December 5-6, 2025 Abu Dhabi
Organized a summary for those bosses who didn't have time to watch the live broadcast
Let's see what key content there is ⬇️
1. Opening and Overall Introduction
1. Overview of Event Structure and Ecosystem
Protocol engineer Matush and the business development team’s Vlad introduce the BNB Chain ecosystem, covering BNB Smart Chain (BSC, EVM compatible L1), opBNB (EVM compatible L2, low fees + high throughput), and BNB Greenfield (decentralized storage), all networks use BNB tokens. The event is divided into three phases: online live streaming warm-up from November 24-27, on-site hackathon on December 5-6, and final submission, with the core goal of encouraging the construction of user-friendly, open-source projects to advance the vision of 1 billion Web3 users.
2. Awards and Incentives
• Cash Rewards: First place $5,000, second place $3,000, third place $2,000;
• Additional Benefits: $50,000 Kickstart ecosystem support, MVB program (similar to YC's crypto accelerator) quick interviews, BNB Chain $1 billion builder fund investment opportunities.
3. Tracks and Key Areas
• General Tracks: Trading (e.g., trading terminals), DeFi (lending, yield aggregation), UAE-specific opportunities (luxury verification, travel innovation, real estate);
• Wishlist: AI integration with DeFi (e.g., portfolio automation), privacy protection, prediction markets, yield discovery, and risk analysis.
4. Judging Criteria
Design usability, technical implementation (public GitHub, code quality), BNB Chain integration level, innovation, sustainability, market potential.
2. Key Speeches and Discussions
1. Opening speech and Q&A by Yi He (Co-founder and Co-CEO of Binance)
The venue was packed, Yi He shared insights on the future of Web3, emphasizing user orientation and innovation. During the interview, it was clarified: Binance does not use intermediaries for listings, does not charge listing fees, and the listing process is open and standardized; any claims of 'paying for guaranteed listings' are fraudulent, encouraging reporting and handing over to law enforcement.
• Key Quote: "Everyone knows I am the second-largest shareholder of Binance; it's like stealing money from my own pocket. Why would I steal my own money and harm Binance's reputation just to benefit myself?" "No one will go easy on you just because you are a woman; you need to give up the crutch of soft skills and build undeniable expertise."
• Other Views: Binance is willing to "be the last in the world," waiting for others to bear the risks of new technologies before creating refined user-oriented alternatives; shifting focus to seeking 'small but beautiful' projects with actual business models that can capture growth dividends, rather than projects that only provide exit liquidity for VCs.
2. Trends in the Development of Crypto Startups in the UAE Thematic Forum
Guests include @ellazhang516, Peter Abou Hachem, and @dhaheri_12, discussing the trends, regulatory environment, and opportunities of the UAE as a crypto hub.
3. Next-Generation Trading and Liquidity Discussion
• Zay (FOMO Co-founder): Introduced a trading app aimed at non-crypto natives, simplifying KYC, wallet transfers, seed phrases, and gas fees, supporting seamless login with Apple ID/Google, cross-platform identities, global token/trader discovery, real-time notifications, emphasizing co-creation with early users, achieving $1 billion in spot trading volume and 150,000 users within 6 months.
◦ Key Quote: "100 loyal users are more valuable than 10,000 rotating users."
• Apollo (Thea CMO): Introduced the DEX protocol Thea, utilizing a ve(3,3) model that allows token holders to capture 100% of the revenue through voting, integrating incentives through bribery and dynamic fee routing with DEX like PancakeSwap, addressing liquidity cold start problems; advised prioritizing security during construction and using reliable tools like AWS/Foundry, praised BNB Chain for its low fees and strong composability.
◦ Key Quote: "BNB Chain is currently the best EVM build platform."
3. Other Activities and Themes
1. AI and Blockchain Integration
The event focuses on promoting AI-driven on-chain analytics, agent development, automated trading, and asset management, with preheating stages including #AIOnBNB live AI demos, XPIN & Dmail workshops, Uptop x Bitring workshops, etc.
2. Project Demonstrations and Awards
Demo Day on December 6, showcasing the top five projects, with the top three competing and live demonstrations; specific award-winning projects have not yet been announced.
3. Ecosystem Data Sharing
The value of BNB Chain RWA reaches $1.63 billion (100% growth), with stablecoin transfer volume of $308 billion (26% growth).
