Co-organised by Meta Era, Web3Labs, iPollo and Cronos Trade, and sponsored by AINN Layer2, CertiK, PSE Trading, Sensors Data, Neo, Gryphsis Academy, NuLink, Depin Dao, SWT, OSL, Open Sand, zkLink, SphereX and Staynex, the "Hong Kong Web 3.0 Spring Summit" was held in Hong Kong from 4th to 5th April 2024 and concluded successfully.
The summit had over 2,000 registrants and attracted many entrepreneurs, investors, developers, academic experts, and media people in the industry. The sharing content on-site was brilliant and attracted the attention of a large audience, the venue was overcrowded, and the on-site traffic was close to 1,000 people. At the same time, we delivered the summit content to a wider audience through online live streaming. More than 500,000 people watched the live broadcast of the summit online, and the online audience went to this digital feast together through the Internet to draw a better future for Web 3.0 together.
Guest Speeches, Unveiling Cutting-Edge Insights
The first day of the event was opened by Jack Kong, Founder of Nano Labs and Board of Director Cyberport, and Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, who kicked off the event with a presentation on the theme of "New Opportunities in Web 3.0 Development". In his speech, he focused on the six hot topics in the Web 3.0 industry this year. At the same time, he also warmly welcomed more Web 3.0 companies to come to Hong Kong and work together to promote the rapid development of Web 3.0 in Hong Kong.
Jack Kong, Founder of Nano Labs and Board of Director Cyberport
The Summit was honored to welcome Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, who gave a forward-looking insight speech, and Stefan Rust, Meta Era's Chief Advisor, who opened a fascinating dialogue with Yat Siu. Yat Siu believes that Hong Kong's digital assets are at a critical stage of growth and leading this global transformation.
Meta Era Advisor Stefan Rust in conversation with Yat Siu
Forward-Looking Keynote, Captivating Brilliance
The Hong Kong Web 3.0 Spring Summit included a wide range of topics. Guest speakers gave fascinating presentations on current hot topics such as how Web3Labs is building the global Web3 industry, the regulation of virtual asset products and funds in Hong Kong, how to lay out the next RWA ecosystem that will be hot in 2024, exploring the AINN Layer2 ecosystem project, and what's next for the Hong Kong virtual asset ecosystem.
Amanda, Vice President of Web3Labs, took the lead in speaking on the topic of "How Web3Labs can drive GenTech to build a global Web3 industry plateau", stating that Web3Labs not only helps traditional enterprises to enter the Web 3.0 space but also accelerates the development of native Web 3.0 enterprises in the international market. In addition, Amanda added that Web3Labs has also initiated the Web 3.0 Investment Alliance, which aims to join hands with top organizations to provide professional guidance and investment opportunities in Web 3.0 technologies and applications in Hong Kong.
Amanda, Vice President, Web3Labs
Marco Lim, Managing Partner of MaiCapital, spoke on the topic of "Regulation of Virtual Asset Products and Funds in Hong Kong", highlighting Hong Kong's commitment to establishing a top-tier compliance and regulatory centre to drive the development of the virtual asset industry, and attracting companies to Hong Kong due to its stringent licensing regulations and investor protection measures.
Marco Lim, Managing Partner, MaiCapital
Yuen Wong, Founder of Staynex, had a presentation on the success factors of RWA projects and Hong Kong's virtual asset policy. He first emphasized the core factors for the success of RWA projects, including track windfall and timing, market adaptability, asset quality, risk management, as well as transparency, and compliance. In addition, he pointed out that Hong Kong's virtual asset policy is gradually opening up, which will facilitate the development of more new RWA projects.
Yuen Wong, Founder of Staynex
In his presentation, Atlas, Head of Business Development at AINN Layer2, shared an update on the latest advances in AI technology leveraging the Bitcoin Layer2 infrastructure and highlighted the tremendous opportunity in this space. Atlas added that since AINN Layer2 built and launched its main network, AI has shown AINN has undertaken deep projects in over 100 different areas, covering everything from infrastructure to ecosystems to verticals.
Atlas, Head of Business Development at AINN Layer2
Gary Tiu, Executive Director and Head of Regulatory Affairs of OSL, spoke on "From VA Exchange to Spot VA ETF in 3 years: What’s next for Hong Kong’s VA Ecosystem?". Gary Tiu emphasized the need for Hong Kong to build a complex financial and legal infrastructure involving multiple participants and regulators to make virtual currencies more compliant. 
