This startup is betting tokens can help incentivize privacy infrastructure across the internet.
Binance Labs has awarded grants of $15,000 each to three startups developing open-source blockchain technologies.
One goal of the incubator is to foster projects that could get their tokens listed on Binance's exchange.
Oasis Labs is launching an support program for startups focused on privacy applications of blockchain, and some big investors are on board.
Binance Labs, the crypto exchange's incubator wing, says it has has invested millions in smart contract and blockchain auditing platform CertiK.
Bluehill, a startup incubator for global blockchain projects, launched on Thursday after raising $50 million to support the IOST ecosystem.