BNB Chain Launches Meme Coin Innovation Battle
Get ready for an exciting opportunity in the crypto world as BNB Chain announces the third round of its Meme Coin Innovation Battle. This competition offers a generous prize pool of up to $150,000 to support and promote the meme coin ecosystem. If you are a meme coin enthusiast or developer, this is your chance to showcase your project and compete for valuable rewards.
Competition Structure 🏆
The Meme Coin Innovation Battle is structured into two parts, each focusing on different aspects of meme coin projects:
- Part 1: Launching New Meme Coins
- Partnership with launchpad platforms
- Incubation support and resources
- Part 2: Competing for Liquidity
- Eligibility criteria for participation
- Prize distribution based on project performance
Part 1: Launching New Meme Coins 🚀
For those looking to launch new meme coins, BNB Chain has partnered with four launchpad platforms to provide support:
- Four.meme: Offers 1 million Four.meme Points and $20,000 in meme tokens.
- Flap: Provides over $50,000 in creator rewards.
- Burve Protocol: Features a $100,000 acceleration fund.
- MyShell: Offers an AI meme generator app and a $10,000 prize pool.
Even if you choose to launch on other platforms, you can still participate in Part 2 activities.
Part 2: Competing for Liquidity 💧
To compete for liquidity rewards, projects must meet specific criteria:
- Hold more than 1,000 MEME tokens
- Maintain a daily trading volume over $30,000
- Ensure liquidity of at least $50,000
- Have been launched after March 2024 and have a social media presence
Prizes will be distributed based on project performance in the liquidity pool.
Reward Allocation 🎁
The final prize pool will be distributed among qualified participants based on their performance scores:
- Liquidity Ranking: 25%
- Daily Average Trading Volume: 25%
- Active Accounts: 25%
- Market Cap: 25%
The top-performing projects will receive a share of the rewards pool, with bonuses for the top three rankings.
Important Notes ℹ️
Before joining the competition, remember to adhere to the guidelines and terms set by BNB Chain:
- Ensure liquidity on supported decentralized exchanges
- Follow the AvengerDao Web3 Security Framework
- Consider third-party audits for project sustainability
Stay updated on the leaderboard and reward distribution timeline to make the most of this opportunity.
Terms and Conditions 📜
Participants must comply with entry criteria and legal requirements to be eligible for rewards:
- Be at least 18 years old
- Follow all applicable laws and regulations
BNB Chain reserves the right to make changes to the competition as needed.
Hot Take 🚀
Don’t miss out on the chance to participate in BNB Chain’s Meme Coin Innovation Battle and showcase your project to the crypto community. Join the competition today and be a part of the growing meme coin ecosystem!
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