So recently, I took my time to look into some of the past projects Binance invested in.

I took a special interest in the ones that have launched a token, and how well the token did over time.

Layer Zero, zksync, $IO, etc. are some that have performed really well.

In today’s post, we will look into the recent Binance-invested projects that are yet to launch a token.

Walk with me.

3 Top Binance-Backed Projects To Invest In

There are 3 of them:

1. Particle Network
2. Solayer, and
3. Movement Labs

1. PARTICLE NETWORK

This is one of the projects I’m currently participating in, and I’ve got to say this project has massive potential.

Particle Network is a leading Layer 1 solution that aims to unify all chains through Universal Accounts.

This groundbreaking project provides seamless onboarding, wallet integration, and NFT market creation for developers and users.

Particle Network has confirmed its token, and they are currently running an incentive testnet where you can earn $PARTI points for participation.

These $PARTI points will be converted into the main Particle Network token at TGE, based on a ratio they’ll announce later.

To start up, watch this video to learn how to participate.

2. SOLAYER

Next is Solayer.

Solayer is a leading re-staking network on the Solana blockchain, and its mainnet is already live.

If you’re a Solana holder, you can stake your SOL or other listed LSTs on the Solayer platform to receive Solayer LST.

What’s cool about this is that you can then use these LSTs in other DeFi platforms like Kamino or ORCA to earn additional yield.

There’s also an airdrop opportunity here.

You’ll be eligible for their airdrop if you delegate your LST to either Hashkey or Sonic on the Solayer platform.

But a word of advice:

If you don’t have more than 1 SOL to invest, it might be better to hold off on this.

To start, check out app.solayer.org and use my invite code: P6FRTA.

3. MOVEMENT LABS

Lastly, we have Movement Labs.

This is the first integrated blockchain network that focuses on smart contract security and parallelization through a zero-knowledge rollup.

Movement Labs is currently in its testnet phase, and the best part is that this testnet is also incentivized.

So if you’re looking for a rewarding testnet to participate in, Movement Labs should be on your list.

Now, I’ve got to warn you:

Some of the testnet tasks can be quite challenging and will require your full attention and time.

But I truly believe it could be worth it in the end.

To join the testnet:

• Download the RAZOR wallet on your Chrome extension.
• Go to Galxe and link your RAZOR wallet.
• Visit testnet.movementlabs.xyz and connect your Galxe account.

Go to the Quests tab and start completing the available tasks.

There are over 290+ quests, so try to do as many as you can.

There you have the top Binance-backed projects.

Now you may be wondering: why do Binance-backed projects perform well?

Abi na juju?

I will explain why below.

Why Binance-Backed Projects Perform Well

A project that is backed by Binance is one that receives support, endorsement, or funding from the crypto giant.

This backing can come in the form of listing on the exchange, direct investment, or being a part of Binance Labs, the venture arm of Binance.

Binance has a strong track record of finding out and providing support for promising startups and projects with innovative ideas.

By funding such projects, Binance aims to widen the reach of cryptocurrency and aid its adoption.

Projects on Binance perform well because they enjoy the following benefits:

1. Funding:

Binance-backed projects can get monetary support from Binance to help with the project’s development and marketing activities.

With this support, the startup can easily transform its innovations into tangible products.

This will definitely bring some sort of relief to the startup team and encourage them to do more with its project.

2. Visibility and Liquidity:

Having a sort of relationship with the crypto giant brings a lot of attention to a project.

The project takes advantage of the exchange’s enormous users to increase liquidity and trading volumes for the project’s token.

So increased interaction results in higher gains for the startup.

3. Integrity and Trust:

Once Binance endorses any project, it accords to it a certain level of credibility in the sight of investors.

Having weather all sorts of storms and still emerging strong, Binance’s support for any project gives it a straight 100% (if I may put it that way).

4. Access to Resources:

Startups can maximize the pool of resources and network of Binance.

This comprises its expertise, marketing help, and also technical support.

This will catapult the startup to greater heights in a jiffy.

5. Community Support:

Binance’s vibrant and engaged community of users and enthusiasts can help a project obtain feedback, user adoption, and valuable insights easily.

This way, any error spotted can be corrected and the project will fly in no time.

So for these reasons, these are projects you want to keep an eye on.

And if you are yet to have an account with this crypto giant, you can start up here.

If you enjoyed this post, don’t forget to leave a comment and share.

You can tell me the next topic to work on or the project you want reviewed in the comment box below.

Cheerio!