IOST in Hong Kong | IOST and BitValue Capital Unveil “223 Booster” in Hong Kong

IOST is proud to announce the official launch of the “223 (Web2 to Web3) Booster” — an innovative Web2 to Web3 startup incubator in the illustrious city of Hong Kong, in a remarkable partnership with BitValue Capital. Moving forward, IOST will collaborate closely with BitValue Capital, the esteemed permanent committee members of the “223 Booster,” global strategic partners, and international communities to forge a top-tier Web3 startup accelerator with worldwide influence, competitiveness, and exceptional repute. The primary objective is to consistently support the innovation and application of cutting-edge Web3 technologies, products, and services while fostering a secure, stable, efficient, collaborative, and inclusive global Web3 ecosystem. This endeavor will deliver comprehensive assistance and diverse support to Web3 enthusiasts and practitioners in Hong Kong, Asia, and across the globe.

The “223 Booster” — The Accelerator Powering Web3 Startups

IOST and BitValue Capital have joined forces to create a strategic partnership and introduce the “5 million US dollars Ecological Incentive Fund.” This collaboration comes at a time when Hong Kong, one of Asia’s major financial centers and a global leader in technological innovation, is experiencing a surge in entrepreneurs and visionaries seeking to explore new business models and technological advancements in the rapidly evolving Web3 landscape.

In light of this promising environment, IOST and BitValue Capital, together with their ecosystem partners, have embarked on a collaborative endeavor to establish the Web3 HK Startup Accelerator in Hong Kong, known as “223 Booster.” The primary objective of this accelerator is to drive the progress of Web3-related technologies within Hong Kong and provide comprehensive support to exceptional Web3 projects. By fostering innovation and offering necessary assistance, the accelerator aims to catalyze the growth of the Web3 ecosystem in Hong Kong.

Unveiling the “223 Booster”

“223 Booster” aspires to provide a one-stop service for global entrepreneurs, englobing technical support, marketing strategy, legal consultancy, funding integration, and guidance on exchange listings. Its primary objective is to assist startup teams in overcoming challenges to technological innovation, ecological development, and capital investment.

“223 Booster” is commited to “shared development, optimized resources, and risk mitigation” while fostering an open platform for resource and information sharing among its members. In the foreseeable future, “223
Booster” will invite globally renowned venture capitalists, technology experts, and Web3 communities to participate in the global ecosystem construction and project incubation, thus providing even more diverse and comprehensive support and services to Web3 startup teams.

The Futuristic Vision for “223 Booster”

In the times to come, “223 Booster” will concentrate its efforts on the following areas to further expand its diverse ecosystem and international strategic initiatives:

• Enhancing technical support capabilities,
• Expanding global collaborations,
• Enhancing funding support matrices,
• Fostering a robust ecosystem, and
• Increasing intellectual property visibility and market influence.

IOST — Bringing Web3 to the World

In this new era of Web3, IOST is committed to deepening its involvement in the blockchain field and leveraging the powerful “cluster effect” of the on-chain ecosystem. Through collaborative efforts with BitValue Capital, the esteemed permanent committee members of the “223 Booster,” global strategic partners, and international communities, IOST aims to establish itself as a leading Web3 startup accelerator with a global influence, unrivaled competitiveness, and exceptional reputation. The ultimate goal is to create a secure, stable, efficient, collaborative, and inclusive international Web3 ecosystem that provides comprehensive services and diversified support to Web3 enthusiasts and practitioners in Hong Kong, Asia, and beyond.

Stay tuned for more exciting updates about “223 Booster”!

If you have any resources or share a vision for Web3 + AI collaboration, we welcome you to reach out to us.

• For inquiries, please contact the IOST Hong Kong Office via email at hk@iost.io.

Hong Kong Leading the Era of Web3 Innovation and Development

When put aside to Web2, Web3 represents a transformative revolution in various domains such as network systems, technological architecture, protocol standards, data sharing, storage verification, security infrastructure, and application development, thereby transitioning from centralization to decentralization. The era of Web3 has arrived, creating a fair, open, and brand new Internet model, inspiring significant shifts in our production methods and way of life through the evolution and application of technologies such as blockchain, AI, and quantum computing. Consequently, a diversified and decentralized market operation model has surfaced, leading us into a new era of possibilities.

Hong Kong, as one of Asia’s largest financial hubs, plays a pivotal role as a nucleus for innovative Web3 development. The city has experienced rapid growth in its digital economy. In recent years, Hong Kong has introduced various open and inclusive industry policies, establishing the Web3 Association and the Web3Hub Ecological Funds, in order to seize the vanguard of Web3 digital transformation. It is indisputable that Hong Kong is at the forefront of the wave of Web3 innovation and progress.

