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Binance Launches 12 Projects For Binance Labs Incubation Program

source-logo  cryptoknowmics.com 11 November 2022 12:51, UTC

Binance Labs, the venture capital arm and accelerator of the Binance exchange, has selected 12 of the most promising projects for season 5 of its incubation program. The new season officially began on November 7.

Binance Labs Incubation Program

In addition to an 8-week program customized to founder requirements and supplemented with unique ecosystem tools, including roundtable talks with industry heavyweights and an investment-focused demonstration day, Binance Labs' biannual and chain-neutral acceleration program offers a platform that is chain-agnostic. Binance Co-Founder and Director of Labs Yi He stated that Binance Labs has always been constantly seeking scalable and recession-resistant initiatives that the exchange feels is vital to the future of the Web3 sector.

12 Projects Launched by Binance Labs

The 12 initiatives chosen for incubation are as follows:

  • HANA EVM
  • DappOS
  • Bracket Labs Group
  • PIP
  • Notebook Labs
  • Wallet Guard
  • zkPass
  • Ontropy
  • Mind Network
  • Kryptoskatt
  • Sandbags Protocol
  • The Harvest

The incubation program focuses on empowering early-stage Web3 startups and assisting them in realizing their full potential, irrespective of market circumstances.

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