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Incubation Program of Binance Labs: Week 1 & 2 Recap, Season 3

Incubation Program of Binance Labs: Week 1 & 2 Recap, Season 3

Season 3 of Binance Labs' Incubation Program has now been running for two weeks. Through committed supervision, the nine incubation projects have been able to develop.

Focused Message:

Season 3 of BinanceLabs' Incubation Program has begun successfully, with nine incubation projects across the industry's various sector.

The incubation projects have been mentored by Polygon, DoraHacks, and Zokyo's CEOs for the past two weeks.

Season 3 of Binance Labs' Incubation Program, the venture capital arm and innovation incubator of Binance, is now in progress.

Mentorship is a key component of the Incubation Program at Binance Labs. The nine incubation projects are able to meet and learn from industry leaders and mentors through regular monthly fireside chats and workshops. This past two weeks, Polygon, DoraHacks, and Zokyo's leaders had speaking engagements.

Week 1: Polygon Foundations for a Strong Base

Binance Labs asked Polygon Co-Founder Sandeep Nailwal to be a mentor during the inaugural weekly fireside discussion. Binance Labs fostered Polygon, an Ethereum sidechain solution, during Season 2 of its Incubation Program. Over 3000 dApps have been successfully grown on Polygon, making it the leading solution in the market.

While at Polygon, alumnus and industry leader Sandeep Nailwal talked about his team's experiences and the lessons they acquired. To summarize his advise, which can be boiled down to just three simple suggestions: establish a solid foundation.

Week 2: DoraHacks and Brand Marketing

A mentor from DoraHacks, a long-term partner of Binance and co-organizer of Season 3 of the Incubation Program, presented a course on marketing and user acquisition in the second week. When it comes to Web 3.0 developer communities, DoraHacks is a global hackathon organizer. Over 20 major Web 3.0 ecosystems have already adopted Dora's infrastructure for quadratic governance of their developer communities.

Web 3.0 creators are well-served by DoraHacks' community and environment, which was built with their help. An anonymous mentor who facilitated the class feels that marketing is critical to a blockchain project's success. Mysterious Man (anonymous name) provided marketing strategy guidance in his workshop presentation.

Week 2: Security and Reliability in Project Development with Zokyo

Hartej Sawhney, Zokyo's CEO and founder, presided over the second week's fireside talk. Zokyo was founded in 2016 and is a full-service security company that specializes in blockchain. Zokyo (formerly known as Hosho), a smart contract auditing firm, was named the best in 2019 by Forbes.

Zokyo has a world-class team of hackers, cryptographers, and engineers who have extensive experience in identifying and fixing security holes in blockchain projects. During the incubation period, Hartej Sawhney supplied practical advice and guidance to the projects to help them create safe projects.

Up-to-date Information on the Incubation Project

Binance Labs and the nine incubation projects taking part in the Incubation Program have some new information to share about the progress of their initiatives.

More than 12K followers on Twitter and an AMA on Discord are just two examples of Block Ape Scissors' active engagement with the community. In addition, Block Ape Scissors sold out of the complete collection of Gamester NFTs (10,001 NFTs) in less than 12 hours.

Mint Club smart tokens'TVL(Total Value Locked) climbed five times in a week, 500+ smart token projects were launched, and the MINT token price rose by more than 100 percent throughout the week. A time-based token marketplace called 1s. market will shortly be developed on top of the Mint Club protocol. Using the Mint Club smart contract, users will be able to create a time-based token using any Twitter link via 1s. market .

New features for NFT Market Minted Vodka users will be added by GAT Network. The UI will be cleaner, more adaptable, more powerful, and more responsive with the new revisions. NFTs will also be shown on all supported chains, with detailed views to trade or send an NFT, so users can trade or send NFTs. GAT Network has organized a giveaway event for users to celebrate new accomplishments.

Within a few weeks of launching its Twitter account, SkyArk Studio had more than 3,000 followers. Users may follow the game's progress on Twitter, and SkyArk Studio will also provide information on token presales, promotions, and sneak peeks via the channel. In addition, the website, teaser video, and whitepaper will be produced in the near future.

Analytical NFT, or aNFT, has been announced by Bird as a new sort of NFT that will operate across chains. The aNFT is the first NFT to use a generative algorithm and trait assignment based on a user's unique wallet history. Your on-chain actions become a part of the NFT generated by Bird's bespoke NFT platform when you use an aNFT.

Following its official inclusion in Binance Labs' portfolio, Copycat Finance surged to a new all-time high of $0.54 and a market capitalization of more than $10 million. Copycat Finance has also created a new fund called the "$30M Diamond Hand Program" to reward all of the loyal Copycat diamond hands.

A Look Ahead to Weeks 3-4

The creators of incubation companies can look forward to a fireside conversation with Binance's CMO, Yi He, as well as many other exciting sessions.

Is it Possible to buy Crypto on Binance?

To buy and sell cryptocurrency, you must first fund your account with traditional currencies.

A wide range of payment options, including bank transfer, credit or debit card, and cash, as well as margin trading, are available to users to quickly and simply buy Bitcoin ( one of largest cryptocurrencies), Binance coin and other cryptocurrencies. Margin trading on the Binance platform is enabled via the creation of a margin account with cryptocurrency funds.

Margin trading allows you to gain access to larger amounts of cryptocurrency as investment capital in exchange for a loan charge. On Binance, there is a payment method for every user to choose from.

Recurring Buy, a new service on Binance, will allow users to buy a defined amount of cryptocurrencies at certain intervals. Both the Binance website and the Binance app now support Binance Recurring Buy (iOS 2.34.0 and Android 2.34.0).