BNB Chain Launches “Meme Innovation Campaign” With $1M Prize To Attract Memecoin Developers

BNB Chain introduced its plan to allocate as much as $1 million as rewards for eligible memecoins builders who deploy their memecoin tasks on the community.

In accordance with BNB Chain, the competitors goals to encourage inventive innovation inside its neighborhood. The corporate said that the marketing campaign is a platform for empowering creators, together with each skilled builders and newcomers, to make the most of blockchain expertise in bringing their concepts to life.

Whereas the competitors could seem simple, assembly the eligibility necessities may pose challenges for individuals. Memecoins should obtain a minimal buying and selling quantity of $2 billion to qualify for the bottom reward tier. Tokens with buying and selling volumes surpassing $30 billion turn into eligible for the $1 million prize.

Along with the buying and selling quantity standards, individuals should fulfill different necessities, akin to finishing at the very least one safety audit and open-sourcing their tasks on BNB Sensible Chain’s blockchain explorer, BscScan. The challenge should even have over 1,000 legitimate new token holders and keep a presence on social media platforms like Telegram and Discord.

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