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Introduction: The Mission of the BCH Ecosystem Fund and the Future of Web3 Finance
In the vast cosmos of blockchain technology, Bitcoin Cash (BCH) shines like a brilliant star, illuminating the path of global inclusive finance with its low-cost and high-efficiency characteristics. On this journey, the BCH Ecosystem Fund plays the role of a trailblazer, not only injecting continuous momentum into the technological development of BCH but also driving innovation and practice in the Web3 finance field through strategic investments and ecosystem partnerships.
The birth of the BCH Ecosystem Fund stems from a profound insight into the potential of blockchain technology and a firm belief in global financial inclusiveness. It is not merely a funding institution but an ecosystem builder. From payment gateways to smart contracts, from cross-border payments to decentralized finance (DeFi), the BCH Ecosystem Fund always stands at the forefront of technological innovation, committed to transforming BCH into a diversified and global blockchain ecosystem.
In the wave of Web3 finance, the BCH Ecosystem Fund has chosen a path that is both pragmatic and imaginative with its unique strategic vision. It focuses not only on technological breakthroughs but also on the connection between technology and the real world. Through partnerships with innovative projects like 42DAO, the BCH Ecosystem Fund is turning the potential of BCH into practical applications, promoting its global adoption and implementation.
42DAO, as a pioneer of Web3 DAO organizations, has become an important part of the BCH Ecosystem Fund's strategic layout with its decentralized algorithmic stablecoin BLC (Balance Coin) and innovative practices in real-world assets (RWA). BLC not only solves the trust issues of traditional stablecoins but also provides more inclusive financial services to global users through cross-chain efficiency. The introduction of RWA seamlessly connects real assets with blockchain technology, injecting new vitality into the DeFi ecosystem.
However, the vision of the BCH Ecosystem Fund is not limited to 42DAO. From SHELL DAO's computational stablecoin SDD to cross-chain collaborations with public chains like Seele, the BCH Ecosystem Fund is building a more open and inclusive blockchain ecosystem through diversified investments and partnerships.
In this era of transformation and opportunity, the BCH Ecosystem Fund is writing a new chapter in blockchain technology with its firm belief and innovative practice. It is not only an ecosystem promoter but also a practitioner of global inclusive finance. In the future, as Web3 finance continues to evolve, the BCH Ecosystem Fund will continue to lead BCH to broader horizons with its unique strategic layout.
Strategic Layout and Key Project Analysis
1. Strategic Positioning of the BCH Ecosystem Fund
Since its inception, the BCH Ecosystem Fund has always aimed to promote global inclusive finance for Bitcoin Cash (BCH), committed to transforming BCH into a diversified and open blockchain ecosystem. Its strategic positioning is mainly reflected in the following areas:
Payments and Inclusive Finance: The BCH Ecosystem Fund supports payment gateways, wallets, and merchant acquisition services to promote BCH's payment applications globally, especially in regions where traditional financial systems are underdeveloped, such as Southeast Asia and Africa.
Technological Innovation and Ecosystem Expansion: The fund actively invests in BCH network scaling, smart contract functionality expansion, and cross-chain interoperability enhancement. For example, it collaborates with SHELL DAO to promote cross-chain technology development.
Global Compliance and Community Building: By cooperating with regulatory authorities in various countries, the BCH Ecosystem Fund is promoting BCH's compliance process while encouraging developers to participate in ecosystem building through hackathons and programming competitions.
2. Key Projects and Collaboration Cases
2.1 42DAO: Pioneer of Web3 Financial Ecosystem
42DAO is one of the key projects incubated and invested in by the BCH Ecosystem Fund, with the core goal of promoting global adoption of Web3 finance through decentralized finance (DeFi) tools.
BLC (Balance Coin): Innovative Practice of Algorithmic Stablecoin
BLC is a decentralized algorithmic stablecoin launched by 42DAO, aiming to solve the trust issues of traditional stablecoins. Its technological advantage lies in ensuring asset price stability through an advanced algorithm system and achieving cross-chain efficiency.
