Richard

2024

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>BNB Chain and Binance Labs announce the launch of BNB Incubation Alliance (BIA).</li> 
 <li>The main target is to foster blockchain and Web3 innovation.</li> 
</ul> 
<p>According to a <a href="https://www.bnbchain.org/en/blog/bnb-chain-and-binance-labs-launch-bnb-incubation-alliance-bia" rel="nofollow noopener" target="_blank">new announcement</a>, BNB Chain and<a href="https://crypto.ro/en/news/binance-labs-invests-in-zircuit-l2-network-with-maximum-ai-enabled-user-security/"> Binance Labs</a> reveal the launch of BNB Incubation Alliance (BIA).</p> 
<p>The incubator aims to support and expedite the growth of early-stage blockchain projects via a series of global events. This is a collective endeavor alongside important venture capitalists, incubators, and strong developer communities.</p> 
<p>The collaboration’s target is to fast-track the Web3 journey.</p> 
<p><a href="https://www.bnbchain.org/en/blog/bnb-chain-and-binance-labs-launch-bnb-incubation-alliance-bia" rel="nofollow noopener" target="_blank"><img loading="lazy" decoding="async" class="alignnone" src="https://bnbchain.ghost.io/content/images/2024/06/Banner---Open-now_v2--10-.png" alt="Banner Open now v2 10" width="1600" height="900" title="BNB Chain And Binance Labs Launch BNB Incubation Alliance (BIA) Supporting Web3 Innovation 20"></a></p> 
<h2 id="most-valuable-builder-mvb-program">Most Valuable Builder (MVB) Program</h2> 
<p>According to the official notes, a significant highlight is the opportunity to win projects to be fast-tracked into the prestigious Most Valuable Builder (MVB) program, receive BNB Chain grants, access Launch-as-a-Service package, and Binance Labs investment opportunities.</p> 
<p>The initiative offers access to important resources and strategic partnerships that are important for growth and innovation in the BNB Chain ecosystem.</p> 
<h2 id="bnb-incubation-alliance-how-it-works">BNB Incubation Alliance: how it works</h2> 
<p>BNB Incubation Alliance will collaborate with partners to host offline events globally which will focus on early-stage projects selected by the co-hosts including BNB Chain, Binance Labs, important VCs, and incubators.</p> 
<p>The Selection criteria will involve projects that are in the incubation stage, with specific metrics to define early stages (pre-product launch, or shortly after launch, capped by team size or historical fundraising valuation).</p> 
<p>The participating projects will be selected by the BNB Incubation Alliance and they must be as early-stage as possible.</p> 
<p>A panel of judges from the co-hosts and co-organizers will score the projects to select winners:</p> 
<ul> 
 <li>1st Award: direct admission to MVB, LaaS package, and potential Binance Labs investment opportunities and BNB Chain grants.</li> 
 <li>2nd Award: priority consideration for MVB admission, BNB Chain grants, and Laas Package.</li> 
 <li>3rd Award: priority consideration for MVB admission and LaaS package.</li> 
</ul> 
<p>The first event from the series is EthCC 2024 in July in Brussels, Belgium with more events in the USA, Singapore, UAE, and Thailand with upcoming dates to be confirmed.</p> 
<h2 id="proposed-agenda">Proposed agenda</h2> 
<p>The agenda for the BNB Incubation Alliance events will include speeches, keynote addresses, and panel discussions with important figures from BNB Chain, Binance Labs, and more industry leaders.</p> 
<p>There will also be Q&amp;A sessions, along with presentation and demo days where the nominated projects will showcase the ideas and solutions, together with networking opportunities.</p> 
<h2 id="top-reasons-to-join-the-bnb-incubation-alliance">Top reasons to join the BNB Incubation Alliance</h2> 
<p>By joining the BNB Incubation Alliance, the participants can enjoy the following benefits:</p> 
<ul> 
 <li>getting the opportunity to receive potential investment from Binance Labs and BNB grants</li> 
 <li>the possibility of being fast-tracked into the BNB Chain MVB program</li> 
</ul> 
<p>The <strong>MVB program</strong> delivers various benefits for Web3 builders:</p> 
<ul> 
 <li>access to strategic partnerships</li> 
 <li>collaboration with industry leaders</li> 
 <li>advisory support and resources</li> 
 <li>Launch-as-a-Service free support program by BNB Chain</li> 
</ul> 
<p>The BNB Incubation Alliance aims to advance early-stage blockchain innovation, paving the way to the future of Web3.</p> 
<p>Recently, Binance’s CEO, Richard Teng, addressed the exchange’s latest achievement of reaching 200 million users and how this success mirrors the meteoric <a href="https://crypto.ro/en/news/binances-ceo-explains-crypto-adoption-and-web3s-meteoric-rise-post-200m-users-achievement/">rise of Web3</a> and mainstream adoption of crypto and blockchain tech.</p>

BNB Chain And Binance Labs Launch BNB Incubation Alliance (BIA) Supporting Web3 Innovation

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