Multichain and Web3hub Launch Web3.0 Global Acceleration Program
Summary
Competitive projects will be provided with the necessary financial incentives, technology empowerment, and global acceleration to help them reach their full potential and find an easy way to locate in Hong Kong, laying the foundation for a new era of growth for the cross-chain applications and Web3.0 industry. Multichain, together with Web3Hub, backed by the Institute of Web3.0 Hong Kong, has brought together key players from the web3 industry in this program, including mainstream blockchains, cloud service, media, etc. Built with Cosmos-SDK, IRIS Hub (IRISnet) enables cross-chain interoperability through a unified service model, while providing a variety of modules to support DeFi applications. WEMIX3.0 is a high-performance EVM-compatible open-source protocol powered by SPoA consensus algorithm which is secured by 40 decentralized authority nodes operated by highly-qualified global partners as well as on-chain community DAO. WEB3HUB was established by G-Rocket International Accelerator, with the aim of responding to the policy statement from SAR Government on the development of virtual assets in Hong Kong.