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BNB Developers Announce Investment in Two Different Altcoins
Source: CryptoNewsNet Original Title: BNB Developers Announce Investment in Two Different Altcoins Original Link: BNB Chain announced it has invested in two altcoins as part of its $100 million stimulus program to support the ecosystem. According to the announcement, the purchases, made through the BNB Chain Foundation wallet, were completed via direct market transactions.
According to information shared by BNB Chain, the first investment was made in the 人生 (Rén Shēng) token. The foundation added 370,050.73 人生 tokens to its portfolio with a purchase of approximately $50,000. The second investment was in the 踏马 (Tà Mǎ) token. In this transaction, 4,833,569.28 踏马 tokens were purchased for $50,000.
These acquisitions are being conducted as part of BNB Chain’s $100 Million Incentive Program. Under this program, projects meeting specific criteria are included in a “qualified project pool.” These criteria include a minimum market capitalization of $1 million, an average of 300 active traders per day, a daily trading volume exceeding $200,000, and a total value locked (TVL) exceeding $20 million. Furthermore, token distribution, on-chain transparency, and security audits play a significant role in the evaluation process.
The BNB Chain Foundation aims to invest at least $100,000 in projects selected from its pool of qualified projects.