The Good Tech Companies - Polkadot Enhances Decentralization in Ecosystem Growth With PolkaPort East Launch In Hong Kong

Episode Date: June 5, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/polkadot-enhances-decentralization-in-ecosystem-growth-with-polkaport-east-launch-in-hong-kong. The Decentralized Futures (DF) grant is designed to help further decentralize Polkadot while spearheading technical, community, and broader ecosystem adoption. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #polkadot, #chainwire, #press-release, #polkadot-announcement, #polkadot-blockchain, #crypto-grants, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. PolkaPort East is an independent entity leading investor relations and growth initiatives for Polkadot centered on Hong Kong and the Greater Bay Area. The Decentralized Futures (DF) grant is designed to help further decentralize Polkadat while spearheading technical, community, and broader ecosystem adoption. The DF grant from the Web3 Foundation is the first such award to be received by an organization working in Asia.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Polkadot Enhances Decentralization in Ecosystem Growth with Polkaport East Launch in Hong Kong by Chainwire. Hong Kong, Hong Kong, June 5, 2024, Chainwire, asterisk asterisk web3 foundation, the entity supporting the growth of the Polkadot ecosystem, has awarded a grant to Polka Port East. The Decentralized Futures, DF, grant is designed to help further decentralize Polkadot while spearheading technical, community, and broader ecosystem adoption. Polka Port East is an independent entity leading investor relations and growth initiatives for Polkadot centered on Hong Kong and the Greater Bay Area. The DF grant from the Web3 Foundation is the first such award to be received by an organization working in Asia. The grant will support Polka

Port East's goals of leading investor relations and growth for Polka Dot in the region. Its mandate also includes promoting Polka Dot and its technology, and acting as a key regional driver of capital into the ecosystem. Greater than Max Rebbel, co-founder of Polkaport East and CEO of Harbour Industrial Capital said, the launch of Polkaport East comes at a greater-than-crucial moment for Polkadot. It represents a critical step towards increasing greater-than-the-networks decentralisation while strengthening the ecosystem's strategic greater-than position in Hong Kong. Greater than Thibaut Perriade, also a co-founder who heads up strategy for Bifrost,

a greater-than-leading Polkadot parachain added. With the support of the DF grant, Polkaport Greater Than East will be tapping into the thriving innovation hubs of Hong Kong and the Greater Bay Area while engaging and fostering relationships with local greater-than governments, global enterprises and capital allocators of the region. Vincent Chan, the third co-founder of Polkaport East who formerly led growth initiatives at Parity Technologies, explained that following the receipt of the DF grant, the initiative will seek to attract participants to the Polkadot ecosystem across Asia. These include projects and developers looking to build on Polkadot, Polkadot native VCs, funds, and capital allocators, as well as general Web3 investors. It will also target Asian university blockchain collectives and associations,

fintechs seeking to enter Web3, and local government exploring the use of blockchain technology. Greater than speaking on behalf of the Web3 Foundation, David Howig, the director of Ecosystem, stated, The Web3 Foundation is thrilled to support the Pokeport East initiative through a decentralized futures grant. This project greater than exemplifies our commitment to fostering decentralized access and innovation greater than within the Polkadot ecosystem. We believe Pokeport East will play a pivotal greater-than role in enhancing connectivity and empowering the community in Hong Kong, greater than driving forward the vision of a truly decentralized internet. About decentralized futures the DF initiative developed by Web3 Foundation is designed to kickstart independent teams an

initiative that will drive Polkadot's success. It was established in 2023 following the restructuring of parity technologies which offloaded responsibilities for investor relations, growth and marketing to focus solely on technical development. Through the DF program, funding is available for Polkadot-focused organizations that aim to generate profit, as well as for non-profits that have a strategy to secure ongoing financing through Polkadot's on-chain treasury system. An initial $20 million plus 5M DOT tokens have been allocated to decentralized futures to expand the Polkadot ecosystem. About PolkaPort East based in Hong Kong, PolkaPort East is an organization tasked with spurring adoption of the Polkadot ecosystem in Asia with a focus on Hong Kong and the Greater Bay Area.

By working with different entities ranging from developers to investors, PolkaPort East will help to fuel adoption of Web3 technology and onboard new users to Polkadot. Contact D.I. Rector Thibault Perriert PolkaPort East Contact at polkaporteast.zi Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.