{"id":4379,"date":"2022-06-21T16:20:24","date_gmt":"2022-06-21T09:20:24","guid":{"rendered":"https:\/\/wikibinance.com\/?p=4043"},"modified":"2022-12-14T10:50:26","modified_gmt":"2022-12-14T03:50:26","slug":"binance-labs","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/basic-binance\/binance-labs.html","title":{"rendered":"What is Binance Labs? Binance Labs Portfolio"},"content":{"rendered":"<h2>What is Binance Labs?<\/h2>\n<p><strong>Binance Labs<\/strong> is <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/binance-exchange.html\">Binance&#8217;s<\/a> investment fund to support and develop blockchain and the crypto ecosystem. The mission of the fund is to\u00a0identify, invest and empower entrepreneurs, startups and the blockchain community. This fund promotes a larger blockchain and provides financial leverage for potential projects in the cryptocurrency industry.<\/p>\n<p>It was established as the venture capital arm and innovation incubator of <a href=\"http:\/\/ecoinomic.io\/en\/knowledge\/guide\/sign-up-for-binance-the-simplest-user-guide-for-newbies.html\" target=\"_blank\" rel=\"noopener\">Binance<\/a>, participating in the Seed Funding Round of innovative projects on the blockchain ecosystem. The investment fund makes a commitment to technical support and enhances community growth with the goal of accelerating mainstream crypto adoption and decentralized platforms globally.<\/p>\n<h3 id=\"lu1ecbch-su1eed-cu1ee7a-binance-labs\" class=\"css-l4lxwm\" data-bn-type=\"text\">The history of Binance Labs<\/h3>\n<p>Binance Labs was founded in April 2018. After becoming a tech unicorn in early 2028, Binance has built an investment fund that provides capital for the development of blockchain projects. The fund makes it easier for all users to join and access the blockchain system.<\/p>\n<p>Since 2018, it has invested in and incubated more than 100 projects from more than 25 countries around the world. Its portfolio includes leading projects in crypto industry such as 1inch, Audius, Axie Infinity, Dune Analytics, Elrond, Injective, Polygon, Optimism, The Sandbox and STEPN.<\/p>\n<h3 id=\"ftoc-heading-2\" class=\"ftwp-heading\">Binance Labs Team<\/h3>\n<ul>\n<li><a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/cz-binance.html\">Changpeng Zhao &#8211; CEO<\/a><\/li>\n<li>Ella Zhang &#8211; Co-Founder, CEO<\/li>\n<li>Gin Chao &#8211; Strategy Officer<\/li>\n<li>Ross Barbash JD &#8211; Mentor<\/li>\n<\/ul>\n<h2>Binance Labs portfolio<\/h2>\n<p>The success of<strong> Binance<\/strong> <strong>Labs<\/strong> is the application of an effective investment strategy and a thorough due diligence process to build a diverse and impressive portfolio of investment projects. The fund focuses on three main areas: Defi, infrastructure and e-wallets. Prominent projects include Axie Infinity, Polygon and CertiK.<\/p>\n<figure id=\"attachment_4055\" aria-describedby=\"caption-attachment-4055\" style=\"width: 987px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4055 size-full\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/Danh-muc-dau-tu-cua-Binance-Labs.png\" alt=\"Binance Labs portfolio\" width=\"987\" height=\"510\" \/><figcaption id=\"caption-attachment-4055\" class=\"wp-caption-text\">Binance Labs portfolio<\/figcaption><\/figure>\n<h4 class=\"css-1yfq4h3\" data-bn-type=\"text\">Axie Infinity<\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">The Axie Infinity ecosystem is operated by Axie Infinity Shards (AXS) and officially launched on Binance Launchpad in October 2020. <\/span><span class=\"css-6hm6tl\">Inspired by Pokemon, the project brings a revolution in the gaming industry based on the &#8220;play-to-earn&#8221; model.<\/span><\/p>\n<h4 class=\"css-1yfq4h3\" data-bn-type=\"text\">Polygon<\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">Polygon <\/span><span class=\"css-6hm6tl\">is an Ethereum sidechain solution with the goal of upgrading Ethereum through faster transactions and lower gas fees. Polygon has upgraded the performance of more than 3,000 DApps.<\/span><\/p>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">After participating in Season 2 of the Incubation Program, Polygon was supported and and presided over the token sale by Binance Launchpad<\/span><span class=\"css-6hm6tl\">. Polygon and Binance Labs continue to collaborate on the<\/span> <span class=\"css-6hm6tl\">Gaming Oasis Hackathon which took place<\/span><span class=\"css-6hm6tl\"> in August 2021.