BNB Incubation Alliance Round 2 Winners Announced at Bitcoin 2024

The BNB Chain has announced the winners of the second round of its BNB Incubation Alliance (BIA) during the Bitcoin 2024 event held in Nashville. This initiative is part of BNB Chain's ongoing mission to support and accelerate the growth of blockchain projects, aligning with its goal to onboard the next billion Web3 users, according to the BNB Chain Blog.

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. It aims 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 it continues to support the next generation of blockchain innovation.