An Overview of Binance Labs Investment Landscape

Written by: aididiaojp.eth, Foresight News

In August this year, Binance co-founder He Yi announced that she would officially take charge of the venture capital department Binance Labs. In an interview, she stated that Binance Labs would look for early projects that could bring long-term benefits to the industry, noting that bear markets are a great time for investment, with a focus on investing in infrastructure, on-chain applications, data analysis, and security.

According to the official Binance Labs website, over the past three years, Binance Labs has invested in more than 200 projects across over 25 countries, with a funding scale of approximately $7.5 billion. Its investment landscape covers almost all major tracks related to Web3, including public chains, protocols, infrastructure, NFTs, blockchain games, the metaverse, DeFi, and CeFi.

The investment landscape of Binance Labs includes project introductions from the official Binance Labs website and some public information.

NFT

NFT Infrastructure

CryptoSlam is a multi-chain NFT data aggregator supported by Mark Cuban, Animoca Brands, Reid Hoffman, Ashton Kutcher, Polygon, and others.

Solv Protocol is a decentralized infrastructure provider for creating and trading financial NFTs, aimed at improving project fundraising through financial NFTs called Vouchers. Solv Protocol has released the ERC-3525 token standard, making it applicable for all future financial NFTs, unlocking more possibilities for innovation in DeFi.

NFKings is an NFT creative and production workshop aimed at building a sustainable digital creative space, with over 100 intellectual properties (IPs).

NFT Marketplaces

Refinable is one of the earliest NFT marketplaces built on the Binance Smart Chain.

Melos Studio is a decentralized Web3 music NFT platform.

StarryNift is a comprehensive gaming platform and one-stop NFT shop that has launched the Starryverse 3D Gallery, providing support for NFT projects in creation, incubation, auction, and trading.

GameFi & Metaverse

Games

Tatsumeeko is an MMO strategy game that introduces users to the world of cryptocurrency and NFTs seamlessly and engagingly through a Discord role-playing game available on iOS, Android, and the web.

Alterverse is an NFT-based blockchain game that will be released in four phases, including SKY CITY, the sci-fi shooter OUTPOST, and the hardcore survival game REKT.

Elfin Kingdom is an NFT-based Web3 entertainment casual chain game.

League of Kingdoms is a strategy SLG chain game developed by Kudos.

Nine Chronicles is a decentralized online role-playing game running on a player-supported blockchain.

StarSharks is a chain game based on the BSC chain, grounded in marine ecology, using a SEA-SSS dual-token economic model as its foundational asset.

Voxies is a free 3D turn-based tactical RPG game based on the Polygon blockchain, launched by AlwaysGeeky Games in Q4 2021.

Heroes of Mavia is a casual base-building chain game.

StepN is a Web3 native game and lifestyle application that incorporates GameFi and SocialFi elements, powered by the Solana blockchain.

Block Ape Scissors is a Web3 blockchain game ecosystem and metaverse project.

GAT Network is an NFT game ecosystem on the Binance Smart Chain.

Skyark Chronicles is an interoperable JRPG chain game.

Alien Worlds is an NFT metaverse project on the WAX chain, with gameplay based on staking, Planet DAO, trading game cards, and cross-chain bridges.

Axie Infinity is an online game where players duel by having three collectible NFT creatures battle each other. Each Axie is unique and exists as an NFT.

MOBOX is a community-driven chain game platform that combines the advantages of decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming.

Infrastructure

Mythical Games is a chain game company based in Los Angeles, focusing on commercial and mass-market use cases, supporting a diverse development team made up of market leaders and innovators.

Cocos-BCX is a public chain for building multi-platform game operating environments.

Seascape Network is a community-driven chain game platform designed around DeFi and NFTs.

Ultiverse is a VR metaverse platform aimed at linking Web3 with VR-compatible virtual worlds.

Space is a commercial metaverse platform.

Community Gaming is a P2E tournament platform that provides a good gaming experience for tournament organizers and players. The platform features fast, transparent, and automated payment functions that do not require blockchain knowledge, allowing players to receive rewards immediately upon winning.

Highstreet is a metaverse service platform that allows other projects, brands, and games to build their projects on its metaverse platform. Highstreet's customizable sidechain is compatible with any chain and is currently experimenting with BSC and ETH, with plans to explore Avalanche in the future.

