IOST in Hong Kong| IOST Joins Cyberport Incubation Programme and Plans to Launch ‘IOST BaaS Solution’
Recently, IOST announced its official membership in the Cyberport Incubation Programme in Hong Kong and plans to launch the ‘IOST BaaS (Blockchain as a Service) Solution’ later this year. Furthermore, to enhance the Hong Kong ecosystem comprehensively, IOST will actively engage in strategic collaborations with local Hong Kong clients, continue recruiting local and global distributor partners, and establish cross-domain partnership agreements with global ecosystem partners.
As a financial center in Asia and globally, Hong Kong’s Web3 industry has achieved remarkable success. IOST, in close collaboration with Cyberport and global partners, aims to leverage its core technology support and global ecosystem empowerment to jointly create a low-threshold, refined, differentiated, and diversified series of Web3 products and services. Together, they are building a Hong Kong international, innovative Web3 digital ecosystem integration circle.”
About the Cyberport Incubation Programme:
As a flagship digital technology hub and startup incubator in the emerging Web 3.0 market of Hong Kong, Cyberport has attracted a growing number of global Web 3.0 professionals thanks to government support and favorable policies. Together, they empower the ongoing development of Hong Kong’s digital economy.
Cyberport aims to be a digital technology hub by nurturing tech talent, encouraging youth entrepreneurship, and supporting startups, thereby creating a thriving tech ecosystem. Through collaboration with local and international strategic partners, Cyberport accelerates the co-development of the tech industry with traditional markets, facilitating the growth of the digital new economy.
The Cyberport Incubation Programme offers comprehensive entrepreneurship support, including the Cyberport Smart Living Start-up Incubation Programme. Entrepreneurs and startups in the program receive up to HKD 500,000 in financial support over 24 months to aid their business growth, along with up to HKD 200,000 in on-site rent subsidies. By joining the Cyberport Incubation Programme, entrepreneurs gain access to a one-stop entrepreneurial support platform to foster the growth of digital tech businesses.
IOST in Hong Kong
As a globally recognized public blockchain, IOST consistently promotes diversity and high-dimensional openness in its on-chain ecosystem. It continues to collaborate with outstanding strategic partners like WEB3HUB and global communities, expediting strategic planning in various fields such as infrastructure, cross-chain ecosystems, IoT, AI, DeFi, NFT, GameFi, Web3, RWA, and STO within the Hong Kong ecosystem.
On April 7, 2023, IOST officially established its Hong Kong office and formed its Hong Kong market team. They are strategically positioning IOST within the Hong Kong ecosystem, working on compliance, increasing liquidity, landing IOST services and ecosystem within Hong Kong, and enhancing the international recognition and market influence of IOST’s IP.
Furthermore, IOST has officially set up the ‘Hong Kong Ecosystem Specialist Team,’ which is responsible for the expansion and business development of the ecosystem in Hong Kong. The team includes experts from internationally renowned law firms and industry leaders in the local Web 3.0 field. Their goal is to provide comprehensive, customized support and ‘blockchain+’ digital empowerment, including funding, technology, token models, marketing, community building, and exchange platform connections, to Hong Kong ecosystem partners.
Joining the Cyberport Incubation Programme marks a significant milestone in IOST’s efforts to expand its Hong Kong ecosystem and is a crucial step in its international Web3 strategic partnership layout. In the future, IOST will further promote exchanges and collaborations with local Hong Kong governments, organizations, and enterprises, using Hong Kong as a fulcrum, jointly advancing diversification in the international market, and accelerating the construction and improvement of the digital ecosystem.
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