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Vietnam-based accelerator program announced by BNB Chain

Reporter Colin Wu posted on Twitter that Binance’s blockchain, BNB Chain, has just opened the first Web3 Stars accelerator ever in Vietnam.

Ten incubation-stage initiatives will be chosen by the company to get community support and promotion through BNB Chain.

The largest startup to graduate from a Binance accelerator program is cryptocurrency game developer Axie Infinity, which entered its launchpad event in 2020 and received $152 million at a valuation of $3 billion last year. A fifth cohort is now being accepted into Binance’s incubator program.

After receiving 650 submissions, the business named the 27 finalists of its Most Valuable Builder incubation program in July of last year. For initiatives utilizing the BNB Chain, this course provides money and mentoring. Workshops, networking events, master courses, and funding-focused final displays with VCs and Binance partners are all part of the eight-week program.




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