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Hong Kong Cyberport launches Web3 proof-of-concept testing funding program and approves 45 projects

Hong Kong Cyberport has launched the Web3 Concept Verification Test Fund (Web3 PoC Program) to promote the development of the Web3.0 industry and the application of related technologies in multiple fields. The program encourages Web3.0 technology companies to collaborate with mature industries to develop high-value and innovative Web3.0 solutions by providing funding for innovative Web3.0 technology projects at the development stage, accelerating the development of the Web3.0 technology community, and promoting the commercial adoption of Web3.0 in Hong Kong. It is reported that the program received a total of 122 project applications and approved 45 projects, with each project eligible for up to 150,000 yuan in funding, covering fields such as tokenized asset management and carbon credit certification.

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