The Hong Kong Web3.0 Association was established today, and the Web3Hub Fund was set up with the Financial Secretary serving as the chairman of the fund

2023-04-12 12:36:45

Collection

ChainCatcher news, the Hong Kong Web3.0 Association was established on the 11th. In addition to the relevant association, Hong Kong will also set up the Web3Hub fund to support more overseas Web3.0 enterprises to settle in Hong Kong. The fund will be chaired by the Financial Secretary of Hong Kong, Paul Chan, and will have a management committee composed of several experts from the fields of fintech, blockchain, cryptocurrency, and more.

The fund will collaborate with organizations such as the Hong Kong Science Park and the Innovation and Technology Commission to provide one-stop services for overseas Web3.0 enterprises. It is reported that the fund has already received applications from multiple Web3.0 projects from the United States, Europe, Singapore, and other regions, covering areas including DeFi, NFTs, the metaverse, and decentralized social media (Dsocial). The fund plans to start investing in and supporting these projects in the second half of this year. (Source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.