Blockchain technology is currently developing vigorously, and the public chain track has welcomed a competition among many contenders. Binance, as a top global virtual currency trading platform, has spared no effort in building the blockchain ecosystem. In September 2020, Binance Smart Chain (BSC) emerged, injecting new vitality into Binance's ecosystem. BSC not only works alongside Binance Chain but also possesses functions such as smart contract deployment and BNB staking mining, quickly attracting many popular projects in the fields of DeFi and NFTs.
To make projects on the BSC chain more colorful, Binance has decided to increase its support for BSC chain projects. They have set up a seed fund, provided liquidity support, and offered developer rewards and ecosystem acceleration plans, aiming to help developers create more quality blockchain projects on BSC. As early as October 2020, Binance launched a BSC ecosystem acceleration plan of up to $100 million, with the first phase providing a total of $10 million in liquidity support for four projects. Additionally, they established a $100 million seed fund specifically to support DeFi projects and developers on BSC.
With the strong support of Binance, projects on the BSC chain have entered a golden period of rapid development. Data shows that by the end of 2021, the total transfer volume on BSC had surpassed 1 billion, the number of active projects exceeded 800, and the daily average active addresses reached over 1 million, all surpassing Ethereum. These achievements are inseparable from Binance's strong support for BSC chain projects and fully demonstrate the powerful strength and limitless potential of BSC.
Among the many BSC chain projects, BEL is undoubtedly a standout. As an innovative blockchain project, BEL, with the support of Binance, is expected to showcase even more dazzling brilliance. We checked the official Twitter account of BEL and found some eye-catching copy:
“BEL is a bridge connecting future finance. We believe that blockchain technology can break the constraints of traditional finance, making financial transactions more efficient, transparent, and secure.”
“The BEL team has been working hard to create an open, collaborative, and innovative blockchain ecosystem, hoping to provide better financial services and experiences for global users.”#BEL
“Thank you very much to Binance for its strong support for the BEL project. We will continue to work hard and live up to everyone's expectations, bringing users even better blockchain solutions.”
These copies not only convey the vision and mission of the BEL project but also express the BEL team's gratitude for Binance's support. With Binance's strong support, the BEL project will gain more resources and assistance, potentially accelerating its development and application.
Looking ahead, as blockchain technology continues to mature and application scenarios expand, the BEL project is expected to welcome broader development prospects. We believe that with the support of Binance, BEL will fully leverage its technological advantages and innovative capabilities to provide global users with higher quality, efficient, and secure blockchain financial services, becoming a leader in the blockchain field.
In summary, Binance's strong support for BSC chain projects has provided broader development space and opportunities for quality projects like BEL. We believe that with the joint efforts of Binance and the BEL team, the BEL project will shine brightly, injecting new vitality and momentum into the blockchain field.