Gary Tiu, Executive Director and Head of Regulatory Affairs, OSL
Panel Discourse, Highlighting Moments of Excellence
In addition to engaging keynote addresses, the summit featured enlightening panel discussions, bringing together investors, industry pioneers, and prominent figures from leading Web 3.0 organizations. Delving into crucial topics such as the 2024 Digital Asset Macro Trends, Asia's Race in Virtual Asset Spot ETFs, Hong Kong's Potential Leadership Role, RWA's Role in Catalyzing Hong Kong's Global Financial Innovation Hub, Public Chain Ecosystem Building in Asia, Long-term Prospects and Insights on AI+Web3 Integration, and Bitcoin Ecosystem Investment Strategies, these discussions not only encompassed the core facets of Web 3.0 but also offered profound insights into industry trends and advancements.
The panel discussion on the topic of "Macroeconomic Catalysts for Digital Assets in 2024" featured Paul Wang, Founding Partner of PSE Trading; Jeffrey Ding, Chief Analyst of HashKey Group; Marco Lim, Managing Partner of MaiCapital; Kevin Law, Head of BD at CoinDesk Indices; and Paolo Chen, CSO of VDX Exchange, and Welf Sang, CEO of Sensors Data engaged in a roundtable discussion. Jeffrey Ding pointed out that the Fed's policy and the U.S. election have an important impact on the trend of the U.S. dollar and bitcoin, and the expectation of interest rate cuts is usually favourable to risky assets, but in the actual implementation process, it may be faced with the challenges of the macro market. Marco Lim added that in the short term, the liquidity of Bitcoin and the virtual currency market as a whole is key, while in the long term, it is positive for the virtual currency market as a whole.
In the discussion on "Unlocking the Bull Market: Bitcoin Ecosystem Investment Review," Vito, Co-founder of Meta Era, Jack Kong, Founder of Nano Labs and Board of Director Cyberport, Jademont, Founding Partner of Shuidi Capital, Dr Jingo, a renowned Bitcoin ecosystem researcher, z3th, Founder and CEO of Ordz Games, and Leon, Founder of Crossspace, engaged in an enlightening dialogue. Jack Kong highlighted the technological advantages of Runes over BRC-20, noting the promising prospects in both fields. Dr Jingo pointed out the discrepancy between the East and West regarding Bitcoin's L2 solutions, with the Western market showing less acceptance due to concerns about technology maturity and investors' reluctance to entrust their Bitcoin to others. Jademont shared the view that Layer 1 asset protocols could reach new heights, driven by the emergence of Runes, which bring new narratives, technologies, and advantages. This shift could potentially lead to a small bull market for related protocols as the market reevaluates the Layer 1 protocol track.
In the panel discussion on "Scaling Web 3.0: The Race of L2," industry leaders including Sandy, Co-founder of Scroll, Kenny Li, Co-founder of Manta Network, Yves La Rose, Founder and CEO of EOS Network Foundation, Vince Yang, Co-founder of zkLink, Chunda McCain, Co-founder of ION Protocol, and Adam from Alchemy Pay, engaged in a thought-provoking conversation. Sandy said that the Scroll main net was launched about six months ago to build an end product that is fully equivalent to EVM so that developers can easily integrate and migrate their use, whilst ensuring security and reliability and driving developer and project engagement. Kenny Li added that Manta Network is building an EVM-based Layer 2 solution, but should focus more on modularity to address barriers to innovation.
In the panel discussion on "Current Status and Development of the Asian Web 3.0 Startup Environment," Sebastien Borget, COO and Co-founder of The Sandbox, Lian Zhu, CEO of Aperture Finance, Elsa, Co-founder of Bitmetis, Joe Takayama, Angel Investor/KOL, and Ian Yeh, Growth Director at TempoX, engaged in a comprehensive discussion. Sebastien Borget emphasized that Asia should not be perceived as a singular region, as each country/region has its uniqueness. For example, Japan and Korea exhibit significant differences, necessitating the formulation of tailored strategies for different markets. Lian Zhu added that each region and market possesses its distinct characteristics, and expanding from one market to a global market poses substantial challenges in areas such as technology and community development. People in different regions have diverse ways of thinking, preferences, and risk tolerance.