<\/span><\/p>\n<h4 class=\"css-1yfq4h3\" data-bn-type=\"text\">CertiK<\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">CertiK is <\/span><span class=\"css-6hm6tl\">a security auditing firm specializing in evaluating smart contracts and blockchain platforms. Since 2018, Binance Labs has actively supported CertiK during the project development process, connected<\/span><span class=\"css-6hm6tl\"> CertiK with other companies in its portfolio. CertiK became the market leader in the auditing firm with more than 3,200 corporate clients and it was valued at $2 billion.<\/span><\/p>\n<h3><em>Investment stages of Binance Labs<\/em><\/h3>\n<p>Binance Labs makes investments through three different stages: incubation, early-stage ventures, and late-stage growth.<\/p>\n<h4>Incubation<\/h4>\n<p><strong> Binance Labs<\/strong>&#8216; activity is to search, evaluate potential projects, and connect with networks, Binance advisors. Binance Labs regularly hosts the Incubator Program and it is currently supporting its fourth group.<\/p>\n<h4>Early-stage venture<\/h4>\n<p>The capital investments in early-stage venture include token investments and equity across all cryptocurrency and Web3 such as infrastructure, Defi, NFT, games, metaverse platforms, social and cryptocurrencies.<\/p>\n<h4>End-stage growth<\/h4>\n<p>Late-stage growth investments target more developed companies that want to scale up or connect to the Web3 ecosystem. The Binance ecosystem has become a solid strategic partner, giving leverage for successful projects.<\/p>\n<figure id=\"attachment_4085\" aria-describedby=\"caption-attachment-4085\" style=\"width: 750px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-4085\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/Binance-Labs-la-be-phong-cho-cac-du-an-tiem-nang.png\" alt=\"Binance Labs makes investments through three different stages: incubation, early-stage ventures, and late-stage growth\" width=\"750\" height=\"422\" \/><figcaption id=\"caption-attachment-4085\" class=\"wp-caption-text\">Binance Labs makes investments through three different stages: incubation, early-stage ventures, and late-stage growth<\/figcaption><\/figure>\n<h3>Binance Labs&#8217; investment strategy<\/h3>\n<h4>Self-investment<\/h4>\n<p>In the Binance ecosystem, Binance Labs serves as a venture capital firm that searches for and supports potential projects. Binance <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/binance-launchpad.html\">Launchpad<\/a> and <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/binance-launchpool.html\">Binance Launchpool<\/a> will then evaluate before considering further projects that could appear on their respective platforms. Startups and projects are provided with support and guidance to implement effective launch and advertising programs.<\/p>\n<h4>Strategic investment and cooperation with projects<\/h4>\n<p>The companies and projects in Binance Labs&#8217; portfolio are strategic partners in many areas, creating a solid network, and promoting blockchain development activities along with the crypto ecosystem.<\/p>\n<p><a href=\"https:\/\/wikibinance.com\/en\/knowledge\/trust-wallet.html\"><span class=\"css-6hm6tl\">Trust Wallet<\/span><\/a><span class=\"css-6hm6tl\"> is a great example of a project that Binance has strategically invested and directly supported. After being acquired by Binance in August 2018, Trust Wallet has become one of the leading wallets with over 5 million users, supporting 53 blockchains and over 1 million assets.<\/span><\/p>\n<h4>Incubation program<\/h4>\n<p>It launches a Seasonal Incubator Program to look for innovative ideas. This program enhances the global adoption of cryptocurrencies and supports innovative projects. It takes place from 8 to 10 weeks, investors and<span class=\"css-6hm6tl\"> projects will be given a chance to develop maximum when participating<\/span>\u00a0in the program.<\/p>\n<h4 class=\"css-127w7vq\">Investment capital<\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">It accepts a maximum valuation of projects of up to $3 million to provide the initial capital and resilience to grow their startups.