The Power of Collaboration: Merlin Chain, Franklin Templeton, OKX Ventures

OnePiece Labs, a leading Web3 startup incubator, has just launched its latest project—the Runes Incubator, designed to identify and support promising Runes projects. In collaboration with partners such as Merlin Chain, Franklin Templeton, and OKX Ventures, OnePiece Labs aims to empower a diverse range of Runes projects, ensuring coverage across various blockchain technologies and market sectors, thereby exerting its significant influence. Selected projects will benefit from tailored guidance, extensive networking opportunities, and financial support, all customized to meet their unique needs in Runes development and enhance their innovative capabilities.

"Runes Protocol is a new Bitcoin Layer 1 fungible token protocol that emerged after Ordinals. It is characterized by simplicity, efficiency, and high security, adhering to Bitcoin's native principles. Merlin Chain recognizes the limitless potential of Runes in both BTC Layer 1 and Layer 2, and our incubation program is eager to support Runes developers in creating products and protocols native to Bitcoin," said Jeff, founder of Merlin Chain.

The Runes Incubator by OnePiece Labs is specifically designed to track and elevate early Runes projects operating in key areas, aiming to transform the Bitcoin ecosystem so that every partner can access critical resources that drive growth and innovation. Additionally, this incubator will serve as a Launchpad, helping emerging projects overcome typical entry barriers such as initial infrastructure, limited domain expertise, and financial constraints, enabling them to transition into larger and stronger blockchain companies.

"We are excited about the developments and innovations happening within the Bitcoin ecosystem," said Kevin Farrelly, Vice President and Director of Digital Asset Management at Franklin Templeton. "Our blockchain venture capital team combines traditional financial experience with deep technical knowledge of blockchain architecture to provide entrepreneurs with the guidance and insights they need to scale their businesses and achieve growth objectives."

"The Runes Protocol complements the Bitcoin ecosystem by introducing a unique UTXO-based model. It enhances the functionality of the blockchain, facilitates the issuance of new assets, and makes it easier to generate and regulate fungible tokens on the Bitcoin blockchain. With the upcoming Bitcoin halving, OKX will also increase its support for Runes. This new feature will allow users to create, mint, manage, and trade Runes on our Marketplace, making us the first platform to offer zero-fee Runes trading on mobile. Through our incubation program, OKX will focus on supporting the Runes ecosystem, exploring projects with greater potential, and making significant contributions to the development of Bitcoin," said Jeff Ren, Partner at OKX Ventures.

OnePiece Labs has abandoned traditional group lectures in its mentoring approach, prioritizing individual guidance. We connect you with experienced mentors who will listen to your business challenges and provide tailored solutions. Meanwhile, OPL's partners and co-organizers will lead each team, maintaining weekly follow-ups to tackle issues side by side. Finally, OnePiece Labs will host an Online Demo Day, where all startups can promote their entrepreneurial projects. We will invite numerous investment institutions from our network to participate, providing our startups with a unique platform to showcase their progress and potential.

"Since Casey launched the Ordinals Protocol at the end of 2022, the OnePiece Labs team has been closely monitoring innovations within the Bitcoin ecosystem. We have also been following the developments of BRC-20, Tap Protocol, and Atomicals Protocol. We are excited to witness the emergence of the Runes Protocol. At the same time, we are thrilled to share our enthusiasm for the Runes Protocol with heavyweight partners like Merlin Chain, Franklin Templeton, and OKX Ventures. We eagerly look forward to collaborating with early teams focused on the Runes Protocol to forge something extraordinary in this new field. We are confident that the Runes Incubator will empower these projects to lead the way, enriching and developing Runes applications, and positively impacting the entire BTC ecosystem," said KJ Jia, Partner at OnePiece Labs.

OnePiece Labs invites projects from various fields to apply. Candidates will be evaluated based on established criteria for their potential value. Selected projects will embark on a 10-week incubation program during which they will receive concentrated support and resources to accelerate their development.

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About OnePiece Labs

OnePiece Labs (OPL) is a one-stop incubator focused on Web3, founded in Silicon Valley. Our team members include experienced Silicon Valley entrepreneurs and community leaders, aiming to build the next generation of Web3 unicorns. OPL helps Web3 startups grow rapidly through networking, mentorship, and resource flow, and is a results-driven incubator, with our success dependent on the development and success of the incubated companies.

Disclaimer

The information provided in this news announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. OnePiece Labs makes no representations or warranties of any kind, express or implied, about the accuracy, completeness, or reliability of the information provided in this news announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrencies carry inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this news announcement, you agree to indemnify and hold harmless OnePiece Labs and its officers, directors, employees, and agents from any and all claims, liabilities, damages, losses, or expenses arising from your use of the information or participation in related activities. OnePiece Labs reserves all rights not expressly granted in this news announcement.