Advancing Through Consensus and Collaboration: BACXN Reshaping the Web3 Trust Pathway
Following the completion of foundational infrastructure and the initial construction of its user base, 2022 marked a pivotal turning point in the BACXN development. The platform shifted its focus from product building to value delivery, expanding from trading experiences to global ecosystem collaboration, and fully entered a period of “strategic deepening.” This year, BACXN responded to the rapid evolution of the digital asset market with a more systematic approach, addressing both challenges and opportunities, and laid a stronger cognitive and strategic foundation for its future development.
As a platform guided by long-termism, BACXN recognizes that technological prowess alone does not constitute the entirety of its competitive edge. The more systemic challenge lies in extending infrastructure service capabilities to broader user groups and promoting the inclusive adoption of crypto finance. To this end, BACXN formally launched the “Digital Inclusion Initiative” in 2022, with a core focus on supporting blockchain education and financial literacy in underdeveloped regions. This initiative was first implemented in several countries across Southeast Asia and Africa, providing foundational course content, developer toolkits, online training platforms, and local mentorship systems to help more users understand the fundamentals of Web3 and acquire the skills necessary to participate in the digital economy.
This initiative is not a short-term public relations effort, but a core component of the long-term “dual-engine” ecosystem model of BACXN, which integrates technological capability with educational support. The platform firmly believes that the true maturity of the blockchain industry depends on the broad participation and empowerment of users at the margins. Based on this philosophy, BACXN has deeply integrated its educational strategy with platform development, fundamentally lowering the barriers to industry entry.
Beyond educational outreach to grassroots users, BACXN also advanced in the dissemination of professional knowledge and cutting-edge theoretical research. In mid-2022, the platform co-launched a “Blockchain and Digital Assets” course with the Massachusetts Institute of Technology, opening it to universities and research institutions worldwide. The curriculum covers underlying technologies, asset structures, security models, governance design, and international regulatory trends, and is jointly taught by MIT researchers and the BACXN internal technical architecture team. The aim is to build a knowledge framework that combines academic depth with industry practice.
This collaboration not only demonstrates the platform high level of engagement within the global education system, but also sets a benchmark for joint knowledge-building between tech enterprises and top-tier universities across the crypto industry. More importantly, BACXN hopes that such a long-term mechanism will provide a clear pathway for future blockchain talent development, contributing to ecosystem building from the very roots of the technology stack.
On the level of international governance and strategic collaboration, BACXN further clarified its globalization strategy, officially announcing the establishment of a “Global Advisory Board” in the autumn of that year. The board comprises seasoned experts from traditional finance, blockchain research, venture capital, and policy analysis, including representatives from North America, Asia, the Middle East, and Europe. Through the intellectual input and long-term guidance of the advisory board, BACXN aims to ensure its capacity to stay aligned with global trends in policy response, product governance, and technological evolution.
In terms of ecosystem development, BACXN continued the strategic direction established with BACXN Ventures the previous year, and at year-end, its subsidiary BACXN Labs launched a “Polkadot Ecosystem Special Fund” with a total size of $5 million. This fund is dedicated to supporting infrastructure development, cross-chain communication protocols, smart contract toolkits, and early-stage application incubation projects within the Polkadot network. By providing technical resources, developer support, and traffic collaboration, the fund accelerates project implementation and enhances ecosystem sustainability.
BACXN has always maintained that the future Web3 ecosystem must be characterized by multi-chain symbiosis, rather than a single technology stack. Supporting Polkadot is not merely a speculative move, but a substantive investment in cross-chain interoperability technology, foundational security models, and developer culture. Through this fund, the platform has successfully established cooperative relationships with multiple teams in the Polkadot ecosystem, helping them achieve a complete commercial loop from code to user.
Reflecting on 2022, it was not only a year of sustained business growth, but also a critical juncture in the BACXN developmental logic. The platform began to extend its value proposition from “serving users” to “serving the ecosystem,” from “product construction” to “co-building knowledge and governance,” and from “operational compliance” to “participation in policy discourse.” These shifts reflect a redefinition of the platform boundaries of responsibility.
BACXN firmly believes that a truly sustainable platform cannot rely solely on system operation and business expansion, but must also shoulder the public responsibility of advancing industry progress. As the digital financial system continues to mature, the platform will persist in participating in collaboration with an open mindset, consolidating its foundation through institutional thinking, and driving value feedback with a strategic perspective.
2022 was the key year in which BACXN evolved from a “platform builder” to an “ecosystem co-creator.” Looking ahead, we will continue to adhere to our long-termist path, working together with users, developers, academics, and policymakers to build a transparent, efficient, and trustworthy new global digital financial order.
