Binance's risk investment and incubation department, Binance Labs, announced the investment in seven best-performing projects in its sixth incubation program, namely Cellula, Derivio, Ethena, NFPrompt, QnA3, Shogun, and UXUY. It is reported that the incubator activity started in December 2023, and hundreds of projects applied to participate in the sixth season, of which 3% were accepted. In addition, Binance also stated that the incubator incubation program for the seventh season will be launched soon.
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The sixth phase of Binance Incubator has ended; investment in 7 projects including Cellula, Derivio, Ethena, and NFPrompt
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