KCC, KuCoin Community Chain, along with KuCoin Wallet and Windvane, announced that they will be hosting the first major Web3 event – KCC Beowulf, a 7-week interactive activity. KCC Beowulf will be officially launched on KuCoin’s 5th anniversary. More than 20 projects deployed on KCC, including decentralized exchanges (DEX), lending protocols, wallets, cross-chain bridges and other Web 3.0 protocols, will participate.
The KCC The Beowulf event is inspired by the epic poem and Norse hero, Beowulf. Challengers will grow up in the KCC Web3 world and fight dragons by collecting various NFTs. According to KCC officials, the KCC Beowulf event is divided into 6 parts. First, challengers must all hit an initial NFT character. Then they will go through a 4-step Web3 project interaction. In the final part, challengers must create NFTs with final profile picture (PFP) and choose a side from two parts. To reward the challenger, Beowulf has also set up a ladder prize pool in addition to the basic prize pool, which will be gradually increased as the number of challengers increases.
The KCC The Beowulf event is not only the first joint event of the KuCoin Web3 ecosystem, but also an important part of the KuCoin 5th anniversary Web3 site. Additionally, the launch of the Beowulf event at this particular time also demonstrates the ambition of KuCoin and its attempt at a KCC-led Web3 ecosystem.
At the beginning of this year, KuCoin decided to support the development of the Web3 ecosystem. KCC co-published the KCS whitepaper with the KCS Management Foundation and KuCoin on March 29, 2022. The document notes that the KCS ecosystem will increasingly provide sources to support the KCC-led Web3 ecosystem in the future. Meanwhile, in July 2022, KuCoin secured a strategic investment of US$10 million from Susquehanna International Group (SIG), one of the largest quantitative trading companies. And he has publicly stated that he will use part of the funding to support app developers on KCC and expand his range of products, such as crypto wallets, DeFi projects, NFT platforms, etc. Johnny Lyu, the CEO of KuCoin, said in a media interview, “SIG’s support will strengthen our leadership role as a centralized exchange and facilitate the expansion of our ecosystem into the decentralized world of Web 3.0.”
Leandre, Core Member of KCC GODAO Foundation, said, “As the first joint event of KuCoin’s Web3 ecosystem, we hope that more users can have their first on-chain experience on KCC in a fun and easy-to-use way. to play. Moreover, with the migration from Web2 to Web3, decentralized finance will gradually become the main battleground of finance in the future, and users who participate in KCC Beowulf have the opportunity to become the backbone of the DeFi world. .
KCC is a public chain project initiated and built by the KCS developer community, solving the network latency and high gas fees of the Ethereum network. KCC is Ethereum-based and compatible with Ethereum virtual machine and smart contracts to provide community users and developers with a faster, more convenient, and lower cost blockchain experience.
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