BNB Chain Launches Global Hackathon Series with YZi Labs

BNB Chain and YZi Labs’ BNB Hack: Local Series offers selected teams up to $50,000 in support, backed by a $1 billion builder fund to foster blockchain innovation.

BNB

Summary

BNB Chain and YZi Labs announced the launch of the BNB Hack: Local Series, backed by a $1 billion builder fund. Top teams in each participating city can receive up to $50,000 in ecosystem support, including mentorship, incubation, and growth opportunities within the BNB Chain network. The initiative aims to strengthen blockchain innovation and developer engagement across global hubs.

Terms & Concepts
  • BNB Chain: A blockchain network developed by Binance for decentralized applications and digital asset transactions.
  • Hackathon: An event where developers collaborate intensively on software projects, often leading to prototypes or innovative solutions.
  • Builder Fund: A financial reserve intended to invest in and support blockchain developers and projects.