Introduction of 12 New Projects in Binance Labs Season 6 Global Incubation Program
Covering areas such as DeFi, infrastructure, and application layer.Author: Zen, PANews
On the evening of September 21, Binance Labs announced 12 incubation projects for Season 6, including infrastructure, DeFi, AI-driven DApps, and GameFi/SocialFi categories. The incubation program for Season 6 will start on September 25, 2023, and will provide a two-month comprehensive course offering resources from the Binance ecosystem and 1:1 guidance for founders.
Infrastructure
Vistara
A one-click aggregation deployment framework for designing and managing scalable infrastructure across different execution environments. Its application-specific aggregation, testing, iteration, and deployment in a modular ecosystem can be completed in just a few minutes, enabling any developer to have a seamless experience of writing, building, testing, failing, iterating, and succeeding.
UXUY
A decentralized multi-chain trading platform based on MPC and AA wallet technology. The GasPool feature of UXUY is a universal gas solution developed by them, where users can select the GasPool payment option during transactions, and the system will automatically use the cryptocurrency in the GasPool to pay for gas fees. This simplifies the trading operations for users when using DEXs, allowing them to trade without needing to understand the complex gas mechanisms.
According to the UXUY project team, it has received investments from Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Pionex, LK Ventures, Arcane Group, Daoverse Capital, Lapin Digital, and MEXC Ventures. UXUY currently supports 8 public chains: including Ethereum, BNB Chain, Tron, Arbitrum, Polygon, Avalanche, Fantom, and Optimism.
DeFi
Derivio
A decentralized structured derivatives ecosystem on zkSync, Derivio has established a liquidity-as-a-service derivatives model, focusing on execution and liquidity pool security to expand into creating new markets that offer better risk hedging. The first product planned for release by Derivio is perpetual digital options trading, provided in a liquidity-as-a-service model. After launching on zkSync, Derivio plans to launch on blockchain projects implementing zkEVM networks and NEAR.
BBOX
A decentralized exchange based on Linea that can quickly create trading pools for a wide range of assets while providing advanced yield strategies for liquidity providers. The project team has not disclosed relevant information at this time.
Ethena
A derivatives infrastructure provider dedicated to transforming ETH into the first crypto-native yield stablecoin USDe that does not rely on the banking system. USDe is fully collateralized on-chain and maintains stability by delta-hedging ETH collateral on centralized and decentralized exchanges; Ethena's second product will be built on USDe by capturing stETH yield and the fundamentals of the futures market: The Internet Bond.
Ethena has completed a $6.5 million seed round financing, led by Dragonfly, with support from crypto derivatives exchanges such as Deribit, Bybit, OKX, Gemini, and Huobi, as well as BitMEX founder Arthur Hayes and his family office Maelstrom.
Shogun
A chain-agnostic order flow aggregator and smart liquidity router for modular networks, initially launched on Cosmos cross-chain. Shogun optimizes user experience through order flow aggregation and smart liquidity routing on asynchronous networks. Its flagship product DIMM (Decentralized Interchain Market Maker) uses IBC and Interchain Accounts (ICA) to run automated logic for dynamic rebalancing strategies, leveraging any available on-chain liquidity for hedging.
AI-driven DApps
MyShell
An AI-based Web3 chatbot platform with proprietary AI and TTS (text-to-speech) models and a modular design. It allows users to create, share, and profit from AI bots, each with unique voices, memories, and conversational styles.
MyShell offers multiple registration methods; users can register via a Web3 wallet, use a Web2 account system, or register directly through email + verification code. After successfully registering through a non-Web3 method, the system automatically assigns an ETH custodial wallet to the registered user. Currently, users can send text and messages to the bots, with a maximum message length limit of 500 characters and a maximum audio message duration limit of 90 seconds. MyShell's membership is divided into three categories: default regular members, premium members, and the highest level, Genesis Pass holders, with different rights corresponding to each level. The Genesis Pass NFT is limited to 10,000 pieces and can be purchased on Opensea.
NPFrompt
NFP (Non-Fungible Prompt) is an AI-driven UGC platform with multi-modal proprietary models, including text-to-image/video/music models, allowing users to easily create NFT content, vote, and earn rewards from art events sponsored by Web3 projects. Its models use Midjourney v5 and Stable Diffusion, and the project team is currently exploring and developing its own models to better support NFT art creation. NFP plans to launch an Artwork Editor tool to allow users to further customize their NFTs within the application before publishing them on-chain.
QnA3
An AI-driven Web3 knowledge sharing and search platform. With its proprietary data lake, QnA3 enables users to easily access Web3 information and knowledge in Q&A formats.
GameFi/SocialFi
Cellula
A fully on-chain artificial life simulation game on Ethereum, which defines interactions between cells according to the rules of "Conway's Game of Life" and allows them to autonomously evolve on the blockchain. Players can observe the growth, reproduction, and evolution of these life forms in a virtual life space. "Cell" is the basis of the Cellula game, representing genetic fragments of organisms in the Cellula world. Some cells are vigorous, while others are weak. Cells can be combined on a synthesis platform according to certain rules to create powerful life forms. There are a total of 512 types of cells, with 10 variations for each type, resulting in a total of 5,120 cell groups.
Crypto Café
A learning community focused on blockchain and crypto themes, aimed at reducing the entry barriers for users engaging with digital assets. Users can learn about crypto and how it works, study blockchain technology, understand the differences between various cryptocurrencies, and earn "sip tokens" while learning.
MetaCene
A Web3 native MMORPG home game that supports mainstream gamers' easy access, founded by gaming experts with over 20 years of industry experience from companies like Shanda Games, Blizzard, and Perfect World. The game presents a surreal post-apocalyptic society where survivors interact with various NFTs, including PVE and PVP gameplay. MetaCene completed its Alpha testing in August and launched the MetaCene Apostle NFT series. The team is currently developing a mobile version and the first official version, scheduled for release in the fourth quarter of 2023.
