Making the Best, xBank Joining Binance’s Most Valuable Builder Accelerator Season 6
xBank is An NFT Open Money Market Powering Web3 Adopters with Onboarding Leverage By Lowering Opportunity Cost with NFT BNPL and Improving Money Efficiency for Holders with Collateral Selling and Cross-Margin Credit.
We are delighted to announce that we have been selected by Binance Labs as one of 12 projects to participate in MVB’s sixth accelerator cohort.
Binance Labs is driving a distinctive program aimed at expediting the development of projects built on the BNB Chain, which is currently on its sixth cohort and has contributed to numerous successful projects on the BNB chain. As an affiliate of the largest cryptocurrency exchange in the world, Binance, the BNB Chain has the largest number of unique wallets, with approximately 280 million wallets that are compatible with the Ethereum Virtual Machine (EVM).
Binance’s MVB6 accelerator program received over 1,500 applications from around the world, with 53% from North America and Europe and 36% from the Asia-Pacific region. The fully competitive election and strict due diligence make it less than 1% of admissions.
As a part of the MVB Accelerator, xBank is building an NFT Open Money Market, making use of Web3 funds and assets to provide trading opportunities and incentives for newly onboarded Web2 users. Our portal app with viral marketing tool will hook more Web3 onboarders and our consumer credit protocol will improve the liquidity of NFT and other asset liquidities by providing more buy-in power.
We will continue to share exciting announcements in the future. You can also learn more about the Binance Labs MVB Cohort VI here.
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