#DOTBTC #Dotwillbounce PolkaPort East has started in Hong Kong to help make Polkadot more decentralized. The Web3 Foundation has given them a grant to support this, making it the first grant of its kind in Asia.
PolkaPort East will use the grant to help Polkadot grow in Hong Kong and the Greater Bay Area. They'll work on spreading Polkadot's technology, making strategic investments, and teaming up with local groups.
Max Rebol, one of the founders, says this launch is important for Polkadot's decentralization and for making Polkadot stronger in Hong Kong.
Thibault Perréard, another founder, says they'll use the grant to connect with innovation hubs and build relationships with local governments and big companies in the area.
David Hawig from Web3 Foundation is excited about PolkaPort East and thinks it will help connect people in Hong Kong with Polkadot.
PolkaPort East will bring in people from all over Asia, like developers, investors, and people interested in blockchain technology. They'll also work with universities, fintech companies, and local governments to explore how blockchain can help them.
The Web3 Foundation started the Decentralized Futures initiative in 2023 to support projects like PolkaPort East. They want to help Polkadot grow and succeed by giving funding to different groups, whether they're for-profit or non-profit.