Source: ABCDE
BeWater.xyz provides standardized event services, including hackathons. It is known for its ability to launch a hackathon in just 10 minutes without requiring a license. In the past 3 months, it has collaborated with large ecosystems such as zkSync, Celestia, Polyhedra, Taiko, Aleo, Solana, NEO, and Sei to host over 20 hackathons with a prize pool exceeding $2 million. As of now, BeWater.xyz has attracted over 22,000 Github-certified developers from more than 50 countries around the world.
This round of financing is jointly led by ABCDE and OKX Ventures, with follow-up investments from ScalingX, Galaxy Mercury Asia, Contentos, and individual investor Blake Gao.
We believe that through BeWater.xyz's hackathon event platform and developer profiles, Web3 developers can initiate Massive Adoption:
ABCDE is a VC that focuses on leading top Crypto Builders. It was co-founded by Huobi Cofounder Du Jun, who has been working in the Crypto industry for more than 10 years, and BMAN, a former Internet and Crypto entrepreneur. The co-founders of ABCDE have built companies worth billions of dollars in the Crypto industry from scratch. Because we are entrepreneurs, we understand entrepreneurs better. We have built end-to-end ecosystems for ABCDE's Builders, including listed companies (1611.HK), exchanges (Huobi), SAAS companies (ChainUP), media (CoinTime.com), and developer platforms (BeWater.xyz).
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