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Binance Labs Announces 12 Finalists for MVB Program

bsc.news 18 April 2023 17:42, UTC

Accelerating Growth of BNB Chain Ecosystem

Binance Labs, the venture capital and accelerator arm of Binance, has announced the finalists of its Most Valuable Builder (MVB) Program.

The accelerator program focuses on growing the BNB Chain ecosystem, and Binance Labs will decide which projects to invest in based on their performance throughout MVB.

This season, Binance Labs received over 1,500 applications from a global pool of founders building on the BNB Chain. After a highly selective process that admitted less than 1% of the total applicant pool, the 12 MVB Season VI Accelerator teams have been chosen.

The MVB Accelerator Program is an 11-week curriculum designed to address the evolving needs of Web3 founders. The program aims to help emerging projects reach their full potential through investment and in-depth sessions with industry experts. The curriculum offers technical advice to onboard and scale on the BNB Chain and delivers a product that reaches product-market fit. Season 6 of the MVB Accelerator Program will officially kick off on the 17th of April.

Each project team will be assigned a dedicated MVB mentor for tailored advice. Binance Co-Founders will be hosting masterclasses exclusively for MVB VI’s cohort. Yi He, Binance Co-Founder and Head of Binance Labs, will lead a masterclass on Building Culture, Teams, and Marketing, while Co-Founder and CEO of Binance, CZ (Changpeng Zhao), will hold an Off the Record session to wrap up Season 6 masterclasses.

With over 1,500 applications this season, the MVB Accelerator Program welcomes a global group of founders building on the BNB Chain. 53% of applicants were based in North America and Europe, and 36% were based in APAC.

“MVB VI is dedicated to enabling developers and entrepreneurs to architect the upcoming generation of decentralized, secure, and interoperable internet. The program draws an eclectic mix of talent from domains such as DeFi, infrastructure, GameFi, SocialFi, Metaverse, NFTs, and Sustainable Tech, all contributing to the cutting-edge advancements in the web3 sphere. The BNB Chain technical community is enthusiastic about providing integration assistance to the MVB VI cohort, facilitating the development of scalable and secure dApps that will redefine the internet landscape,” said Victor Genin, Solution Architect at BNB Chain.

The 12 MVB Season VI Accelerator teams are:

DeFi:

Kinza, a lending protocol built for a reliable DeFi ecosystem that focuses on security and aims to connect demand and supply of liquidity to create the best on-chain money market.
Hinkal Protocol, an easy-to-integrate privacy SDK that helps users anonymize transactions with a privacy-preserving KYC layer suitable for enterprise and institutional use.
KiloEx, a user-friendly perp DEX focused on risk management and capital efficiency.
Cashmere Labs, a cross-chain aggregator and stableswap platform using interoperability messaging to swap any asset between any chain, with cross-chain MEV-attack prevention.
EthosX, a decentralized finance platform creating end-to-end financial derivatives on-chain.

Infra:

AltLayer, which offers application-specific multichain rollups through a system of highly scalable execution layers that derive security from an underlying L1/L2.
ZKCross, the first multichain ZK-Rollup execution layer utilizing ZK-WASM that allows both Web2 and Web 3 developers to build Web3 applications with their ZK-fusion model.

Application Layer:

HIM, an Otome game that combines SBTs, asset ownership, the immutability of Web3 and AI open domain conversation to create robust, interactive and conversational gameplay.
Sparkle.xyz, an astrology lifestyle app offering personalized Soulbound Token (SBT) characters with tradable NFTs, astrology themed PVP games and social features.
Masa Finance, which provides an SDK that mints Soulbound Tokens (SBTs) for composable and standardized on-chain identifiers to scale to the next billion web3 users. Masa SBTs will be the fundamental building blocks for an interoperable identity, data, and trust layer.
Slise, a Web3-native programmatic ad platform using wallets and on-chain data to target users for Web3 projects, while providing sustainable revenue streams for dApps.

What is BNB Chain:

Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.

Find more about BNB Chain here:

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