Most Valuable Builder (MVB) II, A Focus on NFTs

After a successful launch of its first-ever MVB accelerator program in February this year, the BSC has announced the start of the second edition. The focus of the MVB accelerator program is to help innovative NFTs and Defi projects.

By
Ifeanyi Egede
on
May 5, 2021
Category:
BSC News

Most Valuable Builder (MVB) II Is Launched

Over 650 projects in Defi, NFT, Gaming, infrastructure, options, lending, and others applied for the first edition of BSC's most valuable builder in February. After three phases of selection, only three projects made it through to the final phase. Projects revolving around NFTs, DeFi development, and high-performance infrastructures will be the focus of this second edition. The applications for this second edition opened on the first of this month and the finalists will be selected by July 22, 2021. Any project that integrates BSC or develops a product on BSC can apply to become a member of MVB II program. These projects can also apply to the two hackathons being hosted by the BSC foundation - the Singapore NFT+Defi hackathon and the Russian NFT hackathon.

Source

The steps to register for this program and the terms for projects to be qualified for each phase of the program are outlined in this post.

Program Timeline

The following timeline is an excerpt from the Binance blog post. Here is a timeline for the second edition of BSC's most valuable builder program:

  • Phase 1 (May - June 2021): projects' registration and shortlisting of the eligible ones that would be qualified for the second phase. Shortlisted projects will be announced via BSC's BUIDL reward program monthly update.
  • Phase 2 (July 2021): announcement of the top 10 out of the top 20 projects.


What Exactly Is BSC's Most Valuable Builder (MVB)?

The BSC MVP program started as a BUIDL reward program before it was upgraded to become the MVB program. Projects deployed or being deployed on the BSC can apply. The goal of this program is to accelerate the community and business growth of BSC-built projects, including helping them with additional funds, industry exposure, and the creation of market-loved products. Autofarm, PancakeBunny and Beefy.Finance was the top three projects from the first edition out of more than 650 applications. 

In another development, the Binance Chain Community has announced the Big BangNFT competition in collaboration with the refinable app. Artists and creators can submit their artwork and compete in the community vote. Winners of this competition will be announced on May 10, 2021.  


Closing Thoughts

There is no denying that the most valuable program works. Just look at the success of the three finalists from the first edition. If your project is BSC-built or you intend to implement BSC into your project, go ahead and register for the Most Valuable Builder (MVB) II program. The sooner you do, the sooner you have the chance to win a $10,000 grant, security Quickscan and a full security audit from Certik. And most importantly, projects will receive a detailed incubation workshop with industry experts.


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Ifeanyi Egede

Ifeanyi Egede is an experienced and versatile crypto writer and researcher on fintech, the blockchain and emerging technologies. He has several published works online and in the print media. He loves reading, research, traveling, meeting people and football. When he is not writing, he spends time with his lovely wife and kids