<\/span><\/p>\n<h4 class=\"css-127w7vq\"><span class=\"css-6hm6tl\">Advisor<\/span><\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">It connects the project with business leaders from Binance&#8217;s ecosystem. They have diverse expertise, from tokenomic and blockchain infrastructure technology to startups operation.\u00a0\u00a0<\/span><\/p>\n<h4 class=\"css-127w7vq\"><span class=\"css-6hm6tl\">Extensive network<\/span><\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">Startups can connect directly with Binance&#8217;s diverse network of leaders. Entrepreneurs have plenty of opportunities to talk to Binance CEO CZ, Binance co-founder and CMO He Yi, former Binance Labs member and many other leaders in cryptocurrency market.<\/span><\/p>\n<h4 class=\"css-127w7vq\"><span class=\"css-6hm6tl\">Comprehensive support<\/span><\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">It provides comprehensive support to startups, including regulatory and legal advice, recruitment, technical operation, fundraising, marketing and PR and other activities.<\/span><\/p>\n<h4>Leading the market trend<\/h4>\n<p>Binance Labs invests in a variety of sectors, facilitating the global popularity of cryptocurrencies. Binance further expands its investment sector, creates fair opportunities for potential projects. An effective investment strategy has helped Binance anticipate and lead the trend in the market. <span class=\"css-6hm6tl\">Recently, Binance Labs has also invested in metaverse through strategic investments in<\/span> <span class=\"css-6hm6tl\">Community Gaming<\/span><span class=\"css-6hm6tl\">,<\/span> <span class=\"css-6hm6tl\">Ultiverse<\/span><span class=\"css-6hm6tl\">,<\/span> <span class=\"css-6hm6tl\">Mythical Games<\/span><span class=\"css-6hm6tl\"> and other projects.<\/span><\/p>\n<h4>Building an investment network<\/h4>\n<p class=\"css-127w7vq\"><span class=\"css-6hm6tl\">Binance Labs values and facilitates long-term relationships with financial investors to take advantage of its strengths in sourcing and making investments. Supporting and helping each other will help build a sustainable and long-term investment community.<\/span><\/p>\n<h3>Conclusion<\/h3>\n<p class=\"css-127w7vq\"><strong>Binance Labs<\/strong> is the center for incubation, implementation of innovative ideas and development potential projects in the blockchain ecosystem. With the strength and diversity of the ecosystem, it becomes the very first crypto venture capitalists and will incubate a much broader selection of projects.<\/p>\n<blockquote><p>&gt;&gt;&gt; <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/binance-registration-guide-full-latest-update-2022.html\">Binance Registration Guide update 2022<\/a><\/p><\/blockquote>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\"\n    data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;4379&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n    \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n    \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is Binance Labs? Binance Labs is Binance&#8217;s investment fund to support and develop blockchain and the crypto ecosystem. The mission of the fund is to\u00a0identify, invest and empower entrepreneurs, startups and the blockchain community. This fund promotes a larger blockchain and provides financial leverage for potential projects in the cryptocurrency industry. It was established [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":8698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[390],"tags":[1594,1602,1638,1632,1598,1467,1600,1844],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4379"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=4379"}],"version-history":[{"count":13,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4379\/revisions"}],"predecessor-version":[{"id":89356,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4379\/revisions\/89356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/8698"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=4379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=4379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=4379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}