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A Brief Overview of Four Projects Recently Invested by Binance MVB
Loopy Lu
读者
2023-08-05 07:06
This article is about 819 words, reading the full article takes about 2 minutes
The English translations for the Chinese words are: AltLayer, KiloEx, Kinza, Sleepless AI.

In recent days, Binance Labs announced the sixth season of MVB investment projects. MVB is an incubator project launched by Binance called "Most Valuable Builder". The project aims to support capable and forward-thinking builders, and accelerate the development of the BNB Chain ecosystem.

This event received more than 1400 applications, of which 53% of applicants came from North America and Europe, 36% of applicants were from the Asia-Pacific region.

The projects announced for investment this time include DEX, infrastructure, and the gaming field, totaling four projects: AltLayer, KiloEx, Kinza, and Sleepless AI.

Odaily will give a brief introduction to the four projects in this article.

AltLayer

Project website: https://www.altlayer.io/

Official Twitter: https://twitter.com/alt_layer

Just by its name, AltLayer gives users a clue about its use case. It is a "rollup" tool. With AltLayer, developers can quickly launch their own rollup.

The product is positioned as Rollups-as-a-Service, using AltLayer, developers can quickly deploy custom rollups using fraud proofs or zk proofs on the EVM network, all without writing code.

On the code-free dashboard, users can get a complete set of solutions from chain deployment to cross-chain bridges.

Currently, this project has partnered with multiple Web3 games. In the use case of games, AltLayer provides a convenient application chain infrastructure for Web3 games, which can provide games with low gas, high performance, and fast gaming experience.

KiloEx

Project website: https://www.kiloex.io/

Official Twitter: https://twitter.com/KiloEx_perp

KiloEx is a user-friendly DEX platform aimed at providing a DEX experience comparable to CEX for users. Currently, it only supports BNB Chain.

The feature of this product is that it can provide users with up to 100 times leverage, while providing risk-neutral positions for liquidity providers and LP-friendly solutions.

Kinza

Project website: https://kinza.finance/

Official Twitter: https://twitter.com/kinzafinance

Kinza is a lending protocol that calculates actual yields using a dynamic interest rate curve.

What sets this protocol apart from common lending protocols is the introduction of the ve(3, 3) model. The release of the platform's token aligns with the costs generated by the ve economic model. It also allows locked holders to guide future token releases and charge fees from the assets they vote for.

This product combines the ve model, bribery mechanism, and lending products. Currently, Kinza only supports the BNB Chain, with TVL of about $170,000.

Sleepless AI

Project website: https://love.projecthim.net/

Official Twitter: https://twitter.com/sleeplessai_lab

Sleepless AI is a virtual companion game based on AI and blockchain. Currently, the project has launched its first theme: HIM.

HIM is a virtual boyfriend otome game, and each boyfriend is an SBT character.

Sleepless AI uses AIGC and LLM to create engaging story-based games where players can interact with characters. In addition to HIM, the team is also developing other virtual companion games.

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The English translations for the Chinese words are: AltLayer, KiloEx, Kinza, Sleepless AI.
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