Investors may find it hard to search for the right token or coin that fits their needs. Given the large number of cryptocurrencies available. So, one of the easiest ways is to “outsource” the search process to legitimate platforms and launchpads.
For example, Binance Labs regularly publishes new listings. So, successful projects must be of the highest caliber. Binance’s policies state that the exchange only accepts roughly 2% of applications. This means that only the projects with the best outlooks have a chance. In this article, we’ll show you six gems backed by Binance and confirmed and speculated airdrops.
Projects backed by the biggest companies are more likely to make x100
Tracking their investments is all you need to make easy money
So here are more than 12 gems backed by @binance🧵👇
Bonus : Confirmed and speculated airdrops 🪂 pic.twitter.com/nxY3m76hM3
— Faycy (@Faycy_crypto) September 24, 2023
Rollups are getting more popular than ever before. So it was no surprise when Binance announced in August 2023 that it had invested in Altlayer, a rollup-as-a-service for dApps scaling. Altlayer helps projects and developers easily integrate rollups into their projects.
AltLayer basically functions as a collection of multiple unique optimistic rollups, each securely attached to an underlying Layer 1 base such as Ethereum or a Layer 2 base like Arbitrum and Optimism. In addition, each is tailored to suit a specific use. AltLayer accommodates both EVM and WASM natively, as it was designed with a multi-chain and multi-VM ecosystem in mind.
📢 We are super stoked to announce the launch of 𝐓𝐮𝐫𝐛𝐨 – 𝐀 𝐑𝐨𝐥𝐥𝐮𝐩 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐖𝐨𝐫𝐥𝐝 that we have been building for quite some time at @alt_layer.
— AltLayer (@alt_layer) September 22, 2023
AltLayer received a staggering $7.2 million in seed funding last year from Polychain Capital, with backing from Jump Crypto and Breyer Capital. Also, there is currently no specified information on any token sale for this project. But being backed by Binance is a good sign.
Web3go is an AI blockchain data startup. The project has already raised $4 million, led by Binance Labs, HashKey Capital, NGC, and Shima Capital. Web3Go is a graduate of one of Binance Labs’ incubation programs. It plans to use blockchain technology to help verify ownership of AI-native digital assets.
We are so thrilled to announce our latest update: Web3Go Brand Trinity.
Meet them here⬇️ pic.twitter.com/1J75Z4pjjj
— Web3Go 🚀 To the DIN (@Web3Go) September 6, 2023
Web3go also offers a set of data tools that help create that asset type. These tools include a data curation protocol that processes ownership verification and real-time data processing features that help with on- and off-chain data computation and information flow.
zkPass is a privacy-focused platform that combines cryptographic technologies such as zero-knowledge proofs and multi-party computation to verify data. The Zkpass platform enables users to selectively and securely validate their data from any HTTPS website.
We expect zk-verification to become widely popular soon.@zkPass has developed a solution allowing users to generate a zk-proof of their identity or any private data(like bank balance, edu records, etc) on HTTPS from web sessions, eliminating the need to upload your privacy.
— zkPass (@zkPass) September 18, 2023
This way, Zkpass is suitable for different applications, including DeFi lending protocols and banking. Zkpass comes in handy when privacy and trust are needed. This protocol raised a $2.5M seed round funding from Sequoia China.
4) Mind Network
Mind Network is another Web3 project focused on data security and privacy. The project has already raised $2.5 million in a funding round with participation from Binance Labs, HashKey Capitals, Mandala Capital, Big Brain Holdings, Arweave SCP Ventures, Comma3 Ventures, SevenX Ventures, and others.
💫 #MindNetwork Monthly Recap | September 2023
September was conference season and we rocked it!
— Mind Network (@mindnetwork_xyz) September 29, 2023
Mind Network seeks to empower its users with end-to-end encryption and give them total control over their financial and personal data and user interactions. The project combines the basics of zero-trust security with zero-knowledge proofs and a patented adaptive Fully Homomorphic Encryption (FHE) to provide security.
5) Bracket Labs
Bracket Labs is pretty much an under-the-radar project with strong fundamentals. The project was one of the five initiatives that secured funding from Binance Labs in June. Bracket Labs is building leveraged structured products on-chain. It features an easy-to-grasp interface and innovative, adaptive pricing.
At Bracket Labs, we are leveling up the DeFi options game 👀
Our range-bound products, with various leverage and expiration dates, let you make money under any volatility conditions.
But how exactly are we different from other projects?
Read on to learn more 👇 🧵 pic.twitter.com/bNEV8SNIeU
— Bracket Labs (@Bracket_Labs_) June 19, 2023
Its core mission is to boost the adoption of its new financial primitives and help investors easily apply for financial leverage.
6) Kinza Finance
Our final project is Kinza Finance, a lending protocol seeking to create the best on-chain money market and focus on security. In addition, Kinza features Real Yield, which uses a dynamic interest rate curve and generates revenue from interest for the protocol and lenders.
🏗 Kinza Development Update 🏗
1. Protected Collateral mode enabled for BNB
2. WBNB deposits enabled for BNB lending market
3. UI improvements, including real-time balance updates, and reduced latency
4. Tokenomics front-end under development
Kinza keeps on building ⚡️ pic.twitter.com/nr9qqyPUeM
— Kinza Finance (@kinzafinance) September 12, 2023
Some of the projects on this list do not yet have their tokens on exchanges. However, each solves a unique problem in the market, making them notable. This protocol raised important funds from Binance Labs.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
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