DuckChain, a layer-2 resolution enhancing the TON blockchain, has secured $5 million in a strategic funding spherical led by buyers comparable to dao5, Offchain Labs, Kenetic Capital, and DWF Ventures. Extra backers embrace Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate.io, and Presto.
The funds can be used to enhance Ethereum Digital Machine (EVM) compatibility, enhance TON’s scalability, and appeal to customers from different blockchain ecosystems. DuckChain has additionally partnered with Arbitrum, OKX Pockets, and OnePieceLab to additional strengthen its ecosystem.
In a push to drive innovation, DuckChain is internet hosting the Yellow Duck Mission Hackathon from December 15, 2024, to January 15, 2025.
The occasion invitations builders to create decentralized functions (dApps) throughout varied tracks, with a prize pool of $1 million in DuckChain Tokens.
Winners can be rewarded with $500,000, whereas inventive and community-driven initiatives will share $200,000 and $50,000, respectively. Submissions open December 15 by way of the DuckChain Hackathon Portal.
DuckChain has lately rising as an revolutionary blockchain platform designed to supply scalable, safe options for varied industries.
Leveraging superior expertise, DuckChain gives quicker transactions, enhanced safety, and higher transparency in comparison with conventional techniques, positioning itself as a notable participant within the blockchain area.
DuckChain Value Overview and Market Tendencies
DuckChain has gained vital consideration within the cryptocurrency market. The worth of its native token, $DUCK, is influenced by components comparable to adoption charges, technological developments, and total market situations. As a platform recognized for its scalability and low transaction charges, DuckChain has the potential for constructive progress within the close to future, with consultants predicting additional adoption.
DuckChain Airdrop: A Enhance for New Customers
DuckChain has hosted a collection of airdrop occasions, a typical advertising device within the cryptocurrency world, geared toward distributing free $DUCK tokens to customers. These airdrops not solely improve consciousness of the platform but in addition drive demand for the $DUCK token, usually leading to worth will increase after the occasions. By taking part in these airdrops, customers can declare free tokens and use them for transactions throughout the DuckChain ecosystem.
DuckChain Coin: The Way forward for Digital Property
The $DUCK coin serves because the native cryptocurrency throughout the DuckChain ecosystem. It’s primarily used for transactions, paying charges, and powering decentralized functions (dApps). As DuckChain’s adoption grows, $DUCK is predicted to realize traction in sectors comparable to provide chain administration, finance, and logistics, offering a safe and environment friendly methodology for conducting transactions.
DuckChain Pockets: A Safe and Consumer-Pleasant Device
The DuckChain Pockets permits customers to securely retailer, ship, and obtain $DUCK cash. With a user-friendly interface, the pockets makes it simple for each newbie and skilled cryptocurrency customers to handle their property and have interaction with the DuckChain ecosystem. It has turn into an important device for interacting with the platform.
DuckChain OKX MiniApp: Bringing Blockchain to Cell Units
The DuckChain OKX MiniApp integrates the DuckChain platform with the OKX trade, permitting customers to entry the platform straight from their smartphones. The app supplies real-time worth monitoring, portfolio administration, and entry to DuckChain’s decentralized options. By tapping into the huge world consumer base of the OKX platform, DuckChain is rising its visibility and adoption.
DuckChain’s Attraction to Male Traders
DuckChain has seen vital curiosity from male crypto buyers, significantly these drawn to the platform’s sensible functions in industries like logistics, provide chain, and e-commerce. As blockchain expertise continues to develop, DuckChain’s skill to handle real-world issues makes it a horny choice for early adopters of latest applied sciences.
DuckChain Coin Value and Market Tendencies
The worth of DuckChain’s $DUCK token fluctuates based mostly on market situations, with demand, provide, and broader cryptocurrency developments influencing its worth. Traders are inspired to observe DuckChain’s worth actions to make knowledgeable selections. Instruments comparable to market evaluation platforms and neighborhood updates can present priceless insights into the token’s future worth developments.
DuckChain Complete Provide and Market Affect
DuckChain has a complete provide cap for $DUCK tokens, that means there’s a restrict to what number of tokens will ever exist. This shortage can affect the token’s worth and market habits. Understanding the dynamics of DuckChain’s whole provide is essential for buyers and customers, because it impacts future developments in token availability and pricing.
DuckChain’s Rising Affect
DuckChain is steadily establishing itself as a promising blockchain platform with broad use circumstances throughout varied sectors. Its scalability, low charges, and dedication to safety place it nicely for future progress. As extra industries undertake blockchain expertise, DuckChain’s affect is predicted to develop, making it a platform to look at carefully within the coming years.