BNB Chain Partners with Web3 Industry Leaders to Accelerate AI and Web3 Development in 2024

(PRESS RELEASE – DUBAI, UAE, January 17, 2024)

BNB Chainthe community-driven blockchain ecosystem that includes the The world's largest smart contract blockchain.announced today his Hackathon Program 2024 which seeks to accelerate the development of artificial intelligence (ai) and other prominent sectors on the Web3. The 'Building Intelligent, Fully Chained Applications' hackathon not only incentivizes the next wave of innovation in ai, but also features additional tracks in line with emerging trends shaping the industry and boasts an impressive list of leading sponsors of the industry, including Polyhedral network, dora factory, DEGO Finance, USD (true USD), and THEN A.

2024 is expected to be a boom year for Web3 across multiple industries. In addition to the ai ​​applications they get tech/2024/01/10/making-sense-of-web3s-burgeoning-ai-ecosystem/” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>$25 billion in financing through 2023projections show a surprising growth rate ofai-web3-and-emerging-tech/?sh=705f00363a4e” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”> From $922 million in 2022 to $7.1 billion in 2032. for the gaming industry driven by ai-based interactive games. DappRader Data also shows significant growth in Web3 games with approximately 1 million unique active wallets (UAWs) interacting with Web3 games in recent months.

In addition to these booming trends, DePin and DeSci have been highlighted as 'crypto-innovations-to-watch-in-2024/” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>crypto innovations to watch out for in 2024'. DeSoc's growth is also a priority. To that end, the BNB Chain 2024 hackathon was established to offer developers the opportunity to develop the following tracks and make their mark:

• ai Track
• Infrastructure track
• games court
• PIN Track
• DeSoc Track
• DeSci Track

In addition to the 2024 tracks, additional challenges from our hackathon partners will be available in the first quarter to provide a broader scope for creativity and innovation.

In the first quarter (Q1) of the 2024 hackathon, participants will have access to a funding pool of $60,000. The winners will receive a complete Starter Pack worth $300,000 ($50,000 each), including credits from AWS, Google Cloud, and other crucial development tools. Additional rewards will be available in the sponsor section, where participants can look to boost their funding with an additional prize pool of up to $115,000.

Winners will also be eligible to receive BNB Chain support for up to one month after the event with a dedicated technical support group. They will have the opportunity to interview directly with MVB. To thank and recognize developers who contribute to the BNB chain ecosystem, a $10,000 prize will be distributed to all qualifying submissions. Sending requirements can be found on the BNB chain. Blog.

Registration is open from January 18 to February 1, 2024 and workshops will take place on February 18, 19, 22, 24, 29, 31 and 1, 2024.

The submission period will be from February 8 to 22, 2024. Winners will be announced on March 1, 2024.

Developers can apply to the BNB Chain hackathon here.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that seeks to remove barriers to Web3 adoption. Powered by BNB, it includes the world's largest L1 blockchain, supported by EVM. BNB Smart Chainand fosters a multi-chain ecosystem with BNB Greenfield and opBNB. Offering ultra-low gas fees and superior TPS, the BNB Chain ecosystem hosts thousands of dApps in DeFi, metaverse, gaming, SocialFi, nft and infrastructure, each of which adds value to its ecosystem.

BNB Chain fosters impactful Web3 innovation with its BNB Chain Builder Support Program. This includes the MVB accelerator programexecuted in partnership with Binance Labs and CMC Labs.

For more information, follow the BNB chain on Twitter.

Contact

BNB Chain
[email protected]

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