Recently, I delved into past projects that Binance invested in, particularly focusing on those that have launched a token and analyzing their performance over time. Projects like Layer Zero, zksync, and $IO have shown significant success in their token performance. In this post, we will shift our focus to Binance-backed projects that are yet to launch a token.
Three standout projects backed by Binance include Particle Network, Solayer, and Movement Labs. Particle Network, a leading Layer 1 solution, aims to unify all chains through Universal Accounts, providing seamless onboarding, wallet integration, and NFT market creation for developers and users. Solayer, a re-staking network on the Solana blockchain, offers Solana holders the opportunity to stake SOL or other listed LSTs to receive Solayer LST.
Each of these projects presents unique opportunities for investors and participants. Particle Network 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, on the other hand, allows Solana holders to stake their tokens on the platform to receive Solayer LST. These Binance-backed projects hold promising potential for those looking to invest in the evolving crypto space.
Original article published at: https://www.nigeriabitcoincommunity.com/binance-backed-projects/
