BNB
by BSC News
April 18, 2023
The 12 MVB Season VI accelerator teams have been unveiled by Binance Labs, and there are several intriguing DeFi, Infra and Application Layer projects to check out.
Binance Labs, the venture capital and accelerator arm of Binance, has announced the finalists of its Most Valuable Builder (MVB) Program.
The accelerator program focuses on growing the BNB Chain ecosystem, and Binance Labs will decide which projects to invest in based on their performance throughout MVB.
This season, Binance Labs received over 1,500 applications from a global pool of founders building on the BNB Chain. After a highly selective process that admitted less than 1% of the total applicant pool, the 12 MVB Season VI Accelerator teams have been chosen.
The MVB Accelerator Program is an 11-week curriculum designed to address the evolving needs of Web3 founders. The program aims to help emerging projects reach their full potential through investment and in-depth sessions with industry experts. The curriculum offers technical advice to onboard and scale on the BNB Chain and delivers a product that reaches product-market fit. Season 6 of the MVB Accelerator Program will officially kick off on the 17th of April.
Each project team will be assigned a dedicated MVB mentor for tailored advice. Binance Co-Founders will be hosting masterclasses exclusively for MVB VI’s cohort. Yi He, Binance Co-Founder and Head of Binance Labs, will lead a masterclass on Building Culture, Teams, and Marketing, while Co-Founder and CEO of Binance, CZ (Changpeng Zhao), will hold an Off the Record session to wrap up Season 6 masterclasses.
With over 1,500 applications this season, the MVB Accelerator Program welcomes a global group of founders building on the BNB Chain. 53% of applicants were based in North America and Europe, and 36% were based in APAC.
“MVB VI is dedicated to enabling developers and entrepreneurs to architect the upcoming generation of decentralized, secure, and interoperable internet. The program draws an eclectic mix of talent from domains such as DeFi, infrastructure, GameFi, SocialFi, Metaverse, NFTs, and Sustainable Tech, all contributing to the cutting-edge advancements in the web3 sphere. The BNB Chain technical community is enthusiastic about providing integration assistance to the MVB VI cohort, facilitating the development of scalable and secure dApps that will redefine the internet landscape,” said Victor Genin, Solution Architect at BNB Chain.
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
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