According to Foresight News, LBank Labs tweeted that it will co-host the Seoul Web3 Festival 2023 (SWF2023) with the Seoul Metropolitan Government from July 31 to August 2. Representatives from mainstream blockchain projects in South Korea will be invited to discuss topics such as DeFi, NFT, and the Metaverse with the Seoul Metropolitan Government.

The event is hosted by the Seoul Metropolitan Government and aims to build an open blockchain ecosystem and promote the development of the Korean blockchain industry. As the main initiator of the event, LBank Labs will help more high-quality blockchain companies enter the Korean market and assist the Seoul Municipal Government in focusing on the layout of blockchain and other related derivative industries.