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Our investment arm, OKX Ventures, has led a US$1.5 million seed funding round for BlockBooster, an Asia-centered venture studio. The funding round also saw participation from Conflux Network, Neighbor Capital Series, IceRiver Venture, and Bitcoin Lab, among others.
With a focus on the infrastructure, social and gaming sectors within Web3, BlockBooster's incubation model offers all-rounded support to high-quality projects, significantly enhancing their success rates and reducing development cycles. By collaborating with top-notch partners, BlockBooster provides extensive, long-term support to select promising project teams on many different aspects, such as product design, go-to-market strategy, business development, talent recruitment, early-stage investment, as well as compliance and risk management.
With this strategic investment, we aim to further enhance our access to investment opportunities of early-stage, quality projects and Web3 talent. We also seek to foster collaboration between BlockBooster, its supported projects, and our OKX ecosystem.
BlockBooster plays an active role in events organized for Web3 builders. Notable events include "BlockBooster Web3.0 Hackathon @HKU" in April 2023, co-hosted with us and Gitcoin; and "Schelling Point .edu Singapore" in September 2023, in collaboration with our Ventures team, Gitcoin and CollegeDAO.
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Cryptocurrency Regulation: A Guide to the Global Landscape
Cryptocurrency was born out of a desire for a decentralized financial system, free from the control of governments and banks. However, as the digital asset industry has grown into a multi-trillion-dol
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OKX
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How to Deposit Crypto: A Beginner's Guide
Whether you're moving your assets from a private wallet to an exchange for trading, or consolidating your holdings from multiple platforms, knowing how to deposit crypto is a fundamental skill for any
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How to Exchange Crypto: A Beginner's Guide to Swapping Digital Assets
As you spend more time in the cryptocurrency market, you'll quickly want to do more than just buy and hold a single asset. You'll want to exchange your Bitcoin for a promising new altcoin, or swap you
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OKX
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How Does Crypto Work? A Beginner's Guide to the Technology
The word "crypto" is everywhere, but how does it actually work? Underneath the headlines about price swings and new projects lies a revolutionary technology that is reshaping our understanding of mone
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How to Add a Custom Crypto Token to MetaMask: A Simple Guide
MetaMask is the world's most popular crypto wallet for a reason: it's a powerful and versatile gateway to the world of Ethereum and other EVM-compatible blockchains. However, one of the most common is