BNB Chain Weekly Recap Week 37 (8/9 – 14/9)

Source : cryptodaily.io

BNB Chain is moving forward daily, and we hope you guys do not miss any news in the last 7 days. Here is your BNB Chain Weekly recap.

TL;DR

  • BNB Chain Highlight On-Chain Data
  • Binance Account Bound (BAB) Token Holders set for Exclusive Usecases Across BNB Chain Ecosystem
  • BNB Chain and Google Cloud Collaborate to Accelerate the Growth of Web3
  • DappBay Sounds Alarm for Latest Projects Exhibiting Risk
  • Binance Will Support Potential ETH Fork via ETH PoW Airdrop on BNB Chain
  • Binance Labs Co-leads the Seed Round for Hooked Protocol to Drive Community-Owned Economies

Ecosystem Updates

Despite the market turmoil, the developer community always strives to enrich the BNB Chain landscape and share prosperity with the user community. The Devs gave BNB Chain some important updates and great news this week, which are listed below.

BNB Chain Highlight On-Chain Data

BNB Chain Project Ranking Updates

Bnb Chain Weekly Recap Week 37 (8/9 - 14/9) - 2

Binance Account Bound (BAB) Token Holders set for Exclusive Usecases Across BNB Chain Ecosystem

Bnb Chain Weekly Recap Week 37 (8/9 - 14/9) - 3

First Batch of 14 Web3 Partners Has Supported BAB Token in BNB Chain

Binance and BNB Chain users will be able to leverage these perks by minting BAB tokens to their wallet address on BNB Chain

Owning a BAB token has many advantages, including access to freshly introduced features across our ecosystem, VIP privileges, and exclusive airdrops. For the first time, Binance and several Web3 projects will collaborate on this project to present practical applications for soulbound tokens.

Read more details here.

BNB Chain and Google Cloud Collaborate to Accelerate the Growth of Web3

Bnb Chain Weekly Recap Week 37 (8/9 - 14/9) - 4

BNB Chain and Google Cloud are collaborating to foster high-growth, early-stage Web3 and blockchain companies by offering a solid platform, cloud computing credits, mentorship, and improved technical support.

Early-stage Web3 and blockchain firms will be able to build and expand high-performance, cost-effective, and sustainable innovations for users and the entire industry thanks to the strategic collaboration.

To enable start-ups and developers to build on the company’s open, scalable, developer-friendly, secure, and sustainable cloud infrastructure, Google has announced a new partnership with BNB Chain. For on-demand analysis of on-chain data and data encryption as it is being handled, these applications can use Google Cloud services.

Find out further details here.

DappBay Sounds Alarm for Latest Projects Exhibiting Risk

Bnb Chain Weekly Recap Week 37 (8/9 - 14/9) - 5

Source BNBChain.org

The Red Alarm list highlights risky dApps on BNB Chain. The dApps on the Red Alarm list are assigned a significant or high-risk level and range from rug pulls to scams.

In most cases, a risky dApp’s contract performs differently from what the dApp advertises. When dApp users interact with risky contracts, they are at risk of losing all their funds.

The Red Alarm list is updated every Friday on DappBay to include new risky projects and decentralized applications. With an increasing number of dApps on the Red Alarm list, users can sort dApps by category, date listed on Red Alarm, and highest number of users.

Find out more here.

Binance Will Support Potential ETH Fork via ETH PoW Airdrop on BNB Chain

Bnb Chain Weekly Recap Week 37 (8/9 - 14/9) - 6

Source BNBChain.org

All wallet addresses on BNB Chain that have a balance of  0.1 ETH or larger will be eligible for the airdrop of the forked ETH PoW token at a ratio of 1:1.

The airdrop will be based on the snapshot of your ETH balance at the block of BNB Chain (including BNB Beacon Chain and BNB Smart Chain) before the Ethereum fork happens.

It is extremely important that you understand we airdrop solely to wallet addresses and not smart contract addresses.

For more details, read here.

Binance Labs Co-leads the Seed Round for Hooked Protocol to Drive Community-Owned Economies

Bnb Chain Weekly Recap Week 37 (8/9 - 14/9) - 7

Source Binance Blog

Binance Labs, the venture capital and accelerator arm of Binance, co-led the seed round for Hooked Protocol together with Sequoia Seed Fund. Hooked Protocol is building a community-driven social network with an on-chain tokenomics design. Users can learn, earn, and enjoy a gamified experience all in the Hooked ecosystem. Hooked Protocol will initially launch on the BNB Chain and later expand into Layer 1 networks.

Hooked Protocol aims to help Web2 users transition into the Web3 ecosystem seamlessly, and build the growth infrastructure that decentralized applications (dApps) can implement. While these applications can operate independently, they will form a synergetic network to drive community-owned economies and open innovation.

The applicability of Hooked Protocol is defined by three key pillars: identification, engagement, and attribution. The team is integrating wallets and decentralized identifiers (DIDs) into the Hooked ecosystem, allowing users to access their Web3 identities automatically.

Read more about the fundraising

Additional Notable Events

Biswap Partnership with WOO Network

Apollo X Partnership with Venus Protocol

Seedify Funds INO Calendar – 4 Step to Enter INOs
Travala.com Partnership with Illuvium

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