Binance Partners with STATION F, Will Invest €100 Million as Part of Objective Moon

Binance launches its own space at STATION F in Paris, France. The launch is part of Binance's 'Objective Moon' (EUR 100 million initiative) that was announced in November 2021.

Objective Moon, a non-profit association funded by Binance, will focus on developing Binance Research and Development (R&D) hub. It includes creating a Decentralized Ledger Technology (DLT) accelerator and a broad education program.

The education program for the blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term and cryptocurrency sector is in partnership with OpenClassroom and Ledger.

When Objective Moon was announced, the CEO of Binance, Changpeng Zhao 'CZ' said, “At Binance, we recognise the quality of French and European tech, crypto and blockchain talent, and we are convinced that with the launch of Binance’s major operations and investment in France, we can significantly contribute toward making France and Europe the leading global player in blockchain and crypto industry.”

Station F

Station F's campus has over +1,000 startups and is said to be the largest startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term hub in the world. The startups that will be selected by Binance will enjoy:

• Free accommodation during the incubation period (variable) at STATION F and access to the various resources made available by STATION F, including VCs, leading tech companies and public administrations.
• Customized support from the BNB Chain, NFT Labs and Binance Labs teams to design, develop and improve their ideas and projects.
• Possible collaborations with Binance partners.
• Mentoring programs and follow-up sessions.
• Meetings organized by Binance France with major players in the ecosystem.

source: official announcement

Roxanne Varza, the Director of STATION F, said about the announcement: "We are so proud and excited to welcome the leading international player of the web.3 economy to STATION F.

"For all the people willing to better understand blockchain and crypto, we hope this place will help them to enter the Web.3 world."

David Prinçay, the CEO of Binance France, said, "Our space in STATION F will allow us to support creators and entrepreneurs. We will boost startups and creative projects providing the best connections with our branches and partners."