Coinstore Labs: Empowering Global Blockchain Innovation

Coinstore, a globally leading digital asset trading platform, has recently launched its blockchain project incubation platform,Coinstore Labs. Aimed at providing comprehensive support for entrepreneurs in the crypto industry, Coinstore Labs facilitates the incubation and implementation of outstanding blockchain projects, thus fostering the development of the global blockchain sector.

Founded in December 2020, Coinstore has rapidly emerged as a leader in the global cryptocurrency market. With a mission to democratize cryptocurrency access, Coinstore serves over 8 million users across 175 countries, offering a diverse array of services including spot trading, futures, Launchpad, Web3, and Earn. The platform has established itself as a comprehensive solution for cryptocurrency enthusiasts seeking secure and efficient trading experiences.

Pioneering Blockchain Incubation

Since its inception, Coinstore has strategically focused on incubating blockchain projects, recognizing this as pivotal for driving technological advancement and industry growth. To bolster its incubation capabilities, Coinstore launched Coinstore Labs, a dedicated platform designed to provide comprehensive support for blockchain entrepreneurs worldwide.

Coinstore Labs brings together a seasoned team comprising Web3 industry experts, marketing specialists, and investment managers. This collective expertise enables Coinstore Labs to offer a wide spectrum of support services to startup projects. These include assisting with economic model design, structuring robust business models, facilitating connections to venture capital resources, fostering engagement within developer communities, and forging strategic partnerships crucial for project success.

Looking forward, Coinstore Labs aims to continue its mission of discovering, incubating, and supporting innovative blockchain projects. The platform remains committed to hosting regular blockchain hackathons covering diverse themes such as public chains, DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and the metaverse. These hackathons serve as catalysts for ecosystem development, providing a platform for collaboration among developers and promoting the exploration of cutting-edge blockchain applications.

Hackathons Driving Innovation

Recently, Coinstore Labs organized the UBIT Blockchain Ecosystem Hackathon, attracting over 3,000 participants globally. This event saw 182 registered participants representing more than 30 countries. A total of 102 projects were submitted under the BUILD program, with 49 exceptional projects advancing to the next evaluation phase. Notably, 10 projects from the DeFi sector and 20 from the Web3+AI sector showcased innovative solutions and advanced to the final round, underscoring the depth of talent and creativity within the blockchain community.

The culmination of the UBIT Blockchain Ecosystem Hackathon was marked by a vibrant closing and award ceremony, attended by 163 Zoom participants, with 1,130 viewers on YouTube and 1,663 viewers on CS Live. This celebration highlighted the achievements of winners and participants, reinforcing Coinstore Labs’ commitment to nurturing and showcasing groundbreaking blockchain innovations.

Future Prospects and Community Engagement

Looking ahead, Coinstore Labs invites blockchain entrepreneurs and innovators worldwide to join its ecosystem. By leveraging Coinstore’s robust support infrastructure, including listings, Launchpad access, Teamsters support, and Ambassadors, projects recognized by Coinstore Labs gain valuable exposure and resources critical for growth.

Coinstore also places significant emphasis on community building. Through initiatives like the Ambassador Program and the CSL Creator Community, Coinstore fosters deep connections with local and global stakeholders. These efforts not only amplify the reach of incubated projects but also enrich the broader blockchain ecosystem with diverse perspectives and collaborations.

In conclusion, Coinstore Labs stands at the forefront of blockchain innovation, committed to empowering entrepreneurs and driving the evolution of the global blockchain industry. With its comprehensive support system and vibrant community engagement initiatives, Coinstore Labs continues to pave the way for groundbreaking advancements in decentralized technology. Join us on this transformative journey towards a more inclusive and interconnected Web3 ecosystem.

About Coinstore

Founded in 2020, Coinstore is a world-leading crypto asset trading platform that strongly focuses on emerging high-growth markets.Trusted by more than 8 million users and 175 countries ,Coinstore provides a series of products, including spot trading, futures trading, Launchpad, earn and wallet. Coinstore aims to be the primary entry point for millions of users into crypto assets and become the top exchange in emerging markets by 2025.