BNB Chain has announced new sponsors for BNB Hack, which will open up new opportunities for developers in the ecosystem.
UpTop's Support for BNB Hack
UpTop, a liquidity protocol on the BNB Chain, simplifies access to DeFi. It helps users earn returns without complexity, offering impermanent loss protection and the ability to provide single-sided BNB liquidity. UpTop stated, 'BNB Chain is where builders turn ideas into actual products. We are proud to support builders helping shape the next evolution of liquidity.' In conjunction with BNB Hack, UpTop has established an $8,000 prize pool for innovations that improve liquidity pools.
Bitring's Innovations in Health
Bitring, a health-tech platform, features a smart ring embedded with AI and biosensors. Unlike traditional wearables, it grants users full control over their encrypted biometric data and incentivizes healthy living. The Bitring team commented, 'BNB Hack is leading the charge in decentralized innovation, and we are proud to contribute.' A prize pool of 10 Bitring Genesis Rings is being offered in conjunction with BNB Hack.
Overview of Successful BNB Hack Projects
Since its launch, BNB Hack has received hundreds of submissions, with several projects already achieving significant milestones. Noteworthy projects include BINK AI, Tokrio, and Stitch AI, which provide solutions for integrating AI and DeFi, opening up new user opportunities. 37 projects have applied for additional prizes and support through mentorship initiatives.
The addition of UpTop and Bitring to BNB Hack signifies the growing momentum of decentralized innovation. The continued support from new sponsors expands opportunities for developers within the BNB Chain ecosystem.
