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.