Original - Odaily

Author - Nan Zhi

Binance Labs announced the 13 early-stage projects selected for the seventh season of the accelerator program MVB VII. The 10-week accelerator program is jointly operated by the community-driven blockchain ecosystem BNB Chain and Binance Labs.

Odaily will analyze the project business, highlights and some basic information in this article.

DeFi projects

BitU

• Project Business: BitU is a crypto-native collateralized stablecoin protocol that leverages off-chain liquidity and efficiency to deliver higher yields. BitU enables users to mint BITU, a fully supported stablecoin, using major crypto assets supported by the protocol. BITU is a crypto-native stablecoin with passive yields designed to break the boundaries of on-chain funding and activity. BitU said that one of the most innovative components of its protocol is its Active Liquidity Management Module (ALMM), which enables risk management and portfolio liquidation, provides initial liquidity to BITU, and earns income through market-neutral strategies.

  A simple understanding of BitUs business is that the deposit interest rate and liquidity of USDT and USDC off-chain (that is, centralized exchanges) are higher than on-chain. This phenomenon is caused by security issues on the chain.BitU will use protocol (user) funds to generate revenue off-chain, and then reward users who use the protocol online。

• Potential highlights: Custodians include Ceffu, which according to Ceffu is “Binance exchange’s only institutional custody partner.” Last year, U.S. regulators described Ceffu as a “mysterious entity associated with Binance.”

• Current status: DApp has not been launched, and there is no content on Twitter.

• Project official website:https://www.bitu.io/

• Official Twitter:https://twitter.com/bitu_protocol?ref=bnbchain.ghost.io

Blum

• Project business:Composite exchange based on Telegram, according to the official website, it supports one-stop trading of all tokens. Example pictures include tokens on multiple chains such as BTC, APE, BONK, TIA, SEI, etc. In addition, Blum supports localized P2P transactions (local legal currency), uses off-chain order books and on-chain settlement, and supports custodial and non-custodial wallets.

• Current status: DApp has not been launched, Twitter has basically no content, and website jump links have not been set up yet.

• Project official website:https://www.blum.io/

• Official Twitter:https://twitter.com/Blumcrypto?ref=bnbchain.ghost.io

Surf

• Project business: License-free derivatives exchange. Each user can establish an LP pool for any token and exist as a counterparty to traders. When adding LP, they need to choose one of 0.05%, 0.1%, 0.3%, 1% and 3%. Traders have priority when trading. Match from low to high.

• Current status: DApp is online,The 24-hour trading volume is approximately US$150,000, and the total trading volume is US$35.11 million.. Twitter is officially operational.

• Financing information: In October 2023, Surf Protocol received US$3 million in financing, led by ABCDE Capital.
  

• Project official website:https://www.surf.one/trade/1

• Official Twitter:https://twitter.com/surf_protocol?ref=bnbchain.ghost.io

Vooi

• Project business: Cross-chain Perp DEX aggregator, supporting EVM and non-EVM chains. Currently supports Orderly, SynFutures, GMX, KiloEx. Supports multi-chain use of single-chain assets, and transactions are free of gas fees.

• Potential highlights: Support for KiloEx’s aggregation transactions. KiloE is an MVB VI project and has received investment from Binance Labs.

• Current status: Swap business is online, TVL is US$60,000. The cross-chain Perp DEX aggregator is not online. Twitter is officially operational.

• Project official website:https://vooi.trade/

• Official Twitter:https://twitter.com/vooi_io?ref=bnbchain.ghost.io

infrastructure

Aggregata

• Project business: A decentralized data community designed to promote the evolution of AI. Users create high-quality data, price it, and upload it directly to decentralized storage through Greendrive for Greenfield. AI datasets can be shared, sold, or found on the free market.

  Users earn tokens by contributing data, users retain full ownership and control of their data, treating data as an asset. Supports data sets, AI environments, and AI models to meet the needs of diverse AI projects, and provides rewards for data providers and downloaders based on various standards.

  Developers can leverage AI data and deploy solutions with one click, enabling them to quickly train, fine-tune, and perform model inference or build knowledge bases on servers with any computing power.

  In short, the protocol provides users with data for AI development, and users receive incentive tokens based on data provision and developer usage.

• Current status: The official website program is open for download, and Twitter will run for two weeks.

• Project official website:https://aggregata.xyz/

• Official Twitter:https://twitter.com/Aggregata_xyz?ref=bnbchain.ghost.io

Nesa

• Project business: Nesa is a lightweight Layer 1 that uses on-chain ZKML to perform critical AI reasoning for queries that require a high degree of privacy, security, and trust.

