BNB Chain has partnered with Web3 Startups Program from Google Cloud to support projects in its Most Valuable Builder (MVB) program, now in its eighth season.
The MVB program is designed to assist developers and entrepreneurs in creating innovative applications on the BNB Chain, with an emphasis on expanding decentralized apps within its ecosystem. This season, up to 40 projects will benefit from additional support provided by Google Cloud.
Selected projects will receive extensive support from Google Cloud, including up to $350,000 in cloud credits for AI-focused Web3 projects and up to $200,000 in credits for other Web3 projects, distributed over two years. This support will allow developers to access powerful cloud resources and scale their projects more effectively.
The MVB program is a four-week accelerator aimed at founders and developers dedicated to advancing the BNB Chain ecosystem. It is a collaborative initiative led by BNB Chain, in partnership with Binance Labs, a venture capital and startup incubator, and CMC Labs, an accelerator program from CoinMarketCap.
Through the MVB program, BNB Chain seeks to drive the growth of the entire blockchain ecosystem by supporting projects that deliver long-term value.
BNB Chain is a blockchain network designed to support digital applications and projects in sectors like finance, virtual worlds, games, and digital art.
It comprises BNB Smart Chain, which facilitates financial transactions with low fees and community governance; opBNB, which enhances speed and reduces transaction costs; and BNB Greenfield, which allows users to securely store and manage data.
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Binance Labs, an investment arm, supports Web3 companies worldwide by providing funding and guidance to help them thrive under any market conditions. Meanwhile, CMC Labs by CoinMarketCap offers startups resources in marketing, networking, and expertise to connect with industry leaders.
Recently, BNB Chain, Binance, and Trust Wallet have collaborated to introduce “gasless” stablecoin payments. This innovation allows users to make stablecoin payments without incurring a separate transaction fee, commonly known as a “gas fee.”
Additionally, Binance Labs announced support for four new projects in the BNB Chain’s Season 7 MVB program: Aggregata, Opinion Labs, SideKick, and Vooi.
