Binance Lab is an arm of Binance whose aim is to grow the blockchain and crypto ecosystem through evaluating, exploring, investing and facilitating in ideas that promote adoption of cryptos.
Binance does this directly and also in collaboration with other industry partners and participates as limited partners. Binance Labs is an incubation program that, support the entrepreneurs in areas important in developing their project such as; securing funding, listing advice, technical review, talent recruiting, go-to-market strategy and business development, and, token models and distribution.
The second season of the program commenced in March 2019 and ended on June 2019, at the close of the period 13 projects graduated from the program. The 13 projects were given early traction and their demos.