BNB Chain’s ‘Innovation Incubator’ To Nurture Web3 Startups in EU

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  • BNC Chain launches “innovation incubator” program to supplement Web3 startups.
  • BNB Business Director says it will provide concrete training for innovation in Web3.
  • The program is scheduled for November 21st and will continue until December 11.

BNB Chain, Binance’s blockchain network, is launching the “Innovation Incubator” program. The three-week virtual program launched with the initiative of supplementing startups within the Web3 space will target European developers to build and scale decentralized applications.

Binance took to Twitter to inform the crypto community about some of the biggest names in the Web3 arena that have pitched to support developers.

Furthermore, the program will educate developers with hands-on sessions and mentorship on technology, design, tokenomics, and go-to-market strategies from BNB Chain’s specialists and its partners.

Subsequently, the Senior Business Director at BNB Chain, Zoe Wei, commented that this program provides concrete training and community support to help in bringing the most creative apps to Web3 in Europe. He further stated:

We are determined to provide the finest infrastructure to enable European Web3 projects to grow and scale. To effectively build consumer-scale experiences, developers must consider accessibility and scalability – the ease of adoption and usage for both experienced web3 users and beginners.

Ultimately, the program will fulfill Wei’s objective, which is to guide European builders to make early commitments to these fundamentals in order to grow large user bases in the long term.

It is worth noting that although the program is planned to be virtual; however, exclusive offline meet-ups will be organized in Lisbon, Paris, London, Berlin, Barcelona, and Warsaw for projects, partners, and community members, according to BNB.

Finally, applications will be accepted from October 10 to October 23, 2022, while the Innovation Incubation program is planned from November 21 to December 11, 2022.

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