🥚 Binance launches an incubator program to develop early stage blockchain startups

The program will take on around 8-10 companies per batch for a 10-week period, Binance Labs CEO Ella Zhang told TechCrunch in an interview. Binance Labs will hand out $500,000 to each participant in exchange for a 10 percent stake. Participants will have access to mentoring, technical advice, the Binance network, also support on non-technical organization-building activities like HR, admin and more.

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