BNB Chain Drops New NFTs To Mark Its Third Year Of Growth And Resilience

On Aug 28, 2023

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BNB, a community-driven, decentralized, and censorship-resistant blockchain, has announced ready plans to drop a new non-fungible token to celebrate its third anniversary. The celebrations aim to highlight the growth and resilience of the broader blockchain industry over the past three years.

In an August 28 blog post, BNB Chain confirmed plans to celebrate its three years through a series of global community events from August 28 to September 2. The decentralized blockchain has announced plans to drop a new NFT collection as part of the celebrations.

It’s our birthday week! 🎂🎂🎂
But instead of asking for gifts, we’re giving back to the entire Web3 community.
Read our announcement blog and get the inside scoop on this week’s festivities. #BNBChain3YA https://t.co/QBktl3PuSi
— BNB Chain (@BNBCHAIN) August 28, 2023

BNB Chain Short History

Launched in 2020, BNB Chain is a blockchain created by Binance, one of the world’s largest crypto exchanges by trading volume. The blockchain is fueled by BNB, formerly known as Binance coin. It’s a decentralized, open-source ecosystem that helps users create, store, and exchange data.

The blockchain uses a proof-of-stake system to validate transactions and govern the network, and it was designed as a high-performance blockchain for smart contracts that would be compatible with the Ethereum Virtual Machine (EVM). BNB Chain is one of the most popular chains in the world, recording roughly 4 million daily transactions and more than 1.4 million contracts.

BNB Chain is rolling out an engaging series of online events to create an inclusive celebration. The decentralized network is diversifying its celebration with the launch of a Web3 video game, BNB Chain Awards, social media quizzes, and a limited edition NFT drop. These activities aim to shine on the community that has played a pivotal role in shaping the Web3 industry.

BNB Chain To Launch Ecosystem Catalyst Award

BNB Chain has also announced plans to introduce an Ecosystem Catalyst Award as an exciting addition to the celebration. These awards aim to recognize the top projects within BNB Chain’s ecosystem, including ‘Innovation Excellence, Decentralized Finance (DeFi), Gaming, NFT and the Metaverse’, and Infrastructure.

To make the celebration even more unique, those actively engaging in the on-chain voting award campaign will be eligible to mint the NFT, adding a sense of ownership and exclusivity to the event. BNB Chain’s celebrations will not only symbolize the achievements of a single blockchain but also represent the collective strides of the entire Web3 community.

BNB Chain NFT Market Health

Non-fungible tokens hosted on BNB Chains react slightly to the highly anticipated celebrations. According to CryptoSlam.io, an on-chain data aggregator, BNB Chain-based NFTs have recorded a trading sales volume of $702,761, representing a 64% spike in the past 24 hours. BNB Chain NFT market surge alongside other NFTs has pushed the global NFT sales up 4% in the past 24 hours.