The partnership between KuCoin and EVG aims to make digital assets more accessible and appealing to a broader consumer base.
KuCoin has announced its partnership with Everest Ventures Group (EVG), a Web3 operating group, to unlock opportunities for users and developers, while making Web3 more accessible and innovative through the KuCoin X EVG Ecosystem GemPool Series.
The strategic partnership between KuCoin and EVG is part of the former’s push towards growing its presence in the crypto space, alongside its increasing alignment with new crypto bills such as the FIT21 bill to stay compliant. The partnership will focus on three main aspects:
Accelerating Community Growth and Crypto Adoption
The partnership between KuCoin and EVG aims to drive significant community growth and enhance crypto adoption by making cryptocurrency more accessible and user-friendly for consumers worldwide. Both parties are dedicated to achieving this goal, ensuring that cryptocurrency becomes more approachable and convenient for users across the globe.
Launching the KuCoin X EVG Ecosystem GemPool Series
As part of this alliance, EVG’s innovative projects will have the chance to be launched on KuCoin’s new platform, GemPool. GemPool is a LaunchPool platform on the KuCoin exchange that allows users to stake their crypto assets to earn token airdrops from new projects. KuCoin GemPool offers flexibility by enabling users to stake and unstake their tokens in different pools, allowing participants to manage their assets efficiently.
Expanding the Web3 Ecosystem for Greater Accessibility
This initiative could also provide the KuCoin community with more opportunities to access early projects while providing EVG’s projects with greater visibility and robust support, ensuring a smooth entry into the market for consumer-oriented blockchain applications. By leveraging their combined expertise and resources, both are committed to expanding the Web3 ecosystem, creating more accessible platforms and consumer projects, and driving the mass adoption of Web3 technologies.
“We’re excited to partner with KuCoin and introduce our next-gen consumer products to their massive global user base. With over 34 million users, KuCoin and its newly launched GemPool will be a game changer in creating a more accessible and engaging environment for users to explore Web3 consumer products.” – Allen Ng, Cofounder and CEO of EVG.
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