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Binance Announces Four New Cryptocurrency Projects It Invested in

BitcoinsistemiBitcoinsistemi2024/08/22 20:42
By:Mete Demiralp

Cryptocurrency exchange Binance announced in its statement that it invested in 4 new cryptocurrency projects.

Binance Labs, the venture capital arm of Binance, has announced investments in four projects highlighted in Season 7 of the BNB Chain Most Valuable Developer (MVB) Program.

Selected projects include Aggregata, Opinion Labs, SideKick, and Vooi.

Aggregata is a platform designed to integrate AI data, models, and computing resources. Opinion Labs is involved in developing prediction markets. SideKick offers a comprehensive suite that combines social, gaming, and other applications, while Vooi serves as a cross-chain perpetual contract DEX aggregator that supports both EVM and non-EVM chains.

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Known for its rigorous selection process, the MVB Program received over 700 applications this season. However, only less than 2% were selected.

Participants in the MVB Accelerator Program went through an intensive curriculum tailored for early-stage Web3 projects. Founders and team members received personalized mentorship from experts from BNB Chain, CMC Labs, and Binance Labs.

Additionally, participants gained access to the BNB Chain Launch-as-a-Service (LaaS) package, which provides significant support in infrastructure, security, treasury management, business growth, and marketing.

*This is not investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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