Upcoming Binance Labs Incubation Program “going global”
Binance Labs, in this new year, has come up with opportunities to reach wider mass of crypto lovers by its upcoming Incubation program. A global setting across a number of countries is on the cards of the program. Binance Labs functions as a funding initiative to invest in blockchain based projects and boost the cryptocurrency entrepreneurs to cement their footing in this space.
The international locations for the next incubation program are Lagos, Berlin, Buenos Aires, San Francisco, Hong Kong and Singapore across five different continents including Africa, Europe, South America, North America and the last two in Asia, respectively. The Labs envisions to support the fresh business teams to take off their project. As the official page reads, it is the ”Strongest Network of BUIDLers in Blockchain” that has an objective of improving the crypto ecosystem by resolving the issues related to it.
Binance Launchpad, a startup transforming platform, is gearing up to take off in 2019 with Tron’s BitTorrent and Fetch.AI as initial projects. It was announced that only those Binance users, whose ID verification is completed and have satisfied the eligibility criteria, can avail the Launchpad. The upcoming weeks will see further announcements on the two aforementioned blockchain based initial projects. BinanceLaunchpad provide the startups a platform to raise funds and holistic assistance for developing their products.
Also, a recent Instagram post showed a Ledger Nano hardware wallet with Binance Chain option on the wallet’s display screen. This post was ahead of the exchange’s chain launch that is about to happen this year. The post said that the Binance DEX [Decentralized Exchange] is in active development. Binance DEX is set to launch in 2019. Binance chain is the native blockchain of the world’s second-largest exchange. The blockchain is currently a work in progress and will be rolled out this year. The chain will serve as a platform for issuing cryptocurrencies backing various projects.
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