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DFINITY Foundation launches $20 mln Web3 incubator ICP Asia Alliance

source-logo  cryptonews.net 29 September 2023 14:34, UTC
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Anna Martynova

Hoping to catalyze the growth of Asian blockchain and artificial intelligence initiatives, the DFINITY Foundation has unveiled the $ICP Asia Alliance and a $20 million grant fund. This strategic launch highlights Asia's key role in the global Web3 ecosystem and $ICP's commitment to driving growth in the

The newly formed $ICP Asia Alliance intends to lead the dynamic Web3 and artificial intelligence ecosystem in Asia, with a particular focus on promoting the adoption of the Internet Computer blockchain. Overall, the alliance aims to bring together a wide range of stakeholders, including government organizations, technology entrepreneurs, investors, universities, developers and community members. In this way, it hopes to create a strong platform for collaboration, education and innovation.

In parallel with Asia's emergence as a global hub for Web3 and blockchain innovation, $ICP has strengthened its commitment to the region by opening several $ICP Hubs across Asia. These include Hong Kong, India, Malaysia, Philippines, South Korea, Indonesia and Singapore. These hubs will also play a critical role in developing a thriving $ICP community. At the same time, it aims to raise awareness and promote strategic partnerships and accelerated project development.

Image: TechCrunch