A closed-door meeting in Hong Kong featured major blockchain figures discussing funding and technological advances. The event focused on practical steps in advancing Web3 and decentralized governance while supporting long-term projects.
Key Financial Support and Technological Innovations
CZ announced a planned donation of $10 million to support an open-source vaccine initiative led by Vitalik Buterin. This contribution is seen as a commitment to applying blockchain resources for global health solutions.
Long-Term Vision and Strategic Investment
YZi Labs expressed its support for teams concentrating on long-term value creation over short-term profit. The lab underscored the importance of investing in projects that provide lasting solutions, reflecting a cautious investment approach.
Support for Startup Growth and Ecosystem Development
BNB Chain organized the event during the Hong Kong Web3 Festival to foster the growth of emerging blockchain projects. A group of 16 early-stage teams was selected for the Most Valuable Builder Accelerator Program, allowing for productive discussions on essential blockchain infrastructure.
The event served as a demonstration of how financial support, practical technology applications, and strong investment strategies can contribute to meaningful advancements in the blockchain community.