Sky Mavis is a tech-focused chain game studio and the developer of Axie Infinity, aiming to build the infrastructure that makes virtual worlds possible in the future.

Gaming Guilds

Gala Games is a chain game studio aiming to create the Steam platform for blockchain. In addition to games, it also involves art, music, film, and other digital lifestyles.

Merit Circle is a chain game guild organized as a DAO, providing competitive in-game assets, tactics, and strategy trading, as well as competitive revenue sharing for potential players.

Cosmic Guild is a chain game guild that maximizes the potential of NFT capital by connecting it with crypto gamers.

GAMEE is a casual mobile chain game company that connects players, brands, and crypto projects through gaming.

Netmarble F&C is a metaverse chain game platform under the South Korean mobile game developer Netmarble. It is based on blockchain technology and covers games, digital characters, entertainment, content (web comics, web novels), and commerce.

GuildFi is a Web3 infrastructure provider that connects games, NFTs, guilds, and communities. It has created an interconnected system where players' time and effort can interoperate across games and the metaverse.

DeFi

Trading & Liquidity

Spstake is a multi-chain liquid staking protocol that helps users stake PoS assets while earning DeFi yields.

Woo is a cryptocurrency liquidity platform featuring zero trading fees, deep liquidity, and customizable GUI.

Wombat Exchange is a multi-chain stablecoin trading platform designed for trading stablecoins with minimal slippage and maximizing yield.

Symbiosis Finance is a decentralized multi-chain liquidity protocol that aggregates liquidity from decentralized exchanges across all EVM and some non-EVM networks. It aims to address liquidity fragmentation across different chains and improve user experience when using DeFi and Web3 ecosystems.

Biswap is a decentralized exchange based on the BNB Chain, featuring a three-tier referral system and the lowest platform trading fees.

Injective Protocol is a decentralized trading protocol based on Ethereum, aimed at establishing a trustless, publicly verifiable, interpretable, liquidity-neutral, and front-running resistant technical solution.

DODO exchange is a decentralized trading platform powered by a proactive market maker (PMM) algorithm, built to enhance capital efficiency.

1inch Network is a one-stop access to decentralized finance protocols, aggregating liquidity from various decentralized exchanges to help users trade at better prices.

Asset Management & Yield

Tranchess is a tokenized asset management and derivatives trading protocol that enhances yield through various risk-return solutions.

Tranching Protocol is a market efficiency protocol that improves DeFi yield through yield optimizers and hedging solutions.

Bella Protocol is a DeFi asset management platform that allows users to deposit simply through complex arbitrage strategies and enjoy high yields.

Lending & Derivatives

ApolloX is a decentralized exchange platform.

Xend Finance is a decentralized credit protocol aimed at optimizing, improving, and enhancing the core business of global credit, eliminating barriers of traditional finance, and providing decentralized storage, lending, and investment services.

Cross-Chain

Band Protocol is a scalable decentralized cross-chain oracle that aggregates external data and APIs and connects them to smart contracts.

Push Protocol is a Web3 cross-chain communication protocol that enables cross-chain notifications and messaging for dapps, wallets, and users.

Copycat Finance is a decentralized cross-chain liquidity platform based on BSC.

Infrastructure

DefiDollar is a multi-chain DeFi protocol lab, with products including DUSD stablecoin index, ibBTC, and Opeth Finance.

Coin98 Labs is a multifunctional DeFi platform aimed at creating and developing DeFi protocol ecosystems and multi-blockchain application DeFi products.

CeFi

Trading Platforms

MX Global is a cryptocurrency trading platform offering Bitcoin trading, risk management, and blockchain management services.

Hg Exchange is a digital securities exchange aimed at facilitating cross-border issuance and trading of securities.

Bitsika is a payment platform focused on the African market, helping people make instant remittances across countries or regions, supporting buying and selling Bitcoin and BUSD.

Capitalise is a trading automation platform that provides platform capabilities through its proprietary AI, machine learning, and natural language processing (NLP) technologies, enabling brokers to further expand their existing product range, interact with traders, and generate new revenue streams.

Mobile Coin is a privacy payment protocol aimed at providing cryptocurrency payment and management services for mobile device users.

