According to PANews, BNB Chain has announced the launch of the 'Meme Innovation Battle Round Three: The Birth of Meme Heroes' to support the development of meme coins. The competition will collaborate with four major launchpad platforms: Four.meme, Myshell, FLAP, and Burve, providing incubation support for participants. The event is set to begin on August 14, 2024, and will run until September 13, 2024, with a prize pool of up to $150,000.

Eligibility criteria for participation include holding 1,000 MEME tokens, maintaining an average daily trading volume of over $30,000, and having at least $50,000 in liquidity. Additionally, projects must have been launched after March 2024 and remain active on social media platforms such as X, Telegram, or Discord.