High-performance CSC Ecosystem Acceleration Plan to Recruit Developers to Jointly Create Public Chain 2.0

4 min readJun 15, 2021

The prosperity of blockchain has nurtured numerous players in this market, such as famous public chains including BSC and HECO and technologies like the recent hit NFT. To solve problems of congestion and excessive transaction fees on Ethereum, many smart chains have come into being, and some of them have even seized the opportunity to create an ecosystem where nodes, token holders, developers and users can all benefit. Among the best solutions that offer the market many flexible choices other than Ethereum is CoinEx Smart Chain (CSC).

The CSC testnet has been deployed and launched on May 31, 2021 after the stable internal operation. CSC is a smart contract chain created by the CoinEx public chain team for decentralized finance based on the principle of decentralization and permissionless block generation. It can provide developers with an efficient and low-cost on-chain environment to run decentralized smart contract applications (DApps) and store digital assets.

As of the end of October 2020, the Ethereum ecosystem had 2,325 monthly active developers, up 215% from 738 in the same period of 2017, according to the Electric Capital Developer Report. The statistics also show that the Bitcoin ecosystem had 361 active developers, 70%+ more than it did 3 years ago. The report also indicates a 67% increase in monthly active developers in Decentralized Finance, to 925, since January 2020. The blockchain industry needs more developers than ever to build the foundation of the smart chain.

As CSC goes live, CoinEx has rolled out a $10 million support fund to encourage more developers to get involved in the CSC ecosystem. On June 10, 2021, CoinEx launched CSC Developer Recruitment Plan as a sincere gesture to invite decentralized organizations such as developer communities and technology alliances as well as independent developers to build DApps on CSC. Such joint effort in the construction of the CSC ecosystem will also bring win-win results to projects and the platform itself, thereby establishing a first-class multi-smart chain ecosystem. Another boon is the block explorer of the CSC testnet launched simultaneously.

CoinEx has long valued the construction of its ecosystem, instead of the trading ecosystem alone. Its ambition to set up an ecosystem as a strong competitive edge took shape right after the company took off. The CSC Developer Recruitment Plan is aimed at discovering outstanding blockchain projects that can inject new vitality into this industry, and more importantly, improving the CSC ecosystem to some extent. The CSC community will participate as the early governor.

CoinEx will encourage promising developers to apply for the CSC support fund and build their DApps on CSC. Those with abundant development experience on other chains are also welcomed to migrate their projects to CSC. The CSC Foundation will also provide gateway construction services for project developers with a demand for digital asset issuance on multiple chains. Ecological support is an important means for the growth of CSC, and only when the ecosystem develops can CSC thrive.

To perfect a high-performance smart chain ecology for CoinEx Smart Chain (CSC), improve basic track facilities and enrich the track environment for CSC developers, CSC Seed Fund of millions of US dollars was founded to recruit outstanding developers from all over the world to build decentralized applications on CSC.

The developer recruitment plan is a long-term project, in which high-quality projects will receive support funds of up to 100,000 US dollars. What’s more, all-around support from CoinEx ecosystem is also accessible for all the developers, including R&D fund provision, technical info exchange, fast channels for CoinEx listing, and publicity promotion within the ecosystem. For projects that pass the security audit, there is a better chance of obtaining liquidity funding support from CoinEx.

Rules of application:

In the guidance of our brand values, “Openness & Innovation”, CSC Seed Fund Developer Recruitment Plan focuses on technological innovation and practicality, and realizes the complementary advantages of project value and platform ecology for mutual benefit and win-win results.

After receiving the project application, CoinEx will conduct a one-to-one communication and review within 14 working days. Projects that pass the review will be rewarded with equivalent CET. These support rewards are categorized in 3 levels according to different project situations:

Level 1: 1,000 USD-10,000 USD bonus for a singular project, dedicated to new projects designed by new developers.

Level 2: 10,000 USD-50,000 USD bonus for a singular project, dedicated to developers with certain project experience and innovations in DApp technology and content.

Level 3: 50,000 USD-100,000 USD bonus for a singular project, dedicated to developers with mature project experience and excellent innovations in DApp technology and content.

More information

Duration: Long term

Application link: https://wj.qq.com/s2/8503274/539b/

Application link: Chinese, English

CSC Official website: coinex.org

Docs for developers: docs.coinex.org

Tech support: developer@coinex.org

CSC Whitepaper: Chinese version, English version

Since it is the early stage of CSC public chain development at the moment, we sincerely welcome projects in the infrastructure fields such as DeFi, Oracle, Stablecoin, Wallet, etc. Certainly, CSC is open to every developer in all fields and we look forward to your participation on CSC in the future and seeing hundreds of applications to help people explore infinite possibilities in the decentralized blockchain world.