Binance invites Terra developers to build for themselves.
As Terra’s team tries to salvage what’s left of the once top 10 crypto projects, more and more people are withdrawing from the notorious project to be useful elsewhere.
Of course, crypto giant Binance did not let such an attractive opportunity go away and moved to attract more active developers to join the BNB Chain team.
Therefore, an announcement was made on 17 May to support “Terrans” in terms of financing and infrastructure. In this statement, BNB Chain promised dedicated support for projects migrating from the Terra blockchain. This includes marketing, business and token development, support for community growth, and investment from BNB Chain’s $1 billion fund.
#Terra buidlers, we want you to BUIDL on #BNBChain🧡
Join the amazing BNB Chain ecosystem and get dedicated support from our team👇https://t.co/uhp9p67jtu pic.twitter.com/wSaERF2Hsq
— BNB Chain (@BNBCHAIN) May 18, 2022
Attracting developers who were once involved in promising crypto projects, dApps built on Binance’s BNB Chain It will help expand its lineup, which will lead to an increase in the number of active users and a consequent rise in the popularity of the blockchain.
Gwendolyn Regina, director of investment at BNB Chain, articulated the idea, stating that they are ready to assist Terra developers on their journey to “creating the next wave of innovative crypto dApps.”
One of the first projects to accept the invitation, Stader Labs announced that they are honored to join the BNB Chain family.
Welcome to #BNB chain! In these rough times, the #BNB community is ready to welcome any project needing assistance. https://t.co/izu8Nehvzw
— CZ 🔶 Binance (@cz_binance) May 17, 2022