Binance invests in Block Ape Scissors (November 14, 2021)
We are humbled and proud to announce a strategic investment from Binance Labs in the Block Ape Scissors project to cement our foundational strategy within the growing Metaverse.
Block Ape Scissors and Binance Labs have agreed terms for equity of the corporate entity and a portion of the total token supply for a significant cash injection as part of acceptance into the Binance Incubation Program.
What is the Binance Incubation Program?
The incubation program offers seed funding to selected projects along with custom delivered programs to assist with technical delivery, mentorship, networking opportunities, resourcing and subject matter expertise required to develop the project vision into a commercially viable model. The program is designed around helping projects become essential parts of the Binance ecosystem. — [Binance FAQ]
The Binance Incubation Program has been pivotal in accelerating some of the most promising blockchain projects that are now considered major players. Over the past two seasons, there are a number of successful projects such as;
- Injective Protocol (https://injectiveprotocol.com/)
- Cere (https://www.cere.network/)
- Polygon (https://polygon.technology/)
BAS is thrilled to be one of the 9 blockchain startups selected from 396 teams hoping to be accepted into the program.
During the 8 week intensive journey, we will ensure we leverage the full resources at our disposal to maximise the growth experience for all our team members and collaborate with Binance and their network of resources and pioneers to vet, refine and polish our models for market readiness.
Block Ape Scissors is committed to building the most diverse and advanced Play to Earn ecosystem available. Offering Metaverse interactive games developed in-house along with our partner providers as part of our Earniverse with smart contract targetable NFTs that are upgradeable, augmentable, leasable and tradeable.
With Binance Labs assisting us plan our approach, we believe we can deliver the best in class GameFi model with financial inclusion for all levels, which caters to creators, builders, traders, investors, gamers, streamers, tubers and everyone else who’s excited to be involved in the Metaverse.
The team is incredibly excited to work with the best in the industry to help shape our future. Block Ape Scissors is honored to have the investment & incubation opportunity from Binance Labs as part of our first key go to market strategy.
From all of us on the BAS team, we would like to take this opportunity to thank all the long-term supporters of Block Ape Scissors — to those Apes who have stuck with us through our journey, we salute your loyalty, faith and support in the project.
Stay tuned for more updates and remember…
Ape. Stronger. Together.