Binance Labs Announces 12 Projects for Incubation

Binance Labs, the venture capital arm of the Binance exchange, has now announced the 12 projects accepted into the sixth season of its Binance Labs Incubation Program. 

Despite the association of Binance with BNB Chain, Binance Labs’ incubation initiative is chain agnostic and aims to help founders and projects achieve success across all verticals and ecosystems.

Season 6 of the program is slated to begin on September 25 and encompasses a two-month long curriculum. 

According to Yi He, Head of Binance Labs, "At Binance Labs, our mission is to identify and support early-stage founders who have demonstrated the capacity to create innovative technological solutions, thereby positively impacting the broader Web3 ecosystem. Through our Incubation Program, we leverage resources from our entire ecosystem, to provide advisory support, enabling founders of early-stage projects to grow alongside us."

Meet the 12 Projects

Broken down by the vertical/sector in which they are building, the startups selected for Binance Labs’ incubation are as follows...

Infrastructure

• Vistara - a one-click rollup deployment framework for designing and managing scalable infrastructure across different execution environments.
• UXUY - a multi-chain platform based on MPC and AA wallet technology with intent-centric features, minimizing the entry barriers to decentralized trading.

DeFi 

• BBOX - a perp DEX initially launching on Linea that can swiftly create trading pools for a wide asset range while offering advanced yield strategies for liquidity providers.
• Derivio - a decentralized structured derivatives ecosystem on zkSync that aims to unlock the full potential of DEXs for users, builders, and institutions.
• Ethena - a derivative infrastructure provider to transform ETH into the first crypto-native yield-bearing stablecoin with no reliance on banking systems.
• Shogun - a chain-agnostic orderflow aggregator and smart liquidity router for modular networks, initially launching on the Cosmos interchain.

AI-Powered DApps

• MyShell - an AI-powered Web3 chatbot platform featuring proprietary AI and TTS (text-to-speech) models and modular design. It enables users to create, share, and monetize AI robots, each with a unique voice, memory, and dialogue style. 
• NFPrompt - an AI-powered Prompt-UGC platform with multimodal proprietary models including text to image/video/music models, that allows users to effortlessly create NFT content, vote, and earn rewards from art campaigns sponsored by Web3 projects. 
• QnA3 - an AI-powered Web3 knowledge sharing and search platform. With its own proprietary data lake, QnA3 empowers users to effortlessly access Web3 information and knowledge with a single click. 

GameFi/SocialFi

• Cellula - a fully on-chain autonomous life simulation strategy game on Ethereum offering composability, transparency, and persistence.
• Crypto Café - a learn-to-earn platform dedicated to blockchain and crypto topics, with the aim to reduce barriers to entry for users with low-to-no exposure to digital assets.
• MetaCene - the first Web3-native MMORPG homeland game supporting easy access for mainstream gamers.