3 ecosystem.
About CMC Labs
CMC Labs is CoinMarketCap’s selective accelerator program for startups in the Web3 space. It provides expert services such as marketing campaigns, social amplification, bespoke content, and networking opportunities. To learn more, visit their page.
Hot Take: Binance Labs Expands MVB Accelerator Program with New Founder Track
Binance Labs has introduced the Founder Track to its MVB Accelerator Program, in collaboration with BNB Chain and CMC Labs. The new track aims to support builders working on innovative ideas that address real-world needs. It provides mentoring and support from Binance Labs and BNB Chain to help these founders succeed. The MVB program now consists of two tracks, including the existing Startup Track that supports early-stage startups. The applications for MVB 7 are open until January 15, 2024, and the focus areas for this season include various aspects of the blockchain ecosystem. With these additions, Binance Labs continues to foster growth and innovation within the crypto space.
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