Dubai, UAE, July 31st, 2024,
Chainwire
BNB Chain, the community-driven blockchain
ecosystem that includes the world’s largest smart contract
blockchain, has announced the winners from the second round of
BNB Incubation Alliance
(BIA) held during Bitcoin 2024 in Nashville. With multiple
benefits for winners including access to free services worth up to
US$300,000, BIA is part of BNB Chain’s ongoing efforts to support
and accelerate the growth of blockchain projects on BNB Chain,
aligning with its mission to onboard the next billion Web3
users.
The BIA Nashville event showcased innovative projects from some
of the brightest minds in the blockchain industry. The event was
highly engaging, drawing a crowd of around 200 attendees eager to
explore the latest advancements in the field. They had the chance
to watch the presentations from 14 projects and gain insights
during the 2 panel sessions. Joined by 12 judges, representing
leading organizations such as Binance Labs, Stanford Blockchain
Accelerator, Franklin Templeton, Framework, Polychain, Alchemy
Ventures, ArkStream Capital, Chainlink, CMS Holdings, Cointelegraph
Accelerator, Draper Associates, and Outlier Ventures, the following
winners were selected, listed in alphabetical order:
- Avalon
Finance - A liquidity hub for BTC LSDFi and CeDeFi
lending
- Bedrock - A multi-assets
restaking protocol
These winning projects will be fast-tracked into BNB Chain’s
highly selective Most Valuable Builder (MVB)
program and gain access to the Launch-as-a-Service (LaaS)
package. BIA provides unparalleled resources essential for
project growth within the ecosystem and adds to BNB Chain’s
extensive builder support program which includes:
- For projects in the ideation phase:
Hackathons, BNB Incubation Alliance (BIA), and Most Valuable
Builder (MVB) to nurture
early-stage ideas and allow winners to receive potential grants
from BNB Chain and investment from Binance Labs.
- For projects in the post-deployment phase:
Providing incentives and grants for daily active users (DAU), total
value locked (TVL), trading volumes, and other key performance
metrics to ensure sustainable growth and success.
- Additional Support: Kickstart, business
development, 24/6 tech support, marketing support.
BNB Chain’s vision goes beyond support—it aims to help startups
and developers achieve real business success and ultimately cross
the chasm into mainstream adoption. Through initiatives like the
BNB Incubation Alliance, BNB Chain empowers startups and developers
to make meaningful contributions to the Web3 ecosystem.
For more information, users can visit here.
About BNB Chain
BNB Chain is a
community-driven blockchain ecosystem that is removing barriers to
Web3 adoption. It is composed of:
- BNB Smart Chain
(BSC): A secure DeFi hub with the
lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s
governance chain.
- opBNB: A
scalability L2 that delivers some of the lowest gas fees of any L2
and rapid processing speeds.
- BNB
Greenfield: Meets decentralized storage needs for the
ecosystem and lets users establish their own data
marketplaces.
Setting a high bar for security, the
AvengerDAO community protects BNB Chain users
while Red Alarm provides a
real-time risk-scanner for Dapps. The ecosystem also offers a range
of monetary and ecosystem rewards as part of its Builder Support
Program.
For more, users can follow BNB Chain on
X or start exploring via BNB's Dapp library.
Contact
BNB
Chain
press@bnbchain.org