OKX Ventures announces strategic investment in DeBox, a decentralized organization with a focus on social attributes.
On March 8th, OKX Ventures announced its strategic investment in DeBox. DeBox is a decentralized autonomous organization (DAO) that integrates Web3 experiences into social communication. It has the ability to manage on-chain assets and transactions. Tools such as DeSwap enable interaction with mainstream public chains, including Ethereum, Optimism, Arbitrum, zkSync Era, and others. DeBox generates over 100 million daily messages and has a trading volume exceeding $120 million. The DAO tools are used over 20,000 times per month, all achieved through the collaboration of its mobile community with over 690,000 members.
Dora Yue, the founder of OKX Ventures, commented on this collaboration, stating, “OKX Ventures has been committed to building a Web3 application with millions of users. DeBox, with its community-oriented services, supports one-click wallet login and decentralized management. In addition to providing each user with an original NFT as an avatar, DeBox allows the construction of user-specific digital assets through decentralized identity authentication (DID). What’s even more exciting is that DeBox enables real-time interaction with other Web3 decentralized applications (dApps), just like the Bitcoin community. With the rapid development of the ecosystem, we believe that DeBox’s rich interactive experience and efficient lightweight nature will contribute to the exponential growth of Web3!”
OKX
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Further Reading:
OKX becomes the title sponsor and NFT ticket partner of the “2024 Hong Kong Web3 Carnival”
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