BNB Chain Weekly Recap Week 49 (1/12

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.

KEY TAKEAWAYS

On-chain metrics grew optimistically in the past week
Engage-to-Earn – The Future of Web3 SocialFi
Original NFT Artworks vs Screenshots – What are the differences?
Binance Labs Has Made $4.5M Strategic Investment in Ambit Finance
BNB Chain Builder Grant Names November Winners
Learn Web3 with Ronaldo and BNB Chain
BNB Chain Spotlight: Tally

ECOSYSTEM UPDATES

On-chain indexes grew optimistically in the past week. Despite the market’s bad news and bad macroeconomics, BNB Chain remains one of the most active ecosystems.

The BNB Burn indicator is having some minor errors, so we can’t track it right now. But as you all know, BNB has been continuously burned throughout the past quarters, and this quarter is no exception.

BNB Chain On-Chain Data Highlights

Content of the Week

Engage-to-Earn – The Future of Web3 SocialFi

Engage-to-Earn is a new earning protocol that works similarly to existing Play-to-Earn or Learn-to-Earn platforms. Users who engage on the platform regularly will be rewarded with the platform’s native cryptocurrency for their time spent participating.

Take a look for more details

Original NFT Artworks vs Screenshots – What are the differences?

Many industries, whether it be art, sports, or gaming have hopped on the non-fungible tokens (NFTs) train. With many newcomers flocking into the space, some people unfamiliar with the technology may believe that a screenshot of an NFT is the same as the original.

Binance Labs Has Made $4.5M Strategic Investment in Ambit Finance

Bnb Chain Weekly Recap Week 49 - 3 — *Source Binance Labs*

Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment to commit up to $4.5 million to Ambit Finance, a DApp using novel structured financial products to enhance the utility of BUSD and other select crypto assets.

The deal will also see Binance Labs and Ambit collaborate on launching future DeFi apps with a focus on innovation, security, and risk control, and partner with projects within the BNB Chain ecosystem and beyond.

BNB Chain Builder Grant Names November Winners

The BNB Chain Builder Grant program is committed to giving Web3 initiatives practical assistance so they may advance to the following stage of development. BNB Chai is allocating an ongoing monthly investment of up to $500,000 to projects with promising futures.

Our efforts in supporting you will not end at the grant level and will look to continue working together to make Web3 mass adoption a reality!

Make your mark on Web3 now with a little help from your friends at BNB Chain.

To learn more about the topic, please visit here.

Learn Web3 with Ronaldo and BNB Chain

Bnb Chain Weekly Recap Week 49 - 4 — *Source BNBChain Blog*

Cristiano Ronaldo is the greatest footballer of his generation. He’s won 32 trophies throughout his career, including seven league titles, five UEFA Champions Leagues, and the UEFA European Championship.

How does ‘Learn Web3 with Ronaldo and BNB Chain’ work?

• Visit the training page and connect your wallet.

• Read a Web3 article and answer a quiz question (1 article and quiz question per day for 7 days). Each correct answer earns you 1 Lucky Draw chance.

• Answer all 7 questions correctly and your chances will double to 14!

BNB Chain Spotlight: Tally

Bnb Chain Weekly Recap Week 49 - 5 — *Source BNBChain Blog*

Tally is a platform for on-chain decentralized organizations. Tally is the most popular way to run on-chain DAOs. Tally makes it easy to create and manage your DAO, allowing you to focus on growing your organization instead of worrying about the technical details of the blockchain.

Tally is backed by leading crypto venture capital firms including Blockchain Capital, Castle Island Ventures and 1kx.