14 Projects on BNB Chain Pledge to Offer Users Usecases Tied to $BAB

BNB Chain states that 14 projects across BNB ecosystem have already pledged to offer users exclusive usecases that are tied to the $BAB, including ApeSwap, Apollox, PearDAO, Galxe (formerly Project Galaxy), X World Games, Summoner's Arena, Ultiverse, Cyberconnect, P12, Mathwallet, Liveart, OpenOcean, TinyWorld and The Harvest. Previously, Binance launched the Binance Account Bound ($BAB) token, a soul-bound token used as proof of identity for Binance users who have completed KYC verification, on 2022-09-08. Users will be able to mint $BAB tokens on BNB Chain as identity credentials, and participate in building multiple projects and earn rewards. The token is reportedly non-transferable and revocable. One verified Binance user ID allows the user to mint one $BAB token only on a certain chain.