Dubai, UAE, December 20, 2023, Chainwire
- In 2023, BNB Chain will launch opBNB and Greenfield blockchains and add support at all stages of the development lifecycle through the Builder Support Program.
- The average DAU of BNB Smart Chain (BSC) increased by 126,000 in 2023, with opBNB showing the highest average DAU and number of transactions among major L2s launched in the second half of 2023.
BNB Chain is a community-driven blockchain ecosystem. The world’s largest smart contract blockchainhas launched its 2023 review campaign, marking a landmark year with the introduction of new blockchains across all development stages and the addition of Web3 builder support initiatives. The campaign begins with a summary video from BNB Chain’s avatar brand representative ‘Nex’.
Watch BNB Chain’s 2023 Summary Video
In 2023, BNB Chain launched opBNB and BNB Greenfield blockchains on testnet and then on their respective mainnets. OpBNB, which doubled transaction speeds and reduced fees by 30x, reached 1.2 million users within three months of mainnet launch. BNB Greenfield empowers users to control and monetize their data and is positioned to support the rise of decentralized AI. These platforms are interoperable with BNB Smart Chain (BSC) in line with BNB Chain’s multi-chain and interoperability strategy, providing an efficient user experience.
Both opBNB and BSC reached all-time trading highs at the end of 2023. While opBNB exceeded 23 million daily transactions on December 17, BSC recorded over 32 million transactions on December 7. BSC has consistently seen lower gas rates during these surges.
BNB Chain has also added important additions to its Web3 Builder support program this year. A Founder Track has been added to the Most Valuable Builder (MVB) program to incubate 100 new projects on the BNB Chain. BNB Chain has also strengthened its post-deployment support for projects this year, launching the TVL Incentive and DAU Incentive Programs, which provide up to $360,000 per month to projects that continue meaningful development after deployment.
With these additional features, BNB Chain now offers builder support at all stages of the development lifecycle. This extends to the proactive idea that BNB Chain will host multiple global hackathons in key markets to foster creativity and connections between builders. Following BNB Chain’s Istanbul Hackathon last November, five new projects have already been launched on BNB Chain.
Other highlights for 2023 include:
- BNB Chain Innovation Roadshow: March saw a series of one-day events giving builders around the world the opportunity to learn new Web3 technologies, get noticed, make connections, and take their innovation to the next level.
- BNB Chain Hackvolution: Held in July, this online hackathon challenged developers, researchers, and scientists to leverage opBNB and BNB Greenfield to build the next generation of dApps that push the boundaries of what is possible with Web3.
- BNB Chain Hackathon Istanbul: BNB Chain’s Istanbul Hackathon in November took place immediately after Binance Blockchain Week and offered rewards of up to $100,000 for impactful innovations across opBNB and BNB Greenfield.
Through 2024, BNB Chain will continue to improve performance and user experience, further lowering the barrier to entry to Web3.
Learn more about what the BNB Chain will achieve in 2023 here.
Introduction to BNB Chain
BNB Chain is a community-driven blockchain ecosystem that seeks to remove barriers to Web3 adoption. Powered by BNB, this blockchain includes the EVM-compatible BNB Smart Chain, the world’s largest L1 blockchain, and fosters a multi-chain ecosystem through BNB Greenfield and opBNB. Offering ultra-low gas fees and excellent TPS, the BNB Chain ecosystem hosts thousands of dApps across DeFi, metaverse, gaming, SocialFi, NFTs, and infrastructure, each adding value to the ecosystem.
BNB Chain fosters impactful Web3 innovation through the BNB Chain Builder Support Program. This includes the MVB accelerator program run in partnership with Binance Labs and CMC Labs.
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