Recently, I took the time to explore some of the past projects that Binance has invested in, with a special focus on those that have launched tokens and how well those tokens have performed over time. Some examples of successful projects include Layer Zero, zksync, and $IO. In this post, we will delve into Binance-invested projects that have not yet launched a token, so let’s take a closer look.
Three top Binance-backed projects that are worth investing in are Particle Network, Solayer, and Movement Labs. Particle Network is a leading Layer 1 solution that aims to unify all chains through Universal Accounts, providing seamless onboarding, wallet integration, and NFT market creation for developers and users. The project has confirmed its token and is currently running an incentive testnet where participants can earn $PARTI points, which will be converted into the main Particle Network token at TGE.
Solayer is another Binance-backed project that operates as a re-staking network on the Solana blockchain, with its mainnet already live. Solana holders have the opportunity to stake their SOL or other listed LSTs on the Solayer platform to receive Solayer LST tokens. This presents an exciting opportunity for investors looking to get involved in innovative blockchain projects. Movement Labs is also worth keeping an eye on as Binance continues to support promising ventures in the cryptocurrency space.
Original article published at: https://www.nigeriabitcoincommunity.com/binance-backed-projects/