Binance’s investment arm, Binance Labs, announced the first three projects it invested in in the sixth season of the Incubation Program.
According to the statement made by Binance Labs Ethena, NFPrompt And Shogun investments were made in the projects.
These three projects were among the 12 projects included in the sixth phase of the Incubation Program, which started in September 2023.
Ethenaaims to provide an infrastructure that will enable ETH to become the first stablecoin that is not tied to banking systems and provides crypto-specific returns.
NFPromptallows users to produce NFT content using their own commands, vote in campaigns organized by Web3 projects and earn returns from them.
Initially implemented on the Cosmos network Shogun It functions as an intelligent liquidity finder for modular networks.