• BNB Chain and Binance Labs collaborate to launch the BNB Incubation Alliance.
• The initiative aims to support and expedite early-stage blockchain projects globally.

According to the latest update on June 13, 2024, from Binance, BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA). In line with CNF’s recent update, BNB Chain and Binance Labs have collaborated with top venture capitalists to launch this initiative.

Support for Early-Stage Projects

The BNB Incubation Alliance aims to host global events to nurture early-stage blockchain projects. Selected projects will benefit from direct access to strategic partnerships, resources, and funding opportunities. This collaborative effort is intended to provide unparalleled support and foster innovation within the blockchain space.

A key highlight of the program is the opportunity for winning projects to be fast-tracked into the prestigious Most Valuable Builder (MVB) program. Projects will receive BNB Chain grants, access to the Launch-as-a-Service (LaaS) package, and potential investment opportunities from Binance Labs. This initiative ensures robust growth and innovation within the BNB Chain ecosystem.

Collaborative Events and Judging

The BNB Incubation Alliance will collaborate with partners to host global events, featuring judges from BNB Chain, Binance Labs, top VCs, and incubators. The selection criteria focus on early-stage projects, with awards ranging from direct MVB admission to priority considerations and grant opportunities.

The initial series of events will take place as follows:

• EthCC 2024: July in Brussels, Belgium
• Bitcoin 2024: Nashville, USA (to be confirmed)
• Token 2049: Singapore (to be confirmed)
• Binance Blockchain Week: Dubai, UAE (to be confirmed)
• DevCon and EthGlobal: Bangkok, Thailand (to be confirmed)

Why Join the BNB Incubation Alliance?

Joining the BNB Incubation Alliance provides projects with unparalleled support from Binance Labs and BNB Chain. Benefits include strategic partnerships, collaboration with industry leaders, advisory support, extensive resources, and the LaaS program. The MVB program, in particular, offers a competitive edge, having supported numerous Web3 projects over its seven seasons.

By participating in the BNB Incubation Alliance, blockchain innovators gain the tools and opportunities needed to fast-track their Web3 journey, contributing to the future of blockchain technology.

At the time of writing, BNB is priced at $607.67, with a decrease of 0.14% in the past day and 13.39% in the past week.