The Good Tech Companies - MEXC and MEXC Ventures Establish $20M Fund For Aptos Ecosystem Expansion

Episode Date: October 25, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/mexc-and-mexc-ventures-establish-$20m-fund-for-aptos-ecosystem-expansion. This ecosystem fun...d is designed to support the Aptos ecosystem’s continuous innovation. This fund will sponsor hackathons, invest in, and incubate early-stage p Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #mexc-ventures, #btcwire, #press-release, #mexc, #crypto-funding, #crypto-exchange, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. MEXC and MEXC Ventures are proud to announce a $20 million Aptos ecosystem fund. This fund will sponsor hackathons, invest in, and incubate early-stage projects and provide support for the MOVE developer community. Apts is a Layer-1 blockchain platform renowned for its high-performance infrastructure and commitment to advancing Web3 mass adoption.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. MEXC and MEXC Ventures establish $20 million fund for Aptos ecosystem expansion. BYBTC Wire. Singapore, October 24, 2024 MEXC and MEXC Ventures are proud to announce a $20 million Aptos ecosystem fund. Aptos is a Layer 1 blockchain platform renowned for its high-performance infrastructure and commitment to advancing Web3 mass adoption. This ecosystem fund is designed to support the Aptos ecosystem's continuous innovation. This fund will sponsor hackathons, invest in, and incubate early-stage projects and provide support for the Move developer community. As Aptos scales its capabilities and continues to pioneer innovations in Web3,
Starting point is 00:00:49 this strategic commitment reflects a shared vision for the broader adoption of blockchain technology and empowering developers to unlock new possibilities for centralized applications. Greater than, Aptos, with its high-performance infrastructure, innovations such as Greater Thanthan-block STM, and the seamless interoperability of the Move ecosystem, has greater-than-cultivated a thriving, developer-focused environment, said Tracy Jin, VP of greater-than-MEXC. Greater-than-greater-than, greater-than. At MEXC, we are committed to delivering tangible value to our users by greater-than-f than focusing on pioneering projects like Aptos. This commitment enhances our greater-than-communities experience while
Starting point is 00:01:29 advancing the future of blockchain technology. Greater than greater than, this commitment reinforces MEXC's long-term vision of aligning with innovative blockchain initiatives. Through its actions, MEXC aims to strengthen its ecosystem by offering users meaningful benefits to encourage growth in the space. MEX Exchange unveils multi-million dollar promotions to mark this event. The MEX Exchange is launching a series of promotional campaigns running from late October through January. Both new and existing users can join Aptos trading activities and compete for a share of the prize pool. These campaigns will offer a variety of exciting incentives, including zero trading fees, staking rewards, competitive trading competitions,
Starting point is 00:02:11 and learn-to-earn programs, creating diverse opportunities for community engagement. MEX Ventures announced its investment into Aptos Ecosystem Projects as the inaugural initiative of this ecosystem fund. MEXC Ventures has recently committed to investing in two promising projects on Aptos Ares Market. The number one DeFi platform on Aptos by TVL, leading as the first and biggest lending protocol since day one. Ares Markets provides a comprehensive suite of DeFi products designed to serve as the universal gateway to the Move ecosystem, including lending, borrowing, margin trading, swapping and more. This wide array of services underscores ARI's commitment to leading
Starting point is 00:02:50 innovation and enhancing widespread adoption in decentralized finance. Amnus Finance. The number one liquid staking derivative protocol and the number two DeFi protocol by TVL on Aptos. Amnus Finance introduces a secure, user-friendly and innovative liquid staking protocol that empowers users to effortlessly maximize returns on their Apt tokens while unlocking their liquidity. They aim to become a foundational pillar in the Aptos ecosystem to drive credit expansion through Apt staking. Mex Ventures is also proud to sponsor the Aptos code collision. By participating in this hackathon mex ventures aims to discover unicorns and support builders in the aptos ecosystem
Starting point is 00:03:30 mex ventures is a comprehensive fund under mex dedicated to driving innovation in the cryptocurrency sector through investments in l1 per liter 2 ecosystems strategic investments and mna mex ventures became an initial advocate and prominent investor in the TUN ecosystem in 2022, empowering the ecosystem to achieve significant growth. MEX Ventures supported early-stage TUN projects through investment and listing. Under the ethos of empowering growth through synergy, MEXC Ventures looks forward to staying at the forefront of Aptos innovations and actively engaging with move builders to drive ecosystem growth.
Starting point is 00:04:09 Tip This story was distributed as a release by BTC Wire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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