DuckChain launches Duck Foundation, investing $10 million to focus on large-scale applications of AI and blockchain

BlockBeats news, on January 21st, DuckChain announced the establishment of a new non-profit organization, Duck Foundation, dedicated to promoting its network’s Decentralization, rise of the ecosystem, and security construction, accelerating Web3 innovation and promoting the large-scale application of encryption technology.

The Duck Foundation will work around the following three goals:

· Drive innovation: support innovative projects that align with the DuckChain ecosystem vision, injecting more momentum into technological development;

· Promote the ecological rise: through ecological support to help DuckChain and the entire blockchain industry achieve a greater range of user coverage and application landing;

· Strengthening community value: Focus on projects that can bring actual value to DuckChain users, further enhancing community cohesion.

DuckChain Foundation has established a fund of $10 million for investing in AI projects. In addition, DuckChain is preparing to cooperate with top venture capital institutions and industry-leading enterprises to launch an accelerator program focusing on exploring potential projects, attracting more innovative teams to join the DuckChain ecosystem, and injecting new vitality into the blockchain industry.