DuckChain, supported by TONScale Labs and Arbitrum, announced securing $5 million in funding. Leading investors and angels were key participants in this round. Simultaneously, DuckChain is launching the international Yellow Duck Mission hackathon for Web3 developers with a prize pool of $1 million.
DuckChain Investment Round
DuckChain announced $5 million raised in a round led by DAO5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, among other major investors. Additionally, angel investors from Camelot, Quantstamp, and other strategic partners participated in the round.
Yellow Duck Mission Hackathon
DuckChain is organizing the global Yellow Duck Mission hackathon, which will take place from December 15, 2024, to January 15, 2025. The event, co-hosted with OKX Wallet, Arbitrum, and OnePieceLab, will bring together developers to create decentralized applications. The prize pool amounts to $1 million in DuckChain tokens.
Hackathon Tracks
The hackathon will offer participants various thematic tracks: creating meme-centric applications, developing decentralized finance apps, Telegram bots and mini-apps, leveraging AI in blockchain projects, and tools for decentralized social networks and bioinformatics.
With the start of the hackathon, DuckChain continues to pursue its mission of integrating billions of Telegram users into the blockchain space, providing new opportunities for developers.
