Binance Coin to Hold Hackathon on June 11th

BNB Chain has officially launched BNB Hack, a new hackathon series featuring dedicated tracks for AI, DePIN (Decentralized Physical Infrastructure), DeSci (Decentralized Science), and DeSoc (Decentralized Society). The initiative aims to explore and support innovation across emerging sectors built on BNB Chain. The opening ceremony will take place on June 11 at 12 PM UTC and will be streamed on YouTube. Refer to the official tweet by BNB: New kicks off ✨Introducing BNB Hack—now with tracks for AI, DeSoc, DeSci & DePIN.Join us for the Open Ceremony as we dive into the future of AI, DePIN, DeSci & DeSoc on BNB Chain.🗓️ 11 June, 12 PM UTC📍 BNB InfoBNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart Chain. It serves several functions, such as reducing trading fees on the Binance exchange, paying for transaction fees on both the BNB Beacon Chain and BNB Smart Chain, and being utilized in games and DApps within the BNB Chain ecosystem. It’s also employed to participate in token sales hosted on the Binance Launchpad and provide liquidity on Binance Liquid Swap. Furthermore, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms like Travala.com.As of September 2020, with the launch of the BNB Smart Chain, BNB can exist in three forms: BNB BEP-2 on the BNB Beacon Chain, BNB BEP-20 on the BNB Smart Chain, and BNB ERC-20 on the Ethereum network.