BNB Chain Closes Out Landmark 12 months of Decreasing Boundaries to Web3 Entry

[PRESS RELEASE – DUBAI, UAE, December 20th, 2023]

• 2023 noticed BNB Chain launch the opBNB and Greenfield blockchains and add help in any respect levels of the event lifecycle with its Builder Support Program
• Common DAU on BNB Good Chain (BSC) elevated by 126,000 in 2023, whereas opBNB exhibited the best common DAU and transaction rely amongst main L2s launched in H2 of 2023

BNB Chain, the community-driven blockchain ecosystem that features the world’s largest smart contract blockchain, has launched its 2023 12 months in Overview Marketing campaign chronicling a landmark 12 months that noticed new blockchains launched and Web3 builder help initiatives added throughout all levels of growth. The marketing campaign kicks off with a video recap from BNB Chain’s avatar model consultant, “Nex”.

Watch BNB Chain’s 2023 Recap Video

In 2023, BNB Chain launched its opBNB and BNB Greenfield blockchains on testnet, earlier than taking each by to launch on their respective mainnets. Doubling transaction speeds and decreasing charges by 30 instances, opBNB reached 1.2 million inside three months of mainnet launch. BNB Greenfield is empowering customers to regulate and monetize their knowledge and is positioned to underpin the rise of decentralized AI. These platforms work interoperably with BNB Good Chain (BSC) in keeping with BNB Chain’s multichain and interoperability technique to supply a streamlined consumer expertise.

Each opBNB and BSC hit all-time highs for transactions in late 2023. Whereas opBNB exceeded 23 million day by day transactions on December 17, BSC recorded greater than 32 million transactions on December 7. BSC demonstrated consistently low gas fees throughout this surge.

BNB Chain additionally made important additions to its Web3 Builder Help Program this 12 months. A Founder Track was added to the Most Useful Builder (MVB) program to incubate 100 new initiatives on BNB Chain. BNB Chain additionally ramped up its post-deployment help for initiatives this 12 months, launching its TVL Incentive and DAU Incentive applications to supply as much as $360,000 per 30 days to initiatives persevering with significant growth post-deployment.

With these additions, BNB Chain now presents builder help at each stage of the event lifecycle. This even extends to pre-ideation, with BNB Chain holding a number of world hackathons in key markets to facilitate creativity and connection between builders. Following BNB Chain’s Istanbul Hackathon in November, five new projects have already launched on BNB Chain.

Different highlights from 2023 embody:

• The BNB Chain Innovation Roadshow: March noticed a sequence of one-day occasions giving builders all over the world the possibility to be taught new Web3 abilities, get observed, make connections and push their innovation to the following degree.
• BNB Chain Hackvolution: In July this on-line hackathon challenged ​​builders, researchers and scientists to harness opBNB and BNB Greenfield to construct next-gen dApps that push the boundaries of what’s attainable with Web3.
• BNB Chain Hackathon Istanbul: In November BNB Chain’s Istanbul hackathon passed off instantly following Binance Blockchain Week and provided as much as $100,000 in rewards for impactful innovation throughout opBNB and BNB Greenfield.

Looking forward to 2024, BNB Chain will proceed to enhance efficiency and the consumer expertise to additional decrease obstacles to entry for Web3.

Learn extra about what BNB Chain has achieved in 2023 here.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that seeks to take away obstacles to Web3 adoption. Powered by BNB, it contains the world’s largest L1 blockchain, the EVM-compatible BNB Smart Chain, and fosters a multi-chain ecosystem with BNB Greenfield and opBNB. Providing ultra-low fuel charges and superior TPS, the BNB Chain ecosystem hosts thousands of dApps throughout DeFi, metaverse, gaming, SocialFi, NFTs and infrastructure, every of which add worth to its ecosystem.

BNB Chain fosters impactful Web3 innovation with its BNB Chain Builder Support Program. This contains the MVB accelerator program, run in partnership with Binance Labs and CMC Labs.

For extra, observe BNB Chain on Twitter.

Contact

BNB Chain
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