For example, BLC has been successfully applied in cross-border payments and DeFi lending scenarios. Users can obtain stable returns by staking BLC while enjoying zero-risk asset liquidity.
RWA (Real-World Assets) and the Integration with Web3 Finance
42DAO introduces real-world assets into the DeFi ecosystem through RWA, enhancing asset liquidity and value stability. For example, 42DAO has partnered with a Vietnamese real estate company to tokenize part of the real estate assets. Users can purchase these tokenized assets with BLC and enjoy the appreciation benefits of the properties.
This innovative model not only expands the application scenarios of DeFi but also injects new vitality into traditional financial assets.
2.2 SHELL DAO: Breakthrough in Cross-Chain Technology
SHELL DAO is another important partner of the BCH Ecosystem Fund. Kim Lan Nguyen, the Secretary-General of SHELL DAO, said at the 2024 Blockchain Innovation Forum: "BCH's cross-chain technology will bring more application scenarios and innovation opportunities to its ecosystem."
Application of Cross-Chain Technology
SHELL DAO has achieved interoperability between BCH and other blockchain networks such as TRON and Binance Chain through cross-chain technology, enhancing the asset liquidity and scalability of the BCH ecosystem.
For example, SHELL DAO's lightweight DApp supports Southeast Asian instant messaging tools like Zalo and Telegram. Users can directly use BCH for payments and transfers through these platforms.
Innovation of Computational Stablecoin SDD
SHELL DAO has also launched the computational stablecoin SDD, which ensures asset value stability through a mining mechanism. This innovative model not only attracts a large number of miners but also injects new liquidity into the BCH ecosystem.
2.3 Other Key Projects
Technical Collaboration with Bytom Chain
The BCH Ecosystem Fund collaborates with Bytom Chain to research sidechain technology based on the UTXO system and a Turing-complete virtual machine, further enhancing BCH's smart contract functionality and application scenarios.
3. Future Outlook
Through the successful practices of projects like 42DAO and SHELL DAO, the BCH Ecosystem Fund has demonstrated its innovative capabilities and strategic vision in the Web3 finance field. In the future, the fund will continue to deepen DeFi ecosystem construction, promote BCH's global compliance process, and build a more open and inclusive blockchain ecosystem through community and developer support.
Pioneering Projects in Various Financial Ecosystems
1. 42DAO: Pioneer of the Web3 Financial Ecosystem
Since its establishment, 42DAO has become a pioneering force in the Web3 finance field with its innovative decentralized finance (DeFi) tools and vision of global inclusive finance. It has stated: "The mission of 42DAO is to empower people globally to enjoy the benefits of decentralized finance through technology."
1.1 BLC (Balance Coin): Innovative Practice of Algorithmic Stablecoin
BLC is a decentralized algorithmic stablecoin launched by 42DAO, aiming to solve the trust issues of traditional stablecoins. Its technological advantage lies in ensuring asset price stability through an advanced algorithm system and achieving cross-chain efficiency.
For example, BLC has been successfully applied in cross-border payments and DeFi lending scenarios. Users can obtain stable returns by staking BLC while enjoying zero-risk asset liquidity.
The core advantages of BLC include:
Global Asset Exchange: BLC supports cross-chain exchange of multiple assets, enhancing global asset liquidity.
High Transparency and Decentralization: BLC achieves complete decentralization through smart contracts, avoiding the centralization risks of traditional stablecoins.
Innovative P2E Model: Users can participate in mining by holding BLC, obtaining node identities and rewards, which further enhances user stickiness.
1.2 RWA (Real-World Assets) and the Integration with Web3 Finance
42DAO introduces real-world assets into the DeFi ecosystem through RWA, enhancing asset liquidity and value stability.
For example, 42DAO has partnered with a Vietnamese real estate company to tokenize part of the real estate assets. Users can purchase these tokenized assets with BLC and enjoy the appreciation benefits of the properties.
