PANews reported on August 13 that BNB Chain announced the launch of "Meme Innovation Battle Round 3: Meme Heroes Are Born" to support the development of meme coins. The competition will cooperate with the four major launchpad platforms Four.meme, Myshell, FLAP and Burve to provide incubation support for contestants. The competition will start on August 14, 2024 and last until September 13, with a prize pool of up to $150,000. Eligibility for participation includes holding 1,000 MEME tokens, an average daily trading volume of more than $30,000 and at least $50,000 in liquidity. Projects must be released after March 2024 and remain active on social media such as X, Telegram or Discord.
