KEY TAKEAWAYS 

  • Binance NFT Marketplace Expands to Support Bitcoin Ordinals: Unlocking New Opportunities for Collectors and Creators
  • Build the Block: A Groundbreaking TV Show Showcasing Promising Web3 Projects
  • Binance Will Support the Gala (GALA) Contract Swap 
  • Ukrainian Startup Fund and BNB Chain Seek Startups for BNB Blockchain Bootcamp Event
ApeBond - 970x90

ECOSYSTEM UPDATES

Image 242

Binance NFT Marketplace Expands to Support Bitcoin Ordinals: Unlocking New Opportunities for Collectors and Creators

Image 245

The Binance NFT Marketplace is expanding its platform to support Bitcoin Ordinals, which are Bitcoin NFTs created by attaching data to individual satoshis on the Bitcoin blockchain.This move aims to offer more opportunities to collectors and creators in the NFT community and to broaden the multi-chain ecosystem of the Binance NFT Marketplace. 

Bitcoin Ordinals allow for the identification and transaction of individual satoshis with additional data attached, such as text, images, or videos. This innovation is made possible by recent updates to the Bitcoin protocol. 

The integration of Bitcoin Ordinals into the Binance NFT Marketplace will enable users to trade and purchase Bitcoin NFTs directly from their Binance accounts, eliminating the need for a separate wallet. This integration aims to enhance the NFT experience for users and position Binance NFT as a leading platform for trading Bitcoin NFTs.

For more details, visit here

Build the Block: A Groundbreaking TV Show Showcasing Promising Web3 Projects

Image 246

Binance Studio, in collaboration with Binance Labs, is producing a virtual competition called Build the Block. 

The show will feature 12 Web3 projects that will compete against each other in seven episodes. The contestants will pitch their ideas to a live avatar audience and a panel of judges, who will then score the participants. The winning project of each episode will receive Binance Labs exposure, while the top-scoring project of the entire show will be crowned the winner during the season finale on June 2. 

The contestants were handpicked from over 900 applications, and their projects range from decentralized privacy-preserving tools to blockchain-based games.

For more details, visit here

Binance Will Support the Gala (GALA) Contract Swap

Image 244

Binance will facilitate the contract swap for the Gala v2 (GALA) token on the Ethereum (ERC20) network. Starting from May 15th, 2023, at 15:00 (UTC), deposits and withdrawals of GALA on the Ethereum network will be temporarily suspended. It’s important to note that the old GALA (ERC20) tokens will no longer be supported, as they will not have any token utility. 

Gala Games is excited to introduce GALA(v2), an upgraded version of the Gala token’s Ethereum contract. The update brings various enhancements, such as improved burn mechanisms, enhanced security, and the ability to be upgraded in the future. The Gala Games team aims to keep GALA and the Gala Games ecosystem at the forefront of blockchain technology and user-friendliness.

For more details, visit here

Ukrainian Startup Fund and BNB Chain Seek Startups for BNB Blockchain Bootcamp Event

Image 243

The Ukrainian Startup Fund and BNB Chain are collaborating to find startups that work with or are willing to implement BNB chain in their products. They are organizing a three-day BNB Blockchain Bootcamp event where startups with MVP, an established team, and working with BNB chain can attend lectures, work with mentors, and present their projects. 

The winner of the competition will receive a cash prize of USD 4,000, and the 2nd and 3rd place winners will receive prizes from event partners. The initiative aims to bring together the best talents in the industry for training and hands-on mentoring, creating a powerful network for exchanging experiences and innovative ideas. Ukraine ranks first in the world in the use of virtual assets, making it a growing industry and a center for a new future.

For more details, visit here

Additional Notable Events

DeFi

GameFi, NFT, Meme

ApeBonds - 300x250