Binance Labs Incubation Season 6 Starts Signing Up From Now Until 31 Jul

Key Points:

• Binance Labs has officially opened the application for the Season 6 Incubator Program.
• The deadline to apply for the program is July 31, 2023, at 11:59 p.m. PT.
• The program is aimed at startups in Infrastructure, Defi, and Application Layer.

According to the official blog, Binance Labs has opened applications for the 6th season of its incubation program for the first Web3 projects. The deadline to apply for the Binance Labs sixth season incubator is 14:59 on August 1, 2023, Beijing time (11:59 p.m. on July 31, 2023).

Through the Incubation program, Binance Labs is making a Request for Startups (RFS) in the following areas of interest:

Infrastructure

• MEV – block builders, embedded search strategies, relayers, and auction infrastructure.
• ZK Proofs – zkEVM optimization and proof size reduction.
• Layer 2 Scaling – ZK-rollups, recursive ZK, and decentralized sequencers.
• Modularity – app-chain thesis; separation of execution, settlement, consensus, and data availability layers.

Decentralized Finance (DeFi)

• Lending & Borrowing – mitigating risk and minimizing bad debt.
• Perpetuals & Derivatives – AMM-powered products.
• Investing – passive index and structured products.
• Liquid Staking – secure liquid staking pools, DeFi utility for liquid staking derivatives (LSD), LSD-backed stablecoins.
• RWAs – tokenizing real-world assets to bring practical yield and financial activity on-chain.

Application Layer

• AI-Powered DApps – with generative AI and plugins.
• Web 2.5 DApps – DApps for mass adoption with tokenization and utility, fully on-chain Web3 games, and DApps utilizing UGC or randomness.
• Analytics – on-chain data analytics and search engines.
• SocialFi – virtual influencers and virtual identities.

Since then, Binance Labs has held five rounds of the Incubation Program and selected suitable projects. This is also an opportunity for the community to learn because these are all potential projects invested in by Binance.

The winning project will be funded by Binance Labs, supported in many aspects such as resources, technology, and marketing, and connected with many partners and significant investment funds.

The last season of the Show received more than 900 applications. Through rigorous evaluation of applications, 12 project teams spanning the fields of infrastructure, zkDID, DeFi, tools, security, games, and payments were selected, of which five projected teams featured were invested by Binance Labs at the end of the season announced on June 20.

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