DuckChain Secures $5 Million Investment from Dao5, Tandem by Offchain Labs

DuckChain, developed by TONScale Labs and Arbitrum, proudly announces a $5 million funding milestone, spearheaded by leading investors including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, Geekcartel, Gate Labs, Presto, and others. Strategic angel investors from Camelot, Quantstamp, and additional key supporters also contributed to this significant achievement.

In tandem with this funding announcement, DuckChain is launching the Yellow Duck Mission, a global Web3 hackathon aimed at empowering developers, creators, and innovators to design the next generation of decentralized applications (dApps). Co-hosted with OKX Wallet, Arbitrum, and OnePieceLab, this event will unite Web3 pioneers to accelerate blockchain advancements. With an impressive $1,000,000 prize pool in DuckChain Tokens, the hackathon sets the stage for transformative progress within the Web3 ecosystem.

What is the Yellow Duck Mission?

The Yellow Duck Mission goes beyond a traditional hackathon—it is a catalyst for the future of Web3 innovation. Running from December 15, 2024, to January 15, 2025, participants will craft cutting-edge solutions spanning DeFi protocols, AI-driven applications, meme-powered platforms, and more. Winners will be unveiled on January 23, 2025.

DuckChain’s vision focuses on connecting billions of Telegram users to the blockchain ecosystem, integrating its distinctive “Duck” brand identity into revolutionary dApps. Whether designing the next viral meme platform or pioneering a DeFi innovation, participants will redefine the boundaries of blockchain potential.

Why Participate?

Significant Rewards:

  •  $1,000,000 in DuckChain Tokens distributed post-Token Generation Event (TGE):
  • Golden Duck Awards: $500,000 for top-performing projects.
  • Quack-tastic Creativity Prizes: $200,000 for exceptional ingenuity.
  • Duckling Star Award: $50,000 for the most community-focused project.

Global Visibility: Showcase your innovation to a worldwide Web3 audience, attract investors, and gain recognition within the blockchain ecosystem.

Hackathon Tracks

  1. Meme Innovations: Develop meme-centric dApps blending humor and blockchain.
  2. Decentralized Finance: Create innovative DeFi applications leveraging stablecoins and beyond.
  3. Telegram dApps: Utilize Telegram’s platform to build bots, mini-apps, or immersive games.
  4. AI-Driven Solutions: Explore AI-powered blockchain use cases, including DAOs, NFTs, and autonomous applications.
  5. Infrastructure Tools: Design tools for decentralized networks, bioinformatics, and social media.

How to Join?

Submissions open on December 15, 2024. Visit the DuckChain Hackathon Portal to register and take the first step toward shaping the Web3 landscape.

About DuckChain

DuckChain, the first TON Consumer Layer, is dedicated to onboarding billions of Telegram users to the blockchain realm. With over 50 ecosystem partners, 10 million transactions, and 2.6 million on-chain users, DuckChain leads the charge in defining the future of Web3.

Leave a Reply

Your email address will not be published. Required fields are marked *