Scroll and Newman Capital co-host the first Ethereum Hong Kong event to support Web3 developers in the Asia-Pacific region
Ethereum community leaders join forces to strengthen Hong Kong as a gateway to the $16 billion Asia-Pacific market and access to 15 million developers.Author: Event Collective
On August 8, Scroll, the native zkEVM scaling solution provider for Ethereum, and Newman Capital, a Web3 technology venture capital firm, announced that they will co-host the highly anticipated ETH Hong Kong event. ETH Hong Kong will take place from October 22 to 24, 2023, at Cyberport, with a organizing committee composed of FOMO Asia, PANews, 852 WEB3, and YUET DAO. This will be the first major event hosted by the Ethereum community in Hong Kong.
"Hong Kong, as a global business and financial hub, is an important link connecting the East and West," said Adrian Lai, founder and managing director of Newman Capital. "The city attracts many founders and businesses due to its access to capital markets, but there is still more work to be done at the grassroots level to nurture local innovation and attract global talent. As a local resident of Hong Kong, I am very excited that Newman can play a role in nurturing developers, thereby establishing Hong Kong as a true global blockchain center."
According to data from statista.com, by 2030, the market opportunity for blockchain applications in China is expected to reach nearly $9.7 billion. Hong Kong's strategic positioning can optimize its role as a gateway to China and the more than 520,000 developers building technology applications domestically.
ETH Hong Kong recognizes the growing demand in Hong Kong and the broader Asia-Pacific region for enhanced and connected Web3 developer platforms, creating a collaborative environment to support the developer-driven Ethereum ecosystem. By bringing together developers, investors, and industry leaders, the event will facilitate knowledge sharing, collaboration, and innovation within the Web3 space.
Sandy Peng, co-founder of Scroll, stated, "We hope to work with a dedicated team to bring this transformative experience to Hong Kong. This vibrant city has always embraced growth and innovation, providing countless opportunities for forward-thinking entrepreneurs. By providing a platform for developers who share our vision of a decentralized future, our goal is to empower developers in Hong Kong and the wider Asia-Pacific region to seamlessly transition from Web2 to Web3."
The Hong Kong government recently introduced a HKD 30 billion co-investment fund in 2023 to promote the development of the financial industry, including fintech, blockchain, and digital assets. The fund aims to provide grants and funding opportunities for blockchain entrepreneurs to foster innovation and growth in the sector. Additionally, Hong Kong has maintained a regulatory framework that promotes openness and encourages the development of blockchain and cryptocurrency-related businesses.
ETH Hong Kong offers participants an immersive experience, providing opportunities for networking, knowledge exchange, and collaboration. Developers, entrepreneurs, investors, and blockchain enthusiasts interested in participating in the Ethereum Hong Kong event can find more information and submit inquiries through the official website: https://www.ethhongkong.co/
About Newman Capital
Newman Capital is a venture capital firm based in Hong Kong, with operations across Asia and the United States. With extensive knowledge and networks, the firm is able to engage and integrate with various communities, bridging gaps between the East and West, Web2 and Web3, developed markets and emerging markets. Newman Capital seeks aspiring founders and breakthrough technologies at the forefront of Web3, connecting them with top resources to unlock new opportunities and channels. For more information, please visit: https://www.newmancapital.com/
About Scroll
Scroll is a zk-Rollup fully compatible with the Ethereum Virtual Machine (EVM), designed to provide scalability for the Ethereum network. Scroll is committed to offering users near-instant and cost-effective transactions, along with the high-security attributes provided by the Ethereum network. As a community-centric and fully open-source ecosystem, Scroll aims to enable billions of users to access the scalability of blockchain. Through its zkEVM protocol layer, developer tools, and decentralized applications, Scroll aims to unlock the potential of Web3 with the same security as the Ethereum blockchain. For more information, please visit: https://scroll.io/
