A crypto exchange based in Singapore has announced the launch of a new platform to support emerging digital asset projects.
In a recent press release, BingX has unveiled BingX Labs, a crypto project incubator designed to assist promising crypto projects efficiently distribute their tokens.
The firm is particularly interested in projects that demonstrate strong marketing strategies, user acquisition potential, and innovative technical solutions. BingX Labs will provide market-making, technical support, and strategic consulting services to its clients.
“The lab is seeking to collaborate with successful Web3 teams and support industry-leading projects with significant potential and market traction. Leveraging the trading volume and community of the BingX exchange, BingX Labs aims to nurture projects from their early stages and guide them towards success in the capital market.”
Vivien Lin, the head of BingX Labs, stated,
“Our goal at BingX Labs is to introduce high-quality Web3 projects to a supportive and knowledgeable community. The diverse user base of BingX and our market insights can greatly benefit Web3 projects, giving them global exposure. We are dedicated to utilizing our resources to help these projects thrive and provide our users with quality assets, a rarity in the current market.”
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