Get real time updates directly on you device, subscribe now.
BNB Chain Community suggested developers of the Terra ecosystem to migrate or create new decentralized applications on the blockchain from Binance.
The initiative followed against the backdrop of the collapse of UST and LUNA, which Forbes called the “fifth reboot” of the crypto market.
The teams were promised access to the bitcoin exchange community and partner companies. Developers can receive funding from the BNB Chain fund in the amount of $1 billion and count on various grants. On top of that, network support, marketing, business development assistance, and tokenomics.
The community was also reminded of the upcoming blockchain update with the advent of BAS (sidechains for applications) and ZkRollup.
Data: BNB Chain.
The number of validators on the network is also expected to double from 21 to 42 in the future.
Previously, support for BNB Chain was added to Opera Crypto Browser.
Stay in touch! Subscribe to World Stock Market at Telegram.
Source: Cryptocurrency
