Luisa Crawford
Aug 13, 2024 10:45
BNB Chain announces its 4th Anniversary Ecosystem Catalyst Awards to honor innovative projects in categories like DeFi, Gaming, and Infrastructure.
As BNB Chain’s 4th anniversary approaches, the community-driven blockchain ecosystem is gearing up to celebrate projects that have contributed to its growth by announcing the launch of the 4th Anniversary Ecosystem Catalyst Awards Selection, according to BNB Chain Blog.
BNB Chain Ecosystem Catalyst Awards
The BNB Chain Ecosystem Catalyst Awards will recognize and honor projects that have contributed to the BNB Chain ecosystem. Awards are split into categories, with each segment highlighting excellence in different segments. The categories include Innovation Excellence, Decentralized Finance, Gaming, NFT, and the Metaverse, Infrastructure, and Rising Star.
Innovation Excellence
This category celebrates pioneering projects that harness the cutting-edge applications of AI, opBNB, and Greenfield technologies to reshape the technological landscape through their revolutionary ideas and innovative solutions.
Decentralized Finance
This category recognizes projects at the forefront of decentralized finance (DeFi), innovating and pushing boundaries to create novel financial solutions.
Gaming, NFT, and the Metaverse
This category features projects that are shaping the future of interactive entertainment, gaming, and digital ownership.
Infrastructure
The infrastructure category will showcase projects contributing to the foundation and infrastructure of the BNB Chain ecosystem.
Rising Star
Recognizes innovative newcomers making a significant impact on the BNB Chain ecosystem, spotlighting promising projects deployed in 2024.
Participating in the BNB Chain Ecosystem Catalyst Awards
Projects participating in the BNB Chain Ecosystem Catalyst Awards must follow six simple steps. These steps ensure transparency, engagement, and a fair selection process.
Nomination
The nomination phase begins on August 11 and concludes on August 25. Projects can sign up by filling out this form. However, each project can only sign up for one category and award. To enter the nomination process for the BNB Chain Ecosystem Catalyst Awards, projects must create a short video explaining why they deserve the award. Next, the project must share the video on all their social media channels using the hashtag #BNBChainCatalyst and tagging BNB Chain.
Shortlisting
This phase begins on August 26 and concludes on August 29. During the shortlisting phase, an expert panel reviews and shortlists six candidates for each award, ensuring that only the most deserving projects are selected for the next stage.
Candidate Announcements
The shortlisted projects will be announced on August 30. During this phase, projects and the BNB Chain community can also voice any disagreements.
Voting
The voting phase will take place between September 2 and September 9 and will bring community engagement into the spotlight. BAB token holders will vote through an on-chain voting process.
Winner Announcement and AMA Session
Winners will be announced on September 10. The top two projects by vote count in each category will be deemed victorious. AMA sessions with the winning projects will be held on September 17 and 19.
How to Vote in the BNB Chain Ecosystem Catalyst Awards
BNB Chain community members wishing to vote must hold BAB Tokens and link their wallet address to the platform to be eligible to participate in the voting process. You can mint BAB tokens here. Each community member can vote for up to two projects out of six daily or choose to support a single project. However, participating members must remember that once a vote is cast, it cannot be modified.
Voters can redeem 12 extra votes per award if they fulfill the following conditions. Each condition can be redeemed only once:
- Hold 3YA NFTs: +1 vote
- Hold an opBNB Genesis NFT: +1 vote (Snapshot Time: 2 Sep, 12 PM UTC)
- Be a BNB Chain Martian or KOL: +1 vote
- Accumulated 10 transactions with any candidates: +2 votes
- Engage with 10 projects, each with at least one transaction: +3 votes
- Accumulated 0.01 BNB transaction fee with candidates: +4 votes
Those who have cast at least 44 votes are eligible to enter a raffle for exclusive rewards from participating projects. Details will be shared on September 12.
Vote and Celebrate 4 Years of BNB Chain
The countdown to BNB Chain’s 4th anniversary is well and truly underway. The BNB Chain Ecosystem Catalyst Awards are set to propel the ecosystem into a brighter future. Projects are encouraged to participate in the nomination phase by completing this form. BNB Chain will share more information about its 4th anniversary and the Ecosystem Catalyst Awards soon. Additionally, the voting page is set to go live on DappBay on August 30.
Image source: Shutterstock
