In previous bear market cycles, the market has seen volatile downturns. This is the time when the market needs to find the right projects but still be able to survive and this is also a great time to build a long-term project and bring great buzz. This is why Binance Chain kicked off the fifth season of The Most Valuable Builder accelerator program titled #MVBV – The Promised Land.
MVBV – Promised Land
This season, the main focus is on exploring opportunities, while helping emerging projects get off to a successful start. The crypto market is in the context of many fluctuations, programs such as MVBV have brought a new breath of innovation and signals of stability for those who want long-term development. As the noise subsides, it can be seen that down trend is really a good opportunity to reshape the future of cryptocurrencies, which is also when developers focus on building products. In order for the projects to have access to better tools, BNB Chain has formed a partnership with Binance Lads who have experience in incubating projects. Through investment training sessions, the two sides will focus on supporting new projects to develop in the best way. #MVBV allows registered projects to participate from May 31 to June 24. The show won’t mention having teams win monthly like the previous two seasons. Instead, successful projects entering the MVB accelerator program will be announced by the BNB Chain team at the end of June. Before finding the final champion, the selected projects will undergo training and participate in intensive workshops for 6-8 weeks.
Participants in the #MVBV Program
BNB Chain is looking for projects that need acceleration and can drive innovation and progress in the BNB Chain ecosystem in particular and the entire blockchain industry in general. Therefore, the program welcomes all projects at all stages and at all valuation levels. However, projects need to have unique characteristics suitable for the market besides needing a safe environment to bring innovations with high efficiency and the most effective improvement to the ecosystem. Areas of interest:
- Infrastructure: intermediary software, cross-chain, security control tool / risk.
- DeFi: Advanced DeFi, portfolio management, online payments.
- GameFi: Play-to-Earn, game development tool.
- SocialFi: interactive platform with fans, tools for content creators.
- Metaverse: digital platform, analysis and development tools.
>> Read more: Binance registration guide for 2022
How to participate in the MVB program
The projects will register through a basic information income form so that the BNB Chain team can understand and know what the project is building.
MVB program and what to expect
The program consists of multiple sections, projects that will be trained, workshops and receive investment opportunities from Binance Labs that will be offered for projects based on a careful evaluation and deliberation process. BNB Chain will focus on training in the following areas:
- Product design
- Support node building and infrastructure
- Market access strategy
- Fundraiser /fundraiser
- Data processing tools
- Business development
- And more than that…
In addition to the benefits such as the previous color, in the fifth season MVBV will provide successful candidates in the program with the following:
- Potential direct investment opportunities from Binance
- Support from the Program’s Alumni Network
- Business development support
- Security support
- The opportunity to interact with leading experts
Partnership with Binance Labs
Binance Labs is the joint venture arm of Binance, which operates infrastructure-impact funds with initiatives to incubate, invest, and empower blockchain projects. In the first round, new development projects will be supported and promoted by BNB Labs from the starting incubation phase to venture capital investments at a later stage. “We are delighted to be a strategic partner of the BNB Chain team in bringing the best accelerator program to the BNB community. Through MVB V, Binance Labs will collaborate with the BNB Chain team to identify quality projects and teams with unique goals and visions for building the BNB ecosystem. We will support investment in the best projects of #MVBV. Tyler Zhou, chief investment officer at Binance Labs.
Achievements of the #MVB Program
Listed on the world’s largest exchange Binance.com is the biggest success of projects participating in the MVBV program. At this program, MVB has contributed to finding and mobilizing 12 successful projects that have been listed on Binance.
Some typical names are entitled to many different types of investments such as:
- Deri Protocol
- WOO Network
This is a large program and has extremely worthy rewards, be bold to participate to look for opportunities to invest in the future. Please follow the official Wikibinance.com website or Fanpage Wikibinance.com.