Binance Labs, a subsidiary of the world’s largest cryptocurrency exchange Binance, continues to finance altcoin projects that offer innovation in the blockchain world. By funding these projects, Labs supports promotions, developers and therefore the progress of the projects.
However, the fact that Binance Labs invests in a project does not mean that the cryptocurrency will be listed on Binance. Still, this has the potential to be a good impetus for listing. cryptocoin.com In this article, we have compiled 13 altcoin projects that Labs has invested in but are not listed on the stock market. These cryptocurrencies have the potential to be traded on the world’s largest stock exchange in the future.
Binance may list these 13 altcoin projects
Nym (NYM)
Nym is a project that enables privacy-focused cryptocurrency transactions in the blockchain space. Although privacy-themed projects have been criticized by various governments recently, Nym builds trust with its development by researchers and scientists. The blockchain project has some features that provide both network and application-based privacy.
This platform also has a token called NYM. The NYM token is used to reward users and pay transaction fees, ensuring the sustainability of the project. NYM recently received investment from Binance Labs. Therefore, it is possible for it to be listed on Binance, just like Monero, another privacy-focused crypto.
Dora Factory (DORA)
Dora Factory is a service-based DAO infrastructure for on-chain governance and open source initiatives. The project is a platform on which DAOs can be easily created and serves their important needs for governance, fundraising and collaboration. It basically works as a layer-2 ecosystem on Polkadot and Ethereum network. In addition, the project allows hackers to develop themselves. It runs numerous hackathons and award-winning hacking contests.
Wombat Exchange (WOM)
Wombat Exchange provides facilities such as trading stablecoins with minimum slippage and staking with maximum efficiency. The project is basically a DEX platform that offers DeFi products and services. However, it also serves as a stablecoin swap platform built on Binance Smart Chain. WOM, the native token of the platform, can be used for various purposes such as governance, accessing stablecoin liquidity pools and staking.
pStake Finance (PSTAKE)
pStake Finance is a staking-oriented DeFi protocol. In this DeFi protocol, users can unlock staked assets. They can also stake their assets while maintaining their liquidity. Investors who stake their assets receive a token representing their assets. Accordingly, the token is called stkTokens. The project, which received investment from Binance Labs, is among the projects with a high probability of being listed.
MintClub (MINT)
MintClub serves in the field of Blockchain as a smart token creation platform. Investors do not need to have coding skills to create these tokens. In addition, tokens provide liquidity to their holders from the moment they are created. Users also have the advantage of being able to trade these tokens instantly without the need for liquidity.
Melos Studio (MELES)
Melos Studio, an innovative decentralized music NFT marketplace, was founded in Taiwan in 2020. It is a unique platform that allows artists, musicians and even creators to showcase their talents to a community of fans and users.
The Melos platform serves as a convergence point for creators, artists, and musicians (and their fans/supporters). Melos Studio’s ecosystem allows creators to earn money after their works are sold. Its ecosystem runs on the FLOW, ETH, and BNB blockchains and has received investment from Binance Labs.
Nine Chronicles (NCG)
Nine Chronicles Gold (NCG) is the main currency used in the Metaverse world called Nine Chronicles. Players will spend NCG to craft powerful items, trade with other users, challenge each other and accelerate growth. It is also possible for the Metaverse altcoin, which received investment from Binance Labs, to be listed on the stock market if it gains popularity.
Symbiosis (SIS)
Symbiosis serves as a multi-chain liquidity provider between EVM-compliant and non-EVM-compliant networks. Users have the advantage of exchanging any token and transferring liquidity within this platform. In short, Symbiosis works on easily moving liquidity and swapping any asset for another asset. It is among the promising projects that received investment from Binance Labs.
aptos
It is a Layer-1 Blockchain network developed by former Meta employees and built on the Proof-of-Stake (PoS) consensus mechanism. Written in the Move programming language, the network aims to offer users high scalability, security and usability. The goals of the project, which received investment from Binance Labs, include getting ahead of rival chains such as Ethereum and Solana.
StarSharks (FAQ)
StarSharks is an NFT-based mini-game platform that allows players to compete with each other. Players can earn rewards by winning battles and climbing the rankings in these minigames. These rewards are given with the SSS token. All characters and items in the games are included as NFT. Therefore, it is possible to generate income through NFTs in the game as well.
ultraverse
Ultimate combines Web3 with an immersive VR compatible virtual world. The project will host the first true AAA game in the blockchain space. With virtual reality based on Unreal Engine 5, players will have the advantage of importing and using their own NFTs from multiple chains. Ultimate tokenomics will foster an inclusive ecosystem with mutually beneficial relationships among stakeholders. Although the project has not yet been released, it has received support from Binance Labs.
Cosmic Guild (CG)
Cosmic Guild (Cosmic) is a community-first blockchain project where players from all over the world come together as a single community. This project aims to make Cosmic, an esports team, better.
Zecrey Protocol
Zecrey is a layer-2 protocol based on zk rollup that brings cross-chain support and privacy to your digital assets. It aims to solve two major problems facing the blockchain community. These; It is the lack of privacy and isolation in a diverse multi-chain ecosystem. The likelihood of being listed on Binance has increased as Binance Labs has invested in the project.
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