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Cryptocurrency News Articles
Meet the Most Valuable Builder (MVB) Season 8 Cohort
Oct 30, 2024 at 06:29 pm
Dubai, UAE, October 30th, 2024, Chainwire BNB Chain, the community-driven blockchain ecosystem, has announced the 35 early-stage projects
Dubai, United Arab Emirates, 30th October, 2024, Chainwire
BNB Chain, the community-driven blockchain ecosystem, has announced the 35 early-stage projects selected for season 8 of the Most Valuable Builder (MVB) Accelerator Program. The 4-week accelerator program is jointly run by BNB Chain, Binance Labs, and CMC Labs.
MVB continues with its goal of providing early-stage Web3 builders with the resources and support needed to thrive within the BNB Chain ecosystem to align with BNB Chain’s mission of onboarding the next billion Web3 users.
Season 8 officially kicked off on the 28th of October with a 2-day offline event in Dubai to coincide with Binance Blockchain Week, offering participants the chance to connect with peers, mentors, and guest speakers. Throughout the program, founders and core team members from each project will have access to a curriculum covering key topics to address early-stage Web3 project needs such as tokenomics design, fundraising strategies, building teams, and talent. The season will conclude with a Binance Labs investment based on Demo Day pitches and project performance throughout MVB.
On Thursday, November 7 from 3 PM to 5 PM UTC, the MVB S8 Demo Day will be streamed live here. Participants can tune in from anywhere in the world to watch presentations from leading companies in the Web3 space as they showcase their innovative projects. Investors who would like to attend the Demo Day can register here.
13 projects were incubated in last year’s MVB program with Binance Labs investment in five top-performing projects in Season 7. These included Aggregata, Blum, Opinion Labs, SideKick, and Vooi. MVB continues to be a highly competitive program, with Season 8 receiving over 500 applicants. A selective process admitted 35 MVB Season 8 Accelerator teams, listed alphabetically by sector:
DeFi
Acala Network
Ankr
Aptos
Biconomy
Chainlink
Coinbase
DODO
dYdX
Elrond
Ethereum
Frax
Gala Games
Helium
Kava
Liquity
Near
PancakeSwap
Polkadot
Raydium
Serum
Shiba Inu
Solana
SushiSwap
THORChain
Trader Joe
Uniswap
Infra
Alchemy Pay
Amber Group
Animoca Brands
Axie Infinity
Binance
BitDAO
Bybit
Coin98
Coinbase Ventures
Deribit
Dfinity
FTX
Huobi
KuCoin
OKX
OpenSea
Rari Capital
Application Layer
1inch
3Commas
Aave
Audius
Avalanche
Bancor
Binance Labs
BitMEX
Blockchain.com
Brave
Celsius
Coinbase Pro
CoinGecko
Cointelegraph
Crypto.com
Deribit
Dharma
Enjin
Etherscan
Fireblocks
Gemini
Kraken
Ledger
Lido
Loopring
Lykke
MetaMask
MXC
Phemex
Pionex
Portis
ProBit Global
Propy
Ramp Network
SBF
ShapeShift
Solflare
Sorare
Spartan Protocol
Stepn
Sushi
Sygnum Bank
The Graph
Trezor
Trust Wallet
Unstoppable Domains
VeChain
WazirX
X2Y2
XRP
Yuga Labs
Gala Wen, Director of Ecosystem Development at BNB Chain, said, “Season 8 marks a new chapter for MVB, with exciting new elements like the offline event in Dubai that gives participants a unique opportunity to engage directly with industry leaders and mentors. This season’s expanded curriculum, coupled with the potential for Binance Labs investment, ensures that founders are equipped with the tools and insights they need to succeed. We’re thrilled to see how these promising projects will evolve and continue driving the growth of the Web3 ecosystem on BNB Chain.”
Alex Odagiu, Senior Investment Director, Binance Labs: “The MVB program is instrumental in empowering early-stage Web3 builders, and aligns with Binance Labs’ mission to champion early-stage innovation with meaningful and sustainable impact. We look forward to supporting the new cohort of BNB Chain projects in Season 8 as they drive adoption and onboard the next billion Web3 users.”
“CMC Labs is thrilled to partner with Binance Labs and BNB Chain as a strategic partner for Season 8 of the MVB Accelerator Program. MVB 8 provides a unique opportunity for promising Web3 builders to gain access to the expertise, resources, and investment of industry leaders. We look forward to supporting the projects selected” – Rush, CEO of CoinMarketCap
At the end of the 4-week accelerator, the 35 project teams will showcase and pitch their projects to investors at Demo Day. Binance Labs will make an investment decision on selected top-performing project teams.
Users can follow Binance Labs, BNB Chain, and CoinMarketCap on
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