BingX employees will act as consultants to external clients, providing project development support and helping them effectively achieve strategic goals. Vivien Lin, who is also the director of BingX products, will become the head of Labs.
BingX Labs will provide comprehensive resources and expertise to help new projects thrive by managing the exchange's product innovations, while defining strategic direction and support for promising blockchain projects.
"Our mission at BingX Labs is to provide high—quality Web3 projects to our community. BingX's diverse user base and our market knowledge can greatly benefit Web3 projects by providing them with a global presence. We strive to use our internal and external resources to help these projects become successful. We also strive to provide quality assets to our users, which is a scarce resource in the current market," Vivien Lin said.
BingX Labs is particularly interested in projects that demonstrate strong marketing, user engagement potential, and innovative technical solutions. The laboratory is open to collaboration with successful and experienced Web3 teams and support industry-leading projects that demonstrate significant potential and market attractiveness.