About BitValue Capital — Pioneering Web3 Acceleration

Incubation for Elite Blockchain Projects

BitValue Capital was formally established in Toronto, Canada, in 2017. Its core team comprises top-tier talents from North American investment banks, hedge funds, Canadian pension funds, IBM, the Toronto Stock Exchange, and other prestigious institutions. Since its inception, BitValue Capital has been devoted to incubating exceptional blockchain projects worldwide, serving as a bridge for efficient and amicable communication between the East and the West.

Learn more about BitValue at: https://bvcapital.ca/

Empowering Collaboration and Shared Opportunities

BitValue Capital focuses on project incubation, strategic consulting, marketing, ecosystem development, and advisory services. To date, BitValue Capital has provided a multitude of services, including early-stage investment and private rounds, to over 300+ projects, including notable names such as Near, Polkadot, Flow, Definity, Solana, Chia, Woo, SecondLive, Cortex, and many more.

Embracing Hong Kong, Cultivating the Future

To enhance understanding and awareness of blockchain technology, foster international exchanges and cooperation within the field, seize the new opportunities within the era of Web3 digital innovation, and drive the practical application and innovative advancement of blockchain technology in Hong Kong, BitValue Capital, in collaboration with IOST, organized the “2023 Hong Kong Web3 Conference” under the theme “Web2 to Web3, World to Hong Kong.”

The summit took place with great success in Hong Kong at the esteemed Productivity Building, located at 78 Tat Chee Avenue. Co-hosted by IOST and BitValue Capital, the summit brought together a remarkable array of participants, including notable names such as Alibaba Cloud, Animoca Venture, Cyberport, RACA, HashKey, and OSL. The event served as a dynamic platform for capital institutions, prominent blockchain projects, community media, DApp developers, KOLs, and Web3 practitioners from around the world to converge and explore new paradigms and possibilities in the ever-evolving realm of Web3.

Learn more about the event:

HK Ecosystem｜IOST × BitValue Capital 2023 Hong Kong Web3 Summit | Event Recap

About IOST — The Web3 Blockchain Operating System

Since its establishment in 2017, IOST has been deeply immersed in blockchain, utilizing the V8 JavaScript engine, identical to Google Chrome, as the core for executing smart contracts. Building upon this foundation, IOST has made significant blockchain-specific enhancements, ensuring performance, correctness, and security within the mainnet. Following the mainnet upgrade in 2023, IOST 2.0 will feature higher throughput and usability, becoming a truly Web3.0 blockchain operating system.

• IOST 2.0 — The Merge. IOST will adopt the Beacon Chain + Smart Chain EVM compatible architecture, and both will communicate using the standard Engine API.
• IOST 2.0 will continue to evolve and upgrade multiple sub-chains, including general-purpose EVM smart contract chains and specialized sub-chains such as NFT chains, gaming chains, and AI Native chains.

IOST’s Ecosystem Construction and Strategic Layout in Hong Kong Web3

On April 7, 2023, we officially established the IOST Hong Kong office and formed the Hong Kong team to promote IOST’s business cooperation and expansion in the Hong Kong market. To foster dialogue and collaboration with local institutions and enterprises in Hong Kong, the IOST team has expanded its investment in the strategic design of the Hong Kong ecosystem development, building an “8-person Hong Kong Special Force.” This group is responsible for ecological growth and business development in Hong Kong, including team members from internationally distinguished law firms and local Web3 industry leaders in Hong Kong.

Learn more about the official launch of the IOST Hong Kong office:

IOST Announces Official Launch of Hong Kong Office

IOST Global Web3 Ecosystem

Presently, IOST has witnessed the maturation of its Web3 ecosystem layout across various countries, including Singapore, Japan, South Korea, Europe, the United States, and Southeast Asia. Through concerted efforts, IOST has forged extensive collaborations with governmental organizations, authoritative institutions, renowned universities, and prominent enterprises. Noteworthy partners include:

• The Singapore Enterprise Development Agency, Singapore Blockchain Research Institute,
• Fujimi City Government in Japan, Pracs, Japan Blockchain Industry Association,
• IEEE, University of Zurich, EHANG Global, AWS, Hyperledger, Sidus, and many others.

These collaborative endeavors have proven instrumental in empowering digital innovation and real-world economic development through the transformative potential of blockchain technology.

The IOST ecosystem consists of over 500 partner nodes and numerous top-tier partners from nearly 30 countries worldwide. These include media companies (Cointelegraph, Jinse, Coinpost, Bitcoin.com, etc.), exchanges (Binance, Huobi, OKX, CoinCheck, Upbit, etc.), top-tier tech teams (Metanyx, Platinum Egg, NFT-Japan Inc., etc.), and enthusiastic communities.

If you would like to hang out with the IOST community on chat or social media or discuss product development, we have something for everyone:

Telegram | Twitter | Facebook | LinkedIn | Medium | Reddit

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IOST in Hong Kong | IOST and BitValue Capital Unveil “223 Booster” in Hong Kong was originally published in IOST on Medium, where people are continuing the conversation by highlighting and responding to this story.