Industry Collaboration, Hand in Hand
Remarkably, the summit provided valuable opportunities for industry leaders to collaborate, and during this time an important ceremony took place to witness the signing of a strategic partnership between the Central Bank of the Kyrgyz Republic and GBM Group. The partnership between the Central Bank of the Kyrgyz Republic and BitMart will jointly explore, develop, and promote the use of Web 3.0 technologies in the financial and digital economy. This partnership will inject greater dynamism and innovation into the Kyrgyz Republic's financial markets while providing BitMart with vast opportunities to expand its business in the Asian region. At the ceremony, BitMart representative Jessica Yang said, "We are very excited about our partnership with the National Central Bank of the Kyrgyz Republic. This partnership will set an industry benchmark for the adoption and development of Web 3.0 technologies in the region."
Meanwhile, prominent guests including Kang Li, Professor of Computer Science at the University of Georgia, Director of Georgia Institute for Cybersecurity and Privacy; Caspar Wong, Chief Executive Officer of Web3Labs and Deputy Secretary-General of the Institute of Web 3.0 Hong Kong; Haokang Zhu, Founder and Secretary-General of the Asia RWA Workgroup and Founder and Visiting Scholar of the Digital Assets Think Tank at AMTD FinTech Centre of PolyU Faculty of Business; Jessica Yang, Co-Founder of BitMart; Jian Wu, Co-Chair of the Middle East and China Committee, American Bar Association, and Co-Chair of the Asian Practice Committee, Asian American Bar Association of New York; Eric Bai, Board Member of the Blockchain Association of New York University (NYU) and CEO of Meta Era; Li Tao, Partner of Grandway Law Offices; and Anqi Yu, Counsel of Hylands Law Firm; attended the ceremony to witness the establishment of the "APAC WEB 3.0 LEGAL THINK TANK". The inauguration ceremony was successfully held.
The Think Tank is dedicated to researching and advising on legal issues related to blockchain technology in the Asia-Pacific region, to promote the healthy development of the Web 3.0 industry in the Asia-Pacific region. Its vision is to promote cross-industry cooperation and exchanges, and to facilitate innovation and improvement of legal framework rules, thereby promoting the sustainable development of the industry.
Summit Concludes, A Promising Future Ahead
As the Web 3.0 Spring Summit in Hong Kong comes to a successful conclusion, we would like to thank all participants for their enthusiastic participation and support. The summit not only further promoted the spread of Web 3.0 culture and concepts, but also provided a valuable exchange platform for digital technology applications in Asia and around the world. By sharing the latest information, practical experiences, and future trends, participants established new connections and partnerships that drive the development and evolution of the industry as a whole. Thank you again for coming and we look forward to meeting you at the next event. 
Special Thanks to Our Partners
The summit is a tribute to Foresight News, MarsBit, Cointime, Chain Catcher, PANews, BlockBeats, Jinse.cn, Sina Finance, ChainTimes, Koala Finance, Bochain Finance, World Chain Finance, Caihua News Agency, luluWeb3, Blocklike, Bitrush, BOTD, Blockchain Reporter, Blocknews, ByToken, Coinpedia, Dethings, Followin, FinMETA, FX168 Finance, Knowhere, Tokenpost, Wikbit, Cryptoken, ZEX PR WIRE, CoinVoice and other medias. The publicity and distribution support of the partners, and Peking University Young Entrepreneurs Association, Peking University Web3 Alumni Club, Giant Whale Research Institute, Everything Island, NiuBite Web3 Community, Coin Circle Zoo, UR Community, Meta Universe Culture Industry, Avatar Dao, BY DAO, CrossSpace, G+Club, Snowpoint, Metaevent, METASPACE, MUA DAO, Moongate, Moledao, MiMialpha, Node Lab, TinTinLand, WIS, Web3Space, Xlink Labs, DeFam, Wikiexpo, UWEB, icloser, Blockchain Academy, TiTi, Web3event, TBC, ChainWith and other community partners. (The above rankings are in no particular order).
About Meta Era
Meta Era is a globally leading media headquartered in Hong Kong, dedicated to promoting the application of Web 3.0 technology in Asia and worldwide. We take pride in providing accurate and professional information to the public and have established strong alliances with numerous investment institutions, prominent Web 3.0 companies, influential industry media, and communities. Focused on Web 3.0, we are paving the way for a new era of the internet - a Meta era.