Discover the First 6 Projects from Binanceâs $100M Accelerator Fund

Nov 11, 2020 • 1 min read

Today, weâre proud to reveal the inaugural class of projects from one of the largest seed funds within the DeFi space.

Join us in celebrating AnySwap, Arkane Network, BakerySwap, Bitquery, PancakeSwap and Proxima, for being a part of this yearâs inaugural class of winners from our $100M accelerator fund. The projects were awarded a total of $350,000 in funds as well as access to comprehensive resources within the Binance ecosystem.

All told, we received applications from over 180 projects, and nominated six projects in total, with the winners selected based on a combination of factors, including: overall vision, team and product viability, execution ability, and contribution to the overall blockchain ecosystem.

The first round of projects capitalize on several different use-case scenarios, which highlights the scope and variety of applications within the DeFi space. Projects range from AMMs (Automatic Market Makers) and data platforms to gaming solutions.

Binance Smart Chain continues to bridge centralized finance, or CeFi, with the fast-growing world of DeFi. Other Binance-led innovations include the Token Canal project, which allows developers to connect Binance Smart Chain to other blockchains, enabling the transfer of network tokens both to and from our blockchain.

Together, letâs accelerate the development of blockchain technology and provide users worldwide with greater levels of financial freedom and opportunities.

Apply for the Binance Smart Chain Accelerator Fund if you have a DeFi project and want to join our next round of funding,

Join the Binance Smart Chain Developer Community on Telegram to learn more.