DuckChain, as a solution aiming coverage for more users in the ecosystem, has boosted its standing in the blockchain world through amassing a robust community, securing funds and joining into partnerships.
Partnerships and Votes:
This funding comes from the Group that Include Dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, Geekcartel, Gate Labs and Presto in December 2024. $5 million was raised in funding by Duck Chain, increasing the bounty raising capital for DuckChain that in return hopes to significantly increase the scaling of the Chain and ensure it’s operations inside the TON blockchain making the drafting of Ethereum based applications on TON surface easy and without intricacies of rewriting the codes.
DuckChain Hackathon:
The event is organized in partnership with Arbitrum and OnePieceLab and in sponsorship of OKX Wallet with a total prize pool of USD 1 million worth of DuckChain Tokens, the hackathon claims to tap into the billions of Telegram users and link them on chain while increasing DuckChain coverage awareness courtesy of its ‘Duck’ branding. The global hackathon is aimed at Web3 developers and is targeted to run between December 15 2024 to January 15 of 2025, it has been dubbed the Yellow Duck Mission, it is meant to help build new ideas within the ecosystem.
SPACE ID Integration:
To improve user security and enable a greater experience, DuckChain has integrated SPACE ID, an authoritative multichain domain name service. This collaboration enabled the first ever TON based domains on DuckChain, allowing users to establish online identities across communities of their choice. The integration allows for the use of .duck domain names in the place of complex wallet addresses while simplifying the transfer of other assets, enabling users to use simpler phrases like “jane.duck” instead. This initiative supports SPACE ID’s goal to build a comprehensive domain name service that interlinks all blockchain networks.
Conclusion:
These developments reinforce DuckChain’s strategy of promoting the growth of the TON ecosystem by increasing availability, encouraging creativity of users via participations and enhancing user’s wellbeing through partnerships.
