BNB Incubation Alliance Showcases Promising Blockchain Projects at Bitcoin 2024 and EthCC
The
BNB
Chain
Incubation
Alliance
(BIA)
has
recently
made
significant
strides
within
the
blockchain
community,
showcasing
the
potential
of
early-stage
projects
at
two
major
events:
EthCC
in
Brussels
and
Bitcoin
2024
in
Nashville,
according
to
the
BNB
Chain
Blog.
How
BIA
Works
The
BNB
Incubation
Alliance
(BIA)
functions
as
an
incubator
aimed
at
expediting
the
growth
of
early-stage
blockchain
projects.
It
operates
through
a
series
of
global
events,
in
collaboration
with
prominent
venture
capitalists,
incubators,
and
developer
communities.
The
alliance
aligns
with
BNB
Chain’s
vision
of
onboarding
the
next
billion
Web3
users
by
providing
crucial
support
to
startups
and
developers.
BIA:
A
Key
Part
of
BNB
Chain’s
Builder
Support
Program
Winners
of
the
BIA
are
granted
entry
into
BNB
Chain’s
Most
Valuable
Builder
(MVB)
program,
where
they
can
receive
potential
grants
and
access
services
worth
up
to
$300,000
through
the
Launch-as-a-Service
(LaaS)
package.
BIA
offers
a
comprehensive
range
of
resources
designed
to
support
project
growth
within
the
ecosystem.
This
includes:
-
Ideation
Phase:
Hackathons
and
MVB
programs
to
nurture
early-stage
ideas,
with
potential
grants
from
BNB
Chain
and
investments
from
Binance
Labs. -
Post-Deployment
Phase:
Incentives
and
grants
based
on
key
performance
metrics
such
as
daily
active
users
(DAU),
total
value
locked
(TVL),
and
trading
volumes
to
ensure
sustainable
growth. -
Additional
Support:
Business
development,
24/6
tech
support,
and
marketing
assistance.
Bitcoin
2024,
Nashville
The
BIA
event
at
Bitcoin
2024
in
Nashville
was
a
significant
gathering
of
blockchain
and
crypto
investment
experts.
The
event
featured
insightful
discussions
on
the
future
of
blockchain
technology
and
the
support
for
early-stage
projects.
Representatives
from
organizations
like
Binance
Labs,
Stanford
Blockchain
Accelerator,
Franklin
Templeton,
and
Polychain
Capital
participated
as
judges.
Highlights
The
expert
panel
discussed
topics
such
as
the
importance
of
exceptional
founders,
sustainable
business
models,
and
Bitcoin
adoption.
Key
points
included
the
need
for
Layer
2
solutions
to
offer
unique
products
and
the
ongoing
interest
in
AI
and
decentralized
infrastructure.
Winners
(Alphabetical
Order):
-
Avalon
Finance:
A
liquidity
hub
for
BTC
LSDFi
and
CeDeFi
lending. -
Bedrock:
A
multi-assets
restaking
protocol.
Other
Participating
Projects:
-
Rivo:
Self-custodial
app
with
one-click
access
to
DeFi
yields. -
KvantsAI:
Marketplace
for
Omni
Chain
AI-driven
quantitative
trading
strategies. -
Folks
Finance:
Cross-chain
DeFi
hub
platform. -
BitRivals:
Data
layer
connecting
any
game
to
the
blockchain. -
Trips:
IP
protection
for
the
new
data
economy. -
RNDM:
Decentralized
AI
liquidity
layer
for
user
trading
intent
resolution. -
The
Colony:
Social
marketplace
for
collectors
and
resellers. -
Moso:
Blockchain-powered
referral
and
rewards
programs
for
brands. -
ZKT
Network:
Web3
compliance
with
Layer
2
ecosystem
innovation. -
Catalog:
Fastest
Bitcoin-centric
interoperability
protocol. -
iAgent:
DePIN
decentralized
computing
for
training
AI
agents
from
gameplay
footage. -
DePHY:
Framework
for
launching
DePin
applications. -
GoldLink:
Institutional-grade
prime
brokerage
on-chain.
EthCC,
Brussels
The
BIA
also
had
a
successful
event
at
EthCC
in
Brussels
in
July,
supported
by
sponsors
Alchemy
and
Open
Ledger.
