KCC, KuCoin Community Chain, together with KuCoin Wallet and Windvane, announced that they would be holding the first Web3 major event – KCC Beowulf, a 7-week interacting activity. KCC Beowulf, a 7-week interactive activity, will officially launch during KuCoin’s 5th Anniversary. Participating projects include decentralized exchanges (DEX), lending protocol, wallets and cross-chain bridges.
KCC Beowulf was inspired by the epic poem, and the nordic heroes. Beowulf. The KCC Web3 World will allow challengers to grow and defeat dragons through the collection of NFTs. KCC officials have revealed that there are six components to the KCC Beowulf Event. The first is to create an NFT initial character for each challenger. Next, the challengers will engage in a round of interaction via web3. Final part: Challengers will need to make final profile photos (PFP), NFTs and pick a side from both parties. Beowulf created the ladder prize pool as a reward for the challenger. It will increase in size with each challenger.
KCC Beowulf is the KuCoin’s first Web3 event. It also marks the KuCoin 5th Anniversary Web3 Venue. Furthermore, the launch of the Beowulf event at this special time also demonstrates KuCoin’s ambition and attempt at the Web3 ecosystem led by KCC.
KuCoin made the decision to help the Web3 ecosystem develop at the start of 2018. KCC released KCS Whitepaper in collaboration with KuCoin and the KCS Management Foundation on March 29, 2022. KCS will continue to provide support for the Web3 ecosystem managed by KCC, according to the paper. KuCoin received a strategic investment in the amount of 10-million dollars (US$) from Susquehanna International Group. SIG is one of the most prominent quantitative trading firms. It also stated publicly that the funds would be used to help KuCoin’s application developers and grow its product range, including crypto wallets, DeFi project development, NFT platforms, and other products. Johnny Lyu, the CEO of KuCoin, said in a media interview, “We will use the SIG investment to further improve the leading status of KuCoin in the decentralized exchange and enrich the integrity of the Web3 ecosystem.”
Leandre, the 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-play way. Furthermore, with the migration from Web2 to Web3, decentralized finance will gradually become the main battlefield of finance in the future, and users who participate in KCC Beowulf have the opportunity to become the backbone of the DeFi world.”
Information about the KCC
KCC is a public chain project initiated and built by KCS’ developer community, solving the network latency and high gas fees of the Ethereum network. KCC can integrate with Ethereum Virtual machine and smart contracts. This allows developers as well as community users to have a more efficient, faster and cheaper blockchain experience.
Visit https://bit.ly/newsbtc-kcc to learn more.