<a href="https://www.cryptoknowmics.com/news/bitquery-raises-8-5m-in-seed-round-binance-labs-and-dao5-contribute">Binance Labs</a>, the venture capital arm and accelerator of the Binance exchange, has <a href="https://www.binance.com/en/blog/ecosystem/12-projects-selected-for-season-5-of-binance-labs-incubation-program-325926784915574914" target="_blank" rel="nofollow noopener">selected</a> 12 of the most promising projects for season 5 of its incubation program. The new season officially began on November 7.
<h2>Binance Labs Incubation Program</h2>
In addition to an 8-week program customized to founder requirements and supplemented with unique ecosystem tools, including roundtable talks with industry heavyweights and an investment-focused demonstration day, Binance Labs' biannual and chain-neutral acceleration program offers a platform that is chain-agnostic.

Binance Co-Founder and Director of Labs <a href="https://www.cryptoknowmics.com/news/co-founder-yi-he-to-lead-7-5b-venture-capital-arm-of-binance">Yi He</a> stated that Binance Labs has always been constantly seeking scalable and recession-resistant initiatives that the exchange feels is vital to the future of the <a href="https://www.cryptoknowmics.com/news/ntt-docomo-and-accenture-join-forces-to-promote-web3-adoption">Web3</a> sector.
<h2>12 Projects Launched by Binance Labs</h2>
The 12 initiatives chosen for incubation are as follows:
<ul>
 	<li>HANA EVM</li>
 	<li>DappOS</li>
 	<li>Bracket Labs Group</li>
 	<li>PIP</li>
 	<li>Notebook Labs</li>
 	<li>Wallet Guard</li>
 	<li>zkPass</li>
 	<li>Ontropy</li>
 	<li>Mind Network</li>
 	<li>Kryptoskatt</li>
 	<li>Sandbags Protocol</li>
 	<li>The Harvest</li>
</ul>
The incubation program focuses on empowering early-stage Web3 startups and assisting them in realizing their full potential, irrespective of market circumstances.

Binance Launches 12 Projects For Binance Labs Incubation Program

Binance Labs, the venture capital arm of the Binance exchange, has selected 12 of the most promising projects for season 5 of its incubation program.

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Binance Launches 12 Projects For Binance Labs Incubation Program

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