Identifying the significance of 100K BAB-minted Binance accounts
That being said, are the number of accounts BIG enough? Consider this – In July 2022, Binance claimed that the total number of users exceeded 120 million. Simply put, only 0.08% of users have minted BAB.“It shows that the role of BAB is currently unclear and the participation is low. There are also community members who report that the mint process is not smooth enough.”“The real reason is, its not rolled out to everyone.
Worth pointing out, however, that such remarks didn’t quite deter the platform’s acceleration towards new heights. The Binance platform also the new and revolutionary zkBNB, which has the exact layer-1 security level that BNB Smart Chain promotes secure building mechanisms with.