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OKX Ventures collaborates with OnePiece Labs, Merlin Chain, and Franklin Templeton to support the Runes Incubator

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OnePiece Labs Launches Runes Incubator with Support from OKX Ventures, Merlin Chain, and Franklin Templeton

The cryptocurrency world is abuzz with excitement as OnePiece Labs launches the Runes Incubator, a program designed to support and mentor emerging Runes projects. Supported by OKX Ventures, Merlin Chain, and Franklin Templeton, this initiative aims to discover and foster innovative projects related to the Runes protocol.

Runes is a unique protocol that introduces a UTXO-based fungible token system into the Bitcoin network, offering new possibilities for asset issuance and management on the blockchain. The Runes Incubator project seeks to provide selected projects with bespoke mentoring, networking opportunities, and funding support to help them thrive in the competitive blockchain space.

With the participation of key players like Merlin Chain and Franklin Templeton, the Runes Incubator is poised to make a significant impact on the Bitcoin ecosystem. By empowering early-stage projects and providing them with the resources they need to succeed, this program aims to drive innovation and growth within the blockchain industry.

According to Jeff, the founder of Merlin Chain, the Runes Protocol represents a new frontier in BTC Layer 1 protocol for fungible tokens, offering simplicity, efficiency, and high security. Franklin Templeton’s Vice President, Kevin Farelly, expressed excitement about the development and innovation in the Bitcoin ecosystem, highlighting the importance of providing guidance and support to founders in the space.

OKX Ventures, a leading crypto exchange and Web3 technology company, is also playing a crucial role in supporting the Runes ecosystem. Partner Jeff Ren emphasized the significance of the Runes Protocol in enhancing blockchain capabilities and announced plans to add support for Runes on the OKX platform, making it the first platform to offer zero-fee Runes trading on mobile.

OnePiece Labs’ unique approach to mentorship and support sets it apart from traditional incubators, focusing on individualized guidance and weekly check-ins to address specific business challenges. Partner KJ Jia expressed confidence in the Runes Incubator’s ability to empower projects and drive innovation within the BTC ecosystem.

As the Runes Incubator welcomes applications from projects across various sectors, the future looks bright for emerging blockchain innovators. With the support of industry leaders and a dedicated team of mentors, these projects have the opportunity to make a lasting impact on the evolving world of cryptocurrency.

For more information on the Runes Incubator and how to get involved, visit the OnePiece Labs website and stay connected with the community through their social media channels.

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