BNB Chain's MVB Program Launches Season 8 to Boost Web3 Innovation
Ted Hisokawa Sep 16, 2024 14:12
BNB Chain's Most Valuable Builder (MVB) Program returns with Season 8, aiming to accelerate Web3 innovation with enhanced support and resources.
The BNB Chain's Most Valuable Builder (MVB) Program has officially launched its eighth season, aiming to further accelerate innovation within the Web3 ecosystem. According to the BNB Chain Blog, the program is designed to support early-stage developers and projects with resources, mentorship, and opportunities for growth.
Program Details and Application
Applications for MVB Season 8 are now open, with a submission deadline of September 18, 2024, at 11:59 PM UTC. This season marks a significant shift as the program will now occur quarterly, providing more frequent opportunities for developers. Additionally, a 2-day offline event in Dubai will be part of the accelerator, allowing participants to network with peers, mentors, and industry experts.
The MVB program is a collaborative effort between BNB Chain, Binance Labs, and CMC Labs, offering early-stage Web3 builders the resources needed to thrive within the BNB Chain ecosystem. Interested projects can apply through the provided application form.
Impact and Growth
Since its inception in 2021, the MVB program has seen substantial growth, receiving over 4,900 applications and accelerating more than 93 projects. Alumni of the program have made significant progress, ranking highly in various sectors such as DeFi, NFTs, gaming, and infrastructure. Several projects from previous seasons have even achieved listings on top-tier centralized exchanges.
The program offers participants a tailored curriculum aimed at long-term growth, including coaching and workshops on legal considerations, security, cross-chain infrastructures, go-to-market strategies, tokenomics, and fundraising. Additional benefits include fireside chats, one-on-one mentorship, potential investment opportunities from Binance Labs, and exposure through CoinMarketCap channels.
Season 7 Highlights
Season 7 of the MVB program attracted over 700 applications, with less than 2% making the cut. Thirteen standout teams were selected for their exceptional talent and innovation in the Web3 space. These teams benefited from a comprehensive curriculum, personalized mentorship from experts at BNB Chain, CMC Labs, and Binance Labs, and valuable insights from successful founders through fireside chats.
Participants also gained access to the BNB Chain Launch-as-a-Service (LaaS) package, which provides support in infrastructure, security, treasury management, business growth, and marketing, valued at up to $300,000. Binance Labs has announced investments in four top-performing projects from Season 7, highlighting its commitment to nurturing high-potential projects. The selected projects include:
- Aggregata: A platform unifying AI data, models, and computing.
- Opinion Labs: A dynamic opinion and continuous prediction market builder.
- SideKick: A consolidation hub for social, games, and beyond.
- Vooi: A cross-chain perpetual DEX aggregator supporting both EVM and non-EVM chains.
Looking Ahead
The MVB program invites ambitious founders and startup teams to apply for Season 8 and join a thriving community of innovators. The program offers a platform to accelerate growth, gain valuable insights, and potentially secure investment from Binance Labs. For more details, visit the official BNB Chain Blog.
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