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Web3 Entry Barriers Significantly Reduced as BNB Chain Concludes Groundbreaking Year

Web3 Entry Barriers Significantly Reduced as BNB Chain Concludes Groundbreaking Year

[PRESS RELEASE – DUBAI, UAE, December 20th, 2023]

Binance Chain (BNB Chain) has launched its 2023 Year in Review Campaign, highlighting the introduction of new blockchains and the addition of Web3 builder support initiatives. The campaign includes a video recap from BNB Chain’s brand representative, “Nex.”

BNB Chain Launches opBNB and BNB Greenfield Blockchains

In 2023, BNB Chain launched opBNB and BNB Greenfield blockchains on testnet before releasing them on their mainnets. opBNB achieved 1.2 million transactions within three months of its launch, while BNB Greenfield empowers users to control and monetize their data.

All-Time Highs for Transactions on opBNB and BNB Smart Chain

Both opBNB and BNB Smart Chain reached all-time highs for transactions in late 2023. opBNB exceeded 23 million daily transactions, while BNB Smart Chain recorded over 32 million transactions.

Expansion of Web3 Builder Support Program

BNB Chain expanded its Web3 Builder Support Program in 2023. It added a Founder Track to the Most Valuable Builder (MVB) program and launched TVL Incentive and DAU Incentive programs to offer financial support to projects post-deployment.

Global Hackathons and Innovation Roadshow

BNB Chain organized global hackathons to foster creativity among builders. Additionally, it conducted the BNB Chain Innovation Roadshow to provide learning opportunities and connections for builders worldwide.

Looking Ahead to 2024

BNB Chain aims to enhance performance and user experience in 2024 to facilitate Web3 adoption.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that aims to remove barriers to Web3 adoption. It includes the BNB Smart Chain, BNB Greenfield, and opBNB blockchains. The ecosystem hosts thousands of dApps across various sectors and offers a Builder Support Program to foster impactful Web3 innovation.

Hot Take: BNB Chain Drives Web3 Innovation with New Blockchains and Builder Support Programs

BNB Chain has made significant strides in 2023 with the launch of opBNB and BNB Greenfield blockchains, reaching all-time highs for transactions, and expanding its Web3 Builder Support Program. These initiatives demonstrate BNB Chain’s commitment to driving innovation and removing barriers to Web3 adoption. With a focus on performance enhancement and user experience in 2024, BNB Chain is poised to continue its growth and contribute to the advancement of the blockchain ecosystem.

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Web3 Entry Barriers Significantly Reduced as BNB Chain Concludes Groundbreaking Year