Binance, the world's largest cryptocurrency exchange by trading volume, has just announced the launch of Season 3 of its Incubation Program.
According to the press release seen by iHodl, the program, which is scheduled to start next November 15, is aimed at supporting promising projects in the blockchain space.
Binance Labs has incubated market-leading and successful crypto businesses such as Polygon, Perpetual Protocol and Injective Protocol, among others, in its previous programs.
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As part of the program, projects will have a 8-week timeline for incubation projects to take advantage of the Binance Labs ecosystem, Binance Labs will support value-add services like PR & marketing and fundraising advice, incubation teams will join weekly fireside chat sessions with founders of Binance and other crypto mentors and incubated projects will exhibit at Binance Labs Demo Day.
At the moment, 9 incubation projects have been chosen from the Fall 2021 Edition of the Binance Incubation Program submissions: Block Ape Scissors, Tranching Protocol, GAT Network, Wombat, Bird.Money, Mint Club, Raydius, Copycat Finance and XII Braves (SkyArk Studio).
After the 8 weeks of the Incubation Program, Binance Labs will host an official demo day for the 9 projects, open to a broad audience of industry experts, mentors and investors.