BNB Chain announced the launch of the BNB Chain Meme Coin Innovation Competition with a prize pool of $150,000. The Meme Coin Innovation Competition is divided into two parts. The first part launches new Meme Coins and unlocks rewards, and the second part encourages projects to complete liquidity. Each qualified project can receive a prize of up to $60,000. The top three qualified projects will receive access to a $900,000 liquidity pool. The event will start at 00:00 on August 14, 2024 and last until 23:59 UTC+0 on September 13, 2024.