Binance Smart Chain (BSC) is an independent blockchain network operating parallel to the main Binance Chain. BEP-20 is one of its prominent token standards - deploying in fundraising campaigns, DeFi projects, etc. If you're an entrepreneur and have an interesting idea to raise funds (for), embracing the cost-effective Binance smart chain token development is a good idea. Ensure that you specify the token's utilities beforehand to the technology partner.