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CoinEx Chain Foundation launches its Support Program

CoinExThe CoinEx Chain Foundation announced the official launch of its Support Program which is designed to bring more institutions as well as individuals to participate in the construction of CoinEx Chain’s ecosystem and community. The first round of application will be available from 11-15 January, 2020.

CoinEx Chain is a public chain exclusively designed for DEX and aims to develop a trading system that is decentralized, community-driven with self-administered user assets and transparent trading rules. Besides DEX Chain, it will also include a smart chain supporting smart contracts and a privacy chain protecting users’ privacy.

The Foundation will commit up to three million CoinEx Token (CET) every quarter to empower qualified applicants focus on product research and development (R&D), community construction and content publicity. Any node, institution and individual can apply for the grants to implement their initiatives to contribute to the CoinEx Chain ecosystem.

Haipo Yang, Founder and CEO, CoinEx said, “This program demonstrates our commitment to building a supportive ecosystem and nurturing a sense of community. I’m glad that we have a way to support some best ideas and accelerate long-lasting meaningful impact on the CoinEx Chain.”

“I believe this Support Program will unleash the power and potential of the parties in this industry. We are thrilled to be part of this to prosper the development of CoinEx Chain’s whole ecosystem,” said Hugh Tian, Co-founder of AntPool, a cryptocurrency mining platform run by Bitmain that joined the CoinEx Chain network as a validator.

CoinEx Chain’s blockchain explorer and official wallet services will be open sourced, and the cross-chain protocol will be supported during the first and second quarter of 2020, respectively. The chain’s hard fork will transpire and the smart chain Testnet will be launched in the third quarter. By the end of the year, the smart chain virtual machine will support the Cosmos ecosystem.

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