📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
BNB: From Discount Coin to the Shadow King of the Crypto World
Initially, BNB was just a small coin that was suggested to be purchased to make trading fees on Binance cheaper. Like a supermarket discount card, but in a crypto version. However, who would have thought that the coin, which was once just a tool for cutting costs, has now transformed into the shadow king of DeFi, a skilled coin burner, and the fuel for the Binance ecosystem that seems to be never-ending—even though its CEO once took a "long leave" due to farming issues with US regulators.
Fact:
🔥 BNB has a burn system (burn) that makes its supply increasingly scarce. Billions of dollars worth of BNB have been burned, so those who hold it can feel more exclusive.
💳 Can be used to pay for hotels, buy gift cards, buy NFTs, and even to play games. But still, the majority of people only use it to trade micin tokens that appear every Tuesday.
💼 While many blockchains are busy advertising TPS (Transaction Per Second), BNB Chain keeps moving forward, even becoming a home for thousands of projects... although many of them only consist of copy-paste and rugpulls.
🧱 There are so many tokens on the BNB Chain that you could throw a stone and surely hit a new token claiming "AI, GameFi, and RWA" even though the developers just learned JavaScript last week.
But wait a minute. Although BNB is surrounded by criticism regarding centralization and the "Binance empire", its fundamentals remain strong:
1. Binance as an exchange remains dominant, even after being hit by regulators.
2. Its ecosystem is vast, ranging from staking, launchpad, to the BNB Smart Chain network, which is still one of the most active.
3. BNB is not just a coin, it is a VIP ticket to the world of Binance.
Is BNB perfect? Clearly not. But has it weathered the storm? Yes. So if you feel like you've missed the Ethereum train and are reluctant to speculate on tokens that have a logo of a shiba wearing a hat, BNB might be a choice that... at least isn't too absurd.
Because in the world of crypto filled with sweet promises and bitter losses, BNB is one of the few coins that—despite occasional drama—still manages to generate profits while keeping a cool demeanor.