Oh boy, here we go! BNB Chain is going big with its fancy new $100 million incentive program, and they’re not just throwing change around! They’ve gone ahead and snatched over 40 million TAG tokens from TaggerAI, paying a cool $25,000 for the privilege. That’s right, folks – *$25,000*. I mean, who needs a yacht when you can get 40 million TAG tokens, am I right? 😂
This monumental purchase is all part of BNB Chain’s grand plan to, you know, “fuel innovation” and “drive adoption” on their network. Sounds like the kind of corporate-speak that’s meant to impress but really just makes you wonder if there’s a magic unicorn involved. 🦄
Apparently, last year, BNB Chain launched this incentive program with all the optimism of a kid on Christmas morning. But after a mere three weeks and a truckload of feedback (and probably some complaints), it became clear that the original plan wasn’t working. Shocker! 😜 So, they went back to the drawing board and came up with a better version, involving acquisitions from projects with market caps above $1 million, trading volumes of at least $200,000, and, you know, just a little bit of *user engagement*. Because who doesn’t love a good metric, right?
In case you’re wondering, the token acquisitions are also open to those projects with *robust* Total Value Locked (TVL) metrics and meet the program’s oh-so-important security requirements. Because what’s a massive incentive program without some good ol’ security measures? 🙄
1/ How to Qualify?
Projects must meet on-chain data & security requirements:
📌 Trading-Driven Assets
• Market Cap ≥ $1M
• Avg. daily traders ≥ 300
• Avg. daily volume ≥ $200K📌 TVL-Driven Assets
• TVL ≥ $20M
• Evaluated by the growth of the protocol’s TVL🔒 Security…
— BNB Chain (@BNBCHAIN) April 18, 2025
TaggerAI, the *lucky* recipient of the 40 million TAG tokens, was launched just last December. Talk about a quick rise to fame! It’s a full-stack decentralized AI data solutions platform that’s here to revolutionize the world. Or at least that’s what they want you to think. They use blockchain to crowdsource, authenticate, and trade high-quality labeled datasets. Basically, it’s like eBay, but for data. 🛒📊
The TAG token purchase is just the latest in a series of acquisitions, with previous buys including FAIR3, BGSC, SKYAI, AIOT, TST, Broccoli (yes, *Broccoli*), and Mubarak. I guess when you’re throwing around $100 million, you can afford to grab a little bit of everything, even some veggies. 🥦
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2025-07-22 11:40