Neo has unveiled the first eight participants in the Web3.0 Global Acceleration Program. The initiative is a collaboration with Web3Labs, a gateway for Web3 startups in Hong Kong, which seeks to support industry growth by funding innovative projects. Projects will each receive a starting fund of US $20,000, with the potential for up to $100,000 in follow-up investments.

Support Program

The program, launched in October 2023 with a $10 million fund, reflects Hong Kong’s commitment to becoming a global hub for Web3 innovation. With Neo contributing $1 million, the program supports projects across various domains, including DeFi, AI, and gaming, aiming to accelerate their growth.

Selected Projects

The projects selected for the program include TrendX, an AI-driven trading platform; EVMs, a multi-chain inscription exchange; PlayEstates, which democratizes real estate investment through tokenization; and Blade of God X (BOG X), an action role-playing game. Other projects like N2FT, OwlSync, Zest, and CHIPCHIP represent significant advancements in NFT marketplaces, media aggregation, sustainable lifestyle, and gaming platforms, respectively.

Note🚨: this is not a financial advice, DYOR

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