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Sinohope, a MPC self-custodial platform under New Huo Tech, launched a Start-up support plan, and BeWater was the first to join the cooperation

BeWater, a Web3 developer community, recently announced that the winning projects of the Web3 Innovation Contest organized by the community will be selected into the new Start-up support plan launched by Sinohope, the MPC self-custodial platform of New Huo Tech. The winning projects will enjoy enterprise-level service customization worth thousands of dollars per month provided by Sinohope. Sinohope will also open the use of enterprise-level MPC wallets, automated AML&KYT processes, full-chain protocols and currency access, and customized function development for winning projects.

As a key product recently launched by New Huo Tech, Sinohope is committed to creating an exclusive digital asset self-custodial platform for each institution. Sinohope uses MPC-CMP technology to support users' distributed management of private key fragmentation and collaborative signature to solve private key single-point risks, effectively increasing transparency and ease of use. Recently, in order to further assist the development of early-stage projects, Sinohope launched the Start-up support plan to provide exclusive services for thousands of developers and early-stage projects. The projects selected for the support plan will enjoy a series of support policies provided by New Huo Tech.

It is reported that the BeWater Web3 Innovation Competition assisted by the support plan here aims to provide Chinese entrepreneurs in the Web3 field with opportunities to showcase their projects to the outside world, recommend their projects to senior investors and industry experts, and provide publicity exposure, mentor guidance, and financial assistance. Resources to help entrepreneurs succeed in the Web3 space.

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