{"id":52573,"date":"2023-06-19T07:25:05","date_gmt":"2023-06-19T11:25:05","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=52573"},"modified":"2023-06-19T07:25:08","modified_gmt":"2023-06-19T11:25:08","slug":"hong-kongs-cyberport-sees-web3-boom-with-government-help","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/hong-kongs-cyberport-sees-web3-boom-with-government-help\/","title":{"rendered":"Hong Kong\u2019s Cyberport Sees Web3 Boom with Government Help"},"content":{"rendered":"\n

Cyberport, a government-backed tech hub in Hong Kong,<\/a> has seen a surge of over 150 web3 firms joining its ecosystem in the past year. The Finance Secretary has allocated $6.39 million to Cyberport to foster web3 innovation, as Hong Kong aims to be a global leader in the digital economy.<\/p>\n\n\n\n

\"Hong<\/figure>\n\n\n\n

Cyberport\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> is a digital hub for over 1,900 tech firms in Hong Kong. It offers resources, funding, training, and networking for startups and companies in fields like blockchain<\/a>, AI,<\/a> IoT<\/a>, and the metaverse.<\/a><\/p>\n\n\n\n

The community is managed by a wholly owned Hong Kong SAR Government subsidiary. It aims to promote Hong Kong as a smart city and regional digital technology and innovation hub.<\/p>\n\n\n\n

Cyberport lures web3 firms with government backing<\/h3>\n\n\n\n

In a blog post <\/use><\/svg><\/span><\/a>published on Sunday, Finance Secretary Paul Chan disclosed that over 150 web3 companies had joined Cyberport in the past year. He did not disclose their names, but some of the notable web3 firms already in Cyberport include:<\/p>\n\n\n\n