The accelerator program will be looking to identify innovative talent in Vietnam, allowing new teams to see their ideas and projects flourish. Learn about the timeline of the program and how you can get involved.
Web3 Stars Accelerator
BNB Chain is coming to Vietnam, and will be on the lookout for projects aiming to make that pivotal next step in their Web3 growth journey. The registration period for projects looking to get involved will be a week long, from August 12th to the 26th.
This accelerator program will help shine a light on an exceptionally talented developer community in Vietnam. BNB Chain will be actively working to help projects realize their growth potential and reach international audiences, whether it be through building a larger community, or establishing more influence through a thriving product.
Eligible Participants
We’re looking for projects that need acceleration and that drive innovation and progress within the BNB Chain ecosystem as well as the whole blockchain industry. We welcome projects in all stages and at all valuations.
The focus is on finding projects with a unique market fit and a secure environment that delivers high-performing and efficient innovations to the ecosystem.
Whether you are building a product focusing on GameFi, DeFi, SocialFi or Infrastructure, we are very keen to learn about your progress and the ways in which we can help you make a serious impact.
Upon receiving the relevant applications in August, we will select 10 high-quality winners after four key considerations, and these 10 winners will begin the one-month incubation stage.
For the key indicators relating to what we’ll be focusing on in our search, refer to the information below:
- Innovation: The projects are innovative in product, business model or technology.
- Token Economics Sustainability: If the project already launched the token, the token economics should be sustainable.
- Team Strength: The team has a good track record, reasonable structure and enough developers.
- Ability to Scale Users : The team knows how to go to market and keep on growing the user base.
The selected participants will then be able to utilize the dedicated guidance and support from BNB Chain over the incubation period.
What to Expect From the Accelerator?
The teams will benefit from structured marketing support from BNB Chain that will involve AMAs, Blog Spotlights and amplification on a range of social channels.
Selected teams will also have an opportunity to split a $50,000 grant. Eligibility for this grant will be determined by the growth of the project in question.
Assistance in the form of our Gas Fee Incentives program, which allows for up to a 100% gas fee rebate, will also be provided, helping projects in making it easier to attract users and build volume.
Throughout these practical efforts to help projects, BNB Chain will also be on hand to guide and connect our Web3 Stars with important and strategic relationships with other thriving members of the ecosystem. This is in lieu of allowing different parts of our ecosystem to come together and benefit from the important work each is doing.
The culmination of the selection process will see the chosen projects invited to an expansive Demo Day on September 7th which will be screened on the BNB Chain YouTube channel and Binance Live. During this event the teams will be able to showcase the exciting products they have been working on in small presentations, after which a winner will be announced.
Projects that outline themselves as being innovative and receptive to growth efforts will also go on to receive recommendations for participation in forthcoming BNB Chain Hackathons and incubation programs.
In addition to the support outlined above, BNB Chain will also be actively involved in helping your team improve the construction of your products by helping with API, data tracking and outlining effective security audit measures.
How to Apply
The application process is straightforward and takes only a few minutes to complete. Applicants have to register via a simple form that gathers basic information about the project so we can understand what you’re buidling.
Click here to register for #Accelerator now!
If you have any questions about this, you can join our Vietnamese Telegram group to communicate with us.
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