Cryptocurrency 7 minutes ago (Dec 23, 2022 11:00AM ET)

G-Rocket Hopes to Lure 1000 Web3 Firms to Hong Kong over 3 Years G-Rocket Hopes to Lure 1000 Web3 Firms to Hong Kong over 3 Years

  • Honk Kong aims to draw 1000 Web3 startups to the city-state with G-Rocket.
  • G-Rocket co-founder, Kit-Chong’s political influence will aid in this initiative.
  • This is part of the Hong Kong government’s plans to become a crypto giant.

Jonny Ng Kit-Chong is a constituent of Hong Kong’s Legislative Council and co-founded a startup accelerator that seeks to attract 1000 Web3-based firms to the city within the next three years. In the wake of the pandemic, he said,

We aim to help attract strong firms and people back to Hong Kong.

One of these firms is the startup accelerator, G-Rocket, which he co-founded with Casper Wong in 2016. Wong currently serves as the company’s CEO. He recently gave an interview with the South China Morning Post concerning G-Rocket’s new initiative, “Hong Kong Web 3.0 Hub.”

Wong said that G-Rocket’s initial aim is to help 100 Web3 startups by growing their operations. The long-term plan is to increase this number to 1000 over the next three years.

Wong explicitly stated that the firm …

The post G-Rocket Hopes to Lure 1000 Web3 Firms to Hong Kong over 3 Years appeared first on Coin Edition.

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