Even as the market languishes, innovation will be rewarded and supported through BNB Chain’s latest Most Valuable Builder V.
Innovation to Flourish in MVBV
BNB Chain continues to support leading developers through the recent market dip as it introduces the latest iteration of the lauded Most Valuable Builder program(MVBV).
MVBV will look to explore new opportunities as well as helping emerging projects establish themselves in the industry. With the current volatile landscape throughout the market, the latest iteration of the program will seek to offer stability for the most innovative and hungry projects out there. In a blog post made public on May 31, BNB Chain’s Matthew reiterated that the current volatility presents an opportunity for developers:
“Downturn markets are an opportunity to shape the future of crypto as all the noise cools down, and dedicated developers can focus on building products that users enjoy and benefit from. To help new and emerging projects get better access to the tools they need, we’re bringing you a partnership between BNB Chain and Binance Labs, who carry years of experience building in unexplored territories. Together we will focus on helping projects grow more organically through coaching and investments.”
MVBV will take place over three phases in a few months, with the initial registration and recruitment phase taking place from May 31 to June 24. After the initial registrations are complete, the second phase will begin, marking the ‘Curriculum,’ a period dedicated to coaching sessions and workshops from July until August. The final phase will allow the selected projects an opportunity to thrive with demo day’s selective investment and even post-event activities and support already underlined.
Who is BNB Chain Looking out for?
The team has already outlined their specific areas of interest, and the focus has not changed from previous MVB’s:
Infrastructure: middleware, cross-chain, security/risk control tools
DeFi: advanced DeFi, portfolio management, stream pay
GameFi: play to earn, game development tools
SocialFi: fan engagement platforms, creator content tools
Metaverse: virtual platforms, analytics & development tools
The team has underlined that they encourage all kinds of innovators to apply and take part if they do indeed believe in the potential of what they are constructing.
For those looking to take part, the application process is fairly simple. Applicants must complete a basic form that gathers information relating to the project they are working on and offers BNB Chain clarity on what exactly is being made. Prospective applicants can access the form here.
BSC News will be paying close attention to the progress of the latest iteration of MVB, with previous participants like BiSwap already thriving after taking their opportunity and allowing their innovation to flourish. Follow BSC News for the very latest on MVBV.
What is BNB Chain:
BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain-powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
For more information on BNB Chain, these links:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.