BNB Chain Launches Meme Competition; Offers Up To 1 Million USD In Rewards - Crypto News Flash

BNB Chain, a blockchain ecosystem, announces its Meme Innovation Campaign offering up to $1 million in rewards to foster the growth of meme coins within its ecosystem. The campaign encourages developers to create meme tokens natively on BNB Smart Chain (BSC), providing a platform for creativity and developer empowerment. Applications are open, with the competition period running from April 10th to May 9th, 2024.

BNB Chain Unveils "Meme Innovation Campaign" with Up to $1 Million in Rewards

Dubai, UAE, April 2, 2024 - BNB Chain, the rapidly growing blockchain ecosystem, today announced the launch of its "Meme Innovation Campaign," offering up to $1 million in rewards to developers who build and launch their meme tokens on BNB Smart Chain (BSC).

Aligned with its commitment to empower builders and foster innovation within the Web3 space, BNB Chain is introducing this campaign to accelerate the growth of the meme coin landscape within its ecosystem. The campaign encourages developers of all experience levels to unleash their creativity and showcase their innovative ideas.

"We are excited to launch this campaign as part of our ongoing efforts to support and bolster ecosystem growth," said the BNB Chain Core Development Team. "By tapping into the intersection of creativity, Web3 culture, and innovation, we aim to empower developers and creators to bring their unique ideas to life using blockchain technology."

The "Meme Innovation Campaign" serves as a platform for developers to showcase their talent and contribute to the vibrant BSC ecosystem. By launching their meme tokens on BSC, developers can benefit from its robust infrastructure, affordability, security, and thriving community.

To qualify for the rewards, developers must submit an application form and deploy their meme tokens on BSC during the competition period, which runs from April 10, 2024 at 00:00 UTC to May 9, 2024 at 23:59 UTC. The prize pool, determined based on the total trading volume of qualified meme tokens during the competition period, can reach up to $1 million.

BSC provides a compelling platform for developers to launch tokens, offering EVM compatibility for easy app portability, support from major centralized exchanges, low gas fees, and interoperability that prioritizes speed and user experience. Additionally, BSC's simple five-step token launch process makes it accessible to developers of all backgrounds and skill levels.

Beyond the "Meme Innovation Campaign," BNB Chain has implemented various initiatives to support and grow its ecosystem, including the MVB (Most Valuable Builder) program, a 10-week accelerator program for builders focused on growing the ecosystem. BNB Chain also offers comprehensive builder support programs, providing developers with the resources and assistance they need to thrive.

"We are committed to fostering a welcoming and supportive environment for developers within our ecosystem," added the BNB Chain Core Development Team. "We believe that the 'Meme Innovation Campaign' will not only encourage creativity and innovation but also contribute to the long-term growth and success of our platform."

Developers interested in participating in the "Meme Innovation Campaign" can submit their application here: [Application Link]

About BNB Chain

BNB Chain is a decentralized, community-driven blockchain ecosystem that is making Web3 adoption more accessible. It comprises the following components:

• BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible Layer 1 blockchain, serving as the ecosystem's governance chain.
• BNB Beacon Chain (BNB): A scalability Layer 2 solution that provides ultra-low gas fees and rapid processing speeds.
• BNB Greenfield: A decentralized storage solution that provides data marketplaces and meets the storage needs of the ecosystem.

BNB Chain prioritizes security with its AvengerDAO community and Red Alarm real-time risk scanner for DApps. It also offers a robust Builder Support Program that provides financial and ecosystem rewards to developers. For more information, follow BNB Chain on Twitter (@BNBChain) or visit the DApp library at [DApp Library Link].

Media Contact:

BNB Chain
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