According to the BNB Chain official blog, in order to continue to support the development of the meme coin field, BNB Chain announced the launch of "Meme Innovation War Round 3: Meme Heroes Are Born". This "Meme Innovation War Round 3" will cooperate with the four leading MEME token launchpad platforms: Four.meme, Myshell, FLAP and Burve.
These platforms will provide corresponding incubation support, making it easier for participants to launch their meme tokens and participate in the reward competition. New meme coins can choose any of the four launchpads as a start, while existing meme coins can directly participate in the prize pool competition.
BNB Chain will also offer a prize pool of up to $150,000 to incentivize high-quality meme coins to become heroes in the ecosystem, helping creators achieve real commercial success and shortening the gap to mainstream adoption.
The competition will take place from 00:00 UTC on August 14, 2024 to 23:59 UTC on September 13, 2024.
Eligibility requirements for the competition require participants to hold more than 1,000 MEME tokens, have an average daily trading volume of more than $30,000, and ensure at least $50,000 in liquidity. In addition, the project must be released within 5 months (i.e. meme coins released after March 2024). It is also required to remain active on social media platforms such as X (formerly Twitter), Telegram or Discord.
