BNB Chain has announced the second iteration of the BNB Incubation Alliance (BIA), which is set to take place on July 26, 2024, during Bitcoin 2024 in Nashville. The event aims to support and accelerate the growth of early-stage blockchain projects on BNB Chain, according to the BNB Chain Blog.

Information on BIA Nashville

The upcoming BIA event in Nashville will serve as a platform for startups to gain visibility, connect with potential investors, and receive valuable feedback from industry leaders. Participants will have the opportunity to showcase their projects, network with venture capitalists, industry experts, and fellow entrepreneurs, and gain insights from panels and keynotes delivered by thought leaders in the Web3 community.

Event Details

The event will feature a lineup of founders showcasing their innovative projects, including Avalon, BitRivals, Colony, Dephy, Folks, GoldLink, IAgent, Moso, Rivo, RNDM, Trips, and ZKT Network. Attendees will have the chance to interact with some of the most exceptional talents in the industry.

Pitch day sessions will be judged by representatives from Binance Labs, Stanford Blockchain Accelerator, Franklin Templeton, Electric Capital, Framework, Polychain, Alchemy Ventures, ArkStream Capital, Chainlink, CMS Holdings, Cointelegraph Accelerator, Draper Associates, Outlier Ventures, and more.

Additionally, a panel discussion titled “Bitcoin vs. EVM: From Competition to Collaboration” will be led by David Tse, Founder and CEO of Babylon and a Professor at Stanford School of Engineering. Babylon is expected to play a pivotal role in enhancing BTC DeFi and infrastructure within the BNB Chain, forging a strong connection with the Bitcoin ecosystem.

Unlocking Opportunities for Blockchain Innovators at BIA

A key highlight of the BIA program is the opportunity for winning projects to be fast-tracked into the Most Valuable Builder (MVB) program, receive BNB Chain grants, and gain access to the Launch-as-a-Service (LaaS) package. This initiative provides access to resources and strategic partnerships essential for growth and innovation within the BNB Chain ecosystem.

Transforming Ideas into Real-World Solutions

BNB Chain aims to help startups and developers achieve real business success by providing resources, guidance, and strategic partnerships. By fostering an environment where innovative ideas can thrive, BNB Chain ensures that startups receive not only financial support but also mentorship and industry connections needed to turn their visions into reality.

Pre-Deployment Support

BNB Chain offers the following pre-deployment support for projects:

• Hackathons: Quarterly hackathons with different themes, where successful projects can enter the BIA incubation program.
• BIA: Incubation of handpicked projects showing immense promise, with top performers entering the MVB program.
• MVB: The MVB accelerator program offers numerous benefits for Web3 builders, with only 2% of applicants getting selected.
• Builder Grants: Projects performing well in the MVB can receive grants up to USD 200,000 per project.

Post-Deployment Support

Post-deployment, BNB Chain offers the following support for projects:

• Incentive Programs: Regular incentive programs related to DAU, TVL, and trading volume milestones.
• Access to Strategic Partnerships: High-value strategic partners offering valuable connections and collaboration opportunities.
• Close Collaboration with Industry Leaders: Support from BNB Chain core contributors and developers.
• Extensive Support and Resources: Advisory support, resources, tools, and tailored curriculum for long-term growth.
• Launch-as-a-Service (LaaS): Comprehensive support package for projects to launch and grow their dApps on the BNB Smart Chain.

The BNB Incubation Alliance at Bitcoin 2024 in Nashville promises to be a significant event for blockchain innovators, providing a platform for visibility, networking, and growth within the BNB Chain ecosystem.

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