Binance is investing $1bn in its BSC ! But where? by vlemon

View this thread on steempeak.com
· @vlemon ·
$2.81
Binance is investing $1bn in its BSC ! But where?
Hello HODLers,

Today Binance started pumping and as I have some BNB and mostly I invested in some Binance Smart Chain projects I believe in.

![image.png](https://images.hive.blog/DQmTo99P5ePkWpiqKckVt8QyNJj92JUtCV4w64ECfTkpLna/image.png)

Despite the current pressure on Bitcoin (-2% as I am writing), BNB is up +2% while other altcoins I mostly down 5-8%.

So I tried to fund the reason why BNB pumped.

![image.png](https://images.hive.blog/DQmNq94xwxWdCS717tdEJA5PWMdTGbwnf7RjhJ44dgz7phS/image.png)

I found the answer quite easily in an article from The Block: [Binance launches $1 billion growth fund for Binance Smart Chain](https://www.theblockcrypto.com/linked/120235/binance-launches-1-billion-growth-fund-binance-smart-chain)

**This is an amazing news for the ecosystem and something needed if BSC wants to be a long term competitor to Ethereum.**

The $1bn fund has clear areas it wants to focus in:

>* $100mn for  mentoring developer communities, providing academic scholarships to institutions, and supporting research and development activities around crypto and blockchain

>* $100mn for LPs involved in the BSC DeFi space

**Builder program**

>* $100mn for hackathons, bug bounty and development programs
>* $200 million for incubating 100 decentralized apps building on top of BSC

**Investment and incubation program**

>* $500mn for startups across areas, including decentralized computing, gaming, metaverse, virtual reality, artificial intelligence, and blockchain-based financial services.

![image.png](https://images.hive.blog/DQmVsxUBNSEttko3J3d7LDXL9BWGYLXLXAs798Z1EPjeUdf/image.png)


#### Which projects would I like to get some of this funding?

* **CubFinance $CUB**

Well, if you are reading this, you **know** I would love CubFinance to get some of this money so we have more developers and cool features, kingdoms and marketing !

![image.png](https://images.hive.blog/DQmXAKc2c8ZaSaLk85aHjw1SGphXiJBwQGY2jd9hFp3V691/image.png)

As our asset is the community, maybe we should organize some kind of push to let the Binance institution that this project is real and it has a big user base. I am sure @notak would agree as any publicity is good right? :D

* **Crusaders of Crypto $CRUSADER**

I have talked about this project in lenght, I believe this is a gem and it has started to do some marketing and $CRUSADER gained +100$ over the past 2 weeks. Still under 2mns and so many updated and things happening.

Today, a new release was implemented, if you have 1bn token you get a daily NFT (worth at least 0.05bnb if you sell it back to the marketplace) !

Check my Youtube Channel if you want more information

https://www.youtube.com/watch?v=BCAUh_-WLwY&t=4s

* **Kalata $KALA**

This is a derivatives platform on BSC which seems to have a lot of connection to other projects/platforms.

You can mint stocks or other tokens through a backing with $KALA tokens.

![image.png](https://images.hive.blog/DQmWUXBZhNop97QY2bZctczLqroPjUk6Kvd7bWnreBpUXGm/image.png)


Lots of pools to earn and they just launched their own stablecoin kUSD.

**This is NOT financial advice, use at your own risks.**

#### Share with me projects you would like to be funded and get upvotes from me
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 169 others
properties (23)
post_id94,704,675
authorvlemon
permlinkbinance-is-investing-usd1bn-in-its-bsc-but-where
categoryhive-175254
json_metadata{"tags":["hive-175254","binance","defi","cryptocurrency","crypto","news","blog"],"users":["notak"],"image":["https:\/\/images.hive.blog\/DQmTo99P5ePkWpiqKckVt8QyNJj92JUtCV4w64ECfTkpLna\/image.png","https:\/\/images.hive.blog\/DQmNq94xwxWdCS717tdEJA5PWMdTGbwnf7RjhJ44dgz7phS\/image.png","https:\/\/images.hive.blog\/DQmVsxUBNSEttko3J3d7LDXL9BWGYLXLXAs798Z1EPjeUdf\/image.png","https:\/\/images.hive.blog\/DQmXAKc2c8ZaSaLk85aHjw1SGphXiJBwQGY2jd9hFp3V691\/image.png","https:\/\/img.youtube.com\/vi\/BCAUh_-WLwY\/0.jpg","https:\/\/images.hive.blog\/DQmWUXBZhNop97QY2bZctczLqroPjUk6Kvd7bWnreBpUXGm\/image.png"],"links":["https:\/\/www.theblockcrypto.com\/linked\/120235\/binance-launches-1-billion-growth-fund-binance-smart-chain","https:\/\/www.youtube.com\/watch?v=BCAUh_-WLwY&t=4s"],"app":"steemit\/0.2","format":"markdown"}
created2021-10-13 05:44:27
last_update2021-10-13 05:44:27
depth0
children3
net_rshares5,814,706,619,348
last_payout2021-10-20 05:44:27
cashout_time1969-12-31 23:59:59
total_payout_value0.951 SBD
curator_payout_value1.854 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,209
author_reputation499,906,621,111,017
root_title"Binance is investing $1bn in its BSC ! But where?"
beneficiaries
0.
accountph-fund
weight5,000
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (233)
@luckyali · (edited)
$0.03
ofcourse BSC is the long term competitor of ethereum chain  and i believe that BSC will surely outperform ethereum soon because despite this there is  high gas fees issue which i believe very bad thing for any blockhain.  What you say about that ? By the way solid information you have shared keep sharing...
πŸ‘  
properties (23)
post_id94,708,179
authorluckyali
permlinkr0wsts
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2021-10-13 09:25:09
last_update2021-10-13 09:26:21
depth1
children1
net_rshares59,987,289,057
last_payout2021-10-20 09:25:09
cashout_time1969-12-31 23:59:59
total_payout_value0.013 SBD
curator_payout_value0.013 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length308
author_reputation29,892,040,056,464
root_title"Binance is investing $1bn in its BSC ! But where?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@vlemon ·
Thanks for this kind comment ! Indeed fees are lower on BSC and there are a lot of cool dapps. Also, they have trended up a lot as the network is growing (c.20-30 cents per tax when it used to be 10-15 cents).
properties (22)
post_id94,709,238
authorvlemon
permlinkr0ww67
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2021-10-13 10:37:18
last_update2021-10-13 10:37:18
depth2
children0
net_rshares0
last_payout2021-10-20 10:37:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length209
author_reputation499,906,621,111,017
root_title"Binance is investing $1bn in its BSC ! But where?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@chucho27 ·
Greetings @limΓ³n, very good news that you share with us, the truth BSC performs a lot of projects, many of them unknown to us, but they are generating a huge amount of liquidity to the market, and this is very good for all of us who are immersed in this world of Blockchain, it only remains to pursue these projects and make multiple investments, many good things can be achieved.
πŸ‘  
properties (23)
post_id94,728,163
authorchucho27
permlinkr0y5bd
categoryhive-175254
json_metadata{"users":["lim"],"app":"steemit\/0.2"}
created2021-10-14 02:52:33
last_update2021-10-14 02:52:33
depth1
children0
net_rshares191,935,245
last_payout2021-10-21 02:52:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length380
author_reputation208,395,764,935,287
root_title"Binance is investing $1bn in its BSC ! But where?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)