The advantages of RWA include:
Enhanced Asset Liquidity: Tokenization makes traditional assets such as real estate and artworks more tradable and liquid.
Risk Diversification: Users can diversify their risks by investing in multiple tokenized assets.
Global Inclusive Finance: RWA provides global users with opportunities to invest in high-value assets, especially in regions where traditional financial systems are underdeveloped.
2. SHELL DAO: Breakthrough in Cross-Chain Technology
SHELL DAO is another important partner of the BCH Ecosystem Fund. Kim Lan Nguyen, the Secretary-General of SHELL DAO, said at the 2024 Blockchain Innovation Forum: "BCH's cross-chain technology will bring more application scenarios and innovation opportunities to its ecosystem."
2.1 Application of Cross-Chain Technology
SHELL DAO has achieved interoperability between BCH and other blockchain networks such as TRON and Binance Chain through cross-chain technology, enhancing the asset liquidity and scalability of the BCH ecosystem.
For example, SHELL DAO's lightweight DApp supports Southeast Asian instant messaging tools like Zalo and Telegram. Users can directly use BCH for payments and transfers through these platforms.
2.2 Innovation of Computational Stablecoin SDD
SHELL DAO has also launched the computational stablecoin SDD, which ensures asset value stability through a mining mechanism. This innovative model not only attracts a large number of miners but also injects new liquidity into the BCH ecosystem.
The application scenarios of SDD include cross-border payments and DeFi lending, further expanding the boundaries of the BCH ecosystem.
3. Talent Development and Ecosystem Building
By offering courses and certification programs, the BCH Ecosystem Fund has cultivated a large number of professional talents for the BCH ecosystem. These talents not only drive BCH's technological innovation but also provide strong support for its ecosystem expansion.
3.1 Standardization and Compliance
The BCH Ecosystem Fund is promoting the standardization of DAOs and RWAs to provide more transparent and compliant financial services to global users.
4. Bytom Chain: Expansion of Smart Contract Functionality
The BCH Ecosystem Fund collaborates with Bytom Chain to research sidechain technology based on the UTXO system and a Turing-complete virtual machine, further enhancing BCH's smart contract functionality and application scenarios.
4.1 Application of Sidechain Technology
Bytom Chain's sidechain technology provides BCH with higher scalability and flexibility, enabling it to support more complex smart contracts and application scenarios.
4.2 Development of Turing-Complete Virtual Machine
By developing a Turing-complete virtual machine, the BCH Ecosystem Fund is pushing BCH to transition from a simple payment tool to a diversified ecosystem.
Future Outlook and Strategic Deepening
Through the successful practices of projects like 42DAO and SHELL DAO, the BCH Ecosystem Fund has demonstrated its innovative capabilities and strategic vision in the Web3 finance field. In the future, the fund will continue to deepen DeFi ecosystem construction, promote BCH's global compliance process, and build a more open and inclusive blockchain ecosystem through community and developer support.
1. Deepening DeFi Ecosystem Construction
The BCH Ecosystem Fund will continue to invest in and support decentralized finance projects, promoting BCH's applications in the Web3 finance field. For example, 42DAO's decentralized algorithmic stablecoin BLC (Balance Coin) and RWA (Real-World Assets) have already injected new vitality into the BCH ecosystem.
In the future, the fund will further expand the application scenarios of BLC, exploring its potential in cross-border payments, lending, insurance, and other fields. Additionally, the fund will support SHELL DAO's computational stablecoin SDD project, attracting more miners and users to participate in the BCH ecosystem through a mining mechanism that ensures asset value stability.
2. Promoting Global Compliance Process
The BCH Ecosystem Fund is working with regulatory authorities in various countries to promote BCH's compliance process. For example, the fund collaborates with 42DAO to promote standardization in DAOs, RWAs, and stablecoins, providing more transparent and compliant financial services to global users.
In the future, the fund will deepen its cooperation with regulatory authorities to promote BCH's acceptance in the global mainstream financial markets, especially in regions with underdeveloped traditional financial systems such as Southeast Asia and Africa.
