On July 21, the BNB Chain Foundation executed a strategic asset acquisition, deploying a total of 50,000 USDT to acquire FAIR3 and BGSC tokens. The foundation allocated 25,000 USDT to purchase approximately 868,592 FAIR3 tokens at an average price of 0.02878 USDT per token. Simultaneously, another 25,000 USDT was utilized to obtain around 3.72 million BGSC tokens at a unit price near 0.00671 USDT.
This transaction forms a critical component of the BNB Chainβs broader $100 million incentive program, designed to bolster promising blockchain projects and accelerate ecosystem growth. By strategically investing in these tokens, the foundation underscores its commitment to fostering innovation and enhancing the overall market liquidity within the BNB Chain network.