Websea Labs is officially established

Dear users,

Today, we are pleased to announce the official establishment of Websea Labs, the ecosystem investment entity of Websea! This marks a significant strategic move into blockchain technology research and innovative applications for Websea.

Websea Labs, composed of research teams across various industry verticals, is dedicated to discovering and nurturing innovations in core technologies and popular application areas. Through methods such as incubation, investment, and acquisitions, it facilitates the expedited growth of promising blockchain startups. Moving forward, the research and investment achievements of Websea Labs will be directly integrated into the Websea ecosystem, establishing a formidable competitive edge.

In addition to investment incubation, Websea Labs has assembled a global team of top-tier technology and industry R&D experts. This team is capable of autonomous innovation and assessment in areas such as underlying consensus, contract security, cross-chain functionality, and possesses advanced R&D capabilities in application technologies like trading systems and AI model deployment. It is committed to driving dual cycles of blockchain technology and application, accelerating the healthy development of the Websea ecosystem 

DeFi, as the current battleground for decentralized applications, is under close scrutiny by Websea Labs for its innovations. Presently, Websea Labs has strategically invested in the decentralized premium derivatives trading platform, Coral Finance. Leveraging its premium trading model, Coral Finance has garnered investments from various institutions, including Zebec Labss, Cipholio Ventures, Emurgo Ventures, CatcherVC, BiFinance, Momentum Capital, and others.

Meanwhile, Websea Labs has strategically collaborated with several outstanding DeFi and GameFi projects, providing robust support for their rapid growth through technical support, resource investment, and ecosystem integration.

Websea Labs, rooted in various emerging technologies such as blockchain and AI, signifies a pivotal initiative in Websea's comprehensive ecosystem strategy, aiming to enhance industry influence. Through ongoing independent research and project investment incubation, Websea Labs is poised to expedite the development and maturation of the entire Websea ecosystem.

Let's look forward to more achievements from Websea Labs.

Websea Team

2023.10.24