The 2023 Hong Kong Web3 Summit, Co-hosted by IOST & BitValue, is Coming Soon

The event aims to explore the transformation of the conventional internet (Web2) into a decentralized blockchain-based internet (Web3) and the integration of the world’s most advanced blockchain technologies and exceptional entrepreneurial initiatives into Hong Kong.

Zhen
IOST
4 min readMay 8, 2023

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On May 15th, the “2023 Hong Kong Web3 Summit,” co-hosted by IOST, BitValue Capital, Alibaba Cloud, Animoca Venture, Cyberport, RACA, HashKey, and OSL, will officially kick off at the HKPC Building in Kowloon Tong, Hong Kong. Embracing the theme “Web2 to Web3, World to Hong Kong.” This summit will assemble an array of global participants, including capital institutions, eminent public chains, community media, DApp project teams, key opinion leaders, and Web3 practitioners. They will gather in Hong Kong to participate in this innovative, international Web3.0 consensus event, discussing new paradigms and possibilities for the future development of Web3.

Event Details:

  • Date: May 15, 2023
  • Time: 1:00 PM to 5:00 PM, UTC+8
  • Venue: HKPC Building (Ground Floor), 78 Tat Chee Ave, Kowloon, Hong Kong
  • Number of Participants: 100

Connecting the World to Hong Kong

IOST is delighted to announce its role as a co-host for this pivotal event. As an organization deeply committed to the development of blockchain technology, IOST views this unique occasion as an invaluable opportunity to collaborate, share insights, and foster a future where Web3 is seamlessly integrated into our lives. By co-hosting this event, IOST reaffirms its commitment to supporting the development of blockchain technology in Hong Kong and worldwide.

We eagerly anticipate the exchange of ideas, the cultivation of partnerships, and the enhancement of blockchain understanding that this event promises to bring, fostering its application and development within Hong Kong. Simultaneously, the event seeks to promote international blockchain technology exchange, introduce cutting-edge global blockchain technology, and exceptional entrepreneurial teams to Hong Kong, thereby enhancing the region’s worldwide competitiveness, innovation, and leadership in the blockchain and cryptocurrency domains.

Five clandestine judges will evaluate the participating projects, assigning comprehensive scores ranging from 1 to 10. These judges may be audience members, guests, or even project representatives themselves (excluding self-assessment). The true identities of the judges shall be unveiled on social media upon the conference’s conclusion, undoubtedly revealing some influential figures!

For an optimal experience aligned with the theme, all demonstrations will be presented in a thematic panel, allotting each attendant a 5-minute window for project introductions, including PowerPoint presentations. The panel inquiries will remain restricted to one singular topic, and additional questions should be requested on-site. For further information, kindly consult the event staff.

From Web2 to Web3

Web2 vs Web3

Web2 englobes the conventional internet, maintained by centralized servers and databases controlled by large internet corporations. In contrast, Web3 is a decentralized blockchain-based internet founded on blockchain technology, offering enhanced security, reliability, and autonomy, thereby enabling more use cases for decentralized applications.

Hong Kong’s Blockchain Landscape

As one of Asia’s most important financial epicenters and a key hub for blockchain technology development, Hong Kong has witnessed rapid growth in its blockchain market. This flourishing market attracts a growing number of investors and entrepreneurs.

Advocating for Blockchain Technology

The promotion of blockchain technology and the transition from the traditional internet to a decentralized blockchain internet can strengthen the utilization of blockchain technology in businesses and society. This, in turn, will contribute to the expansion of Hong Kong’s blockchain market.

About IOST

IOST is a high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform designed to address the scalability trilemma, which has been a persistent issue with other blockchain platforms. Since its mainnet launch in 2019, IOST has quickly gained traction due to its unique features, including low fees and fast transaction times.

IOST is backed by significant financial and VC firms such as Sequoia, Matrix, and ZhenFund, and has received recognition from China’s CCID, which ranked it as the best blockchain platform under Basic Technology, surpassing Ethereum, EOS, and other smart-contracting platforms. This achievement is a testament to the quality and innovation of IOST’s product and our commitment to excellence.

With a growing community of over 500,000 members in more than 20 countries, IOST has established itself as a leader in adoption, performance, and utility. We currently have over 400 nodes and a top-tier staking ecosystem, as well as symbiotic relationships with corporations around the world.

Whether you’re interested in chatting with the IOST community or discussing product development, we have something for everyone. Join us and learn more about our mission to unleash the power of blockchain

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Zhen
IOST

Senior Community manager, editor, and translator at IOST.