$BNB was launched through an Initial Coin Offering (ICO) in July 2017 by Binance, the exchange founded by Changpeng Zhao (CZ) and Yi He. During the ICO, 100 million BNB were sold to the public, raising around $15 million. The token's initial purpose was simple - to provide users with trading fee discounts on Binance Exchange. However, over time, the vision expanded.
From a discount voucher to a powerful ecosystem fuel, BNB quickly transformed into a cornerstone asset used across multiple blockchains and platforms. This evolution mirrors Binance's growth from a trading platform into a full-fledged blockchain ecosystem offering exchanges, DeFi, NFT marketplaces, payment systems
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