3. Community and Developer Support
The BCH Ecosystem Fund will encourage developers to participate in BCH ecosystem building through hackathons and programming competitions. For example, the fund collaborates with Bytom Chain to research sidechain technology based on the UTXO system and a Turing-complete virtual machine, further enhancing BCH's smart contract functionality and application scenarios.
Additionally, the fund will cultivate industry talents and promote the DAOization of enterprises, providing a large number of professional talents for the BCH ecosystem.
4. Further Breakthroughs in Cross-Chain Technology
The BCH Ecosystem Fund will continue to promote the development of cross-chain technology, enhancing the interoperability between BCH and other blockchain networks. For example, the fund collaborates with Seele to develop a subchain (relay chain) dedicated to cross-chain interactions with the BCH blockchain, achieving cross-chain asset interoperability and smart contract interactions.
In the future, the fund will support SHELL DAO's cross-chain technology applications, further enhancing BCH's asset liquidity and scalability through lightweight DApps that support Southeast Asian instant messaging tools like Zalo and Telegram.
5. Vision of Global Inclusive Finance
The ultimate goal of the BCH Ecosystem Fund is to achieve global inclusive finance by providing financial support to billions of people worldwide who lack access to traditional financial services through BCH's low-cost and high-efficiency characteristics.
For example, the fund supports charitable projects like BCH4Bicycles and EatBCH to help users in impoverished areas improve their living conditions.
In the future, the fund will deepen its cooperation with charitable organizations and inclusive finance projects to promote the global adoption and implementation of BCH, realizing borderless and inclusive financial services.
Conclusion
In the wave of blockchain technology, the BCH Ecosystem Fund is like a lighthouse, illuminating the path of global inclusive finance for Bitcoin Cash (BCH) with its firm belief and innovative practice. It is not only a funding institution but also an ecosystem builder, promoting the transformation of BCH from a simple payment tool to a diversified and global blockchain ecosystem through strategic investments, technological incubation, and ecosystem partnerships.
Introduction: The Mission of the BCH Ecosystem Fund and the Future of Web3 Finance
In the vast cosmos of blockchain technology, Bitcoin Cash (BCH) shines like a brilliant star, illuminating the path of global inclusive finance with its low-cost and high-efficiency characteristics. On this journey, the BCH Ecosystem Fund plays the role of a trailblazer, not only injecting continuous momentum into the technological development of BCH but also driving innovation and practice in the Web3 finance field through strategic investments and ecosystem partnerships.
The birth of the BCH Ecosystem Fund stems from a profound insight into the potential of blockchain technology and a firm belief in global financial inclusiveness. It is not merely a funding institution but an ecosystem builder. From payment gateways to smart contracts, from cross-border payments to decentralized finance (DeFi), the BCH Ecosystem Fund always stands at the forefront of technological innovation, committed to transforming BCH into a diversified and global blockchain ecosystem.
In the wave of Web3 finance, the BCH Ecosystem Fund has chosen a path that is both pragmatic and imaginative with its unique strategic vision. It focuses not only on technological breakthroughs but also on the connection between technology and the real world. Through partnerships with innovative projects like 42DAO, the BCH Ecosystem Fund is turning the potential of BCH into practical applications, promoting its global adoption and implementation.
42DAO, as a pioneer of Web3 DAO organizations, has become an important part of the BCH Ecosystem Fund's strategic layout with its decentralized algorithmic stablecoin BLC (Balance Coin) and innovative practices in real-world assets (RWA). BLC not only solves the trust issues of traditional stablecoins but also provides more inclusive financial services to global users through cross-chain efficiency. The introduction of RWA seamlessly connects real assets with blockchain technology, injecting new vitality into the DeFi ecosystem.
However, the vision of the BCH Ecosystem Fund is not limited to 42DAO. From SHELL DAO's computational stablecoin SDD to cross-chain collaborations with public chains like Seele, the BCH Ecosystem Fund is building a more open and inclusive blockchain ecosystem through diversified investments and partnerships.
