Table of Contents
Following a 3-week pilot, we received feedback that the current program is not effective. As a result, we will experiment with a new direct token acquisition method to improve the program.
How to Enter a Qualified Project Pool?
How to Run?
BNB Chain Foundation will select projects from the qualified projects pool for ALL trackers and buy at least $100,000 USD in assets as an investment for the projects. BNB Chain Foundation also keeps the flexibility to decide when to purchase tokens and how to handle the purchased tokens. When the purchase action is complete, an announcement will be posted on BNB Chain’s X (Twitter) account. Here is the address which will buy the token: 0x511DfE9E248c887E32ca8bF9d1cb76f101965060
Please note that we are flexible in reviewing and announcing the results of this $100M incentive program. The specific announcement time will be based on official announcements.
Terms and Conditions for the $100M BNB Chain Incentive Program Upgrade
- Encourage 100% BNB Chain native tokens, including new or existing assets or FULLY transferred from other chains’ assets.
- Key Metric Definitions:
- Market Cap: Total market capitalization based on the circulating supply of the token.
- Active Traders: The number of wallet addresses holding the assets with >0 cumulative trading volume.
- Trading Volume: Trading volume refers to the total quantity or value of all buy and sell transactions executed for a specific asset, market, or platform within a given timeframe Value (USD value).
- How do you check if you are in the qualified project pool?
Please check whether your project meets the “On-chain data” and “Security requests” requirements as described above.
- About select quota: It is flexible and is subject to official announcement on the BNB Chain X account.
- About purchase: The exchange rate is calculated according to the real-time exchange rate of purchase
- Assets will be reviewed by multiple dimensions to see if there are any financial or contract-related risks. If you’re reported by the community as a scammer with solid evidence, you’re unqualified.
- BNB Chain Foundation reserves the right to disqualify any participants who are found to engage in wash trading, the use of illegal mass wallet addresses, self-trading, or any form of market manipulation.
- BNB Chain Foundation reserves the right to modify or terminate these terms and conditions at any time, without prior notice. This includes but is not limited to: Canceling, extending, terminating, or suspending the promotion; Changing eligibility criteria and requirements; Modifying the selection process and number of winners; and Adjusting the campaign timeline. All participants are subject to these revisions.
- In case of any discrepancies between translated versions of this announcement, the English version will prevail.
Disclaimer:
Digital assets are highly speculative and involve a significant risk of loss. Cryptocurrency values are extremely volatile, and anyone considering trading cryptocurrencies should be prepared to lose their entire investment. BNB Chain makes no representations or guarantees regarding the success or profitability of any token developed through this program.
BNB Chain is a public, decentralized, and permissionless blockchain. Participation in any project should not be considered an endorsement or recommendation by BNB Chain. Users should assess their own financial situation and risk tolerance and conduct their own research before participating in this program or trading any meme coin involved. BNB Chain is not responsible for any losses, damages, or issues resulting from participation or trading of tokens in this program.
