Duck Chain has announced the successful completion of its $5 million funding round, a significant milestone in its journey to revolutionize the Telegram ecosystem. The round was led by a stellar lineup of investors, including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, Geekcartel, Gate Labs, Presto, and other notable backers.
In addition to these institutional investors, angel investors from leading industry projects such as Camelot and Quantstamp also joined the round, signaling strong confidence in Duck Chain’s vision and technological promise.
Empowering Telegram’s 30 Million Star Users
Duck Chain is on a mission to unlock the on-chain potential of Telegram's vast user base, which boasts over 30 million Star users. By leveraging its TON-based EVM solution, Duck Chain aims to seamlessly integrate blockchain capabilities into the Telegram ecosystem, creating opportunities for enhanced user engagement, decentralized applications, and more efficient on-chain interactions.
This funding will empower the project to build robust infrastructure and deliver on its ambitious goals. Duck Chain's innovative approach has the potential to redefine how Telegram users interact with blockchain technology, enabling new use cases and expanding the reach of decentralized systems.
Yellow Duck Mission Hackathon
To celebrate this monumental achievement, Duck Chain is launching the Yellow Duck Mission Hackathon, inviting developers, entrepreneurs, and innovators to create cutting-edge solutions on its platform. With a total prize pool of $1 million, the hackathon aims to attract top talent and accelerate the growth of its ecosystem.
This initiative not only provides an opportunity for participants to contribute to a groundbreaking project but also highlights Duck Chain’s commitment to fostering collaboration and community-driven innovation.
A Bright Future for Duck Chain
With this funding round and the hackathon, Duck Chain is well-positioned to make a significant impact in the blockchain space. By tapping into Telegram’s massive user base and introducing a TON-based EVM solution, the project has the potential to become a pivotal player in the decentralized ecosystem.
As Duck Chain continues to push boundaries, all eyes are on its next steps. The combination of strong investor backing, a clear vision, and a thriving developer community sets the stage for a transformative journey.
#Duckchain #DUCK #TON #EVM #Toncoin

In the evolving world of blockchain technology, a new player has emerged to shake things up. DuckChain, an innovative Layer 2 solution built on the TON blockchain using Arbitrum’s Orbit architecture, has arrived. This groundbreaking project aims to bridge the gap between the TON, Ethereum Virtual Machine (EVM), and Bitcoin ecosystems, potentially transforming the landscape of decentralized finance.
TON Challenge
The Open Network (TON) blockchain, despite its association with Telegram, has faced several hurdles in its journey towards mass adoption:
A nascent ecosystem with complex programming languagesLimited financial resources hampering DeFi growthRestricted smart contract functionality in Telegram bot integrationsLow user engagement despite Telegram's vast user base
These challenges have created a need for a solution that can propel TON into the mainstream of blockchain technology.
Enter DuckChain
DuckChain’s vision is clear: to create a developer-friendly infrastructure and liquidity layer that paves the way for mass adoption of TON. By leveraging the strengths of established ecosystems like Ethereum and Bitcoin, DuckChain aims to overcome TON’s current limitations and unlock its full potential.
Features
EVM Compatibility: DuckChain brings the vast world of Ethereum-based applications and funds to the TON ecosystem.Developer-Friendly Modules: Staking, Decentralized Identity (DID), and other modules are designed to foster rapid ecosystem growth.Flexible Gas Payments: Users can pay transaction fees using tokens from TON or EVM chains without the need for complex bridging processes.Yield Generation: Through Liquid Staking Tokens (LSTs), users can earn yields while actively using the TON network.
Quack Season Testnet: Simplifying Blockchain for the Masses
DuckChain’s recent launch of the Quack Season Testnet marks a significant milestone in its mission to onboard Web2 users, particularly from the Telegram community. Through a strategic partnership with Particle Network, DuckChain has simplified the blockchain onboarding process:
One-click generation of self-custodial DuckChain addresses for Telegram usersSupport for Star, Telegram's new payment feature, as an alternative gas payment methodSeamless NFT minting using Star or Test TON tokens
Technical Marvel Behind DuckChain
At its core, DuckChain is built on a robust infrastructure designed to ensure security, efficiency, and interoperability:
Decentralized Oracle Layer (DOL): Bridges TON and DuckChain, ensuring accurate data verification and state synchronization.Decentralized Asset Verify Layer (DAVL): Facilitates secure cross-chain asset and information flows.DuckChain Execution Layer: Leverages Arbitrum Orbit technology for high throughput and security.DuckChain Data Layer: Manages secure data storage and traceability.
This architecture enables DuckChain to offer a secure and efficient Layer 2 solution for TON, capable of handling seamless cross-chain transactions.
DuckChain's Roadmap
The future looks bright for DuckChain, with an ambitious roadmap spanning from Q3 2024 to beyond 2025. Key milestones include:
Launching the mainnet and staking infrastructureIntegrating additional EVM networksDeveloping on-chain modules and launching the DuckChain FundBuilding cross-chain payment networksIncubating TON-native re-staking protocols
As DuckChain continues to evolve, it promises to play a pivotal role in driving the growth and adoption of the TON ecosystem, potentially revolutionizing how we interact with blockchain technology in our daily lives.
All in all, DuckChain represents a bold step in the blockchain space, offering a bridge between established ecosystems and the promising world of TON. By addressing fundamental challenges and leveraging cutting-edge technology, DuckChain is poised to unlock new possibilities for developers, users, and the broader blockchain community. As we watch this exciting project unfold, one thing is clear: the future of decentralized finance just got a whole lot more interesting.
#DuckChain #TON #tonlayer2 #DuckChainTestnet #Toncoin