TLDR:
- Crypto exchange and Web3 technology company OKX Ventures has led an investment round in BeWater, a Web3 venture studio and global developer platform.
- BeWater facilitates the development of open-innovation campaigns and events, such as hackathons, and is already running over 100 campaigns with a talent pool of over 25,000 GitHub-certified developers.
- OKX Ventures aims to support Web3 and crypto builders to drive growth and advance widespread adoption of Web3 technology.
OKX Ventures, the investment arm of crypto exchange OKX, has announced that it has led an investment round in BeWater, a Web3 venture studio and global developer platform. BeWater enables the easy development of open-innovation campaigns and events, including hackathons, in just 10 minutes.
The platform has already launched over 100 campaigns and has attracted a talent pool of over 25,000 GitHub-certified developers from more than 50 countries. It offers a diverse range of coding languages and various Layer 1 chains and toolkits.
As lead investors in BeWater, OKX Ventures aims to empower the developer community and drive their growth on a global scale. The two companies share a vision of advancing the adoption of Web3 technology and deepening engagement in Web3 from Web2.
OKX Ventures was launched by OKX with an initial capital commitment of $100 million. It focuses on exploring the best blockchain projects globally and investing in long-term value.
To learn more about BeWater, click here.
