Binance Labs has opened applications for its sixth season of the Incubation Program, dedicated to promoting innovation in Web3. At the same time, the first stage of AltSignals presale has hit 96.71%.
The Incubation Program offers tailored resources and mentoring for startups. It provides one-on-one mentoring sessions and access to fireside chats with business luminaries. The three-month program’s educational program is totally dedicated to creating Web3 startups.
AltSignals is a crypto-based AI project that is launching its platform ActualizeAI. This platform combines a number of generative AI capabilities to enable profitable decision-making. Natural language processing (NLP) is used for trader sentiment analysis, while reinforcement learning helps to remove emotions from the decision-making process.
ActualizeAI is expected to raise the success rate of AltSignals’ trading indicator tool to over 80%. The current success rate of this tool is 64%. AltSignals currently has a community of more than 50,000 users.
Binance Labs is looking for startups to sponsor in particular fields of interest, such as Infrastructure, Decentralized Finance (DeFi), and the Application Layer. These areas include MEV, ZK Proofs, Layer 2 Scaling, Lending & Borrowing, Perpetuals & Derivatives, Investing, AI-Powered DApps, Web 2.5 DApps, Analytics, and SocialFi.
The sixth season of Binance Labs’ Incubation Program is a great opportunity for startups to benefit from the resources and mentoring it offers. The program is expected to uncover a range of innovative projects in the Web3 industry.
