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Apply Now For Binance Labs Opens Applications for Season 7 of Web3 Incubation Program
Binance Labs, the venture capital arm of cryptocurrency giant Binance, is seeking the next generation of blockchain innovators for its Season 7 Incubation Program. This program empowers early-stage founders building applications for the decentralized web (Web3).
Focus on Early-Stage Web3 Startups
The program offers a valuable opportunity for founders with promising Web3 projects. Participants gain access to:
- Mentorship: Personalized guidance from the Binance Labs Investment team.
- Resources: A wealth of tools and support within the Binance ecosystem.
Applications Open Until April 15th
Project founders and companies have until April 15, 2024, at 11:59 PM UTC to apply.
Binance Labs: A Catalyst for Blockchain Innovation
Binance Labs plays a key role in fostering blockchain innovation. They achieve this by:
- Identifying promising blockchain startups and entrepreneurs.
- Providing funding for projects that expand the blockchain ecosystem.
- Supporting early-stage ventures through the Incubation Program.
Past Success Stories
The program boasts a strong track record. Season 6 saw hundreds of applications, with a highly competitive acceptance rate of only 3%. Out of the 12 teams chosen, focusing on areas like DeFi and AI, 7 received investments from Binance Labs. These investments have helped nurture successful projects like Bracket Labs, DappOS, and zkPass.
What Binance Labs Seeks in Season 7
For Season 7, Binance Labs is looking for innovative projects in various sectors including:
- Infrastructure
- Modular blockchains
- Decentralized internet services (DePIN)
- AI infrastructure
- Bitcoin infrastructure
- Decentralized Finance (DeFi)
- On-chain games
- Decentralized Social Finance (SocialFi)
- Decentralized Science (DeSci)
Calling All Web3 Innovators
If you’re an early-stage founder with a groundbreaking Web3 project, don’t miss this chance to join Binance Labs’ Season 7 Incubation Program. Apply now and take your Web3 venture to the next level.
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