Recently, I took a deep dive into some of the past projects that Binance has invested in, with a particular focus on those that have successfully launched tokens and how these tokens have fared over time. Projects like Layer Zero, zksync, and $IO have notably performed well in the market. In today’s discussion, we will explore some of the Binance-backed projects that are yet to launch a token, so come along for the ride.
Among the top Binance-backed projects that are worth looking into for potential investment opportunities are Particle Network, Solayer, and Movement Labs. Particle Network is a Layer 1 solution that seeks to connect various blockchain networks through Universal Accounts, offering a seamless experience for developers and users. Currently running an incentive testnet, Particle Network allows participants to earn $PARTI points, which will be converted into the main Particle Network token upon its official launch.
On the other hand, Solayer is a re-staking network operating on the Solana blockchain, with its mainnet already live and offering staking opportunities for SOL and other supported tokens. By staking their assets on the Solayer platform, users can receive Solayer LST tokens. Both Particle Network and Solayer represent promising projects in the Binance ecosystem with unique value propositions, making them worthy contenders for potential investment consideration.
Original article published at: https://www.nigeriabitcoincommunity.com/binance-backed-projects/