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Greetings, memecoin enthusiasts and blockchain adventurers! Memecoin season is here and BNB Chain is embracing this unique part of Web3 culture. As the memecoin season is gaining momentum, we’re thrilled to announce the “BNB Chain Meme Innovation Battle,” an exciting opportunity for developers and creators to unleash their creativity and compete for amazing rewards.
Key Dates to Remember
| Event | Key dates |
| Registration period | The application period ends on April 9, 2024, at 23:59 UTC |
| Competition period | April 10, 2024, 00:00 UTC-2024.5.09 23:59 UTC |
| Announcement of Top 10 | May 10, 2024 to May 15, 2024 23:59 UTC Due to the unique nature of the meme bonus system, we will announce the results over 5 days to prevent unauthorized sign-ups on behalf of the meme builder. If you have any questions, please report them to us. If there are no objections, we will distribute the rewards as announced. |
| Results announced | May 16, 2024 |
| Reward distribution | Rewards will be sent to the winning participants’ wallet addresses 3 weeks after the event ends. |
Dynamic Prize Pool
The dynamic prize pool can reach up to $1M USD, with the final amount determined by the total trading volume of the qualified memes during the competition period. The higher the trading volume, the larger the prize pool.
Reward Distribution
| Total trading volume derived from all qualifying meme tokens in the campaign over a 30-day period (USDT) | Dynamic Rewards Pool Unlocked |
| 2B ~ 5B | $100,000 |
| 5B～15B | $300,000 |
| 15B～30B | $600,000 |
| 30B+ | $1,000,000 |
The final prize pool will be divided among qualified participants based on their ranking in three categories: total trading volume, market cap, and meme community holders.
Weight ratio
| Total trading volume | 50% |
| Number of valid new meme holders | 40% |
| Market Cap | 10% |
Rewards Structure
| Ranking in the competition | Reward per participants |
| Top 1 | 40% of the dynamic rewards pool unlocked |
| Top 2 | 30% of dynamic rewards pool unlocked |
| Top 3 | 15% of dynamic rewards pool unlocked |
| Top 4-10 | Equal share of the remaining 15% of dynamic rewards pool unlocked |
Who Can Participate?
Everyone is encouraged to participate whether you’re a seasoned developer or a newcomer to the meme coin scene. The following are the eligibility requirements:
- Complete at least one security audit and open-source the project on BscScan.
- The total locked liquidity (including locker contract’s amount and dead address’s amount) must exceed 25% for at least half a year.
- The number of valid new meme holders must be over 1,000.
- You must have a social media account, including but not limited to Telegram and Discord community.
- Public pre-sale projects are ineligible to participate.
- If your meme token has not been deployed on BSC yet, it’s not an issue. Simply deploy it before the campaign ends to participate in the competition. Here is the guidance to deploy a token on BSC.
- If you are introducing a new meme asset, simply publish it before the end of the campaign to qualify for participation in the contest.
If you meet the requirements, simply submit your application here.
Terms & Conditions
By participating in the competition, participants must abide by the following terms and conditions:
- Participants must register to participate in the contest.
- Smart contracts must be open source and verified for transparent transaction volume counting.
- New valid meme holders are defined as active wallet addresses with transaction records. Wallet addresses receiving only the meme airdrop will not be considered in the count.
- Projects wishing to engage external audit firms can visit BNB Chain’s Kickstart page.
- We encourage developers to adhere to the AvengerDao Web3 Security Framework for best practices.
- The leaderboard will launch on April 12, and the data will be updated at 00:00 UTC every day. Data support is provided by AVE.AI.
- Reward distribution will occur within 3 weeks after the campaign ends.
- The BNB Chain core team reserves the right to disqualify projects deemed to be wash trading or using illegal bulk wallet addresses, self-dealing, or displaying attributes of market manipulation, etc.
- The BNB Chain core team reserves the right, at its sole discretion, to amend or cancel this announcement at any time and for any reason without prior notice.
- Where any discrepancy arises between the translated and original versions, the English version shall prevail.
Join us in this thrilling meme battle on BNB Chain, where creativity meets rewards! Let’s make meme history together. Stay tuned for more updates and announcements on X platform.
Submit your application here.
Disclaimer
Digital assets are highly speculative and involve significant risk of loss. The value of memecoins is extremely volatile, and any one who wishes to trade in any meme assets should be prepared for the possibility of losing their entire investment. BNB Chain makes no representations or warranties regarding the success or profitability of any memecoin developed as part of this competition. Participation should not be seen as an endorsement or recommendation by BNB Chain. Users should assess their financial situation, risk tolerance, and do their own research before participating in this competition or trading in any memecoins participating in this competition. BNB Chain will not be held liable for any losses, damages, or issues that may arise from participating or trading in any memecoins participating in this competition.
