Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire…

Bitcoin.com | Oct 13, 2021 at 4:30 AM
  • Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry”.
  • The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain industry”.
  • Binance divides the new $1 billion fund into four different categories: $100 million for talent development, $100 million for the liquidity incentive program, $300 million for the builder program, and $500 million for the investment & incubation program.