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CEO of Hong Kong Web3Hub Fund: Preparing to Launch a $100 Million Web3 Ecosystem Fund

Cointime Official

On April 14th, at the sub-venue four of the "MetaEra x BitMart Special Session: Where are the Opportunities of the Metaverse" forum at the 2023 Hong Kong Web3 Festival, Mr. Wong Chun-hong, the CEO of the Hong Kong Web3Hub Fund, announced the launch of a $100 million Web3 ecosystem fund, which will invest in global projects and promote the development of global Web3 standards, based in Hong Kong.

In addition, the previously announced Hong Kong $10 million Web3Hub Ecosystem Accelerator will invest $1 million in the first phase to support entrepreneurs, with applications open from April 14th to May 14th. In the past two months, 350 Web3 companies have registered in Hong Kong, with 100 strategic partners, and it is expected to create over 1,000 job opportunities.

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