OKX Ventures announces investment in Web3 knowledge graph protocol 0xScope

ChainCatcher news, OKX Ventures announced an investment in the Web3 knowledge graph protocol 0xScope, aimed at helping it build stronger products and grow. 0xScope is committed to creating an inclusive open-source data ecosystem, helping users democratize and decentralize access to Web2 and Web3 data while effectively reducing costs and difficulties by simplifying data sources and standardizing data management. In addition, for B-end clients such as Web3 VCs, blockchain protocols, Layer 1 and Layer 2 ecosystems, trading firms, and developers, 0xScope will provide customized data analysis solutions to meet their high standards and differentiated needs.

Regarding this round of investment, Dora Yue, founder of OKX Ventures, stated, "Currently, 0xScope has tagged over 30 million risk-associated addresses, interacted with 50 million smart contracts, and conducted key analyses on 120 million Web3 entities, which is astonishing. By strategically utilizing transparent transaction data and EOA wallets, 0xScope has catalyzed the transformation from raw information to actionable value. This lays the foundation for efficient data extraction, enhanced on-chain monitoring, and the emergence of new Web3 applications. We are looking forward to their new features launching across the entire product line in the fourth quarter of 2023, which will contribute to the development of Web3."