Act I The AI Prophecy (ACT) has announced a partnership with Binance Smart Chain (BSC) to further accelerate ACT AI-based crypto tokens on the BSC ecosystem. Act disclosed the development of its integration with the BSC on the X platform today.
ACT, which is running on top of the Solana blockchain, offers a seamless user experience with scalable infrastructure. By expanding its ecosystem into the BSC, the ACT chain provides users with more extensive engagement.
The BSC, a protocol launched in 2020, allows developers to develop dApps using smart contracts. Due to this, it increasingly obtained popularity among crypto users.
We're delighted to announce that in collaboration with @BNBCHAIN, $ACT is coming to BNB!As a leader in the crypto space, BNB chain is delving head first into the realm of AI, memes and AI agents; we couldn't be more excited to be a part of it.Stay tuned for updates, big… pic.twitter.com/LfhRn1TOdj
— Act I : The AI Prophecy (@ACTICOMMUNITY) December 17, 2024
To expand liquidity in the DeFi ecosystem for ACT
The integration positions the ACT chain within the Binance Smart Chain’s ecosystem, highlighting the platform’s dedication to providing users with access to advanced digital asset products. As the ACT protocol garners stability in both centralized and decentralized trading gateways, this integration of the BSC enables a wider audience to participate in its ecosystem.
This commitment aligns with the growing interest in AI-powered crypto tokens. With robust online engagement and an active community, ATC offers an opportunity for people interested in emerging AI-focused tokens in the crypto landscape.
With this expansion, ACT is innovative in its technological advancement. It also provides users with more ways than ever before to engage with AI crypto assets alongside the benefits of the BSC’s layer 1 integration.
Cross-chain interoperability
The integration offers a cross-chain bridge solution that allows users to seamlessly swap assets from the ATC chain to the BSC and verse versa. The bridge complements the ACT’s DeFi marketplace and streamlines compatibility with Solana, Ethereum, and BSC ecosystems.
The integration involves several steps. First, the ACT chain provides a bridge to the BSC that enables seamless cross-chain trading with the ACT chain. Through this, users are able to move assets between the ACT chain and the BSC with ease.
This approach enables endless possibilities for various ACT AI-powered tokens integrated into the BSC network. It also enables DeFi protocols developed on top of multiple blockchains, including BSC, Solana, Ethereum, and others, to have accessible interoperability with the ATC chain.
Why go for the Binance Smart Chain?
By ACT leveraging the benefits of BSC, their users have the opportunity to expand their DeFi options outside the Solana blockchain. The ACT leverages the best that BSC offers, like the rapid transaction system backed by cross-chain interoperability and smart contact support.
Such integration offers the tools required and environment for dApps development and an opportunity for users to join an ecosystem for multiple crypto projects already running on the BSC.
The last reason why the ACT chain chose the Binance Smart Chain is the huge difference between the BSC and Ethereum transaction fees. Although the Ethereum network is the dominant platform of most decentralized projects, its high transaction fees influence users to go for more competitive options.
