Polkadot Boosts Ecosystem Decentralization with PolkaPort East Launch in Hong Kong

Hong Kong, June 5th, 2024, Chainwire
In a move to advance the decentralization of Polkadot, the Web3 Foundation has granted funding to PolkaPort East. The Decentralized Futures (DF) grant aims to support technical advancements, community growth, and ecosystem expansion within the Polkadot network.
PolkaPort East, an independent entity based in Hong Kong and focused on investor relations and growth initiatives for Polkadot, has become the first organization in Asia to receive the DF grant from the Web3 Foundation.
The grant will enable PolkaPort East to lead investor relations efforts and drive growth for Polkadot in the region. Additionally, the organization will work towards promoting Polkadot’s technology and attracting capital into the ecosystem as a key player in the Asian market.
Max Rebol, co-founder of PolkaPort East and CEO of Harbour Industrial Capital, emphasized the significance of the launch of PolkaPort East for Polkadot’s decentralization efforts. Thibault Perréard, another co-founder and strategy lead for Bifrost, a prominent Polkadot parachain, highlighted the opportunities the DF grant will bring in engaging with innovation hubs in Hong Kong and the Greater Bay Area.
Vincent Chan, the third co-founder of PolkaPort East and a former growth strategist at Parity Technologies, outlined the initiative’s plans to attract a diverse range of participants to the Polkadot ecosystem across Asia, including developers, investors, and blockchain enthusiasts.
David Hawig, Director of Ecosystem at the Web3 Foundation, expressed excitement about supporting PolkaPort East through the DF grant, emphasizing the Foundation’s dedication to promoting decentralized access and innovation within the Polkadot ecosystem.
Decentralized Futures, initiated by the Web3 Foundation in 2023, aims to empower independent teams and initiatives driving the success of Polkadot. The program provides funding for organizations focused on generating profit as well as non-profits seeking ongoing financing through Polkadot’s treasury system.
PolkaPort East, headquartered in Hong Kong, is committed to accelerating the adoption of the Polkadot ecosystem in Asia, particularly in Hong Kong and the Greater Bay Area. By collaborating with various stakeholders, the organization aims to facilitate the growth of web3 technology and onboard new users to Polkadot.
Contact:
Thibault Perréard
Director, PolkaPort East
[email protected]