On June 2, IOST announced that it will officially launch [223 Booster], a Web2.0 to Web3.0 startup incubator, in Hong Kong in cooperation with BitValue Capital. In the future, IOST will work with BitValue Capital, link up with [223 Booster] standing committee members, outstanding global strategic partners and international communities to create a top Web3.0 startup accelerator with global influence, competitiveness and reputation, aiming to continuously support the iterative innovation and application of Web3.0 technology, products and services, and build a safe, stable, efficient, co-built and shared international Web3.0 digital innovation ecosystem empowerment system, providing one-stop services and diversified support for firm practitioners of Web3.0 in Hong Kong, Asia and even the world.
1. Hong Kong leads the wave of innovation and development in the Web3.0 era
Compared with Web2.0, Web3.0 has achieved a revolutionary transformation in many aspects, including network systems, technical architecture, protocol specifications, data sharing, savings and evidence storage, security construction and application development - from centralization to decentralization.
The Web3.0 era has arrived, creating a new, fair, and open Internet model. With the continuous iteration, innovation, and application of emerging technologies such as blockchain, AI, and quantum computing, our production and living patterns have changed dramatically without us realizing it, and a diversified and decentralized market operation model has emerged.
As one of the most important financial centers in Asia, Hong Kong is an important hub for the innovative development of Web3.0. At present, Hong Kong's digital economy has been developing rapidly. In order to further seize the new heights of Web3.0 digital innovation reform, Hong Kong has successively launched a number of open and inclusive industry empowerment policies in recent years, established the Web3.0 Association, and launched the Web3Hub Ecological Fund.
It can be said that Hong Kong is leading the wave of innovation and development in the Web3.0 era.
2. [223 Booster]—— Web3.0 startup accelerator
Currently, IOST and BitValue Capital have officially become strategic partners and jointly launched a "US$5 million ecological incentive fund".
As one of the largest financial centers in Asia, Hong Kong is also a leading global center for technological innovation. With the emergence and continued popularity of Web3.0, more and more innovators and entrepreneurs are flocking to Hong Kong to explore new business models and technological applications.
In this context, IOST and BitValue Capital, together with their ecosystem partners, launched a joint initiative to establish the Web3 HK Startup Accelerator in Hong Kong, named [223 Booster], which aims to promote the development of Web3.0-related technologies in Hong Kong and provide comprehensive support for high-quality Web3.0 projects.
· 【223 Booster】Basic Introduction
【223 Booster】 aims to provide one-stop services (including technical support, marketing planning, legal consulting, financing integration, exchange listing consulting, etc.) to global entrepreneurs, comprehensively and deeply helping entrepreneurial teams to break through difficulties in many aspects such as technology iteration, ecological development and capital investment.
【223 Booster】 aims to "jointly develop, optimize resources, and control risks" and will provide an open platform for member units to share resources and information. In the near future, 【223 Booster】 will also invite internationally renowned venture capitalists, technical experts, and Web3.0 user communities to participate in the global ecosystem construction and project incubation process, thereby providing more diverse and comprehensive support and services for Web3.0 entrepreneurial teams.
· 【223 Booster】Future planning
In the future, [223 Booster] will mainly complete the further development of diversified ecosystem and international strategic planning layout from the following aspects: strengthen technical support means; expand the scale of global cooperation; improve the financial support matrix; build a strong ecosystem; and enhance the international visibility and market influence of IP.
More exciting information about [223 Booster] is coming soon, so stay tuned!
3. IOST: Web3.0 blockchain operating system
Since its establishment in 2017, IOST, which has been deeply involved in the blockchain field for a long time, has used the same V8 Javascript engine as Google Chrome as the core for executing smart contracts, and on this basis, has made a lot of improvements applicable to blockchain. While ensuring performance, it also ensures the correctness and security of the main network.
After the mainnet upgrade in 2023, IOST2.0 will have higher throughput and availability, becoming a true Web3.0 blockchain operating system. IOST2.0 - The Merge IOST will adopt the Beacon Chain + Smart Chain architecture solution to be compatible with EVM, and the communication between the two will use the standard Engine API.
In addition, IOST2.0 will continue to evolve and upgrade multiple sub-chains. Among these sub-chains, there are both general EVM smart contract chains and special-purpose sub-chains, such as NFT chains, game chains, AI Native chains, etc.
Hong Kong Web3.0 Ecological Layout
On April 7, 2023, the IOST Hong Kong office was officially completed, the Hong Kong market team was established, and cooperation and contact for IOST's business in Hong Kong began.
