Binance Chain announced on Tuesday that the BNB Greenfield, which has been on Testnet since April, is now on Mainnet.
“Today, we’re launching the BNB Greenfield Mainnet! Our decentralized data storage network is now fully released to the public, marking a new era for Web3 data ownership,” BNB Chain stated in a tweet.
Greenfield is a blockchain-based Web3 infrastructure created by Binance’s BNB Chain. The project aims at decentralized data storage with the help of smart contracts for data security and privacy. According to the whitepaper released in February, Greenfield will use the Binance token (BNB) as its native token.
Third of Many
Greenfield became the third blockchain on the BNB Chain after the BNB Beacon Chain (BC) and BNB Smart Chain (BSC). The project, however, brings a different dynamic to the Binance network. With Greenfield, users and decentralized applications (dApps) can have full ownership of their data and store them in clouds for security.
The capabilities of Greenfield include decentralized hosting of AI datasets, a knowledge economy platform, IP infrastructure for content, data management solutions, and a content monetization ecosystem. BNB Chain noted that during the testnet, Greenfield recorded over 200,000 transactions, had over 150,000 wallet addresses, and got support from numerous storage providers.
Binance to Support Developers
To facilitate building on Greenfield, Binance has set out several attractive programs to support new builders. The blockchain stated that it would provide developers with grants and essential tools required to start on-chain development in Greenfield.
Binance also noted that it will host accelerator programs to educate programmers and organize hackathon events to continually support building on Greenfield.
The Greenfield mainnet launch comes just one day after the 25th quarterly burn on the BNB Chain. On Monday, BNB Chain announced it burned about 2.13 BNB worth $501 million.