Public Chains & Ecosystems

Aptos is a Layer 1 public chain built by members of the original Meta (formerly Facebook) development team, utilizing the Diem programming language Move and Diem-BFT consensus technology.

Celestia is the first modular blockchain network that advocates dividing the consensus, settlement, execution, and other functions of a single public chain into different layers, enhancing performance by optimizing functional layers, and allowing specialized blockchains to deploy applications on top of it, optimized for scalability, flexibility, and interoperability.

Celestia relies on two key technologies: Optimistic Rollup and data availability proofs, and collaborates with the Interchain Foundation to bring Optimistic Rollup support to the Cosmos SDK.

Kava Network is a decentralized L1 blockchain with interoperability with Cosmos, supported by Ethereum developers.

Harmony is a decentralized high-performance blockchain that supports token delegation and compound block rewards, implementing a staking mechanism that penalizes double signing to protect blockchain security.

Polygon is a public chain built on Ethereum's Layer 2 scaling solution, enabling developers to build scalable DApps with low transaction fees without sacrificing security.

Figmet is a blockchain infrastructure provider that offers staking and technical support for over 60 PoS networks, aiming to enable investors and developers to easily build the next generation of the internet.

BitTorrent is a peer-to-peer file sharing protocol aimed at building a better internet for people to freely and securely share information.

Moonbeam Network is a smart contract platform compatible with Polkadot and Ethereum, designed to help developers easily build natively interoperable applications.

Nym Technologies is a privacy infrastructure provider based on the Mixnet protocol, creating a mixed network for anonymous cryptocurrency payments, messaging, and web navigation.

Tea is an on-chain open-source software building platform aimed at fundamentally changing open-source development by providing value to creators and maintainers who previously worked for free.

Cere Network is a decentralized data cloud platform based on Polkadot, providing a trustless, scalable global decentralized ecosystem for enterprises and consumers.

Astar Network is a smart contract platform in the Polkadot ecosystem that supports Wasm, EVM, and Layer 2 solutions.

Biconomy is a blockchain development tool provider aimed at helping blockchain developers build their Web3 projects more easily.

Axelar is a universal interoperability protocol that connects L1 blockchains through a decentralized network. Developers can make simple asynchronous calls through Axelar's SDK to seamlessly invoke contracts on another supported chain, with all its nodes supporting Ethereum, Avalanche, Cosmos, and other blockchain networks.

Bird.Money is a blockchain technology solution provider powered by machine learning for address-level predictive off-chain analysis.

Cartesi is a blockchain development operating system that allows developers to build decentralized logic using Linux and standard programming environments, maintaining the decentralization and security of the blockchain.

Celer Network is a cross-chain interoperability protocol that helps users quickly develop, run, and use highly scalable distributed applications on the platform.

MultiversX (formerly Elrond) is a highly scalable, fast, and secure blockchain platform suitable for distributed applications and enterprise use cases.

ZkSync is a scaling solution based on ZK Rollups architecture, aimed at expanding Ethereum technology and value without compromising security and decentralization, accelerating the mass adoption of cryptocurrencies.

Marlin Protocol is a Layer 0-based scaling solution.

Zecrey Protocol is an L2 scaling protocol based on zkRollup, aimed at protecting users' ownership of their assets, with privacy and scalability.

Manta Network is a Web3 privacy protection protocol that provides end-to-end privacy protection through leading cryptographic architectures like zkSNARK, aiming to offer more convenient privacy protection services for the blockchain ecosystem.

Dusk Network is a privacy blockchain protocol, a Layer 1 blockchain powered by zero-knowledge cryptography, designed with a consensus called "Proof of Blind Bid" to protect network privacy. Anyone can use Dusk Network to create zero-knowledge DApps.

ARPA is a privacy computing project that enables smart contracts, data privacy protection, and scalable computing sharding technologies.

Oasis Labs is a decentralized blockchain privacy computing platform aimed at addressing the pain points of performance, security, and privacy in blockchain.

Automata Network is a decentralized privacy service protocol aimed at enhancing the privacy protection capabilities of decentralized applications.

HOPR is a Layer 0 metadata privacy protection protocol that can be used for connecting devices to the cloud and achieving on-chain privacy transactions.

