Binance is about to launch a new developer platform: Binance X.
This initiative aims to promote innovation within the exchange’s ecosystem, which includes the Binance Chain, the Binance.com API, the Trust Wallet SDK and the Binance Charity donation platform.
Binance X will facilitate developers’ learning and collaboration on the Binance platform. It will also provide them with various Binance programs designed to help projects grow in their different stages, such as Binance X Fellowship, Binance Labs Incubation, Binance Launchpad, as well as its strategic investment division, M&A and other partnership programs.
The new service will be organised in three sections:
The Learn section will provide official or third-party resources to help train developers. Collaborate will provide tools and channels, allowing developers to interact with each other, or with Binance teams, both online and in real life. Whereas Grow will bring together the different programs designed to help projects grow in their different stages of development.
One of these is Binance X Fellowship, a program designed to support talented developers in creating free and open-source software aimed at bringing to life new innovations and companies in the crypto sector.
To date, more than 40 projects have joined this program, including Austin Griffith of Burner Wallet, Patrick McCorry of PISA, Jeremy Rubin of Bitcoin OP_SECURETHEBAG, Hammad Tariq of GoBNB, JP Thorbjornsen of BEPTools, Nikita Kozlov and Alexandr Safonov of BrowserBNB and BNBTextWallet.
Binance X’s manager, Teck Chia, said:
“As Binance has evolved into a platform with multiple products and services, we believe it is the right time to systematically foster a developer ecosystem to build innovative products and services on our platform. The Binance X team will help educate, create opportunities for collaborations and jumpstart growth of these projects via the different programs and resources we have at Binance”.