DuckChain Secures $5M Funding, Announces Hackathon to Revolutionize Web3
DuckChain, a rising star in the blockchain landscape, has made headlines with its recent strategic breakthroughs. The platform has successfully raised $5 million in funding, drawing support from major crypto investors like dao5, Offchain Labs, Kenetic Capital, DWF Ventures, and more. This marks a pivotal moment for DuckChain as it embarks on its mission to transform decentralized technologies and empower the next wave of Web3 innovation.
This funding will enable DuckChain to enhance its scalability, improve Ethereum Virtual Machine (EVM) compatibility, and strengthen its ecosystem within the TON blockchain network. The project’s vision is ambitious: to connect TON, Ethereum, and Bitcoin ecosystems, fostering a robust, inclusive blockchain community. By addressing critical scalability and interoperability challenges, DuckChain aims to attract developers, liquidity, and a diverse user base.
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Adding to the excitement, DuckChain has unveiled the "Yellow Duck Mission" hackathon, a global competition set to run from December 15, 2024, to January 15, 2025. With a total prize pool of $1 million in DuckChain Tokens, the hackathon invites developers, innovators, and creators to craft groundbreaking decentralized applications (dApps) in areas like DeFi, AI-powered tools, meme platforms, and more. Top performers will share a $500,000 prize, while creative and community-engaged projects will also receive significant rewards.
Strategic partnerships with key players, including Arbitrum and OKX Wallet, further solidify DuckChain’s standing in the blockchain space. These collaborations aim to drive adoption, inspire innovation, and showcase DuckChain’s potential as a layer-2 solution with seamless EVM compatibility.
This initiative reflects more than just DuckChain's growth—it underscores the broader goal of empowering the Web3 ecosystem. By investing in scalability, security, and developer engagement, DuckChain positions itself as a cornerstone of decentralized innovation. For blockchain enthusiasts and developers alike, this is a call to action to participate, innovate, and help shape the future of Web3.
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