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Author Topic: Binance to launch $1B fund to develop BSC ecosystem  (Read 3813 times)

Offline Dark Knight

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Binance to launch $1B fund to develop BSC ecosystem
« on: October 13, 2021, 05:25:04 AM »
The Binance cryptocurrency exchange has announced a $1 billion accelerator fund to expand the capabilities of the Binance Smart Chain ecosystem and advance mainstream adoption across the financial technology sector.

The exchange showcased the eight-figure fund in a tiered development model across four specialist areas: Talent Development, Liquidity Incentive Program, Builder Program and Investment & Incubation Program. The announcement suggested that they will allocate $100M, $100M, $300M and $500M to each segment, respectively.
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Binance to launch $1B fund to develop BSC ecosystem
« on: October 13, 2021, 05:25:04 AM »

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #1 on: October 14, 2021, 04:19:15 AM »
$1 Billion for the development of the Binance ecosystem must be realized immediately because I believe that value will be replaced by a community that continues to support Binance like I do, who trade on Binance every day.
I also believe that Chanpeng Zhao has the funds from BNB's profits and this is a factor in Changpeng Zhao's belief that he will always be by BNB's side to move forward.
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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #2 on: October 15, 2021, 02:26:09 AM »
When we create a very large ecosystem, it certainly requires large funds to be able to launch these various ecosystems and of course it will also be replaced one day from the results of these investments.
Binance Smart Chain really has a very large ecosystem and if it continues to be developed, it also requires large and appropriate funds of 1 billion USD to be poured into the Binance Smart Chain ecosystem.

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #3 on: October 15, 2021, 10:12:12 PM »
These days we have seen the strong growth of tokens on BSC like SFP & NU. Obviously, $1B has had a positive impact on the entire BSC ecosystem. I also bought more BAKE & ALPACA to get ready for the upcoming bullrun.
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Offline Tubelight

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #4 on: October 16, 2021, 06:08:33 PM »
Binance cryptocurrency is a very reliable coin. Binance is one of the top three coins in cryptocurrency. As time goes on, the demand and popularity of Binans Smart Chain is increasing. But people are moving towards Binans smart chain platform day by day. Because the facilities of Binans Smart Chain Platform are much better than other performers. I'm going to be in a very good position in the future.
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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #5 on: October 16, 2021, 06:45:53 PM »
if that happens I think it can have a good influence on BNB price movements because Binance wants to imitate what has happened with ethereum, Ethereum has an ERC20 network that is used by many platforms with gas costs using ethereum making the price go up very sharply.

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #6 on: October 19, 2021, 05:42:50 AM »
It goes without saying that Binance is currently gaining popularity in cryptocurrency. Considering the popularity aspect, Binans Coin will be far ahead of other coins. The market volume and market cap of Binans Coin is increasing day by day. Hopefully this coin will soon go into a very good state of cryptocurrency.
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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #6 on: October 19, 2021, 05:42:50 AM »


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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #7 on: October 19, 2021, 11:50:22 AM »
The Binance is really here to make a major impact in the crypto space. They have been everywhere in the crypto community. Other projects should emulate them. They have really gained popularity across the crypto world. In a few years from now, they might gain the second position in the ranking if Ethereum didn't do something drastically to boost their network.
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Offline pelana vreo

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #8 on: October 19, 2021, 12:02:45 PM »
Glad to see more new projects in the Binance smart chain ecosystem, I have also seen many participants sign up for the allocation of funds, Like MVBI,MVBII and MVBIII, it's really good to see mass adoption in the crypto space, so far only the Binance platform who do such things, and I hope to see more progress in the future.

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #9 on: October 20, 2021, 12:53:06 PM »
The popularity of cryptocurrency binance is much higher. It is now clear that Binance is in a strong position. There is currently a lot of investment. Currently it is seen that maximum Binance is given in them. This currency will be in a better position in the future. I think it will one day get closer to Ethereum.
« Last Edit: October 20, 2021, 01:34:31 PM by Linda78 »
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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #10 on: October 21, 2021, 05:47:06 PM »
If an exchange like Binance implements such a system, I don't think it's a very important issue because I firmly believe that Binance Exchange does that because on the basis of wanting to create a better exchange than before, it means that the funds obtained are for the development of the exchange.

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #11 on: November 07, 2021, 04:51:34 AM »
Binance has the advantage of being super rich because it is able to create business opportunities from the smallest to the largest and that is the effect of a Changpeng Zhao and this is a testament to his honesty.
Binance would not have been able to spend around 1 Billion USD for the development of the Binance Smart Chain ecosystem if Changpeng Zhao had not previously been agile and honest in his business and I admit that he is a very friendly person.  Cheers !
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Offline babu10

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #12 on: November 09, 2021, 03:10:00 AM »
Good news. I think that's why Binance team is different from all and they will carry their first position also in market. I like their technique and mission that is they know how manage market and what will be in near future in market so that they take their strategy. It was not easier to defect ETH chain in market but it does because of their strategy.

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #13 on: November 21, 2021, 09:09:50 AM »
Binance must be able to make such large funds useful for the future of Binance, a coin that is racing on a blockchain that is being integrated with various events or can be said to be under maintenance.
1 Billion USD is very large and of course there are also many altcoins that do not yet have such a market cap value so I believe and hope that in the future the development of the Binance blockchain will be successful without any problems.
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Offline 36B

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Re: Binance to launch $1B fund to develop BSC ecosystem
« Reply #14 on: November 24, 2021, 02:10:52 AM »
if the Binance platform spends money only for the development of the platform they are developing in my opinion it will not be a problem because until now the platform where the Binance exchange has a good reputation and can provide the best service in the field of cryptocurrency exchange.

 

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