January 25, 2024 - ABCDE Highlight, a prominent Web3.0 incubator and accelerator headquartered in Singapore, and Hailstone Labs, a premier Web3.0 venture studio based in Hong Kong, have officially formalized a Memorandum of Understanding (MOU) to establish a strategic partnership. With a shared vision of accelerating the transition from Web2.0 to Web3.0, this strategic partnership is committed to driving innovation and setting industry standards that promote a more inclusive and decentralized internet from Asia to beyond.

Leveraging Collective Expertise

ABCDE Highlight has been instrumental in incubating and co-founding significant infrastructure projects in the Web3.0 domain. Hailstone Labs is Asia's leading research-driven venture studio dedicated to nurturing impactful projects. The partnership aspires to foster a vibrant and interconnected Web3.0 ecosystem.

Bridging Web2.0 to Web3.0

While the complete disruptive potential of Web3.0 is yet to be fully harnessed, the partnership between ABCDE Highlight and Hailstone Labs is dedicated to bridging the transition from Web2.0 to Web3.0. Together, they provide access to a vast network of experts, equipping aspiring Web3.0 entrepreneurs to transform their visions into strategy. They offer invaluable resources for protocols within the Web3.0 landscape. Their collective commitment revolves around actively propelling innovation and growth in the foundational pillars of Web3.0, encompassing decentralized infrastructure, smart contracts, decentralized applications, cryptocurrencies, digital assets, and more.

This forward-thinking approach empowers the partnership to seamlessly adapt to the dynamic nature of the Web3.0 space, facilitating collaboration and knowledge sharing to usher in a more equitable, transparent, and user-centric digital era.

About ABCDE Highlight

ABCDE Highlight, an affiliate of ABCDE, is a Web3.0 incubator and startup accelerator which focuses on Asia-Pacific. Through our strong ecosystem of exchanges, media outlets, listed company, SaaS companies and developer platform, our main goal is to support innovative founders, projects and blockchains and accelerate their growth and development and overcome the challenges of scaling in the crypto space.

We are a strong team of crypto native advisors with more than 20 years of experience in building and exiting crypto projects. Our advisors include Du Jun, Cofounder of Huobi, ABCDE, New Huo (1611.HK) and Jinse Finance and Bman, Managing Partner of ABCDE.

About Hailstone Labs

Based in Hong Kong, Hailstone Labs is a global team of researchers, engineers, designers, operators, and crypto veterans #BUIDLing the next digital economy. Hailstone Labs' portfolio companies and advisory clients benefit from their long-term and hands-on approach, from concept to full-fledged ventures. Hailstone Labs actively invests in promising startups through its venture capital arm.

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