Binance Labs announced today the acceptance of Gamic Guild, the foremost African startup focused on bringing blockchain economic opportunities to Africans and the world at large, into its incubation program. This is set to position the guild to impact Africa positively.
The innovation incubator of Binance will help Gamic Guild create massive opportunities through GameFi, connect the team to an extensive network of industry leaders, establish a strong market presence and launch. Gamic Guild is poised to bridge the education gap in the African GameFi ecosystem and create life-changing opportunities for people.
Binance Labs assists start-ups throughout their lifecycle, from their biannual early-stage incubation program to their late-stage venture capital investments. Gamic Guild can generate value and achieve its goals by leveraging Binance’s greatest market expertise, diverse ecosystem, and widespread resources in the blockchain sector.
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Gamic Guild is an ecosystem designed to bring gamers together to benefit from Blockchain-powered games. The fast-growing African startup envisions a society where families can earn passive income from gaming and has partnered with several games and guilds to achieve this vision. The strategic partnerships include Avisa Games Guild, League of Mitra, Angelic the Game, XEND Finance, The KillBox game, and Ark Rivals. And year-to-date, Gamic Guild has recorded massive growth.
The Binance incubation program provides all the necessary funds, PR, marketing, legal advice and business development strategies for a blockchain startup that needs to grow and build.
In the coming months, Binance Labs will launch applications for its Season 5 Incubation Program, which will kick off in Q4 of 2022. As one of the benefits of being part of the Binance Labs ecosystem, all portfolio company founders, mentors or Binance alumni can directly recommend projects to fast-track into the final interview for incubation selection. Interested applicants can apply for the next seasons.