BNB Chain launches Meme Coin Innovation Competition, offering a prize pool worth $1 million

PANews reported on April 2nd that, according to the official blog, BNB Chain announced the launch of the "BNB Chain Meme Innovation Competition," with a dynamic prize pool of up to $1 million. The final amount will be determined by the total trading volume of eligible Meme coins during the competition period. The application period will end at 7:59 on April 10, 2024 (Beijing time), and the final results will be announced on May 16.

Qualifications include: completing at least one security audit and open sourcing the project on BscScan; total locked liquidity must exceed 25% for at least six months; there must be over 1,000 valid new Meme holders; having a social media account is required; publicly presold projects are not eligible to participate; Meme tokens not yet deployed on BSC need to deploy them before the end of the event in order to participate in the competition; if launching new Meme assets, simply releasing it before the event ends qualifies for participation in the competition.