Thu, October 31

BNB Chain Eyes Investment in 35 Finalists from MVB Season 8 Program

BNB Crosses $500, All-Time High in March? Editors News
  • BNB Chain’s MVB Season 8 narrows 500 applicants to 35 finalists across DeFi, Infrastructure, and Application sectors
  • Selected projects will undergo four-week training before potential Binance Labs investment
  • Program highlights growing focus on AI, meme coins, RWA, and Telegram applications

The BNB Chain ecosystem continues its expansion through the Most Valuable Builder (MVB) program, a collaborative initiative between Binance Labs and CMC Labs designed to discover and nurture promising blockchain projects.

From an initial pool of 500 applications, the program has identified 35 standout projects for its eighth season.

BNB Chain will choose the worthy participants 

Source: Bnbchain

These finalists represent diverse technological innovations across three primary sectors: Application layer solutions, Decentralized Finance (DeFi) protocols, and Infrastructure development.

Season 8 notably features a significant emphasis on artificial intelligence integration, alongside emerging trends in meme token ecosystems, real-world asset tokenization, and Telegram-based applications.

Participating teams will engage in an intensive four-week development program, receiving comprehensive support including technical guidance, mentorship opportunities, and access to an extensive network of industry professionals.

Following this preparation phase, projects will present their innovations to Binance Labs for potential investment consideration.

Gala Wen, serving as Director of Ecosystem Development at BNB Chain, emphasized the program’s enhanced curriculum structure, noting its role in equipping founders with essential resources for Web3 success.

This season’s approach reflects a more selective process compared to Season 7, which evaluated 700 applications but resulted in only five successful investments.

Alex Odagiu, Investment Director at Binance Labs, recently shared insights with BeInCrypto regarding investment criteria, emphasizing the importance of technological innovation, market fit, and sustainable revenue models in today’s competitive landscape.

This strategic focus aligns with Binance Labs’ current investment portfolio, which Cryptorank data shows includes significant allocations to AI (22.22%), restaking protocols (16.7%), and Layer-1 solutions (11.1%), with 47 investment rounds completed this year.

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