Original author: Zen, PANews
On the evening of September 21, Binance Labs announced 12 incubation projects for the sixth quarter, including infrastructure, DeFi, AI-driven DApp, and GameFi/SocialFi. The sixth season of the incubation program will launch on September 25, 2023, with a comprehensive two-month course to provide founders with resources from the Binance ecosystem and 1:1 guidance.
Infrastructure
Vistara
A one-click rollup deployment framework for designing and managing scalable infrastructure across disparate execution environments. Its design of application-specific rollup, testing, iteration, and deployment in a modular ecosystem takes just minutes, making it a seamless experience for any developer to write, build, test, fail, iterate, and succeed.
UXUY
A decentralized multi-chain trading platform based on MPC and AA wallet technology. UXUYs GasPool function is a universal Gas solution developed by it. After the user selects the GasPool payment option during the transaction process, the system will automatically use the cryptocurrency in the GasPool to pay for Gas fees. It can simplify users trading operations when using DEX, and they can trade without understanding the complex Gas mechanism.
According to the UXUY project team, it has received investment 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 class
Derivio
A decentralized structured derivatives ecosystem on zkSync, Derivio has built a liquidity-as-a-service derivatives model with a focus on execution and pool security in order to scale it to create new markets that offer better risk hedging. The first product Derivio plans to release is perpetual digital options trading, offered in a liquidity-as-a-service model. After launching on zkSync, Derivio plans to launch on blockchain projects implementing the zkEVM network 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 party has not publicly disclosed relevant information.
Ethena
A derivatives infrastructure provider working to transform ETH into USDe, the first crypto-native yield stablecoin that does not rely on the banking system. USDe is fully collateralized on-chain and maintains stability via Delta-hedged ETH collateral on centralized and decentralized exchanges; Ethena’s second product will be built on USDe’s foundation by capturing stETH yields and futures market fundamentals Top: The Internet Bond.
Ethena has raised $6.5 million in a seed round led by Dragonfly, with support from crypto derivatives exchanges 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 intelligent liquidity routing on an asynchronous network. 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 Powered DApp Class
MyShell
AI-based Web3 chatbot platform with proprietary AI and TTS (text-to-speech) models and modular design. It enables users to create, share and monetize artificial intelligence bots, each with a unique voice, memory and conversational style.
MyShell provides a variety of registration methods. Users can use Web3 wallet, use Web2 account system, or register directly through email + verification code. After successful registration through non-Web3 methods, the system will automatically assign an ETH managed wallet to the registered user. Currently users can send texts and messages to the bot, with messages limited to a maximum length of 500 characters and audio messages ending in 90 seconds. MyShell members are divided into three categories: default ordinary members, premium members and the highest level of Creation Pass. Different levels correspond to different rights and interests. The Creation 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 a multi-modal proprietary model, including text to image/video/music models, allowing users to easily create NFT content, vote and receive rewards from art activities sponsored by the Web3 project . Its model uses Midjourney v 5 and Stable Diffusion. The project team is currently exploring and developing its own model to better support NFT art creation. NFP plans to launch the Artwork Editor tool in the future, allowing users to further customize within the application before releasing NFT on the chain.
QnA 3
AI-driven Web3 knowledge sharing and search platform. With its own proprietary data lake, QnA 3 makes it easy for users to access Web3 information and knowledge in QA.
GameFi/SocialFi class
Cellula
A fully on-chain artificial life simulation game on Ethereum that defines the interactions between cells according to the rules of Conways Game of Life and allows them to evolve autonomously on the blockchain. Players can observe the growth, reproduction, and evolution of these life forms in the virtual life space. Cells are the basis of the Cellula game and are genetic fragments of organisms in the world of Cellula. Some cells have strong viability, and some cells have weak viability. Cells can be spliced together on a synthetic platform according to certain rules to synthesize powerful life forms. The total number of cells is 512, with 10 types of each cell, and the total number of cell groups is 5120.
Crypto Café
A learning community dedicated to blockchain and crypto topics that aims to reduce barriers to entry for users exposed to digital assets. On this platform, users can learn about crypto and how it works, learn blockchain technology, understand the differences between each cryptocurrency, etc., and at the same time earn sip tokens while learning.
MetaCene
Web3 native MMORPG home game supports mainstream game players to easily access it. It was founded by game experts with more than 20 years of industry experience from Shanda Games, Blizzard, Perfect World, etc. The game presents a surreal post-apocalyptic society where survivors interact with different NFTs, including PVE and PVP gameplay. MetaCene completed 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 to be released in the fourth quarter of 2023.
