Neo, the open source blockchain platform, has joined forces with Web3Labs to ignite Web3 innovation in the vibrant city of Hong Kong. This partnership comes with a substantial contribution of nearly HKD 8 million(equivalent to USD1 million) from Neo to fuel the Web3.0 Global Acceleration Program. In addition, Neo will provide critical technical assistance, access to co-marketing resources, informative workshops, funding opportunities, and a comprehensive set of ecosystem benefits.
Da Hongfei, the visionary founder of Neo, emphasized the significance of this collaboration, stating, "Partnering with Web3Labs reinforces Neo's unwavering commitment to supporting developers throughout Asia and underscores the immense potential in fostering a robust Web3 developer community in Hong Kong." Neo's substantial financial contribution to Web3Labs' expansive accelerator program reflects its commitment to strengthening the Web3 ecosystem. The timing is opportune given the recent regulatory advances in the region, particularly in Hong Kong. Neo is eager to embrace further advancements in the region and believes that through Web3 and blockchain, we can realize a smart economy where the digital and physical worlds converge. Neo has been steadfast in empowering developers to realize this vision.
Source: Korea IT Times