  Nesa was created as an alternative to ChatGPT and other centralized platforms today, providing privacy for question queries. These platforms are not responsible for their key transaction outputs, and there is no privacy of data and results. Nesa solves this problem with its ZKML solution.

  Nesa has established a decentralized query market with a reward economy system composed of AI developers, queryers, miners, and model reviewers.

  Nesas inference works by using Nesas ZKML Layer-1 to trustfully query off-chain AI models while keeping their hyperparameters and outputs private. After the mining network reaches a consensus, these trustworthy proofs are broadcast on the chain through the system oracle.

• Project highlights: Highly integrated with blockchain, novel in type, and the economic system can be closed-loop. However, there is a potential possibility that the privacy sector will be difficult to list on exchanges.

• Current status: The product is not online yet, and there is no content on Twitter.

• Project official website:https://www.nesa.ai/

• Official Twitter:https://twitter.com/nesaorg?ref=bnbchain.ghost.io

Nimble

• Project business: AI data and model economic protocol. Nimble is committed to creating an open economy for data and AI and will provide a decentralized framework that enables artificial intelligence models and data to be combined and reused. Networks of interconnected AI intermediaries, data providers, and computing resources replace centralized platforms. Anyone can own, run and train enterprise-grade AI through a decentralized network. Just like Google makes the worlds data accessible to everyone, Nimble aims to democratize the exchange of intelligence to enable permissionless innovation.

  Data contributors and model builders will receive incentives, and each DApp is a consumer. Potential uses mentioned by Nimble include decentralized social networks, decentralized social messaging, personalized recommendation systems, decentralized identity, on-chain security protocols, digital asset management, targeted user growth, decentralized content distribution, etc. .

• Current status: Twitter is officially operational.

• Project official website:https://www.nimble.technology/

• Official Twitter:https://twitter.com/Nimble_Network?ref=bnbchain.ghost.io

Application layer

Aspecta

• Project business: AI-driven developer economic platform.

• Current status: The product is online and Twitter is officially operational.

• Financing information: In March 2023, Aspecta announced the completion of a US$3.5 million seed round of financing. Aspecta’s seed round of financing consists of two phases, A and B. Phase A will be completed in April 2022, with participation from ZhenFund, Qiji Chuangtan (formerly YC China), UpHonest Capital, Yale Alumni Fund and other institutions. Phase B will be completed in November 2022, with participation from HashKey Capital, Foresight Ventures, SNZ Holding, Infinity Ventures Crypto and other institutions participated, raising a total of US$3.5 million.

• Project official website:https://aspecta.id/home

• Official Twitter:https://twitter.com/aspecta_id?ref=bnbchain.ghost.io

Holoworld

• Project business: Virtual AI character creation and social platform, allowing users to quickly create any virtual character and release it to the public.

• Current status: The product is online and Twitter is officially operational.

• Project official website:https://www.holoworldai.com/

• Official Twitter:https://twitter.com/HoloworldAI?ref=bnbchain.ghost.io

Opinion Labs

• Project business: Opinion economic market. The user makes a choice between two options for a question. Those who choose the majority will be rewarded with Alpha points and ETH/MNT tokens, and those who choose the minority will be rewarded with Beta points and future (platform) tokens.

• Current status: The product has been launched, and there is basically no content on Twitter.

• Project official website:https://app.alphaorbeta.com/

• Official Twitter:https://twitter.com/opinionlabsxyz?ref=bnbchain.ghost.io

Side Quest

• Project business: Community-oriented gaming and social platform.

• Current status: Officially running.

• Project official website:https://www.sidequestclub.xyz/

• Official Twitter:https://twitter.com/SideQuestWeb3? ref=bnbchain.ghost.io

Story Chain

• Project Business: AI-based Story Generator. The winning project of BNB Chain Hackvolution AI group.

• Current status: The product is not online yet, and Twitter is officially in operation.

• Project official website:https://storychain.ai/

• Official Twitter:https://twitter.com/StoryChain_ai?ref=bnbchain.ghost.io

Tilted

• Project business: Game asset market, allowing users to buy, sell and trade game props, skins and other NFTs on the chain. Tilted aims to create a decentralized marketplace for gamers to trade digital assets across different games. Example supported games include APEX, CS 2, PUBG, and more.

• Current status: The application is online and Twitter is officially operational.

• Project official website:https://twitter.com/tiltedstore?ref=bnbchain.ghost.io

• Official Twitter:https://tiltedapp.com/

in conclusion

Compared with the previous issue, this MVB VII has AI projects dominating the list, especially three of the infrastructure projects. Compared with some covert AI projects, they are more native and closely integrated with the characteristics of the blockchain and user needs. MVB VII may be expected to produce several projects of real value and ecological change.