Covering areas such as DeFi, infrastructure, and application layer.

Author: Noc

Binance Labs announced the projects selected for the sixth season of its global incubation program, with 12 high-potential projects covering DeFi, infrastructure, and the application layer. The two-month comprehensive program aims to provide founders with resources from the entire Binance ecosystem and one-on-one guidance. This incubation program will commence on September 25, 2023.

He Yi, Co-Founder of Binance and Head of Binance Labs, stated: "At Binance Labs, our mission is to select and support early-stage founders who have demonstrated the ability to create innovative technological solutions that can have a positive impact on the broader Web3 ecosystem. Through our incubation program, we leverage the resources of the entire ecosystem to provide advisory support, enabling early-stage project founders to grow with us."

A quick overview of projects in each area is as follows:

Infrastructure:

Vistara - A one-click aggregation deployment framework designed to design and manage scalable infrastructure across different execution environments.

UXUY - A multi-chain platform based on MPC and AA wallet technology, with intent-centric functionality to minimize entry barriers to decentralized transactions.

DeFi:

BBOX - A perpetual decentralized trading platform initially launched on Linea, capable of quickly creating trading pools for a wide range of assets while providing advanced yield strategies for liquidity providers.

Derivio - A decentralized structured derivatives ecosystem on zkSync, aiming to unleash the full potential of DEX for users, builders, and institutions.

Ethena - A derivatives infrastructure provider committed to transforming ETH into the first crypto-native yield stablecoin independent of the banking system.

Shogun - A chain-agnostic order flow aggregator and intelligent liquidity router for modular networks, initially launched on Cosmos cross-chain.

AI-driven DApp:

MyShell - An AI-based Web3 chatbot platform with proprietary AI and TTS (text-to-speech) models and modular design. It enables users to create and share AI bots for profit, each with unique voice, memory, and conversational style.

NPFrompt - An AI-driven Prompt-UGC platform with proprietary multimodal models, including text-to-image/video/music models, allowing users to easily create NFT content, vote, and earn rewards from art activities sponsored by Web3 projects.

QnA3 - An AI-driven Web3 knowledge sharing and search platform. With its proprietary data lake, QnA3 allows users to easily access Web3 information and knowledge with just one click.

GameFi/SocialFi:

Cellula - A fully on-chain autonomous life simulation strategy game on Ethereum, offering composability, transparency, and persistence.

Crypto Café - A learning and earning platform dedicated to blockchain and crypto-themed content, aimed at reducing entry barriers for users to engage with digital assets.

MetaCene - The first Web3-native MMORPG home game, supporting easy access for mainstream gamers.

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