November 24, 2023 \u2013 Dubai, United Arab Emirates<\/em><\/p>\n MVB, now in its seventh season, is an accelerator program jointly organized by Binance Labs and BNB Chain.<\/p>\n The program was launched in 2021, with a focus on supporting builders and growing the BNB Chain ecosystem.<\/p>\n This season, the organizers are welcoming CMC Labs <\/a>to the MVB program as a strategic partner.<\/p>\n The MVB program now consists of two tracks. The newly added founder track functions as a venture studio dedicated to incubating 100 innovative ideas that address real-world needs.<\/p>\n This track sees projects receive backing from Binance Labs and support in deploying their ventures on BNB Chain.<\/p>\n Since the program\u2019s inception, the \u2018startup track\u2019 has been integral in providing tailored support to early-stage startups.<\/p>\n It provides a customized curriculum to assist Web 3.0 startups on their journey toward long-term growth. Both the founder track and startup track run concurrently.<\/p>\n The venture capital and incubation arm of Binance, Binance Labs recognizes that some of its most impactful ventures have resulted from in-depth, early-stage collaborations with entrepreneurial founders and builder teams.<\/p>\n Early-stage incubations and investments have included Celestia<\/a>, Injective Labs<\/a>, Polygon<\/a>\u00a0and SafePal<\/a>.<\/p>\n The founder track seeks to identify builders who are interested in working on ideas that address real-world needs together with mentors from Binance Labs and BNB Chain.<\/p>\n Establishing synergy between Binance Labs and BNB Chain, the founder track aims to replicate this kind of impact and unlock the full potential of BNB Chain.<\/p>\n The track invites founders to propose business ideas or collaborate on existing initiatives with the Binance Labs investment team and BNB Chain contributors.<\/p>\n The goal is to empower builders who aspire to succeed as founders and support them in creating something transformative on BNB Chain and beyond.<\/p>\n The founder track aims to support the strongest builders and is open to taking on up to 100 innovative collaborations throughout its duration across the MVB seasons.<\/p>\n This season, the areas of focus include SocialFi, on-chain games, intent-centric DApps, digital identity and reputation, AI-powered DApps, massive yield-bearing assets \u2013 <\/span>LSD, restaking and RWAs \u2013 s<\/span>ecurity and privacy solutions, payment rails using BNB Chain, ZK coprocessors and content and data platforms that utilize BNB Greenfield<\/a>.<\/p>\n MVB Seven applications are open until January 15, 2024. Founders can apply here<\/a>.<\/p>\n As the venture capital arm and accelerator of Binance, Binance Labs<\/a> has now grown to be worth over $9 billion.<\/p>\n Its portfolio covers 250 projects from over 25 countries across six continents and has a return on investment rate of over 14x.<\/p>\n Fifty of Binance Labs\u2019 portfolio companies are projects that have gone through our incubation programs.<\/p>\n For more information, follow Binance Labs on Twitter<\/a>.<\/p>\n BNB Chain<\/a> is a community-driven ecosystem with multiple decentralized blockchains, powered by BNB.<\/p>\n It consists of BNB Beacon Chain<\/a>, its staking and governance layer, BSC<\/a> (<\/span>BNB Smart Chain), which is EVM compatible and facilitates a multi-chain ecosystem with its layer two solutions including opBNB<\/a> and BNB Greenfield<\/a>, its decentralized data storage network.<\/p>\n The BNB Chain ecosystem has the world\u2019s largest smart contract blockchain \u2013 <\/span>BSC \u2013 <\/span>by daily active users<\/a> and has processed three billion transactions to date from 232 million unique addresses<\/a>.<\/p>\n This makes it the largest layer one blockchain globally and brings developers massive user access with ultra-low gas fees and higher transactions per second and has experienced zero crashes since its inception.<\/p>\n The ecosystem has more than 1,500 estimated active DApps at any given time across multiple categories such as DeFi, metaverse, blockchain gaming, SocialFi, NFT, infrastructure and more.<\/p>\n There are numerous programs available to support the Web 3.0 ecosystem including the Gas Grant<\/a>, Builder Grant<\/a>, Kickstart<\/a>, MVB<\/a> and AvengerDAO<\/a>.<\/p>\n CMC Labs is CoinMarketCap\u2019s selective accelerator program for startups, supporting Web 3.0 entrepreneurs with a range of expert services including marketing campaigns like learn-and-earn and airdrops, social amplification, bespoke content like high-impact videos and articles and networking opportunities with top-tier ecosystems, VCs, market makers and mentors.<\/p>\n To learn more, visit this page<\/a>.<\/p>\n Jack Sutherland<\/a>, BNB Chain<\/p>\n Follow Us on Twitter<\/a> Facebook<\/a> Telegram<\/a><\/span><\/p>\n
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Binance Labs<\/a>, in partnership with BNB Chain<\/a> and CMC Labs, has introduced a new \u2018founder track\u2019 to the MVB (Most Valuable Builder) accelerator program.<\/h5>\n<\/blockquote>\n
About Binance Labs<\/strong><\/h5>\n
About <\/strong>BNB Chain<\/strong><\/h5>\n
About CMC Labs<\/strong><\/h5>\n
Contact<\/strong><\/h5>\n
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