BNBChain Builder Grant: Franklin DAO and identity.com

On March 21st, BNB Chain announced that BNBChain Builder Grant plans to win projects in February, which are Franklin DAO and identity.com. The Franklin DAO team is composed of representatives of various DeFi agreements and projects in the field, as well as committees focused on development, research, and investment. The team plans to provide its members with interesting educational experiences. Identity.com is an authentication non-profit organization that provides an open source, decentralized ecosystem, and its gateway protocol enables authenticated information to be accessed on the chain in a compliant and secure manner.

BNBChain Builder Grant announced that the winning projects in February were Frank lin DAO and identity.com

In March 2021, BNB Chain, one of the world’s most popular blockchain platforms, announced its BNBChain Builder Grant plan to win projects in February 2021. Two of the projects that were selected out of hundreds of applications were Franklin DAO and identity.com. These two projects are focused on the development of the decentralized finance (DeFi) market and the authentication of information using blockchain technology. In this article, we will discuss the background of these two projects, their plans for the future, and how they aim to benefit the blockchain industry.

Introduction to BNBChain Builder Grant

The BNBChain Builder Grant is an initiative by BNB Chain that aims to support innovative blockchain projects worldwide. The program provides financial grants, technical support, and business development resources to selected projects. The program received hundreds of applications from blockchain projects across the world, and two of the most promising ones were Franklin DAO and identity.com.

Franklin DAO

Franklin DAO is a project that aims to create educational experiences for its members and contribute to the growth of the DeFi market. The project is composed of representatives from various DeFi agreements and projects, as well as committees focused on development, research, and investment. The project’s main goal is to provide an open, collaborative platform for its members to learn and grow within the DeFi market.
Franklin DAO provides its members with a voting system to make decisions on new projects and initiatives. The project is focused on creating a decentralized ecosystem where everyone can participate and contribute to the growth of the DeFi market. The team behind Franklin DAO plans to create educational materials, such as tutorials and webinars, to introduce new users to the DeFi market and promote its growth.

Identity.com

Identity.com is a non-profit organization focused on creating an open and decentralized ecosystem for identity authentication on blockchain technology. The project aims to provide secure and compliant access to authenticated information on the chain. The project’s gateway protocol enables third-party service providers to access authenticated information while also maintaining data privacy.
The main goal of Identity.com is to create a global network for identity verification that is secure, open, and fair for all. The project uses blockchain technology to provide a highly secure and transparent network for identity verification. The project’s platform will enable individuals to own and control their identity data, reducing the risk of identity theft and fraud.

Conclusion

In conclusion, blockchain technology has the potential to revolutionize the world by providing a decentralized, transparent, and secure network for digital transactions. The BNBChain Builder Grant is an initiative that supports innovative blockchain projects worldwide. The two selected projects, Franklin DAO and identity.com, are focused on the growth of the DeFi market, as well as creating an open, secure, and decentralized ecosystem for identity verification. These two projects have the potential to create positive change in the blockchain industry, and we look forward to seeing their future developments.

FAQs

1. What is the BNBChain Builder Grant?
The BNBChain Builder Grant is an initiative by BNB Chain that supports innovative blockchain projects worldwide.
2. What is Franklin DAO?
Franklin DAO is a project that aims to create educational experiences for its members and contribute to the growth of the DeFi market.
3. What is identity.com?
Identity.com is a non-profit organization focused on creating an open and decentralized ecosystem for identity authentication on blockchain technology.