OKX Ventures Expands Telegram’s Web3 Integration by Investing in DuckChain

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Forming a Strategic Alliance to Increase Blockchain Accessibility

The blockchain platform DuckChain, which aims to integrate Web3 features into Telegram’s vast user base, has received a strategic investment from OKX Ventures. DuckChain, created by TONScale Labs and powered by Arbitrum Orbit, uses Telegram’s extensive global network to transform blockchain scalability and accessibility.

DuckChain’s Innovative Features

DuckChain is unique because of its AI-powered ecosystem that makes blockchain interactions easier. Important characteristics include:

  • Personalized DeFi information: To maximize their decentralized finance (DeFi) endeavors, users are provided with customized financial information.
  • Automated Support: AI technologies offer blockchain operations more efficient support.
  • Enhanced Governance: Users are empowered to actively participate in platform governance through streamlined decision-making procedures.

    DuckChain leverages Telegram’s infrastructure by making Web3 user-friendly and accessible, giving users smooth blockchain experiences. With 61 million transactions, 9 million wallets, and more than 20 million active users, the platform has established itself as a pioneer in encouraging blockchain use. Furthermore, decentralized applications (dApps) may function seamlessly across Telegram, Ethereum, and other ecosystems thanks to its cross-chain compatibility, which is a big plus for developers and users looking for effective blockchain solutions.

Ecosystem Driven by the Community

77% of DuckChain’s native $DUCK tokens are distributed to the community, demonstrating the company’s dedication to a community-centric business strategy. Supported by AI-enhanced decision-making tools that guarantee accountability and transparency, this approach promotes active engagement in government. DuckChain creates a cooperative atmosphere that stimulates creativity and trust by empowering people.

The Function of OKX Ventures in Fostering Innovation

Its commitment to developing innovative blockchain solutions is demonstrated by OKX Ventures’ investment. The company, which is the investment division of the international cryptocurrency exchange OKX, is dedicated to supporting the blockchain ecosystem’s robust growth. With a USD 100 million first investment, OKX Ventures helps initiatives like DuckChain to hasten the uptake of decentralized technologies.

With this collaboration, DuckChain will be able to provide Telegram’s large user base an easy-to-use gateway, opening the door for the broad implementation of Web3 features. It is anticipated that the partnership would have a major influence on the blockchain environment and make it possible for decentralized technology to be seamlessly incorporated into regular communication channels.

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