Binance announces 1 billion dollar fund to advance Binance Smart

Binance announces 1 billion dollar fund to advance Binance Smart

The world's leading cryptocurrency exchange Binance has announced a 1 billion dollar fund to develop projects in the Binance Smart. to continue to accelerate chain ecosystem.

Binance has only announced that it is planning to provide $ 1 billion for the development of projects that are based on the Binance Smart. According to the official message, the program is divided into four groups, each of which is geared towards different goals and challenges. $ 100 million are used for talent developments, including mentoring communities, the training of new investors and so on. $ 100 million are used to provide certain protocols liquidity based on various metrics such as innovation, active users, TVL, trading volume, etc. 300 million US dollars are invested in a construction and incubation program. Finally, $ 500 million are used to accelerate the “mainstream acceptance and the disorder of financial infrastructures”. .