BNB Chain Meme Coin Competition
BNB Chain officially announced on April 2 that it will hold a BNB Chain meme and coin creation competition with a prize of up to US$1 million.
Official statement:
This is an exciting opportunity for developers and creators to showcase their innovative capabilities while competing for high rewards.
We're thrilled to announce the BNB Chain Meme Innovation Battle where up to $1M is up for grabs!
This is an exciting opportunity for developers and creators to showcase their creativity and compete for amazing rewards.https://t.co/6acfjHVimX
— BNB Chain (@BNBCHAIN) April 2, 2024
According to the official announcement of BNB Chain, participating meme currency developers must register before April 9. The competition will be held the next day. The finalists and winners will be announced about a month later, and the rewards will be announced within three weeks thereafter. Send.
The dynamic prize pool can be up to $1 million, with the final amount determined by the total trading volume (50%), number of holders (40%) and market capitalization (10%) of eligible memecoins during the contest period.
Previously, Avalanche Protocol also announced that it will purchase and collect selected meme coins on the Avalanche chain through the Culture Catalyst project, in order to recognize and encourage the culture and fun symbolized by meme coins.
But it does not seem to attract a large number of crypto communities and speculators.
(Avalanche Protocol announced the official collection standards of meme coins and revealed that it has started buying meme coins)
This article: Are memes a must-have for public blockchains? BNB Chain Announces Meme Coin Developer Competition first appeared on Chain News ABMedia.
