BNB Chain, one of the most actively used blockchains on a global scale, has created a fund to encourage projects.
Increasing cryptocurrency adoption and the accompanying proliferation of cryptocurrencies creates a wide spectrum for investors. Hundreds of different cryptocurrencies enter the market every quarter. Finally, the intense interest of projects such as Aptos and Optimism is making an appetite for other crypto entrepreneurs. On the other hand, BNB Chain continues its investments to promote projects.
BNB Chain to Support 10 Projects in the Fourth Quarter
BNB Chain, which attracts great attention, continues to expand and grow its ecosystem. The most actively used blockchain platform also carries out innovative works. The popular network has recently launched a new fund to encourage and support crypto entrepreneurs.
In the study carried out under the name of the growth incentive program, the first support will come in the fourth quarter. Funding will be provided for 10 projects for the fourth quarter. Gas incentives of up to 800 BNB per month will be provided for these 10 projects. It will also help with fees paid for individual projects, services and validators.
BNB Chain investment director Gwendolyn Regina stated that they will support projects in the growth phase and help them acquire investors.
Among the criteria of the program, it is necessary to have an active user base under the innovation structure. Projects that are in a consistent growth phase will be able to benefit from this support.
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