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Cryptocurrency News Articles

OKX Ventures Invests in DuckChain to Bridge Web2 and Web3, Leveraging AI, Cross-Chain Interoperability, and Mass Adoption for Blockchain Growth

Jan 23, 2025 at 10:22 am

OKX Ventures has announced an investment in DuckChain, the largest EVM blockchain on Telegram. With the goal to help bridge Web2 to Web3, DuckChain is targeting to reach Telegram’s 1 billion users.

OKX Ventures Invests in DuckChain to Bridge Web2 and Web3, Leveraging AI, Cross-Chain Interoperability, and Mass Adoption for Blockchain Growth

OKX Ventures has announced an investment in DuckChain, a blockchain that aims to bridge Web2 and Web3 by leveraging AI, cross-chain interoperability, and a focus on mass adoption.

DuckChain, developed by TONScale Labs and expanded with Arbitrum Orbit, is the largest EVM blockchain on Telegram, aiming to connect Telegram's 1 billion users to decentralized applications (dApps). The platform is designed to seamlessly integrate blockchain technology into a mainstream application, targeting Telegram users with a simple and accessible experience. With over 20 million active users and 9 million wallets, DuckChain boasts a significant user base.

OKX Chain Highlights: New Updates and Integration with OKX NFT Marketplace

OKX Ventures highlighted DuckChain's AI-powered ecosystem, which simplifies blockchain interactions with personalized DeFi insights, automated assistance, and frictionless governance, making Web3 accessible even to those new to the crypto space. The project's aim is to enhance user experience and provide valuable DeFi insights in a complex Web3 landscape.

DuckChain's cross-chain interoperability is another key aspect, connecting Telegram and both Ethereum and other blockchain ecosystems. This enables developers to effortlessly deploy dApps and users to seamlessly interact with multiple blockchains, thanks to a seamless cross-chain interface.

OKX Ventures, with its focus on Web3 innovation, sees DuckChain's potential in driving Web3 growth by bridging the gap between mainstream users and blockchain technology. The platform's community-driven nature is also a significant factor, with 77% of the $DUCK token allocated to the community.

DuckChain's Web2 and Web3 integration, combined with its AI features, mass adoption goal, and cross-chain interoperability, distinguishes it from other blockchains. This investment by OKX Ventures aligns with its mission to introduce blockchain to billions of people worldwide. As DuckChain continues to grow, it will likely play a crucial role in shaping the future of Web3.

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