Hong Kong, China – June 7th, 2024 – Chainwire
BEVM has unveiled a fresh initiative known as the BEVM Visionary Builders (BVB) program, in the wake of its recent collaboration with Binance wallet for an airdrop event.
Overview of BEVM Visionary Builders
The “Visionary Builders” ecosystem incentive program, initiated by BEVM, is designed to foster the growth of 17 different sectors, including DEXs, lending, stablecoins, and more. By encouraging community engagement and utilizing a multi-faceted evaluation approach, the program aims to distribute rewards totaling $60 million to exceptional projects and users.
A key feature of the program is the introduction of an on-chain community voting system. Project teams participating can showcase their active user base through on-chain voting, a critical aspect of project assessment. Participants in the voting process will not only receive airdrops of ORDINALS•RUNE but also BEVM tokens.
The Visionary Builders program is currently open for submissions. Interested project teams can complete the form in the Ecosystem section of the BEVM website or apply directly through the following link:
BEVM Visionary Builders Application Form
The application process for the Visionary Builders program includes the following steps:
1. Project teams complete the application form.
2. Upon approval, projects are listed on the “BVB” section of the BEVM website, and teams can invite community members to vote.
3. After the first month, BEVM distributes ORDINALS•RUNE assets and $60 million worth of tokens based on the community ECO score ranking.
4. Starting from the second month, BEVM will announce the first batch of BVB winners, with voting scores continuing to accrue.
Reward Distribution
BEVM plans to allocate $60 million worth of assets to reward ecosystem projects and voting users participating in the BVB program. The actual value of rewards will increase as BEVM progresses. The distribution breakdown is as follows:
– 30% allocated for airdrops to on-chain voters
– 70% to incentivize exceptional ecosystem projects and their users
Overall, airdrop rewards will be distributed based on the proportion of ECO scores held by on-chain voting users. Essentially, the higher a user’s voting score, the greater the token rewards they will receive. ECO scores can be earned through three primary methods:
1. Genesis Box
2. Inviting Users
3. Voting
Every month, BEVM will publicly announce the ecosystem projects that have earned the “Visionary Builders” title and implement the corresponding incentive scheme. This transparent reward mechanism ensures that every participant is duly recognized for their contributions.
BEVM Visionary Builders: Fueling the Bitcoin Ecosystem
The BVB program serves as a catalyst for ecosystem vitality and reflects BEVM’s strategic initiative to enhance the prosperity and growth of its ecosystem. This program holds significant value as it not only presents new prospects for BEVM but also offers valuable insights for the wider cryptocurrency industry.
In the cryptocurrency realm, technological innovation, market potential, and community engagement play pivotal roles in determining a project’s success. Through multi-dimensional evaluation and on-chain community voting, BEVM can identify and support projects with immense potential while mobilizing community involvement. By assessing market potential, BEVM can pinpoint projects capable of reshaping the industry landscape and driving ecosystem growth.
With an estimated investment of $60 million into the program, BEVM is offering substantial rewards rarely seen in the industry. By incorporating on-chain voting and multi-dimensional evaluation mechanisms, BEVM ensures equitable rewards for every project and user.
The introduction of a community voting mechanism enhances BEVM’s governance, making it more decentralized and democratic. Decentralized governance is crucial in enhancing project transparency and credibility in the cryptocurrency sector. Community members directly participate in project selection through voting, fostering a sense of involvement, fairness, and transparency.
Under the BVB program, BEVM will provide robust technical support to selected projects to help them overcome technical hurdles and enhance their capabilities. Additionally, BEVM will employ various marketing strategies to elevate the visibility and impact of these projects. Furthermore, BEVM will collaborate with investment institutions like Bitmain, Waterdrip Capital, Satoshi Labs, and exchanges to establish an acceleration fund focused on the BEVM ecosystem, investing in outstanding projects within the ecosystem.
About The Visionary Builders Program
The launch of the BEVM Visionary Builders program underscores BEVM’s commitment to building a thriving ecosystem. As the program evolves, BEVM is set to attract more exceptional projects and users to join its ecosystem, further bolstering its prosperity and infusing new energy into the expansion and application of the Bitcoin Layer 2 network.
Contact:
Brand
BEVM
[email protected]
