ERC20 and BRC20 cross-chain protocol MultiBit issued a document on the X platform to announce the launch of the Multibit Incubator Program (MultiBit Incubator Program).
Initial participants include UTXO Management, Manifold Trading, Solv Protocol, KuCoin Labs, Kyros Ventures, Maven Capital, Dewhales Capital, Arkham Capital Partners, Bitcoin Magazine, CertiK, and Salus.
Projects within the incubator are required to allocate 1% - 5% of their fully diluted valuation (FDV) to the MUBI staking program to create tangible benefits for MUBI stakeholders. Project parties will integrate MultiBit bridging and CCIP technologies into incubation projects from an early stage.