It began with huge competition that had over 500 startups in the blockchain and cryptocurrency space apply for a spot to have Binance 's research arm "Binance Labs" back their company with a seed investment of $500,000 back in August of this year.Only 8 were selected - and Binance didn't even share who they were.Now after months of mystery, today is "BUIDLers day" named after play on HODL, but for building.Binance labs said in a tweet Later today, the projects take the stage at their "Binance BUIDLers" event, demo their products in front of an audience, and show how they spent their $500k. We'll bring you updates from the event when it happens!Binance Labs is expanding this program in 2019 including a 5 nation world wide search for hot new projects.