Multichain and Web3hub Launch $10M Web3 Global Acceleration Program to Unite Crypto Ecosystems and Build a MultichainVerse

Multichain, a blockchain-based platform, has partnered with Web3hub, a platform initiated by G-Rocket Accelerator, to launch a three-month Web3.0 Global Acceleration Program aimed at accelerating cross-chain application projects and building a MultichainVerse (MV) where all crypto ecosystems are united.

With a total funding of $10 million, the Web3.0 Global Acceleration Program, of which Multichain raised an initial funding of $1 million, aims to provide competitive projects with financial incentives, technological empowerment, and global acceleration to enable them to reach their full potential and find it easier to establish a presence in Hong Kong.

This move is expected to lay the foundation for a new era of growth for the cross-chain applications and Web3.0 industry.

Multichain and Web3Hub, backed by the Institute of Web3.0 Hong Kong, have brought together key players from the Web3 industry, including mainstream blockchains, cloud service, and media. These partners will work together to benefit the program and lead to its success.

Some of the key players in the program include Avalanche, Conflux Network, Cronos, EOS Network, Fantom, Horizen, IRIS Hub, Kava, MultiversX, and WEMIX3.0. The cloud service collocation partners are Tencent Cloud and AWS.

Multichain offers one million financial support, technology empowerment, and Multichain ecosystem support with 88 chains integrated and 3500+ cross-chain bridges supported.

WEB3HUB, established by G-Rocket International Accelerator, supports overseas Web3 enterprises in landing in Hong Kong through on-the-ground services, investment acceleration, and technical cooperation. Over 300 WEB3 enterprises have consulted WEB3HUB for information or directly landed in Hong Kong.

This partnership and program are expected to bring significant growth to the cross-chain applications and Web3.0 industry, creating a more united and efficient ecosystem for all crypto ecosystems.

Application portal: https://web3hub.g-rocket.co/en/apply-now/

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• Source: https://alexablockchain.com/multichain-web3hub-launch-10m-web3-global-acceleration-program/