Are memes a must-have for public blockchains? BNB Chain Announces Meme Coin Developer Competition

This site (120BtC.coM): BNB Chain officially announced on April 2 that it will hold a BNB Chain meme and coin creation competition with a prize of up to 1 million US dollars.

Official statement: This is an exciting opportunity for developers and creators to showcase their innovative capabilities and compete for high rewards at the same time.

BNB Chain’s official announcement stated that participating meme currency developers should register before September 8. The competition will be held the next day. The finalists and winners will be announced about a month later, and the rewards will be Issued within three weeks thereafter.

The dynamic prize pool can reach up to 1 million US dollars, and the final amount will be determined by the total eligible trading volume (50%), the number of holders (40%) and the market value (10%) during the competition.

Previously, Avalanche Protocol also announced that it will purchase selected meme coins on the Avalanche chain for search through the Culture Catalyst program, in order to recognize and encourage the culture and fun symbolized by meme coins.

But it does not seem to attract a large number of crypto communities and speculators.

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