According to Foresight News, blockchain platform aelf has set up a global center in Singapore to support the development of the Web3 developer ecosystem in the Asia-Pacific region and beyond. The company's initiatives include launching TMRWDAO, a platform to promote cross-industry sharing and collaboration, and the aelevate program, which provides $150,000 in funding and other support to Web2 game studios to help them transition to Web3. Additionally, aelf has introduced a $50 million venture capital fund called aelf Ventures.