Research Report | DuckChain Project Detailed Explanation & Duck Market Value Analysis

Bitget App

Trade smarter

远山洞见2025/01/16 06:18

By:远山洞见

I. Project introduction

DuckChain is an AI chain based on Telegram that combines AI and EVM technology to empower one billion Telegram users worldwide and help them easily embrace cryptocurrency. DuckChain supports EVM-compatible Layer 2 solutions and adopts Arbitrum Orbit technology to provide a fast, efficient, and low-cost on-chain experience. By deeply integrating Telegram Stars, users can complete payments, staking, and NFT minting without learning complex blockchain knowledge, smoothly entering the Web3 world.

Currently, DuckChain has served over 20 million users, including 2 million daily active users (DAU) and 3 million paying users, while simplifying the dApp creation and migration process for developers on the TON network, helping Web2 users seamlessly transition to Web3.

DuckChain, relying on its huge user base and deep integration with Telegram, performs very well in terms of social media and Telegram Bot traffic and interaction. The community is active and cohesive, and this solid foundation has shown great potential in ecological development, which is worth continuous attention.

Research Report | DuckChain Project Detailed Explanation & Duck Market Value Analysis image 0

II. Project highlights

1. Deep integration with Telegram, with extremely low user threshold

DuckChain converts Telegram Stars tokens into on-chain Payment Instruments, allowing users to complete payment, staking, and NFT minting operations directly on the familiar Telegram platform without downloading wallets or learning complex blockchain knowledge. This seamless experience lowers the technical threshold of Web3, making it more accessible to the general public and providing a convenient blockchain entrance for Telegram's 1 billion user base.

2. Efficient and low-cost technical architecture, smooth experience

Using Arbitrum Orbit technology, DuckChain achieves fast and low-cost on-chain interaction. By seamlessly connecting with the TON, Ethereum (EVM), and Bitcoin ecosystems, users can experience a unified Gas system and efficient cross-chain operations, significantly improving the convenience and efficiency of on-chain transactions. This technology design is not only suitable for ordinary users, but also provides an ideal environment for developers to build complex decentralized applications.

3. Huge traffic and community support, strong ecological stickiness

DuckChain's community coverage is close to the level of top traffic projects. Its Telegram Bot has a monthly active user base of up to 12M, Telegram Ann Channel has a subscription volume of 7.7M, a single announcement reading volume of over 400K, and an interaction volume of up to 20K +. The number of Twitter followers has exceeded 900,000, and the single playback volume of YouTube videos is stable at 400,000 to 1 million.

III. Market value expectations

DuckChain's governance token is DUCK, with a total of 10 billion tokens, and the release ratio during TGE is 59% (i.e. 5.90 billion tokens). Currently, the unit price and market value of DUCK have not been disclosed. However, DuckChain is full of potential due to its deep integration with Telegram, Arbitrum Orbit technology support, and huge user base. By referring to the market performance of popular encrypted game projects on the TON chain, including X Empire (X), Hamster Kombat (HMSTR), and click-to-earn game Notcoin (NOT), DuckChain is valued.

Research Report | DuckChain Project Detailed Explanation & Duck Market Value Analysis image 1

IV. Economic model

DUCK total supply: 10 billion, supports multi-chain standards, compatible with TON, DuckChain and Arbitrum.

TGE (first token publish) release ratio:

59% of the total supply (5,900 million pieces) will be released during TGE, including community airdrops, liquidity, and marketing components.

Token allocation is as follows:

Community (50%): 50% of the total, all unlocked at TGE (first token publish).

Liquidity (4%): 4% of the total amount, all unlocked during TGE.

Investors (10%): 10% of the total amount, locked for 12 months, linearly unlocked for 18 months.

Team (10%): 10% of the total amount, locked for 12 months, linearly unlocked for 24 months.

Marketing (3%): 3% of the total, all unlocked during TGE.

Advisor (3%): 3% of the total amount, locked for 12 months, linearly unlocked for 24 months.

Ecological growth (20%): 20% of the total amount, locked for 12 months, linearly unlocked for 36 months.

Token Utility is as follows:

1. Users who hold $DUCK can submit proposals, participate in voting, and jointly decide the future development of DuckChain. At the same time, AI intelligent agents provide Data-driven suggestions to simplify the decision-making process and improve governance efficiency.

2. Users can support verification nodes by staking $DUCK to obtain rewards and participate in network construction. At the same time, stakers can also provide liquidity for DuckChain DeFi to further increase profits.

3. $DUCK is the only transaction fee token in the ecosystem. The unified payment mechanism makes transactions simpler and more efficient. Combined with the high throughput and low cost characteristics of Arbitrum Orbit, it provides users with a smooth on-chain experience.

4. $DUCK can be used to pay for app subscriptions, unlock advanced features, and participate in liquidity pools to earn rewards. It can be used as a cross-chain token to achieve seamless interaction between networks such as Ethereum, TON, and Bitcoin.

V. Team financing

Team information: Not disclosed yet.

DuckChain completed a $5 million financing on December 20, 2024, with investors including well-known institutions such as Arbitrum, dao5, Kenetic Capital, DWF Ventures, Gate.io, as well as Rob Viglione and Richard Ma.

Ⅵ.Warning of latent risk

1. The growth of DuckChain is highly dependent on the conversion rate of Telegram users, but the interest of existing Web2 users in Web3 may be limited. How to continuously attract and retain users is a long-term challenge.

2. DuckChain relies on large-scale airdrops and reward activities to attract users in the starting phase, but the investment in such activities is high. If it cannot be sustained or converted into long-term user retention, it may lead to a decrease in early user Churn and active level.

VII. Official links

Website：https://duckchain.io/

Twitter：https://x.com/Duck_Chain

Telegram：https://t.me/DuckChainAnn

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!