Binance Labs launches Season 4 of its Incubation Program, the program supporting startups and promising projects in the blockchain world.
Binance Labs Incubation Program Season 4
Season 4 of Binance’s incubation program for the most promising projects on the web3 is now open. On the official Binance website, it is possible to apply for support from the world’s largest crypto exchange.
This session is dedicated to:
- Infrastructure: Middleware, layer 1 & 2, bridge/cross-chain
- Blockchain analytic tools
- Security and privacy
- Compliance and Reg Tech
Participating will allow projects to have many advantages that are not only focused on financial support.
In fact, Binance Labs allows initial funds to launch the startup but not only. The incubator programme also provides for the connection between viable projects and other players in the Binance ecosystem, or even external partners. In addition, technical, legal and marketing support is provided.
In addition, selected projects become part of an eight-week programme, at the end of which founders can have the opportunity to present their creation to potential investors.
To participate, there is time until 28 February 2022 at 11:59 PM UTC.
The success of Season 3
Season 4 of the Binance Labs Incubation Program follows Season 3, which saw over 400 projects submitted last November.
Of these, 9 were selected to take part in the 8-week program that ended with a Demo Day where the projects were presented in front of 200 potential investors.
The purpose of Binance Labs
With its incubation programmes, Binance Labs helps new realities to launch themselves in the blockchain world in order to grow the entire ecosystem.
The official website reads:
“Binance Labs is committed to supporting fast-executing, technical teams who positively impact the crypto space and build the decentralised web”.
Started three years ago, Binance Labs has supported more than 100 projects in 25 different countries.
In addition to its incubator programme, Binance Labs also makes strategic investments in projects it considers most promising, as was recently the case with WOO Network.
The latest investment is in the Star Sharks metaverse, which shows how Binance is ready to enter the latest trend of the crypto and blockchain world, the metaverse.