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BNB Chain Concludes Pioneering Year in Facilitating Web3 Accessibility

BNB Chain Concludes Pioneering Year in Facilitating Web3 Accessibility

DUBAI, UAE, December 20th, 2023, Chainwire

BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has launched its 2023 Year in Review Campaign. This campaign highlights the introduction of new blockchains and Web3 builder support initiatives throughout the year. The campaign begins with a video recap from BNB Chain’s brand representative, “Nex”.

BNB Chain’s New Blockchains and Interoperability

In 2023, BNB Chain launched the opBNB and BNB Greenfield blockchains on testnet before launching them on their respective mainnets. These blockchains doubled transaction speeds and reduced fees significantly. OpBNB reached 1.2 million within three months of its mainnet launch. BNB Greenfield empowers users to control and monetize their data and supports the rise of decentralized AI. Both platforms work seamlessly with BNB Smart Chain (BSC) to provide a streamlined user experience.

Increased Usage and Support Programs

The average daily active users (DAU) on BNB Smart Chain increased by 126,000 in 2023. OpBNB exhibited the highest average DAU and transaction count among major L2s launched in the second half of 2023. Additionally, BNB Chain expanded its Web3 Builder Support Program by adding a Founder Track to incubate new projects. They also introduced TVL Incentive and DAU Incentive programs to offer financial support to projects continuing development post-deployment.

Highlights of 2023

Other highlights from 2023 include the BNB Chain Innovation Roadshow, which gave builders around the world an opportunity to learn new Web3 skills and make connections. The BNB Chain Hackvolution online hackathon challenged developers to build next-gen dApps using opBNB and BNB Greenfield. The BNB Chain Hackathon Istanbul offered significant rewards for impactful innovation across the two blockchains. Looking ahead to 2024, BNB Chain aims to further improve performance and the user experience to lower barriers to entry for Web3.

Hot Take: BNB Chain’s Milestones in 2023

BNB Chain had an eventful year in 2023, with the launch of new blockchains, increased usage on BNB Smart Chain, and the expansion of its Web3 Builder Support Program. These milestones demonstrate BNB Chain’s commitment to removing barriers to Web3 adoption and fostering impactful innovation. As BNB Chain looks ahead to 2024, it aims to continue improving performance and enhancing the user experience. With its strong ecosystem and support initiatives, BNB Chain is well-positioned to drive the future of Web3.

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BNB Chain Concludes Pioneering Year in Facilitating Web3 Accessibility