At the Kaspa Networking Night event in Hong Kong, the Kaspa Foundation announced plans to lead the investment in decentralized exchanges (DEX) and wallets in the KRC-20 ecosystem, promote the positive development of the Kaspa ecosystem, and create more development and interaction opportunities for Kaspa ecosystem projects.
XT.COM announced a strategic partnership with the Kaspa Foundation to become a centralized exchange supporting the KRC-20 ecosystem.
Kaspa uses the innovative KHeavyHash algorithm to achieve efficient GPU and FPGA mining, enabling miners to participate in mining with a low threshold. With the introduction of the KRC-20 standard by Kasplex, Kaspa is accelerating the construction of a scalable and flexible ecosystem to support more decentralized applications.
In addition, XT Labs, the investment department of XT.COM, will set up a fund to support the Kaspa ecosystem, with a current total value of US$100,000, which will be added later depending on the situation to support the development of projects within the KRC-20 ecosystem.