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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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OKX
Bitcoin
Bitcoin Stock vs. ETF: Which Is the Right for You?
With the launch of spot Bitcoin ETFs in the US, investors now have two primary ways to gain exposure to the world's largest cryptocurrency through traditional brokerage accounts: buying shares of a Bi
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OKX
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How to Make Small Bitcoin Transactions
Sending a small amount of Bitcoin, like paying for a coffee or a digital service, can sometimes feel counterintuitive. You might notice that the network fee is close to or even more than the amount yo
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OKX
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How to Build a Bitcoin Mining Rig: A Step-by-Step Guide
Bitcoin mining, the process that secures the Bitcoin network and creates new coins, has evolved from a hobbyist activity into a sophisticated industry. At the heart of this industry is the Bitcoin min
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OKX
Bitcoin
A Comprehensive Guide to Bitcoin Security: Protecting Your Digital Assets
Bitcoin has introduced the world to the revolutionary concept of self-sovereign money, where you, the individual, can have complete control over your assets without relying on a bank or traditional fi
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OKX
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The Best Bitcoin Mining Software: A Comprehensive Guide
Bitcoin mining has evolved from a hobbyist activity into a sophisticated, competitive industry. At the heart of any mining operation, from a small home setup to a large-scale farm, is a critical compo