Binance Incubator Update
DARA was not accepted into the Incubator Program. However, as a "promising project" DARA has now been appointed a Binance Partner Growth Manager to help us build on BNB Chain
Unfortunately DARA was not selected for the Incubator/Accelerator program. 520 projects applied, 31 teams were selected and 8 winners picked. Naturally we’re disappointed since we really put a lot of effort into our application. But this is not the end of our Binance story.
The silver lining is that we have been assigned a "Partner Growth Manager" to help us, quote, “grow on BNB Chain”. We have a Google Meet with them tomorrow afternoon. Growth Managers are reserved for projects which are considered , quote, “promising”. Our private Telegram group with Binance remains open.
Applying for Binance really put us in a new gear, and for that alone the process has been worthwhile. During this time, we were accepted as one of the first 75 dApps in the Brave Ecosystem and “Brave Wallet Partner Program” - a partnership which, to my mind at least, has greater potential for DARA product development than a deal with Binance. Having said that, we are still in contact with Binance who assure us they want to help with our development.
Having some extra runway money would have been useful, although it is unclear if we would have received money even if we had been selected. We are financially secure and can keep developing and promoting DARA indefinitely, although we will likely seek VC investment in 2023 to ramp up marketing.
We can assure our community and investors that we’ll take this energy forward positively. All team members are unfazed by the news.
DARA has always “rolled its own” and we will continue our mission unabated. You can look at our great new pitch deck to find the Partnerships & Collaborations that we have secured in 2022, and an impressive list they make.
We congratulate the winners, and wish them well.
For us the road leads onwards and upwards,
See you at the top!
Team DARA