The
purpose
was
to
accelerate
the
growth
of
promising
early-stage
blockchain
projects.
Representatives
from
Binance
Labs,
Bitkraft,
Zero
Knowledge
Ventures,
and
Outlier
Ventures
participated
as
judges.
Highlights
The
event
featured
keynote
addresses
and
project
presentations,
showcasing
cutting-edge
developments
in
blockchain
technology.
Winners
(Alphabetical
Order):
-
Balloon
Dogs:
The
first
DeFi
Abstraction
Layer. -
Blackwing:
Liquidation-free
margin
on
meme
coins. -
Payman:
Making
it
easy
for
AIs
to
pay
humans.
Other
Participating
Projects:
-
Skate
Chain:
A
unified
liquidity
layer
engine. -
Bandoo:
Payment
gateway
for
LATAM. -
uDex:
Decentralized
platform
for
spot
and
leverage
cryptocurrency
trading. -
OpenSocial:
Protocol
for
next-gen
social
apps
and
SocialFi
ecosystems,
supporting
multichain. -
Alaya
AI:
Provides
real-time
reporting
and
analytics
for
businesses
to
track
progress,
adapt
strategies,
and
make
informed
decisions. -
ADOT
Network:
Decentralized
AI
search
tool
for
Web3
discovery. -
Arkis
Finance:
Offers
capital-efficient
undercollateralized
leverage
for
DeFi
financial
institutions
and
traders. -
ION
Protocol:
Open
source
protocol
supporting
Ethereum
stakers
and
restakers,
unlocking
new
applications
for
their
assets. -
Absinthe:
Instant
launch
of
points
programs
with
no
code
required. -
Bloom:
Leading
wallet
for
the
IOTA
and
Shimmer
ecosystem,
managing
crypto,
DeFi,
and
NFTs. -
PurerAir:
Addresses
global
air
pollution
with
a
decentralized
network
of
real-time
air
quality
data
through
wearable
sensors,
using
blockchain
and
AI
for
reliable
data
management
and
rewarding
contributors
with
tokens. -
OpenLayer:
Modular
data
layer
for
data
interoperability,
supporting
both
web2
and
web3
companies.
Leading
AVS
on
EigenLayer
mainnet
with
over
40
operators
and
$5B
in
restaked
assets.
Backed
by
a16z
CSX,
Geometry
Ventures,
and
others. -
PLUR:
Social
finance
layer
to
rechannel
liquidity
and
attention
for
the
greater
good,
aiming
to
bring
crypto
to
1
billion
people. -
Lookonchain:
Uses
advanced
natural
language
processing
(NLP)
to
translate
complex
blockchain
data
into
human-readable
insights. -
Moelive:
Live
streaming
app
that
makes
users
super
cute
using
AI. -
AAA
(All
Access
Anonymous):
Revolutionizes
the
live
experience
economy
by
bringing
music,
entertainment,
and
cultural
experiences
onchain. -
Holonym:
Privacy-preserving
identity
protocol
using
zero
knowledge
proofs
to
verify
user
facts
without
revealing
their
full
identity. -
YieldNest:
LRT
allowing
users
to
restake
in
selected
AVS
category
baskets
like
DeFi,
AI,
oracles,
and
bridges. -
Kasu
Finance:
Optimizes
businesses’
cash
flows
for
RWA
lending
to
improve
credit
risk
and
deliver
superior
risk
management
with
higher
yields. -
Mira:
AI
infrastructure
solution
making
AI
development
streamlined
and
developer-friendly.
Looking
Ahead
BNB
Chain’s
vision
extends
beyond
providing
support;
it
aims
to
help
startups
and
developers
achieve
real
business
success
and
transition
into
mainstream
adoption.
Through
initiatives
like
the
BNB
Incubation
Alliance,
BNB
Chain
continues
to
empower
startups
and
developers
to
make
meaningful
contributions
to
the
Web3
ecosystem.
The
events
at
Bitcoin
2024
and
EthCC
underscored
the
potential
of
early-stage
projects
and
highlighted
BNB
Chain’s
robust
support
ecosystem.
Stay
tuned
for
more
updates
and
opportunities
from
BNB
Chain
as
they
continue
to
foster
the
next
generation
of
blockchain
innovation.
Image
source:
Shutterstock
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