BNB Chain is thought to be one of the world’s most actively used blockchains by daily active users. They have just announced a new $10 million dollar fund to help projects with user acquisition and growth in web3.
The program, known as the Growth Incentive Program, will initially support 10 projects in the fourth quarter, with gas incentives of up to 800 BNB tokens a month in total. In addition, individual projects can receive $1 million a month to cover fees spent on gas, the transaction fee paid to blockchain network validators for their services.
Qualification criteria for the program require that projects achieve a baseline target of daily active users every month that is consistent with proof of growing user adoption. Only projects already deployed on the chain are eligible, but they can be at any stage of their journey as long as they have shown consistent user growth.
Gwendolyn Regina, investment director at BNB Chain, stated: “Through the Growth Incentive Program, BNB Chain aims to support projects at various stages of growth and provide direct support for user acquisition.” 
