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We are thrilled to announce the winners from the second round of the BNB Incubation Alliance (BIA), which took place during Bitcoin 2024 in Nashville. This initiative is part of BNB Chain’s ongoing mission to support and accelerate the growth of blockchain projects, aligning with our goal to onboard the next billion Web3 users.
The Winners
Judges from 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 selected the following winners, 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 with free services worth up to US$300,000.
Comprehensive Support for Blockchain Projects
BIA provides unparalleled resources essential for project growth within the ecosystem. It is part of 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, with potential grants from BNB Chain and investment from Binance Labs.
- For Projects in the Post-Deployment Phase: 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, and marketing support.
Our Vision and Mission
BNB Chain’s vision goes beyond support. We aim to help startups and developers achieve real business success and cross the chasm into mainstream adoption to onboard the next billion users. Through initiatives like the BNB Incubation Alliance, BNB Chain empowers startups and developers to make meaningful contributions to the Web3 ecosystem.
Stay tuned for more updates and opportunities from BNB Chain as we continue to support the next generation of blockchain innovation.
