Binance Labs: Top 5 Altcoin Gems
TL;DR
Expecting big things from Binance Labs Top 5 Altcoin Gems. This week we’ll be looking at some of the best projects Binance has supported in 2023. Since its formation, Binance Labs has been aggressively growing its Ecosystem of Altcoin Gems. Completing Season 6 of its Most Valuable Builder (MVB) Event this year. Hundreds of projects submit their work hoping to be taken under CZ’s wing. With so much great competition, very few make the cut. Those who do are awarded an average of $10 Million to pursue their blockchain dreams. This has allowed Binance to cherry-pick only the best crypto projects to include in their roster. With an investment arm estimated to be worth over $9 Billion. Binance Labs has acquired over 200 projects spread across more than 25 countries. Making it a true financial blockchain force to be reckoned with.
As a permissionless network, anyone can launch any project they want on BNB Chain. But, there’s just something about a project that personally gets a pat on the back from Binance itself.
Binance Labs and the Binance Launchpad are two of the Exchanges biggest ways it invests in projects that want to help grow the BNB Network. We have full reports on Open Campus and Step’n as two of the most recent projects incubated by Binance’s Launchpad for you to check out.
Right now it’s time to dig into the Binance Labs side of things and see what going on. While there are hundreds of projects Binance has invested in over the years, we’re going to focus on what many consider BNB Chains rising stars. These are projects that have either recently launched or
