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DFINITY Foundation Launches $20M Grant Program to Foster Web3 Adoption in Asia

The DFINITY Foundation has launched the Internet Computer Protocol (ICP) Asia Alliance, which aims to promote the adoption of Web3 and AI in Asia through education, collaboration and innovation. The alliance brings together a diverse range of stakeholders, including government organisations, investors, tech entrepreneurs, universities, developers and community members, and is supported by ICP's network of innovation hubs across the region. The organisation has also announced a $20 million grant program to foster a vibrant Web3 and AI ecosystem in Asia, with a focus on the adoption of the ICP blockchain. Hong Kong has been identified as a key location for the alliance, due to its progressive government initiatives embracing web3 technology.

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