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0 CommentsBNB Chain supports a diverse range of Web3 projects of all stages with its three-phased strategy for development.
A thriving blockchain ecosystem is built on more than just a robust technological infrastructure; it requires a vision for sustainability and value. Blockchain space is filled with short-lived projects that survive only through the hype and go for good when the hype fades.
What lives after are projects that provide long-term value to the community, and such projects may have a hard time gaining traction and support in the crowded blockchain space. They often struggle to be seen, earn trust, and access the tools needed to reach their full potential. Recognizing this, one ecosystem has built a comprehensive framework designed to nurture such impactful projects at every stage of their development.
Supporting projects of all stages
BNB Chain is a holistic ecosystem made up of three pillars that provide an advanced technological infrastructure for ecosystem participants. BSC is a chain that offers smart contract functionality, while opBNB is a layer-2 solution enabling high transaction throughput with lower fees. Greenfield, the third pillar, is a decentralized storage chain that allows efficient data storage and supports data-intensive projects.
The integration of AI into BNB Chain’s ecosystem helps accelerate innovation and enhance the functionality of Web3 projects. Whether it’s through AI-driven financial models in DeFi, advanced machine learning algorithms in gaming, or the application of decentralized AI technologies, BNB Chain fosters a future-forward space where AI and blockchain work hand-in-hand to scale opportunities.
To do so, BNB Chain employs a three-phased strategy for development.
Early-stage projects on BNB Chain get a headstart with initiatives like hackathons and the BNB Incubation Alliance (BIA) program. Operating hand in hand with Most Valuable Builder (MVB) —another incubator program within the ecosystem—, BIA provides funding and resources to promising incipient projects. On the other hand, MVB serves as an advanced tool that offers tailored incubation services.
BNB Chain is a quiet force driving Web3 innovation.
Check out how we've quietly been building the future of Web3 below 👇 https://t.co/nhK7vs4NdJ
— BNB Chain (@BNBCHAIN) December 2, 2024
As projects progress, BNB Chain measures their growth using key indicators — including total value locked (TVL), daily active users and transaction volume — and rewards those that demonstrate real-world traction. Mid-stage projects also get a leg up thanks to technical guidance, marketing assistance and customer support provided by BNB Chain.
As for mature, late-stage projects, integrating into BNB Chain enables access to abundant investment opportunities, long-term development resources and opportunities for potential listings on various exchanges. With BNB Chain’s support and resources, projects in all stages get an opportunity to innovate, scale and grow.
A more meaningful Web3 space
Being a prominent blockchain, BNB Chain processes one-sixth of the global blockchain transactions. With over $5 billion total value locked, BNB Chain ranks fourth among all blockchains in terms of TVL, according to DefiLlama charts.
The dynamism of the ecosystem is reflected in the MVB program as well, which accelerates early-stage projects for a period of 4 weeks. Launched in 2021, the program has incubated 131 projects across seven cohorts. More than half of these projects got backing from top-tier investment firms and over 60 launched tokens, with some projects, including Galaxy, Mobox, SpaceID, SleeplessAI and Altlayer, being listed on Binance Launchpool and receiving an extra boost.
Most Valuable Builder Season (MVB) 9 is right around the corner 👀
Here's what our latest cohort had to say about MVB 8 👇 pic.twitter.com/nsedW9lu9L
— BNB Chain (@BNBCHAIN) December 7, 2024
BNB Chain hosts projects operating in a wide range of fields. There are over 30 active AI-related projects deployed on BNB Chain leveraging blockchain’s decentralized features to enhance AI model transparency, data ownership, and efficiency, and seven even received investment from Binance Labs. Being home to a vivid gaming environment, the blockchain hosted over 40% of GameFi projects during peak time.
BNB Chain focuses on development for the long run and supports projects that can provide genuine value for an extended period of time. With this prioritization, BNB Chain aims to contribute to a future where Web3 is filled with meaningful and impactful projects.