In this era of transformation and opportunity, the BCH Ecosystem Fund is writing a new chapter in blockchain technology with its firm belief and innovative practice. It is not only an ecosystem promoter but also a practitioner of global inclusive finance. In the future, as Web3 finance continues to evolve, the BCH Ecosystem Fund will continue to lead BCH to broader horizons with its unique strategic layout.
Strategic Layout and Key Project Analysis
1. Strategic Positioning of the BCH Ecosystem Fund
Since its inception, the BCH Ecosystem Fund has always aimed to promote global inclusive finance for Bitcoin Cash (BCH), committed to transforming BCH into a diversified and open blockchain ecosystem. Its strategic positioning is mainly reflected in the following areas:
Payments and Inclusive Finance: The BCH Ecosystem Fund supports payment gateways, wallets, and merchant acquisition services to promote BCH's payment applications globally, especially in regions where traditional financial systems are underdeveloped, such as Southeast Asia and Africa.
Technological Innovation and Ecosystem Expansion: The fund actively invests in BCH network scaling, smart contract functionality expansion, and cross-chain interoperability enhancement. For example, it collaborates with SHELL DAO to promote cross-chain technology development.
Global Compliance and Community Building: By cooperating with regulatory authorities in various countries, the BCH Ecosystem Fund is promoting BCH's compliance process while encouraging developers to participate in ecosystem building through hackathons and programming competitions.
2. Key Projects and Collaboration Cases
2.1 42DAO: Pioneer of Web3 Financial Ecosystem
42DAO is one of the key projects incubated and invested in by the BCH Ecosystem Fund, with the core goal of promoting global adoption of Web3 finance through decentralized finance (DeFi) tools.
BLC (Balance Coin): Innovative Practice of Algorithmic Stablecoin
BLC is a decentralized algorithmic stablecoin launched by 42DAO, aiming to solve the trust issues of traditional stablecoins. Its technological advantage lies in ensuring asset price stability through an advanced algorithm system and achieving cross-chain efficiency.
For example, BLC has been successfully applied in cross-border payments and DeFi lending scenarios. Users can obtain stable returns by staking BLC while enjoying zero-risk asset liquidity.
RWA (Real-World Assets) and the Integration with Web3 Finance
42DAO introduces real-world assets into the DeFi ecosystem through RWA, enhancing asset liquidity and value stability. For example, 42DAO has partnered with a Vietnamese real estate company to tokenize part of the real estate assets. Users can purchase these tokenized assets with BLC and enjoy the appreciation benefits of the properties.
This innovative model not only expands the application scenarios of DeFi but also injects new vitality into traditional financial assets.
2.2 SHELL DAO: Breakthrough in Cross-Chain Technology
SHELL DAO is another important partner of the BCH Ecosystem Fund. Kim Lan Nguyen, the Secretary-General of SHELL DAO, said at the 2024 Blockchain Innovation Forum: "BCH's cross-chain technology will bring more application scenarios and innovation opportunities to its ecosystem."
Application of Cross-Chain Technology
SHELL DAO has achieved interoperability between BCH and other blockchain networks such as TRON and Binance Chain through cross-chain technology, enhancing the asset liquidity and scalability of the BCH ecosystem.
For example, SHELL DAO's lightweight DApp supports Southeast Asian instant messaging tools like Zalo and Telegram. Users can directly use BCH for payments and transfers through these platforms.
Innovation of Computational Stablecoin SDD
SHELL DAO has also launched the computational stablecoin SDD, which ensures asset value stability through a mining mechanism. This innovative model not only attracts a large number of miners but also injects new liquidity into the BCH ecosystem.
2.3 Other Key Projects
Technical Collaboration with Bytom Chain
The BCH Ecosystem Fund collaborates with Bytom Chain to research sidechain technology based on the UTXO system and a Turing-complete virtual machine, further enhancing BCH's smart contract functionality and application scenarios.
