🏙Binance is expanding its crypto incubator to five new cities
Crypto exchange Binance is expanding its venture arm beyond San Francisco. Binance Labs, plans to launch new incubator programs in Berlin, Buenos Aires, Lagos, Singapore, and Hong Kong starting in March 2019. In the inaugural program, eight teams were selected out of over 500 applicants to receive $500,000 and participate in the incubator program. Binance Labs looks for projects that can help add to the platform's infrastructure or potentailly offer tokens that can be listed on the exchange
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