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HTX DAO Unveils Multi-Million Ecosystem Fund at Hong Kong Hackathon

According to HTX DAO’s official announcement, the Hong Kong hackathon opened on April 21 with a 10 million USDT ecosystem fund focused on AI and Web3 infrastructure development.

USDT

Summary

HTX DAO officially announced the HTX Genesis Hackathon in Hong Kong and unveiled a 10 million USDT ecosystem fund, according to the company’s official statement. The hackathon opened on April 21 and is centered on AI and Web3 infrastructure. HTX DAO said the event is backed by HTX DAO, B.AI, TinTinLand, and OpenCity.

Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin commonly used in crypto markets for trading, payments, and treasury allocations.
  • Web3: A term for blockchain-based internet applications and infrastructure that emphasize decentralized ownership and network participation.
  • Hackathon: An event where developers and builders create and test new products or applications, often around a specific blockchain or technology stack.