BNB Chain is moving forward daily, and we hope you guys do not miss any news in the last 7 days. Here is your BNB Chain Weekly recap.
KEY TAKEAWAYS
- BNB Chain Monthly Stars – November
- Twelve Projects Selected for Season 5 of Binance Labs Incubation Program
- Most Valuable Builder VI is Coming on November 28th
- Utilize Your Binance Account Bound (BAB) Token for Exclusive Offers
- BNB Chain Martians Program: Community Organizers and Champions
- Hooked Protocol to Be 29th Project on Binance Launchpad
ECOSYSTEM UPDATES
The on-chain, total value locked, and BNB burn metrics are almost unchanged. However, last week was a week with many notable events, let’s take a look at the highlights below.
BNB Chain On-Chain Data Highlights
Content of the Week
BNB Chain Monthly Stars – November
BNBChain is dedicated to spotting and assisting the initiatives in our ecosystem that have a great chance of increasing the utility of cryptocurrencies🪙
The DAO, Metaverse, Payments, NFT, SocialFi, and GameFi are November Stars
12 Projects Selected for Season 5 of Binance Labs Incubation Program
The incubation program aims to empower early-stage Web3 founders and help them reach their full potential, regardless of market conditions
During the 8-week of incubation period (not including the holiday season), project founders will get access to:
• Crafted courses on Web3 & entrepreneurship
• 1-on-1 mentoring sessions with industry experts
• Fireside chats with market leaders and incubator alumni
• Industry-wide demo day with investors
• Continuous post-incubation support
Most Valuable Builder VI is Coming on November 28th
The Most Valuable Builder (MVB) Accelerator Program is an accelerator program co-led by Binance Labs and BNB Chain to offer mentorship and funding to emerging projects built on top of the BNB Chain.
The Binance Labs team also conducted in-depth project analysis and investment assessment, while collaborating with the BNB Chain growth team, CoinMarketCap, Trust Wallet, CertiK, and PancakeSwap on ecosystem integration. Top-performing projects were invited to an investment-focused demo day with venture capitalists and Binance Labs’ limited partners.
Read more details here
Utilize Your Binance Account Bound (BAB) Token for Exclusive Offers
First issued on the BNB Chain by Binance, Binance Account Bound (BAB) tokens are identity credentials for Binance users who completed KYC verification. Once a verified Binance user creates a BAB token, the user will be able to participate in building the supporting projects on the chain and receive rewards.
To learn more about the topic, please visit here.
BNB Chain Martians Program: Community Organizers and Champions
To date, BNB Chain currently has more than a thousand dApps with 215M unique wallet addresses, 1.2M daily active users, and 5.8B total locked value.
The Martian Program is an initiative towards developing the BNB Chain ecosystem by presenting engaging opportunities for its members to help the core vision of the chain.
Read more about Martians Program
Hooked Protocol to Be 29th Project on Binance Launchpad
Hooked protocol, innovated with and originated for revolutionizing web3 applications growth tunnel, is aiming:
- To empower everyone with no prior experience to access, earn and own a share of crypto with gamified experience;
- To enable and expediate developers and applications’ streamlined Web3 transformation;
- To form a vibrant community with vast scalability and high engagements, leveraging decentralized social network and viral growth.
Read more about the event
Additional Notable Events
• Binance Labs Invested $4M in Ultimate Champions
• CEXs Money Flow Comparison last 7 Days
• Top Goal Partnership with Binance Fan Token
• Radio Caca Partnership with Open Leverage
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BNB Chain Weekly Recap Week 44 (27/10 – 2/11)
BNB Chain Weekly Recap Week 45 (3/11 – 9/11)