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ABCDE: Why We Invest In BeWater

Validated Venture

September 21th, 2023

BeWater.xyz provides permissionless hackathon services, enabling the launch a hackathon in just 10 minutes. In its first three months after launch, BeWater.xyz has already collaborated with major ecosystems such as zkSync, Celestia, Polyhedra, Taiko, Aleo, Solana, NEO, Sei, and hosted over 20 hackathons with a prize pool exceeding $2 million USD. As of now, BeWater.xyz has gathered more than 25,000 GitHub-certified developers from over 50 countries worldwide.

This round of financing is jointly led by ABCDE and OKX Ventures, with participation from ScalingX, Galaxy Mercury Asia, Contentos, and individual investors like Blake Gao.

We believe that through BeWater.xyz’s hackathon platform and developer profiles, we can enable Web3 developers to kickstart Massive Adoption:

About ABCDE

ABCDE is a VC focused on leading investment in top Crypto Builders. It was co-founded by Huobi Cofounder Du Jun and former Internet and Crypto entrepreneur BMAN， who both have been in the Crypto industry for more than 10 years. The co-founders of ABCDE have built multi-billion dollar companies in the Crypto industry from the ground up. Because we are builders, we understand builders better. Moreover, we have built an end-to-end ecosystem for our builders, including listed companies(1611.HK), exchanges(Huobi), SAAS companies(ChainUP.com), media(CoinTime.com), and developers platforms(BeWater.xyz). If you are a Builder with the dream of changing the world, join us to build the next-generation encrypted network.

Twitter：https://twitter.com/ABCDELabs

Website：www.ABCDE.com

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