BNB Chain has announced CoCo Coin ($COCO) as the winner of the third round of its 'Meme Heroes' support program, offering $50,000 to further the project's development.

Winner of Meme Heroes Program

BNB Chain, a leading blockchain ecosystem, has named CoCo Coin ($COCO) as the winner of the third round of its 'Meme Heroes' program. CoCo Coin will receive $50,000 in liquidity pool support to expand and further its meme coin projects.

Selection Criteria and Features of CoCo Coin

CoCo Coin is a SocialFi project built on the BNB Smart Chain, aiming to create a social ecosystem through various investment opportunities and social media interactions. To win the third round of the 'Meme Heroes' program, projects had to meet stringent criteria such as locking 100% of LP liquidity for at least one year or transferring it to a null address, allocating 10% of total token supply to the LP, and maintaining ownership distribution limits.

BNB Chain's Role in Advancing Web3

BNB Chain actively supports memecoins as a tool for onboarding new users into Web3, aligning with its mission to bring the next billion users into the space. The 'Meme Heroes' initiative serves as a platform to support memecoins offering real utility, aiming to help them reach their business goals.

BNB Chain continues to strengthen the role of memecoins in the industry by supporting innovative projects like CoCo Coin, reaffirming its commitment to advancing Web3 spaces.