BNB Chain Selects 16 Projects for MVB Accelerator Program

BNB Chain, a community-driven blockchain ecosystem, has announced the selection of 16 early-stage projects for the ninth season of the Most Valuable Builder (MVB) Accelerator Program. This 4-week program is a collaborative effort between BNB Chain, YZi Labs, and CMC Labs, aimed at providing essential resources and support to early-stage Web3 builders. The program aligns with BNB Chain’s mission to onboard the next billion Web3 users.

The ninth season of MVB will commence on April 5 with a 2-day offline event in Hong Kong, coinciding with the Hong Kong Web3 Festival and BNB Super Meetup. This event will offer participants the opportunity to connect with peers, mentors, and guest speakers. Throughout the program, founders and core team members will have access to a comprehensive curriculum covering key topics such as tokenomics design, fundraising strategies, team building, and talent acquisition. The season will culminate on April 24 with a Demo Day, where participants can showcase their innovative projects to a global audience.

Last year, 48 projects were incubated through the MVB program, and this year, the program received over 500 applicants. The 16 selected projects for Season 9 are listed alphabetically by sector and include a diverse range of innovative initiatives. In the AI sector, projects such as BitGPT, Datai Network, Echopy, Eurexa AI, Everlyn, JoJoWorld, Super Protocol, and TermiX are featured. The DeFi sector includes BitFi and LIKWID, while the DePin sector features XPIN. In the DeSci sector, Citadel Labs and Stadium Science are highlighted. The Gaming and Entertainment sector includes Oneverse and TCOM Global, and the Infra sector features Pieverse.

Sarah S, Head of Business Development at BNB Chain, expressed enthusiasm about the collaboration, stating that MVB offers a unique opportunity for projects to connect with industry leaders and access the mentorship and resources needed to grow. Alex Odagiu, Investment Director at YZi Labs, emphasized the commitment to supporting visionary founders building the future at the intersection of technology and impact. Rush, CEO of CoinMarketCap, highlighted the unparalleled opportunity for innovative Web3 builders to access top-tier expertise, resources, and investment from industry leaders.

At the conclusion of the 4-week accelerator, the 16 project teams will showcase and pitch their projects to investors at Demo Day. YZi Labs will make an investment decision based on the performance and pitches of the top-performing project teams. Users can follow YZi Labs, BNB Chain, and CoinMarketCap for the latest news on MVB 9. It is important to note that admission into the MVB Accelerator Program does not equate to any investment in the projects, and YZi Labs will make a final investment decision at the end of the MVB program.

BNB Chain is a community-driven blockchain ecosystem focused on removing barriers to Web3 adoption. It comprises BNB Smart Chain, a secure DeFi hub with the lowest gas fees of any EVM-compatible L1, opBNB, a scalability L2 with rapid processing speeds, and BNB Greenfield, which meets decentralized storage needs for the ecosystem. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program. YZi Labs manages over $10 billion in assets globally, with a portfolio covering over 250 projects from over 25 countries across six continents. CMC Labs is CoinMarketCap’s selective accelerator program for startups, supporting Web3 entrepreneurs with a range of expert services, including awareness raising, social amplification, bespoke content, and networking opportunities with top-tier ecosystems, VCs, market makers, and mentors.