In order to further promote exchanges and cooperation with local institutions and enterprises in Hong Kong, the IOST team has continuously increased its investment in the strategic layout of ecological construction in Hong Kong, and formed an "8-person Hong Kong dedicated team" to be fully responsible for ecological expansion and business promotion in Hong Kong (team members include experts from internationally renowned law firms and industry leaders in the local Web3.0 field in Hong Kong). IOST will fully combine its own advantages to provide Hong Kong's ecological partners with all-round, multi-level customized auxiliary services and "blockchain +" digital empowerment from capital, technology, token models to market promotion, community building, trading platform docking, etc.
Global Web3.0 Ecosystem Layout
At present, IOST's Web3.0 ecological layout in countries such as Singapore, Japan, South Korea, Europe, the United States, and Southeast Asia has been gradually improved, and it has reached in-depth cooperation with government organizations, authoritative institutions, well-known universities and star companies such as the Singapore Economic Development Board, Singapore Blockchain Research Institute, Fujimi City Government, Japan, Pracs, a well-known Japanese medical institution, Japan Blockchain Industry Association, IEEE (Institute of Electrical and Electronics Engineers), University of Zurich, global drone company Ehang, AWS, Hyperledger, CCID, etc., and has effectively used blockchain technology to empower the digital innovation and development of the real economy.
As of today, more than 500 node partners and many high-quality partners from nearly 30 countries around the world have joined the IOST ecosystem construction, including dozens of mainstream media at home and abroad (Cointelegraph, Jinse, Coinpost, Bitcoin.com, etc.), mainstream exchanges (Binance, Huobi, OKEx, CoinCheck, Upbit, etc.), first-class technical teams (Metanyx, Platinum Egg, NFT-Japan Inc., etc.), enthusiastic community builders, etc.
4. BitValue Capital: Committed to incubating top blockchain projects
BitValue Capital was officially established in Toronto, Canada in 2017. The core team consists of top talents from North American investment banks, hedge funds, Canadian pension funds, IBM, Toronto Stock Exchange and other well-known institutions in various industries. Since its establishment, BitValue Capital has always been committed to incubating the world's top blockchain projects, aiming to become a bridge to promote friendly and efficient communication between the East and the West.
BitValue Capital official website: https://bvcapital.ca/
Deep empowerment and shared opportunities
BitValue Capital focuses on project incubation, project strategy consulting, marketing and ecosystem construction, and transaction consulting. Currently, BitValue Capital has provided various services (early investors, private placement rounds) to more than 300 projects around the world, including Near, Polkadot, Flow, Definity, Solana, Chia, Woo, SecondLive, and Cortex.
Embrace Hong Kong and incubate the future
In order to enhance everyone's understanding and cognition of blockchain technology, promote international exchanges and cooperation in blockchain technology, seize the new opportunities of the era of Web3.0 digital innovation, and promote the practical application and innovative development of blockchain technology in Hong Kong. On May 15, 2023, BitValue Capital and IOST jointly held the [2023 Hong Kong Web3.0 Exchange Conference] with the theme of "Web2.0 to Web3.0, World to Hong Kong" at the Productivity Building, 78 Tat Chee Avenue, Kowloon Tong, Hong Kong. Alibaba Cloud, Animoca Venture, Cyberport, RACA, HashKey, OSL, as well as capital institutions, celebrity public chains, community media, DApp project parties, KOLs, and Web3.0 practitioners from all over the world attended this innovative and international Web3.0 consensus event to discuss the new paradigm and more possibilities for the future development of Web3.0.
Although the conference was not open to the public offline, it was live-broadcasted throughout on the Secondlive metaverse platform. More than 100,000 users applied for online participation via email, 5,000 people attended the conference online, and more than 200,000 clicks were received.
In addition, in order to further promote the healthy and sustainable innovative development of the global Web3.0, BitValue Capital also announced its $100 million Web3.0 venture capital fund last year with investors from traditional investment and cryptocurrency markets to encourage new blockchain projects and boost industry development. The fund will focus on many areas such as game studios, Metaverse, GameFi, NFT, SocialFi, DAO and DeFi.
V. Conclusion
The Web3.0 era has arrived. In the future, IOST will continue to deepen its presence in the blockchain field, give full play to the "on-chain ecological cluster effect", join hands with BitValue Capital, link up with the standing committee members of [223 Booster], outstanding global strategic partners and international communities, and create a top Web3.0 entrepreneurial accelerator with global influence, competitiveness and reputation, and build a safe, stable, efficient, co-built and shared international Web3.0 digital innovation ecological empowerment system, providing one-stop services and diversified support for firm practitioners of Web3.0 in Hong Kong, Asia and even the world.
If you have any Web3.0 + AI related resources or cooperation intentions, please feel free to contact us.
IOST Hong Kong Office Email: hk@iost.io
