Recently, IOST announced that it has officially joined the Hong Kong Cyberport Incubation Programme and will launch the "IOST BaaS (Blockchain as a Service) Soluion" this year. In addition, in order to deeply empower the multi-dimensional expansion and improvement of the Hong Kong ecosystem, IOST will actively implement strategic cooperation with local customers in Hong Kong; continue to recruit local and global distributor partners; and link up with global ecological partners to come to Hong Kong to sign a "cross-domain partnership and cooperation agreement."
About Cyberport Incubation Programme
As the digital technology flagship and entrepreneurship incubation base for Hong Kong's emerging Web 3.0 market, Cyberport, with the support of the government and the orderly promotion of favorable policies, has attracted more and more outstanding global Web 3.0 practitioners to settle in, and work together to continuously empower the integrated development of Hong Kong's digital economy.
Cyberport aims to become a digital technology hub. It is committed to creating a thriving innovation and technology ecosystem by nurturing technology talents, encouraging young people to start their own businesses and supporting start-ups. It also promotes the development of the technology industry by collaborating with local and international strategic partners, while accelerating the co-creation of the new digital economy and traditional markets.
[Cyberport Incubation Program] is a comprehensive entrepreneurial support including the Cyberport Smart Life Start-up Incubation Program to help entrepreneurs and start-ups accelerate business growth. In addition to comprehensive entrepreneurship support from Cyberport, incubated companies can also receive financial subsidies of up to HK$500,000 to support business development and rental subsidies of up to HK$200,000 during the 24-month incubation period. After joining the [Cyberport Incubation Programme], Cyberport will provide a one-stop entrepreneurial support platform to promote the development of digital technology entrepreneurs.
IOST’s Hong Kong Ecosystem
As a world-renowned public chain, IOST has always maintained diversified innovation and high-dimensional openness in the chain ecosystem. It is continuously linking with excellent strategic partners such as WEB3HUB and major communities around the world to accelerate the strategic planning and layout of Hong Kong's ecological infrastructure, cross-chain ecology, Internet of Things, AI, DeFi, NFT, GameFi, Web3, RWA and STO and other diversified fields.
On April 7, 2023, the IOST Hong Kong office was officially completed, and the Hong Kong market team was established. It also carried out strategic layout from four aspects, planned the Hong Kong ecosystem matrix, and promoted in a coordinated manner - promoting IOST's compliance process in Hong Kong; improving IOST's liquidity; promoting IOST's services and ecology in Hong Kong; and enhancing the international visibility and market influence of IOST IP.
In addition, IOST has also formally established a "Hong Kong Ecosystem Dedicated Team" to be fully responsible for ecosystem expansion and business advancement in Hong Kong (team members include experts from internationally renowned law firms and industry leaders in Hong Kong's local Web3.0 field). It aims to provide Hong Kong ecosystem partners with comprehensive, multi-level customized auxiliary services and "blockchain+" digital empowerment from funding, technology, token models to market promotion, community building, and trading platform docking.
Recently, IOST officially joined the Hong Kong Cyberport Incubation Programme, which is a milestone in the development of IOST Hong Kong ecosystem and a key step in the international strategic linkage layout of IOST Web3.0. In the future, IOST will further promote exchanges and cooperation with local governments, organizations, and enterprises in Hong Kong, and use Hong Kong as a starting point to jointly promote the expansion of diversified international markets and accelerate the construction and improvement of the digital ecosystem.
Conclusion
As a financial center in Asia and the world, Hong Kong's Web3.0 industry has achieved many remarkable results. IOST will deeply connect with Cyberport, based in Hong Kong, and work with global partners to exchange resources and complement each other's strengths. It will deeply cultivate key digital innovation tracks such as blockchain, AI, RWA, and XR, and provide core technical support and global ecological empowerment for the healthy and sustainable innovative development of Hong Kong's Web3.0. Together, we will create a low-threshold, refined, differentiated, and diversified Web3.0 series of products and services, and work together to build an international and innovative Web3.0 digital ecological integration circle in Hong Kong.
