Binance: Latest News Overview

Binance Labs Invests in Merit Circle

Binance Labs invested in Merit Circle, a decentralized autonomous organization (DAO). The amount of funds raised has not been disclosed. As part of this, Binance Labs and BNB Chain will support Merit Circle in taking blockchain gaming to the next level. 

Bill Qian, Head of Binance Labs , said: “We see Merit Circle as a high-potential DAO with a deep understanding of the mechanics of the money game and the gaming industry. This is why Binance Labs invested in MC last November and will continue to work closely together and continue to build the gaming ecosystem together on BNB Chain .  ”

Binance Invests in French Incubator

Binance, at the Blockchain Week summit, shared the news of a partnership with the Paris-based startup incubator Station F. As part of the partnership, the company also allocated €100 million to develop the project in order to expand its presence in Europe.

“France is uniquely positioned to become an industry leader in Europe ,” said Binance CEO Changpeng Zhao, adding that the exchange already has a team of 50 employees in the country. 

“For all people who want to better understand blockchain and cryptography, we hope this place will help them enter the world of web3 ,” said Roxana Varza, Director of Station F.

IGO Stepn on Binance

Binance will host IGO Stepn on Binance NFT. During the IGO, 1000 NFT sneakers will be raffled off, 85% of them are ordinary and 15% of them are with unique qualities. unusual qualities. By burning tokens, adding attribute points and NFT gems, wearers will be able to increase the level and performance of NFT sneakers. The minimum price of sneakers at the moment is ~$1000. 

The terms of participation:

  • The average daily amount of BNB on the balance must be greater than 0.1 BNB;
  • At the end of the subscription period on the page (https://www.binance.com/en/nft/staking/stepn) IGO block 0.5 BNB;
  • Start of the subscription period: 03:00 Kyiv/Msk 13.04;
  • End: 05:00 Kyiv / Moscow 16.04;
  • Maximum 1 ticket per account.

If the ticket is not winning, the funds will be returned back to the balance. 

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CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources . Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.

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