According to official sources, the ERC20 and BRC20 cross-chain protocol MultiBit has announced the official launch of the Multibit Incubator Program on social media. The first batch of participants includes UTXO Management, Manifold Trading, Solv Protocol, Kucoin Labs, Kyros Ventures, Maven Capital, Dewhales Capital, Arkham Capital Partners, Bitcoin Magazine, as well as CertiK and Salus. It is reported that projects within the incubator will need to allocate 1-5% of their Fully Diluted Value (FDV) to the MUBI staking program in order to create tangible benefits for MUBI stakeholders. The project team will also integrate MultiBit bridging and CCIP technology into incubation projects from an early stage.