OKX to Energy Web3 Innovation as a Sponsor of Consensus 2023-Affiliated Hackathon ‘Web3athon’ – CoinCheckup Weblog

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VICTORIA, SEYCHELLES, April thirteenth, 2023, Chainwire

OKT Chain (OKTC), the EVM and Wasm-compatible chain backed by OKX, the world’s second-largest crypto trade by buying and selling quantity, has introduced its sponsorship of the upcoming Web3athon occasion happening together with Consenus 2023.
Organized by Coindesk, Hackerearth, and Alchemy, the occasion is about to happen on-line from April 17 to Might 31, with extra offline actions happening at Consensus 2023 in Austin, Texas. Following the success of the 2022 Web3athon occasion, which was the biggest multi-chain hack to this point, this 12 months’s occasion guarantees to be even larger and higher, bringing collectively over 5,000 builders from all over the world to create new decentralized purposes.
On the occasion, OKTC may also be internet hosting on-line and offline workshops to discover the chain’s cutting-edge Wasm and EVM interoperability capabilities and introduce the broader OKTC ecosystem.
The Web3athon sponsorship is only one of OKTC’s initiatives to help builders and supply them with the instruments, sources, and help the builders must carry their concepts to life and drive innovation within the blockchain house.
OKX and OKT Chain’s dedication to constructing developer communities
OKT Chain’s sponsorship of the Web3athon occasion aligns with its imaginative and prescient of empowering people and organizations to undertake blockchain expertise and foster a decentralized future. 
OKT Chain not too long ago hosted a profitable hackathon with Google Cloud, attracting over 200 attendees and 46 groups who submitted 32 initiatives showcasing the potential of decentralized, blockchain-based purposes to rework numerous industries. By supporting these occasions and internet hosting related developer-focused occasions sooner or later, OKT Chain goals to ascertain a stronger and extra related neighborhood of builders throughout the quickly evolving Web3 ecosystem.
OKTC has not too long ago built-in the Wasm Digital Machine (WasmVM) and launched an inner bridge to attach EVM and WASM in a single public chain, making it extra accessible to Web2 builders who’re aware of Wasm-supported languages to kickstart constructing on OKTC in addition to allow initiatives operating on Wasm to seamlessly transition onto OKTC.
With over 400 initiatives already deployed on OKTC, and over 139 million transactions and over 100 million addresses, OKTC is primed for higher progress and success. By means of occasions just like the Web3athon and different developer-focused initiatives, OKT Chain goals to create a stronger neighborhood the place builders can study from one another, collaborate, and innovate utilizing the cutting-edge capabilities of OKTC.
About OKX
OKX is the second-largest world crypto trade by buying and selling quantity and a number one Web3 ecosystem. Trusted by greater than 50 million world customers, OKX is understood for being one of many quickest and most dependable crypto buying and selling app for buyers {and professional} merchants in every single place.
OKX’s main self-custody options embrace the Web3-compatible OKX Pockets, which permits customers higher management of their belongings whereas increasing entry to DEXs, NFT marketplaces, DeFi, GameFi and hundreds of dApps.
OKX companions with numerous the world’s high manufacturers and athletes, together with: English Premier League champions Manchester Metropolis F.C., McLaren Method 1, The Tribeca Pageant, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.
OKX is dedicated to transparency and safety and publishes its Proof of Reserves on a month-to-month foundation.
About OKTC
OKTC (beforehand often called OKC/OKX Chain) is an EVM- and IBC-compatible L1 constructed on Cosmos with a concentrate on true interoperability and maximized efficiency. At excessive scalability, builders can construct and scale with low fuel charges. The OKTC ecosystem and infrastructure, together with the all-in-one multi-chain Web3 interface, permits a seamless expertise for each builders and customers.
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Disclaimer
THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

Contact
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