Binance Labs announced that Season 4 of its global Incubation Program is launching on May 5th. Through the program, Binance Labs supports promising projects in the blockchain space. Over 500 projects applied, and Binance Labs selected fourteen that demonstrated the most potential and best fit for the program.
For the past 3 seasons of the Incubation Program, Binance Labs has incubated numerous market-leading crypto platforms and protocols such as Polygon, Perpetual Protocol, Injective Protocol, SafePal, Cere Network, and Dune Analytics.
Mirroring the increasing growth & diversification of the industry, Binance Labs will be incubating a much broader selection of projects.
Ken Li, Investment Director at Binance Labs, said: “The fourth season of our Incubation Program has attracted very exciting founders who are building across a wide range of use cases. We are thrilled to continue to partner with top teams at the earliest stages to support the broader blockchain industry together.”
There are 14 incubation projects that have been selected for Season 4 of the Binance Labs Incubation Program:
Jasmine Kong, Investor at Binance Labs, said: “We believe that the Incubation Program was a great growth opportunity for both start-ups and Binance Labs. The team is constantly learning to develop the early stage projects and upgrading the program to offer future projects with more tailored solutions.”
In the coming months, Binance Labs will launch applications for its Season 5 Incubation Program, which will kick off in Q4 of 2022. As one of the benefits of being part of the Binance Labs ecosystem, all portfolio company founders, mentors, or Binance alumni can directly recommend projects to fast-track into the final interview for incubation selection.
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