BNB Chain Announces Grant Winners And Updates To Grant Process
Dubai, UAE, August 1st, 2024, Chainwire
BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has announced the latest winners of its grant program. Listed in alphabetical order, Cakepie, DappRadar, Dinero, Ginco, and Stake DAO have been awarded grants to support their innovative projects aimed at advancing the blockchain ecosystem.
In alignment with its vision of supporting developers and startups to reach mainstream audiences and its mission to drive global Web3 adoption, BNB Chain has introduced several key updates to its grant process. These enhancements reflect a commitment to fostering innovation and supporting projects that contribute meaningfully to the ecosystem. The updates include increased transparency, an updated website and wishlist, and the launch of the BNB Incubation Alliance, a new avenue for receiving grants. For detailed information on these updates, visit the BNB Chain Grants page.
The BNB Chain Grants program is dedicated to empowering developers involved in open-source initiatives that benefit the BNB Chain community. By providing funding up to USD 200K per project, as well as marketing exposure, technical support, and ecosystem connections, the program enables grantees to make valuable contributions and enhance the BNB Chain ecosystem.
BNB Chain is committed to helping startups and developers achieve real business success and bridge the gap to mainstream adoption. The grant program is part of a broader builder support program that includes:
- Projects in the ideation phase: Hackathons, BNB Incubation Alliance (BIA), Most Valuable Builder (MVB), following this order to nurture early-stage ideas and allow winners to receive potential grants from BNB Chain and investment from Binance Labs.
- Projects in the post-deployment phase: Providing incentives and grants for daily active users (DAU), total value locked (TVL), trading volumes, and other key performance metrics to ensure sustainable growth and success.
These programs provide crucial financial support and foster a nurturing environment for developers. By offering comprehensive support, BNB Chain ensures that projects have the resources needed to drive innovation and bring the benefits of blockchain technology to a wider audience.
For more information and to apply to the grant program, users can visit here.
About BNB Chain
BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:
- BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.
- opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.
- BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.
Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.
For more, users can follow BNB Chain on X or start exploring via our Dapp library.
