The collaboration by Foresight Ventures shows dedication to fostering innovation and empowering early-stage blockchain initiatives.
Venture capital firm Foresight Ventures is committing up to $25 million to support live projects on BNB Chain in 2025, as part of the BNB Incubation Alliance (BIA). The BNB Incubation Alliance, launched by BNB Chain and YZi Labs (formerly Binance Labs), serves as a dynamic accelerator for early-stage Web3 projects.
BIA features a comprehensive support framework that includes access to the Most Valuable Builder (MVB) program, potential YZi Labs funding opportunities, and BNB Chain grants. Selected projects will also benefit from the innovative Launch-as-a-Service (LaaS) package, streamlining their development journey within the BNB ecosystem.
“Our commitment to supporting projects in the BNB Incubation Alliance reflects our enduring mission to support visionary entrepreneurs and emerging blockchain projects. By backing projects within BIA, we aim to bridge promising ideas with the essential resources and networks they need to thrive. This collaboration reinforces our belief in the transformative power of blockchain technology and our responsibility to foster its adoption globally.” said Forest Bai, Co-Founder of Foresight Ventures.
The BNB Incubation Alliance will conduct a series of global events designed to showcase early-stage projects and connect them with industry leaders, investors, and experts. These events will spotlight ventures in incubation, offering unparalleled opportunities for collaboration and knowledge exchange.
“The BNB Chain ecosystem continuously works to catalyse projects’ success through initiatives like BIA from ideation to maturity and ecosystem incentives, empowering builders to succeed and thrive ” said a spokesperson of the BNB Chain Core Development Team.
