BNB Chain Foundation Completes New Rounds of Asset Purchases Under Its $100M Incentive Program
Dubai, UAE, May 13th, 2025, Chainwire
The BNB Chain Foundation has executed two new rounds of token purchases as part of its ongoing $100M Incentive Program, which supports qualified projects building on the BNB Chain.
Details of Recent Purchases:
A total of $100,000 has been used to acquire $SKYAI in four transactions of $25,000 each:
$25,000 purchase from $AIOT: Transaction.
$25,000 purchase from $TST: Transaction.
Tokens Purchased to Date:
The BNB Chain Foundation wallet has purchased tokens from five tokens:
- Broccoli (714)
- TST
- Mubarak (6f6)
- AIOT
- SKYAI
The BNB Chain Foundation wallet address is: 0x511dfe9e248c887e32ca8bf9d1cb76f101965060. Transaction history can be viewed here.
Further announcements will be made on X as the BNB Chain Foundation continues deploying capital to support high-potential projects on BNB Chain.
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 Dapp library.