Cross-Chain

Multichain is a cross-chain router protocol that supports asset transfers between multiple networks, including Ethereum, Arbitrum, Avalanche, BNB Chain, Fantom, Polygon, and Moonbeam.

LayerZero is a trustless cross-chain communication protocol that utilizes the technology principles of light nodes, separating the trust elements of intermediate chains to achieve higher security at lower costs.

Wallets

Sender is a non-custodial wallet based on NEAR.

Web3Auth is a distributed custodial EOA wallet that supports social login and allows users to connect with community accounts to verify their identity across various applications.

Math Wallet is a multi-chain crypto wallet that can be implemented as a browser extension.

Web3

Social

Socios is a fan token application based on Chiliz, supported by the Chiliz sidechain, allowing sports teams to issue fan tokens. The application enables fans to gain tokenized voting rights in their favorite clubs while allowing fans to interact with their teams and providing unique rewards, including experiences of exciting moments in events, predicting game outcomes, and match day challenges.

JuventusFC is a World Cup token project for Juventus Football Club based on Chiliz, with a total token supply of 20 million and a circulating market value of $14 million.

Chiliz is a blockchain-based esports voting platform.

Paragraph is a Web3 content publishing platform founded by Colin Armstrong in 2021, helping authors, DAOs, and NFT communities in the Web3 space monetize their content through integrated communication services. Content creators and community builders can manage their users or fans through membership mechanisms using NFTs or ERC-20 tokens.

BBS Network is a blockchain-based forum where all key data is stored on-chain, with each post being an NFT, resistant to censorship and maintaining network openness.

Audius is a content creator-led music sharing and streaming protocol.

Contentos is a digital content blockchain platform that serves various DApp products, content creators, users, and advertisers, aiming to return rights to creators and content consumers.

Security

Ancilia is a cybersecurity provider offering automated real-time threat detection and prevention services as a SaaS product, supported by its proprietary behavioral analysis technology.

Certik is a blockchain network security company that uses cutting-edge formal verification and artificial intelligence technology to protect and monitor blockchains, smart contracts, and Web3 applications.

Salus Security is a comprehensive blockchain security company providing automated smart contract audits and manual vulnerability detection services.

Keylabs is a company focused on cryptocurrency, blockchain, and hardware security, offering cryptocurrency wallet technology, secure storage, smart contract security, multi-signature, and wallet auditing services.

Infrastructure

Lifeform is a visual DID solution provider that has developed a cross-platform 3D virtual avatar editor, enabling people to use decentralized identity authentication (DID) and retain multiple zero-knowledge anonymous digital identities through NFTs.

Magic Square is a Web3 App Store solution where the community reviews and prioritizes applications through a DAO mechanism, incentivizing user and validator participation and usage with clear revenue metrics. Project developers can easily expand their user base through Magic Store and Magic Boost.

Numbers Protocol is a decentralized image network aimed at creating community, value, and trust for digital media, helping users retain data ownership.

SPACE ID is a decentralized domain service protocol that allows users to bind their identities across multiple chains, enabling the community to build their top-level domain services through the SPACE ID network.

Reveel is a Web3 revenue-sharing protocol for Web3 creators to track their portfolios, automate revenue sharing, and report on-chain income.

Mint.Club is a smart token building platform that provides instant liquidity without coding.

Litentry is a decentralized cross-chain identity aggregation protocol based on the Polkadot ecosystem, supporting user identity linking across multiple networks. Users can manage their identities through the security tools provided, and DApps can obtain real-time DID data of identity owners across different blockchains.

Dune Analytics is a blockchain data analysis tool that provides highly granular raw on-chain data analysis.

Covalent is a data infrastructure provider that offers rich data support for blockchain ecosystems through proof-based open protocols.

Others

Forbes is a global media company focused on business, investment, technology, entrepreneurship, leadership, and lifestyle.

Alpha Venture Dao is a DAO for Web3 builders aimed at exploring and innovating in the Web3 world, bringing immense value to Web3 users.

DoraHacks is a geek and developer community established in 2014 and is one of the internationally renowned hackathon organizers, aiming to provide a series of tools such as quadratic funding, grants, hackathons, and bounties to incentivize the development of the global open-source community.