TokenInsight news, BSC will be renamed to BNB Chain. $BNB stands for "Build and Build" and is the gas and on-chain governance token on the BNB chain. The name change is intended to highlight its connection to $BNB and the decentralized evolution of the BNB ecosystem. What remains unchanged is that BNB Chain remains a community-driven, open source and decentralized ecosystem that aims to become an infrastructure provider for the virtual world economic system by developing the MetaFi concept. BNB Chain is said to support large-scale applications including GameFi, SocialFi and Metaverse.