DuckChain, a Layer 2 solution to expand the TON blockchain, has secured $5 million in a strategic funding round led by investors including dao5, Offchain Labs, Kenetic Capital and DWF Ventures. Other backers include Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate.io and Presto.

The funds will be used to improve Ethereum Virtual Machine (EVM) compatibility, increase TON’s scalability, and attract users from other blockchain ecosystems. DuckChain has also partnered with Arbitrum, OKX Wallet, and OnePieceLab to further strengthen its ecosystem.

To drive innovation, DuckChain is hosting the Yellow Duck Mission Hackathon from December 15, 2024 to January 15, 2025.

The event invites developers to build decentralized applications (dApps) in various fields, with a prize pool of $1 million in DuckChain tokens.

Winners will be awarded $500,000, while creative and community-driven projects will receive $200,000 and $50,000, respectively. Submissions will be open starting December 15th via the DuckChain Hackathon portal.

DuckChain has recently emerged as an innovative blockchain platform that aims to provide scalable, secure solutions for various industries.

By using advanced technology, DuckChain offers faster transactions, improved security and greater transparency compared to traditional systems, positioning itself as a major player in the blockchain space.

• DuckChain price overview and market trends

DuckChain has gained a lot of attention in the cryptocurrency market. The price of its native token $DUCK is influenced by factors such as adoption rates, technological advancements, and general market conditions. As a platform known for its scalability and low transaction fees, DuckChain has the potential for positive growth in the near future, with experts predicting further adoption.

• DuckChain Airdrop: A Boost for New Users

DuckChain has hosted a series of airdrop events, a common marketing tool in the cryptocurrency world, with the aim of distributing free $DUCK tokens to users. These airdrops not only increase the popularity of the platform, but also increase the demand for the $DUCK token, which often leads to price increases after the events. By participating in these airdrops, users can claim free tokens and use them for transactions within the DuckChain ecosystem.

• DuckChain Coin: The Future of Digital Assets

The $DUCK coin serves as the native cryptocurrency within the DuckChain ecosystem. It is primarily used for transactions, paying fees, and running decentralized applications (dApps). As DuckChain adoption increases, $DUCK is expected to gain traction in areas such as supply chain management, finance and logistics, providing a secure and efficient method of conducting transactions.

• DuckChain Wallet: A secure and easy-to-use tool

The DuckChain Wallet allows users to securely store, send and receive $DUCK coins. With a user-friendly interface, the wallet makes it easier for both beginners and experienced cryptocurrency users to manage their assets and interact with the DuckChain ecosystem. It has become an essential tool for interacting with the platform.

• DuckChain OKX MiniApp: Bringing blockchain to mobile devices

The DuckChain OKX MiniApp integrates the DuckChain platform with the OKX exchange, allowing users to access the platform directly from their smartphone. The app offers real-time price tracking, portfolio management, and access to DuckChain’s decentralized features. By leveraging the OKX platform’s huge global user base, DuckChain increases its visibility and adoption.

• DuckChain’s appeal to male investors

DuckChain has seen significant interest from male crypto investors, particularly those interested in the platform’s practical applications in industries such as logistics, supply chain and e-commerce. As blockchain technology continues to grow, DuckChain’s ability to address real-world problems makes it an attractive option for early adopters of new technologies.

• DuckChain coin price and market trends

The price of DuckChain’s $DUCK token fluctuates depending on market conditions, with demand, supply and broader cryptocurrency trends influencing its value. Investors are encouraged to monitor DuckChain price movements to make informed decisions. Tools such as market analysis platforms and community updates can provide valuable insights into the token’s future price development.

• DuckChain’s overall supply and market impact

DuckChain has a total supply cap for $DUCK tokens, meaning there is a limit to how many tokens will ever exist. This scarcity can affect the price and market behavior of the token. Understanding the dynamics of DuckChain’s overall supply is critical for investors and users as it influences future trends in token availability and pricing.

• The Growing Influence of DuckChain

DuckChain is steadily establishing itself as a promising blockchain platform with broad use cases across various sectors. Its scalability, low fees, and commitment to security make it well poised for future growth. As more industries adopt blockchain technology, DuckChain’s influence is expected to grow and become a platform to watch closely in the coming years.