Binance Labs Wraps Up Season 6: Standout Promising Projects

Binance Labs, the venture capital arm of the Binance exchange, has invested in 7 high-performing projects...

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Binance Labs


, an investment firm and venture capital organization of Binance exchange, has invested in the top-performing 7 projects since the sixth season of its incubation program. The program, spanning

 2 months beginning in December 2023, is designed to empower early-stage founders by providing 1:1 mentorship from the Binance Labs Investment team, along with access to resources and experts within the Binance ecosystem. Hundreds of projects applied for the sixth season, with 3% being accepted into the program. 

Yi He, Co-founder of Binance and Director of Binance Labs, said: “At Binance Labs, our goal is to support and nurture serious early-stage founders. Our support extends across all stages and the ecosystem for long-term committed projects – We wish to witness the growth and continuous contributions of every project to the Web3 ecosystem.”



Invested Projects




DeFi 




  • Derivio




    – a decentralized derivatives ecosystem built on zkSync, aimed at unlocking the full potential of DEX for users, builders, and organizations.




  • ETH




    is a derivatives infrastructure provider that turns ETH into a stablecoin providing the first-ever native digital currency profit without reliance on the banking system.




  • Shogun




    – is a protocol focused on maximizing Trader Extractable Value (TEV) through optimized order flows and full-chain abstraction features.



Infrastructure:




  • UXUY




    – a multi-chain platform based on MPC and AA wallet technology with purpose-focused features, minimizing the barriers of entry into decentralized transactions.



Application Layer:




  • Cellula




    is a fully autonomous life simulation strategy game built on-chain that combines evolvability, permanence, and toughness.




  • NFPrompt




    is an AI-driven UGC platform designed for the new generation of Web3 creators, encompassing all emerging standards like NFTs, typography, and 404. An all-in-one platform supporting AI creative operations, social communities, and monetization.




  • QnA3




    – a Web3 knowledge search and sharing platform powered by AI. With its exclusive data pool, QnA3 empowers users to access Web3 information and knowledge with just one click.

SOURCEvietstock
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