ChainCatcher news, Conflux and China Mobile Migu have announced a deep cooperation agreement in the field of Web3.0, which will extend cooperation covering multiple areas based on the underlying infrastructure of the Tree Graph blockchain (Conflux).According to the agreement, Conflux and China Mobile Migu will conduct joint development, application, and promotion on the Tree Graph public chain, including but not limited to video ringtones digital collectibles, digital identity (DID), and blockchain communication hardware. This collaboration with Conflux marks China Mobile Migu's first exploration of Web3.0 applications based on public chain infrastructure.

ChainCatcher news, according to a report from China News Network in Shanghai, guided by the Shanghai Municipal Science and Technology Commission, the Liberation Daily and the School of Economics at Fudan University jointly released the first WEB3.0 industry report titled "2024 Shanghai WEB3.0 Innovation Ecosystem Construction Research Report." Experts suggest researching "Token Economics." Meng Yan, co-author of the ERC-3525 token standard, recommends that domestic government departments accelerate the research and formulation of Token regulation policies to provide security for the 'Token Economy' and digital assets.Xu Xiaoyu, managing partner of Amino Capital from Silicon Valley, stated, "Token Economics" is on the rise, and governments, universities, and research institutions can conduct in-depth studies on this field of economics to provide academic support for the prosperity of the next generation of the internet and the construction of innovative regulatory systems.

ChainCatcher news, Hong Kong Cyberport announced the establishment of the "Web3.0 Investment Circle" (W3IC) under the "Cyberport Investor Network," aiming to create a dedicated investor network in the Web3.0 field to promote investments related to Web3.0 projects.Cyberport will leverage W3IC and its synergies to drive an investor network focused on Web3.0, providing market analysis for Web3.0 and other innovative technologies, specifically assisting investors in understanding the market and communicating with startups to seize opportunities in emerging markets. Since the establishment of the "Cyberport Web3 Base," Cyberport has gathered around 230 companies engaged in Web3.0 from over 15 countries and regions worldwide.

ChainCatcher news, CoinW will launch PORT3 on WEB3.0 chain at 16:00 (UTC+8) on January 8, 2024, opening the PORT3/USDT trading pair, with deposit and withdrawal channels also available. At the same time, the "Join PORT3 Bounty Program" will be initiated.It is reported that Port3 aggregates and standardizes off-chain/on-chain data to build a universally accessible and powerful social data layer suitable for Web3 use cases.

ChainCatcher news, the Shanghai Municipal People's Government Office has issued a notice on the "Several Policy Measures to Promote the Healthy Development of the Online New Economy in Shanghai," which includes policy measures to promote the healthy development of the online new economy, such as promoting the construction of a new generation of computing power infrastructure, accelerating the construction of urban blockchain infrastructure, enhancing the innovation capability of large AI models, and exploring the establishment of a Web3.0 ecosystem with prior regulations.Specifically, the Shanghai Municipal Government will promote the construction of the Pujiang Digital Chain urban blockchain digital infrastructure system, build dedicated computing power clusters and distributed open networks, and create a public basic service platform that supports convenient on-chain, using chain, and cross-chain operations. Targeting government and public services, data circulation, cross-border trade, shipping logistics, supply chain finance, industrial internet, and other fields, a number of benchmark demonstration scenarios for blockchain will be developed. High-quality enterprises, research institutions, and others are encouraged to jointly carry out technological breakthroughs and ecological co-construction, creating a self-innovation system for blockchain technology across the entire chain. Actively explore cooperation with overseas entities to create cross-chain open application pilots. At the same time, the Shanghai Municipal Government supports online new economy enterprises in conducting R&D breakthroughs in technologies related to Web3.0 smart contracts, network operating systems, digital identity authentication, and more. Open data asset rights confirmation, supply chain management, business entity credit, product traceability, cross-border trade circulation, and other scenarios are encouraged for online new economy enterprises to develop distributed applications.

ChainCatcher news, according to Xinhua News Agency, at the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference, Li Haolong, chairman of the Greater Bay Area Capital Group, stated that the Greater Bay Area Capital Group (GBA Capital) will announce the launch of a $10 billion meta-asset Web3.0 industry fund, investing in global related sectors such as meta-assets, metaverse, NFTs, and RWAs, to help the Guangdong-Hong Kong-Macao Greater Bay Area become the "World Capital of Meta-Assets."

ChainCatcher news, according to reports, Hong Kong's Financial Secretary Paul Chan stated in his speech at the Web3.0 Security Technology Summit that Cyberport has currently gathered over 210 companies engaged in Web3.0. Their founders come from more than 20 countries and regions around the world, actively applying relevant technologies in various aspects of life and business, ranging from payment systems, blockchain network security, to digital entertainment businesses, covering a wide range of industries.Paul Chan emphasized the need to seriously address and confront how to construct an effective regulatory framework while avoiding different risks, whether it be the spillover effects of the collapse of large overseas trading platforms or the implications of local scams. It is essential to proactively identify and eliminate risks, and to strengthen investor education comprehensively. In addition, he hopes to seek more new applications, new services, new models, and new products with an open attitude, maintaining a stable safety baseline, and with the flexibility of cross-sectoral understanding. The innovation and mutation of technology make cross-border collaboration the key to responding to technological innovation.

ChainCatcher news, according to Jinshi reports, the Ministry of Industry and Information Technology (MIIT) stated in its response to proposal No. 02969 of the 14th National Committee of the Chinese People's Political Consultative Conference that in the next step, the MIIT will strengthen collaborative interaction with relevant departments to promote technological innovation and high-quality development of the Web3.0 industry. Improve top-level design. Strengthen research on Web3.0, formulate development strategy documents for Web3.0 that align with China's national conditions, clarify the development path, technical focus, and application models of Web3.0, and properly handle the relationships between inheritance and innovation, development and security, government and market, supply and demand. Focus on key areas such as government affairs and industry, encourage strengthening research on Web3.0, and formulate development strategy documents for Web3.0 that align with China's national conditions, including new business models such as NFTs and decentralized applications (DApps), to accelerate the innovative application of Web3.0 and the construction of a digital ecosystem.