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.