Golden Finance reported that 9GAG co-founder and CEO Ray Chan Chan-cheng (Ray) emphasized in a recent exchange with the media that this is the golden period for Hong Kong to vigorously promote the ecological development of Web 3.0-related technologies. Chen Zhancheng (Ray) and Newman Capital founder and managing partner Lai Yuqin (Adrian) jointly unveiled 9GAG's latest Web 3.0 creative studio "Memeland". Memeland is positioned as a "community company", aiming to develop and invest in social products, and closely connect creators and communities through NFT, tokens and products. Ray said that the core concept of Memeland is to use NFT to build communities, use tokens to achieve decentralized value, and serve the public with products.