Binance Labs – the venture capital and innovation incubator arm of Binance has officially begun Season 3 of their Incubation Program which aims to highlight some of the most promising projects in the blockchain space right now. Only 9 projects were chosen to take part and the one you really want to know about is Block Ape Scissors (BAS), a play-to-earn ecosystem built on Binance Smart Chain (BSC) that incorporates gaming, NFTs and DeFi all together to create a whole range of fun and rewarding opportunities for the Crypto space.
Binance Labs use this program to showcase the most forward-thinking Blockchain projects in development and provide them with invaluable support and guidance.
The Incubation Program works around several key focus points:
- All teams are invited to take part in weekly fireside chat sessions with the founders of Binance and other top Crypto mentors for in-depth discussions.
- The Incubation projects are given an 8-week timeline to get as much out of the program as they can in the form of mentorship from big industry players like successful portfolio companies of Binance Labs and potential investors.
- All teams will also exhibit at Binance Labs Demo Day to formally pitch the progress their projects have made to a wider audience of mentors and potential investors.
- Binance Labs will also provide additional services such as PR, marketing and fundraising advice.
Many previously featured projects have gone on to be hugely successful such as Polygon, Perpetual Protocol, Injective Protocol, SafePal, Cere Network and Dune analytics.
The BAS vision is to create what they call an ‘Earniverse’, a metaverse of its own that provides all users a method of which to participate in earning various levels of rewards in the many diverse games and mechanics introduced over time.
A complete ecosystem will be born that is able to sustain a wide range of revenue models in a never-seen-before use case, BAS is creating and developing utility based NFTs that will interact with these environments as part of the greater Play-To-Earn system.
Links for Block Ape Scissors:
Website – https://www.blockapescissors.com/
Roadmap – https://www.blockapescissors.com/about
Discord – https://discord.com/invite/ksgCut7xqF
Twitter – https://twitter.com/ApeBlock
Telegram — https://t.me/blockapescissors
SOURCE Block Ape Scissors