BNB Chain Announces Voting for BIA Winner at Token2049 with $1,000 BNB Reward
James Ding Sep 18, 2024 05:22
BNB Chain invites participants to vote for the BIA Winner at Token2049, with a chance to share $1,000 in BNB rewards.
BNB Chain has announced an exciting opportunity for the blockchain community to participate in the voting process during the BNB Incubation Alliance (BIA) event at Token2049 in Singapore. Participants will not only help decide the winning project but also share $1,000 in BNB rewards, according to the BNB Chain Blog.
How to Participate
The pitching session will be streamed live on BNB Chain’s official accounts on X, YouTube, and Binance Live. To participate, viewers need to:
- Watch the live stream on BNB Chain’s X, YouTube, or Binance Live accounts.
- Vote on Snapshot by connecting their wallet and rating each presenting project. The voting link will be shared during the live stream.
Voting Process
The final scores for each project will be determined through a combination of online voting and on-site judge evaluations:
- Online Voting: Weightage of 1/7. The average scores from all voters will be calculated, excluding the highest and lowest scores, and standardized between 0-30 points.
- On-site Judges: Weightage of 6/7. Judges will score projects across four dimensions: sustainability of the operating model, overall excellence of the founding team, innovativeness of the technology or model, and potential contribution to the BNB Chain ecosystem. Highest and lowest scores will be removed.
The final score for each project will be the combined average of online voting and on-site judges' scores.
Rewards
As a token of appreciation, 20 random community members who participate in the voting will receive $50 in BNB each. To qualify, participants must:
Timeline
- Pitching session: September 18, 2-6 PM UTC+8
- Voting: September 18, 6-7:30 PM UTC+8
- Winner announcement: September 24
- Reward distribution to voters: September 30
The voting link will be shared during the live stream, ensuring that participants can easily cast their votes and be part of this significant event in blockchain innovation. This initiative not only empowers the community but also provides a platform for innovative projects to gain recognition and support.
Image source: Shutterstock