Binance has set several milestones for the crypto community in terms of delivering innovation and options for cryptocurrency across the globe. Maintaining the forward trajectory, the crypto exchange announced the launch of Binance X, a platform to foster innovation on the Binance platform for developers. The company tweeted,
Introducing Binance X
We are very excited today to unveil @BinanceX, a new initiative to foster innovation on the #Binance platform and #blockchain ecosystem at large.https://t.co/Qqn56dIta9
— Binance (@binance) August 29, 2019
The main driver behind this initiative was attributed to Binance’s long-term mission to provide infrastructure that can enable “freedom of money.”
Touching upon the plethora of offerings currently devised by the company, Binance’s official statement detailed upon the “need to provide a cohesive way to engage and support developers in our ecosystem, and thus, Binance X is conceived.”
One of the most intriguing feature of this offering is the Binance X Fellowship Program, which is designed to supported developers “in creating free and open-source software.” Moreover, it is directed to enable new innovations and businesses in the crypto economy enable new innovations and businesses in the crypto economy.
As of presently, the project has successfully on-boarded about 40+ projects across various ecosystems.