The BNB MVB IV has gone LIVE and will take place from January to April 2022, co-organized with DoraHacks. In accordance with the previous announcement about the BNB $1 Billion Growth Fund, $300 Million is dedicated to the MVB Program, to support projects during the early stage on MULTI chains in order to bootstrap their growth!
MetaFi - Smarter DeFi towards the Web3 Universe
To realize the vision of building towards MetaFi, the MVB IV is looking for advanced DeFi lego & Infrastructure to empower the next generation of Defi, NFT & GameFi projects, as well as protocols that re-define finance altogether. As prerequisites to bridge Web2 and Web3, aggregation and tooling projects are also desired to be seen. Let’s empower the next generation of DeFi by funding the best BUIDLers!
Register NOW: https://hackerlink.io/blog/guides/how-to-submit-your-buidl-to-bsc-mvb-program/
Highlighting the generous funding from BNB MVB IV - $300 Million is ready to fund the best applicants in the program! The BNB Fund team will conduct a Monthly Star Selection for all submissions, where they will evaluate elements such as design, innovation, team, security, community strength, etc. By the end of the 3-months Monthly Star Selection, only a total of 3 projects will be nominated by the MVB Committee as the MVB IV Top Players.
All Monthly Stars will be guaranteed with a $100K Pre-Seed/Launch funding and a $250-500K Seed/Launched direct investment from BNB Fund. The Final Top 3 players in the whole program will receive the 2nd round investment with $1M, $500K, and $200K, respectively.
Least to mention the participation perks, submissions are eligible to make way towards the MVB incubation program with top-tier mentorships; aided with varied resources such as marketing, community, security, and technical support; potential opportunities towards the Binance Labs Incubation Program; and of course, gas incentives! Take action today for your seat in MVB IV tomorrow!
How to register: https://hackerlink.io/blog/guides/how-to-submit-your-buidl-to-bsc-mvb-program/
Want to know more peer projects and find potential partners? Join the chat at ↓
Discord: https://discord.gg/aUMfQmuyUw (Please choose “DApp Developers at #choose-your-role” first)
Telegram: https://t.me/+E3VYcED6YchjMDNl
Benefits to join
- Chances to get funded by best crypto VCs like BNB Funds, Binance Labs and more!
- Invitation to join the MVB Incubation program - aid with Web2 and Web3 experts mentoring in the form of fireside chats, masterclasses, and more!
- Chances to leverage rich resources in marketing, community, security, and technical support.
- Compete for $300M prize pool, including $100K Pre-Seed & Pre-Launch direct investment for Monthly Stars, $250-$500K Seed/Launched funding, over $1.5M monetary rewards to the Top 3 Players. Don’t forget, gas incentives!
- Multi-chain BUIDLers are all welcome! Don’t hesitate to join if you’re not building on BNB at the moment.
Schedule
- Submission Period: January 2022 – April 2022
Apply here: https://hackerlink.io/blog/guides/how-to-submit-your-buidl-to-bsc-mvb-program/
- Monthly Star Selection: January 2022 – March 2022
- All submissions will be audited on the monthly basis by the BNB Fund team. The best ones will be shortlisted as the “Monthly Stars” and announced on the BNB blog and Twitter. *Unlimited shortlist*
- Final Top Players Selection: April 2022
- A decentralized voting mechanism will be implemented among the MVB Committee to seize out the FINAL 3 TOP PLAYERS from the Monthly Stars pool.
How it works
1. Read the registration guidelines to submit your application to DoraHacks website https://hackerlink.io/blog/guides/how-to-submit-your-buidl-to-bsc-mvb-program/
2. To avoid fake projects participating in the event and sharing the prize pool, please contact DoraHacks on Telegram (@hackerlinkofficial) to verify the project.
3. Join the BNB MVB Applicants group chats to get updated and know your peers!
Discord: https://discord.gg/aUMfQmuyUw (Please choose “DApp Developers at #choose-your-role” first)
Telegram: https://t.me/+E3VYcED6YchjMDNl
4. During the program, we will conduct multiple rounds of project live demos to let more people know your projects. Projects submitted earlier will gain more attention and exposure to attract more votes and funding opportunities.
5. Each month, the BNB Fund team will carefully evaluate participating projects based on multiple metrics. The best ones will be selected as MVB Monthly Stars and be promoted by BNB and DoraHacks blog and Twitter on a monthly basis. The selection will be completely merit-based and we will not put a cap on the number of Monthly Stars being selected.
6. At the end of MVB IV, we will end up with the best of the best - MVB IV Top Players. Only up to 3 projects will be selected from the pool of MVB Monthly Stars.
The committee consists of over 30 members from various backgrounds, including the BNB Fund team, top-tier web 2 & web 3 investment institutions, previous MVB Top Players, media & influencers, and renowned universities!
Who can participate
1. Web3 Infra
Solutions bridging Web2 to Web3 have amazing potential in the future. We’re particularly interested in scaling and interoperability solutions, digital ID/naming services, and Web2 API & tooling for Web3.
2. Advanced DeFi Lego
We’re looking for highly compatible DeFi legos that increase capital efficiency, provide liquidity as a service, and more.
Do apply if you’re exploring DeFi 2.0 (e.g. automaters, enhancers, extenders, derivatives), building sophisticated DeFi (e.g. lending, AMM, structured products & asset management), or developing tokenized funds & indexs.
3. Metaverse, GameFi & SocialFi
There is great potential for Metaverse, GameFi, and SocialFi, yet a lack of appropriate infrastructure and tooling projects.
We are interested in reliable and ubiquitous NFT tooling (e.g NFT Indexing), innovative NFT marketplaces, advanced GameFi infrastructure (e.g. prediction markets,GameFi asset DEX), and GameFi with sustainable tokenomics.
We are also interested in innovative dApps that redefine what social media could look like in Web3.
Prizes
- $300 Million luxurious prize pool
- Guaranteed investment directs to the Monthly Stars
- Pre-Seed & Pre-Launch: $100K
- Seed/launched: $250K-$500K
- Over $1.5M rewards for the Final Top Players (up to 3 Projects)
- 1st Place Prize: $1M (valuation subject to negotiation)
- 2nd Place Prize: $500K (valuation subject to negotiation)
- 3rd Place Prize: $200K (valuation subject to negotiation)
About BNB
As of today, Binance Chain and Binance Smart Chain (BSC) will become BNB Chain. A transition that highlights BSC’s connection with the BNB token and BNB ecosystem.
BNB, which stands for “Build and Build” (formerly called Binance Coin), is the blockchain gas token that “fuels” transactions on BNB Chain.
BNB Chain is comprised of:
BNB Beacon Chain (previously Binance Chain) - BNB Chain Governance (Staking, voting)
BNB Smart Chain (BSC) (Previously Binance Smart Chain) - EVM compatible, consensus layers, and with hubs to multi-chains.
About DoraHacks
DoraHacks is a global hackathon organizer and one of the world's most active multi-chain Web3 developer communities. It creates a global hacker movement and provides crypto native toolkits to help developers around the world raise funding for their ideas and BUIDLs. By far, more than 2000 projects from the DoraHacks community have received over $15 million in grants and other forms of contributions from supporters worldwide, and it has around 100,000 monthly active users from 152 countries. A large number of open source communities, DAOs, and more than 20 major blockchain ecosystems are already using Dora's infrastructure (hackerlink.io) for quadratic funding, community contribution, hackathon, bounty distribution, and governance of their developer communities.
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