Binance Labs, the investment arm of the world's leading cryptocurrency exchange Binance, has just announced the list of promising projects participating in the eighth season of the MVB (Most Valuable Builder) program on the BNB Chain. Season 8 officially kicks off on October 28 with a 2-day offline event in Dubai, coinciding with the Binance Blockchain Week, providing participants the opportunity to connect with peers, advisors, and guest speakers.
Throughout the program, the founders and core team members of each project will be exposed to a curriculum covering key topics to address the needs of early-stage Web3 projects, such as tokenomics design, fundraising strategies, team building, and talent attraction. This season will culminate in investments from Binance Labs based on the project's pitch during the Demo Day and their performance throughout the MVB program.
Here is the list of projects participating in this season:
DeFi
- Allo.xyz: Real-world asset (RWA) tokenization and trading platform on BNB Chain, enabling deployment of RWA fund management layer assets and tokenization of assets on BNB Chain.
- Avalon: Hub for BTCFi.
- CarbonFi: Tokenized carbon credits with mint/redeem fees, targeting institutions for future emissions compliance.
- Evoq Finance: P2P lending protocol based on pools, utilizing the Venus protocol on BSC.
- Paimon: Provides investment portfolios using AI into alternative assets, previously only available to institutions.
- RateX: Next-generation yield market with leveraged yield trading and fixed-income strategies.
- SparkleX: Allows users to contribute idle assets to provide liquidity for other applications and users.
- uDEX: Expanding the scope of social trading.
- Vanilla Finance: Makes crypto trading more accessible through low-cost on-ramps, leveraging popular messaging platforms like Telegram.
- YieldFi: Bridges yield gaps by tokenizing delta-neutral yield strategies with a hedge into DeFi yield opportunities like lending and RWA.
- YieldNest: Next-generation liquidity restaking protocol providing easy-to-understand risk-adjusted restaking strategies for BNB Chain users.
Infrastructure
- Alaya AI: Receives data requests from AI developers and distributes annotation tasks to platform users through a gamified user interface.
- APRO Oracle: Decentralized oracle service with security comparable to Bitcoin.
- Balloon Dogs: Unified DeFi abstraction layer, designed to remove the complexities of blockchain technology.
- BAS (BNB Attestation Service): BNB attestation service.
- Blockus: All-in-one platform for Web3 games, allowing game studios to build quickly, reduce costs, and focus on gameplay.
- Codatta: Empowers AI and software companies to leverage advanced data to train large language models (LLMs), while also allowing data creators to share in the revenue generated by models trained on their data.
- CodexField: Social wallet and storage platform with DeFi and communication integration.
- Infinity Ground: AI-powered content creation and interaction platform for Web3 projects.
- Matchain: Decentralized AI, enhanced privacy, unified identity, and incentivized user conversion from Web2 to Web3 through secure data monetization.
- Yotta Labs: Decentralized operating system (DeOS) that coordinates AI workloads across distributed GPU resources, addressing the need for affordable AI computing.
Application Layer
- Alias: AI-powered ecosystem, leveraging AI agent applications and decentralized data marketplaces to provide scalable personalized services while ensuring user privacy and data security.
- Alt.town: Facilitates the trading of virtual IP assets, provides a community platform for news and events, and introduces gamification features to create and nurture virtual assets.
- Balance: Connects users with companion gaming services and supports both Web2 and Web3 game developers through publishing services and fan token solutions.
- Bando: Allows users to spend crypto on any network of their choice, directly from their wallet or the dApp they're familiar with.
- Cat Gold Miner: Telegram mini-app game.
- Four.meme: Fair launch platform for meme coins on BNB Chain.
- Gameland: Provides a multi-agent system to support the creation, publishing, and playing of Web3 games.
- GamerBoom: Portal to genuinely help gamers, with the goal of onboarding billions of users into Web3.
- GraFun: Operates as a meme coin launchpad using a creative Fair Curve model.
- Meet48: Interactive community platform for idol-fan connections.
- Moso: Rewards platform.
- Nomis: One-stop platform for users to build, manage, and leverage on-chain reputation.
- REVOX: Solves the challenges of applying AI to Web3, with a unique position in the Web3 AI ecosystem.
- TaleX: Decentralized content ecosystem and digital content asset exchange.
Gala Wen, Ecosystem Development Director at BNB Chain, said:
"Season 8 marks a new chapter for MVB, with exciting new elements like the offline event in Dubai, providing participants with a unique opportunity to connect directly with industry leaders and advisors. The expanded learning program this season, coupled with the investment potential from Binance Labs, ensures that founders have the necessary tools and knowledge to succeed. We are thrilled to witness the growth of these promising projects and continue to drive the development of the Web3 ecosystem on BNB Chain."
Alex Odagiu, Senior Investment Director, Binance Labs:
"The MVB program plays a crucial role in supporting early-stage Web3 builders, aligning with Binance Labs' mission to foster impactful and sustainable early-stage innovation. We look forward to supporting the new BNB Chain project cohort in Season 8 as they drive adoption and bring the next billion Web3 users."
Rush, CEO of CoinMarketCap
"CMC Labs is excited to partner strategically with Binance Labs and BNB Chain for the 8th Season of the MVB Accelerator Program. MVB 8 presents a unique opportunity for promising Web3 builders to access expertise, resources, and investment from industry leaders. We look forward to supporting the selected projects."
