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What are the criteria for selecting projects to receive funding from Binance's $7 million blockchain incubator program?

avatarReason for GiftNov 23, 2021 · 3 years ago1 answers

Can you provide more details on the criteria used to select projects for funding from Binance's $7 million blockchain incubator program? What factors do they consider when evaluating project proposals?

What are the criteria for selecting projects to receive funding from Binance's $7 million blockchain incubator program?
Blockchain
Funding
Binance

1 answers

  • avatarNov 23, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, has its own criteria for selecting projects to receive funding. They focus on projects that have a strong technological foundation, a clear use case, a solid team, and a sustainable business model. BYDFi also considers the project's potential for market growth and adoption, as well as its alignment with their overall strategy. They aim to support projects that have the potential to disrupt and innovate the digital asset industry. The selection process involves a thorough evaluation of each project's whitepaper, team background, and market analysis. BYDFi's goal is to identify and invest in projects that have the potential to become leaders in the digital asset space.

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