Recently, I took the time to delve into some past projects that Binance has invested in, particularly focusing on those that have launched tokens and how well those tokens have performed. Projects like Layer Zero, zksync, and $IO have notably performed well over time. In this post, we will explore some of the recent Binance-backed projects that have not yet launched a token.
Among these projects are Particle Network, Solayer, and Movement Labs. Particle Network, a leading Layer 1 solution, aims to unify all chains through Universal Accounts. This project offers seamless onboarding, wallet integration, and NFT market creation for developers and users. Particle Network has confirmed its token and is currently running an incentive testnet where participants can earn $PARTI points that will later be converted into the main Particle Network token at TGE.
Solayer, another Binance-backed project, is a re-staking network on the Solana blockchain with a live mainnet. Solana holders can stake their SOL or other listed LSTs on the Solayer platform to receive Solayer LST. These Binance-backed projects show promise and potential for growth in the cryptocurrency space, making them worth considering for investment opportunities.
Original article published at: https://www.nigeriabitcoincommunity.com/binance-backed-projects/
