The team at Binance Smart Chain has been busy since the launch of the $1 billion growth fund.
Binance Smart Chain Grows Network
Binance Smart Chain has offered an in-depth look into how they have allocated their billion dollar growth fund.
The team has focused on four areas.
Talent development
For the development of talent, BSC has focused on four main areas – awareness events, internship and job opportunities, community support, investments.
Liquidity incentive program
Over the past month, Deri Protocol, MCDEX, Decentral Games, and WooTrade have received liquidity from this program.
Builder and incubation program
The builder and incubation program includes hackathons and the most valuable builder scheme.
Investment program
In the past month Binace have invested in a few promising projects which includes Deri Protocol, MCDEX, Project Galaxy.
In particular Binance Smart Chain has been able to lever =age the billion to accelerate the growth of many a decentralized project.
“Since the announcement of the Binance Smart Chain’s $1 Billion Fund in October, we have made tremendous progress deploying the funds,” said BSC in a blog dated November 29th. “The fund accelerated the growth of various decentralized projects and pushed the adoption of not only BSC but the whole blockchain industry.”
Binance recently signed a deal with Animoca which will see the latter company provide an additional $100 million of funding for GameFi projects on BSC. Binance Smart Chain had already earmarked a similar sum for GameFi from the $1 billion growth fund.
Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for Binance Smart Chain and crypto! Check out the DeFi Direct Linktree for all the access links!
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.
BSC NEWS is a private news network. All posts posted by this user belong 100% to bsc.news All rights are reserved to BSC NEWS for more information about BSC NEWS contact BSC NEWS HERE.