3. Future Outlook
Through the successful practices of projects like 42DAO and SHELL DAO, the BCH Ecosystem Fund has demonstrated its innovative capabilities and strategic vision in the Web3 finance field. In the future, the fund will continue to deepen DeFi ecosystem construction, promote BCH's global compliance process, and build a more open and inclusive blockchain ecosystem through community and developer support.
Pioneering Projects in Various Financial Ecosystems
1. 42DAO: Pioneer of the Web3 Financial Ecosystem
Since its establishment, 42DAO has become a pioneering force in the Web3 finance field with its innovative decentralized finance (DeFi) tools and vision of global inclusive finance. It has stated: "The mission of 42DAO is to empower people globally to enjoy the benefits of decentralized finance through technology."
1.1 BLC (Balance Coin): Innovative Practice of Algorithmic Stablecoin
BLC is a decentralized algorithmic stablecoin launched by 42DAO, aiming to solve the trust issues of traditional stablecoins. Its technological advantage lies in ensuring asset price stability through an advanced algorithm system and achieving cross-chain efficiency.
For example, BLC has been successfully applied in cross-border payments and DeFi lending scenarios. Users can obtain stable returns by staking BLC while enjoying zero-risk asset liquidity.
The core advantages of BLC include:
Global Asset Exchange: BLC supports cross-chain exchange of multiple assets, enhancing global asset liquidity.
High Transparency and Decentralization: BLC achieves complete decentralization through smart contracts, avoiding the centralization risks of traditional stablecoins.
Innovative P2E Model: Users can participate in mining by holding BLC, obtaining node identities and rewards, which further enhances user stickiness.
1.2 RWA (Real-World Assets) and the Integration with Web3 Finance
42DAO introduces real-world assets into the DeFi ecosystem through RWA, enhancing asset liquidity and value stability.
For example, 42DAO has partnered with a Vietnamese real estate company to tokenize part of the real estate assets. Users can purchase these tokenized assets with BLC and enjoy the appreciation benefits of the properties.
The advantages of RWA include:
Enhanced Asset Liquidity: Tokenization makes traditional assets such as real estate and artworks more tradable and liquid.
Risk Diversification: Users can diversify their risks by investing in multiple tokenized assets.
Global Inclusive Finance: RWA provides global users with opportunities to invest in high-value assets, especially in regions where traditional financial systems are underdeveloped.
2. SHELL DAO: Breakthrough in Cross-Chain Technology
SHELL DAO is another important partner of the BCH Ecosystem Fund. Kim Lan Nguyen, the Secretary-General of SHELL DAO, said at the 2024 Blockchain Innovation Forum: "BCH's cross-chain technology will bring more application scenarios and innovation opportunities to its ecosystem."
2.1 Application of Cross-Chain Technology
SHELL DAO has achieved interoperability between BCH and other blockchain networks such as TRON and Binance Chain through cross-chain technology, enhancing the asset liquidity and scalability of the BCH ecosystem.
For example, SHELL DAO's lightweight DApp supports Southeast Asian instant messaging tools like Zalo and Telegram. Users can directly use BCH for payments and transfers through these platforms.
2.2 Innovation of Computational Stablecoin SDD
SHELL DAO has also launched the computational stablecoin SDD, which ensures asset value stability through a mining mechanism. This innovative model not only attracts a large number of miners but also injects new liquidity into the BCH ecosystem.
The application scenarios of SDD include cross-border payments and DeFi lending, further expanding the boundaries of the BCH ecosystem.
3. Talent Development and Ecosystem Building
By offering courses and certification programs, the BCH Ecosystem Fund has cultivated a large number of professional talents for the BCH ecosystem. These talents not only drive BCH's technological innovation but also provide strong support for its ecosystem expansion.
3.1 Standardization and Compliance
The BCH Ecosystem Fund is promoting the standardization of DAOs and RWAs to provide more transparent and compliant financial services to global users.
4. Bytom Chain: Expansion of Smart Contract Functionality
The BCH Ecosystem Fund collaborates with Bytom Chain to research sidechain technology based on the UTXO system and a Turing-complete virtual machine, further enhancing BCH's smart contract functionality and application scenarios.
