Singapore, May 29, 2022 — KuCoin Community Chain (KCC) has announced the KCC Unicorn Contest has ended, with 14 projects winning an incentive prize pool of approximately $1 million, including KCC prizes and additional rewards provided by the jury.

The Unicorn Contest is KCC’s first on-chain incentive event in 2022 and the initial stage for KCC’s $5-million Ecosystem Accelerator Program, discovering and supporting KCC’s elite projects from multiple streams and channels. 

According to the data, a total of 114 projects applied for the Unicorn Contest, and 49 have successfully deployed on KCC. After an intense data competition, judges’ reviews and community voting, the KCC Unicorn Contest selected winning projects in categories for decentralized finance, nonfungible tokens, GameFi, wallets and others. 

The Grand Prize winners: 

Leandre, core member of KCC GoDAO Foundation, said, “As an important participant in the KuCoin Token (KCS) decentralized ecology, we expect to work together with KuCoin in exploring the hidden gem to achieve win-win cooperation and KCS’s self-circulating ecosystem. The KCC Unicorn Contest is only the beginning of our plan, followed by a hackathon and other on-chain incentives. Of course, we will continue to pay attention to the elite projects in this event. Apart from the prize, we would like to provide liquidity support, brand exposure and other incentives depending on the maturity of the projects. At the same time, as a fast-growing public chain, we welcome quality talents all over the world to join KCC and collaborate in Web3.”

By the end of the KCC Unicorn Contest, more than 60 projects had successfully deployed on KCC; the on-chain projects have interacted meaningfully with the KCS token project. 

MojitoSwap, the current largest decentralized exchange (DEX) on KCC, has successfully launched on KuCoin and also received an investment from KuCoin Labs. With more projects developed on KCC, KuCoin’s centralized exchange KCC can achieve deep cooperation, providing investors with a one-stop service for crypto investments.

About KCC 

KCC is a public chain project initiated and built by the developer community of KCS and KuCoin, aiming to solve the network latency and high gas fees of the Ethereum network. KCC is Ethereum-based and compatible with Ethereum Virtual Machine and smart contracts to provide community users and developers with a higher-speed, more convenient and lower-cost blockchain experience.  

Visit KCC.io to learn more.