BNB Chain Announces Season 10 of its MVB Accelerator Program

Fifteen promising Web3 startups have been selected for the 10th season of the Most Valuable Builder (MVB) Accelerator Program, a joint venture between BNB Chain, YZi Labs, and CMC Labs.

Supporting the Next Generation of Web3 Builders

The program aims to give early-stage Web3 projects the tools and support they need to succeed within the BNB Chain ecosystem. This year’s program kicks off online and culminates in a two-day event in NYC, offering networking opportunities with mentors, peers, and industry leaders. Participants will receive training on crucial topics like tokenomics, fundraising, team building, and talent acquisition.

A Competitive Program with Big Rewards

MVB is highly competitive, with over 500 applicants vying for a spot in Season 10. The program has a proven track record, having incubated over 200 projects since its launch in 2021. Successful projects from previous seasons, like Meet48 and Avalon Labs, have already secured investments from YZi Labs.

Meet the Season 10 Cohort

This year’s cohort represents a diverse range of projects across several sectors:

AI:

  • RICE AI: Building a decentralized AI foundry for training robotics foundation models.
  • Whitebridge Network: Creating a decentralized intelligence layer using public records and online data.
  • FlashX.ai: Transforming existing social media platforms into dynamic Web3 environments.

DeFi:

  • AGNT.Hub: A DeSoc protocol connecting user attention and on-chain actions.
  • Opsin:
    A trading terminal for multiple chains, unifying analytics, trading, and automated strategies.
  • Sigma Money: A DeFi protocol offering stable and volatile yield-bearing assets.

DePin:

  • Bitring: A smart ring for crypto mining and health monitoring.
  • ShareX: Building a Web3 layer for the sharing economy.

DeSci:

  • dLife: Bridging life science and Web3 with a decentralized human layer.

Payment:

  • AEON: An omnichain crypto payment framework for AI and real-world use.
  • Pepay Labs: A non-custodial, multichain payment infrastructure for Web3 applications.

Real-World Assets (RWA):

  • Asseto: An RWA launchpad integrating traditional finance assets with DeFi.
  • AXC (RWA): A programmable protocol connecting traditional finance to on-chain infrastructure.
  • DMZ Finance: A platform for RWA tokenization and stablecoin infrastructure.
  • R2: DeFi ETFs backed by real-world yields and powered by stablecoins.

Demo Day and Investment Opportunities

The program culminates in a Demo Day on August 15th, where the 15 teams will pitch their projects to investors. YZi Labs will then decide which teams will receive investments. It’s important to note that acceptance into the program doesn’t guarantee investment.

What the Partners Say

  • Sarah S, Head of Business Development at BNB Chain: Expressed excitement about the program’s continued success and the growing diversity of projects building on BNB Chain, particularly in the RWA space.
  • Alex Odagiu, Investment Director of YZi Labs: Highlighted YZi Labs’ commitment to supporting innovative founders and their focus on projects with strong fundamentals and market timing.
  • Rush, CEO of CoinMarketCap: Expressed CMC Labs’ pride in partnering with BNB Chain and YZi Labs, emphasizing their role in helping projects gain visibility and scale.

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