4.1 Application of Sidechain Technology
Bytom Chain's sidechain technology provides BCH with higher scalability and flexibility, enabling it to support more complex smart contracts and application scenarios.
4.2 Development of Turing-Complete Virtual Machine
By developing a Turing-complete virtual machine, the BCH Ecosystem Fund is pushing BCH to transition from a simple payment tool to a diversified ecosystem.
Future Outlook and Strategic Deepening
Through the successful practices of projects like 42DAO and SHELL DAO, the BCH Ecosystem Fund has demonstrated its innovative capabilities and strategic vision in the Web3 finance field. In the future, the fund will continue to deepen DeFi ecosystem construction, promote BCH's global compliance process, and build a more open and inclusive blockchain ecosystem through community and developer support.
1. Deepening DeFi Ecosystem Construction
The BCH Ecosystem Fund will continue to invest in and support decentralized finance projects, promoting BCH's applications in the Web3 finance field. For example, 42DAO's decentralized algorithmic stablecoin BLC (Balance Coin) and RWA (Real-World Assets) have already injected new vitality into the BCH ecosystem.
In the future, the fund will further expand the application scenarios of BLC, exploring its potential in cross-border payments, lending, insurance, and other fields. Additionally, the fund will support SHELL DAO's computational stablecoin SDD project, attracting more miners and users to participate in the BCH ecosystem through a mining mechanism that ensures asset value stability.
2. Promoting Global Compliance Process
The BCH Ecosystem Fund is working with regulatory authorities in various countries to promote BCH's compliance process. For example, the fund collaborates with 42DAO to promote standardization in DAOs, RWAs, and stablecoins, providing more transparent and compliant financial services to global users.
In the future, the fund will deepen its cooperation with regulatory authorities to promote BCH's acceptance in the global mainstream financial markets, especially in regions with underdeveloped traditional financial systems such as Southeast Asia and Africa.
3. Community and Developer Support
The BCH Ecosystem Fund will encourage developers to participate in BCH ecosystem building through hackathons and programming competitions. For example, the fund collaborates with Bytom Chain to research sidechain technology based on the UTXO system and a Turing-complete virtual machine, further enhancing BCH's smart contract functionality and application scenarios.
Additionally, the fund will cultivate industry talents and promote the DAOization of enterprises, providing a large number of professional talents for the BCH ecosystem.
4. Further Breakthroughs in Cross-Chain Technology
The BCH Ecosystem Fund will continue to promote the development of cross-chain technology, enhancing the interoperability between BCH and other blockchain networks. For example, the fund collaborates with Seele to develop a subchain (relay chain) dedicated to cross-chain interactions with the BCH blockchain, achieving cross-chain asset interoperability and smart contract interactions.
In the future, the fund will support SHELL DAO's cross-chain technology applications, further enhancing BCH's asset liquidity and scalability through lightweight DApps that support Southeast Asian instant messaging tools like Zalo and Telegram.
5. Vision of Global Inclusive Finance
The ultimate goal of the BCH Ecosystem Fund is to achieve global inclusive finance by providing financial support to billions of people worldwide who lack access to traditional financial services through BCH's low-cost and high-efficiency characteristics.
For example, the fund supports charitable projects like BCH4Bicycles and EatBCH to help users in impoverished areas improve their living conditions.
In the future, the fund will deepen its cooperation with charitable organizations and inclusive finance projects to promote the global adoption and implementation of BCH, realizing borderless and inclusive financial services.
Conclusion
In the wave of blockchain technology, the BCH Ecosystem Fund is like a lighthouse, illuminating the path of global inclusive finance for Bitcoin Cash (BCH) with its firm belief and innovative practice. It is not only a funding institution but also an ecosystem builder, promoting the transformation of BCH from a simple payment tool to a diversified and global blockchain ecosystem through strategic investments, technological incubation, and ecosystem partnerships.
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