• Binance Labs has opened the sixth season of its Incubation Program to promote innovation in the Web3 industry.
• At the same time, AltSignals is running a presale for its native token ASI.
• AltSignals is utilizing AI to create its ActualizeAI trading stack with an aim to raise the success rate from 64% to over 80%.
Binance Labs Incubation Program Season 6
Binance Labs has started accepting applications for the sixth season of its incubation program. The goal of this program is to promote innovation in the Web3 industry and provide tailored resources and mentoring for startups.
AltSignals Presale Hits 96.71%
The first stage of AltSignals’ presale has hit 96.71%. This crypto-based AI project is utilizing AI to create ActualizeAI trading stack with an aim to raise success rate from 64% to over 80%.
Previous Seasons of Binance Labs Incubation Program
The previous season saw 900 applications submitted and after a thorough review process, 12 project teams were chosen representing different industries including infrastructure, security, and DeFi. Out these 12, Binance invested in five standout project teams demonstrating their potentials and talents.
AltSignal’s Crypto-Based AI Project
AltSignal’s crypto-based AI project was launched in 2017 and it currently supports a community of more than 50,000 users who benefit from their patented AltAlgoTM trading indicator tool that boasts an average success rate of 64%. They are hoping that by using artificial intelligence on their upcoming platform they will be able to raise this success rate past 80%.
Conclusion
Binance Lab’s incubation program provides promising startups with tailored resources and mentoring while investing into some projects at the same time. AltSignal’s presale has been successful so far which demonstrates great potential for their crypto-based AI project as they strive towards raising their success rate past 80%.