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August 14, 2024, Taipei, Taiwan – KuCoin Ventures, the funding arm of KuCoin, is happy to announce its help of $50,000 in the direction of the prize pool of the Code Summer season Hackathon, held at The Open Summit in Taipei from August 6-8, 2024. The three-day occasion gave members the chance to compete for a prize pool of $1 million in addition to be part of the celebrated TONX Accelerator with a complete prize pool of $5 million. This donation to Code Summer season Hackathon marks additional help for TONX by KuCoin Ventures and follows a earlier grant of $20,000 to the TON Basis.
Impressed by the extremely profitable TON Hacker Home occasion in Hong Kong, Code Summer season Hackathon will present members with a singular and immersive expertise. With a summer-themed atmosphere, tiki bar, seaside chairs and unique Telegram-branded surprises, the hackathon goals to foster the creativity and innovation of builders and entrepreneurs within the Net 3.0 house.
Dr. Superior Doge, co-founder of TONX, expressed his gratitude, saying, “KuCoin Ventures generously sponsored The Open Summit's Code Summer season Hackathon. As a frontrunner in driving Net 3.0 innovation, KuCoin has constantly supplied a safe platform for purchasing, promoting, and buying and selling cryptocurrencies. KuCoin Ventures' help is essential in offering TON ecosystem builders with the assets and alternatives to innovate and excel.”
Alicia Kao, Managing Director of KuCoin, commented on the partnership: “We’re excited to help the Code Summer season Hackathon and contribute to the expansion of the Net 3.0 ecosystem. We imagine in empowering the subsequent technology of builders and entrepreneurs, and this occasion is the proper platform for them to showcase their abilities and drive innovation. We stay up for seeing groundbreaking options emerge from this hackathon.”
KuCoin Ventures' contribution underscores the corporate's dedication to fostering innovation and supporting the event of the Net 3.0 ecosystem. By sponsoring initiatives such because the Code Summer season Hackathon, KuCoin continues to play a key function within the growth of blockchain expertise and the broader digital economic system.
About KuCoin Ventures
KuCoin Ventures seeks to put money into probably the most disruptive crypto and blockchain initiatives of the Net 3.0 period. As a community-friendly, research-driven investor, KuCoin Ventures focuses on DeFi, GameFi and different Web3.0 infrastructure, working carefully with portfolio initiatives all through their lifecycle.
About TONX
TONX is a superapp platform layer that allows builders to construct the brand new Web3 economic system. As a pioneering companion of TON, TONX offers an open platform that connects builders, traders and customers to form the frontier of innovation. The extremely acclaimed TON Hacker Home in 2024 spearheaded a wave of revolutionary Web3 initiatives. TONX's flagship product, TONX API, powers the Web3 superapp ecosystem with 950 million customers.
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