Binance Labs, the investment arm of Binance, the world’s largest cryptocurrency exchange, invested in 7 startup projects in its 6th incubation season program.
In the announcement made on March 8, Binance announced that it is part of the 6th incubation program. Investing in 7 cryptocurrency projects He announced what he did.
Hundreds of projects applied for the 6th edition of Binance’s incubation program, the exchange only 3% acceptance He had. According to the statement, among the selected projects; Projects named Cellula, Derivio, Ethena, NFPrompt, QnA3, Shogun and UXUY received investment.
Binance had previously announced that it had invested in 3 of these projects, but with the end of the period the 7th also announced.
Derivio: It is a futures exchange on zkSync.
Ethena: It is a derivatives infrastructure provider that provides staking rewards.
Shogun: It is a decentralized finance (DeFi) protocol.
UXUY: It is a decentralized exchange (DEX).
Cellula: Blockchain strategy game.
NFPrompt: It is an artificial intelligence-driven platform that includes all standards such as NFT, inscription and ERC-404.
QnA3: It is an artificial intelligence supported web3 platform.