OKX Ventures publicly announced leading the investment in BeWater, an early-stage Web3 Venture Studio and global developer platform
OKX Ventures is the investment team of the globally leading cryptocurrency exchange OKX.com, with an initial scale of 100 million USD, focusing on project exploration and investment in areas such as blockchain underlying infrastructure, Layer 2, DeFi, Web 3.0, NFT, and Metaverse.Author: OKX Ventures
OKX Ventures today announced the completion of its investment in BeWater, a web3 Venture Studio with rich experience, which will focus on supporting early-stage startup projects dedicated to building a robust Web3 product ecosystem, capable of quickly inviting international developers to participate in hackathons and other activities within 10 minutes.
So far, more than 100 workshops, demo days, and hackathons have been successfully completed, covering various programming languages such as Solidity, Rebase, and Move, and providing a technical development stack for mainstream public chains, including Starknet, Bitcoin, and Polkadot. At these events, over 25,000 GitHub-certified developers and engineers from more than 50 countries contributed to innovative projects. As a Web3 Venture Studio, BeWater's rich experience and professional guidance have helped projects in eight tracks achieve significant progress in the recently concluded "ABCDE BTC Hack Training Camp," where seven BTC ecosystem projects received oversubscribed funding in just ten days of immersive training.
Dora Yue, founder of OKX Ventures, stated: "OKX Ventures is committed to empowering the developer community, aiming to provide early support to Web3 elite entrepreneurs and crypto community geeks globally. BeWater shares our vision, offering innovation and entrepreneurship teams product and ecosystem growth from 0 to 1, especially in adapting to C-end user scenarios and optimizing UX interaction experiences. Based on this strategic cooperation, we look forward to entering a new era of Web3 together, helping startup teams strengthen their operations in user growth, as well as the implementation and commercialization of innovative technologies by developers."
OKX Ventures is the investment team of the globally leading cryptocurrency exchange OKX.com, with an initial scale of 100 million USD, focusing on project exploration and investment in blockchain infrastructure, Layer 2, DeFi, Web 3.0, NFTs, the Metaverse, and other directions.
