LBank Labs and Seoul Metropolitan Government to drive blockchain innovation at Seoul Web3 Festival

LBank Labs will hold the Seoul Web 3.0 Festival 2023 (SWF 2023) with the Seoul Metropolitan Government in late July. An official from the Seoul Metropolitan Government predicts that the event, which will involve a large number of blockchain and web3 industry figures, will be an opportunity for various WEB3 companies to gather to exchange and create synergy, contribute to the development of the blockchain industry, and discover new ideas. Seoul Mayor Oh Se-hoon and Digital Chief also announced that they will attend the Seoul Web3 Festival to support the potential of the Web3 industry.

Hosted by the Seoul Metropolitan Government, the Seoul Web 3 Festival 2023 will provide participants with various experiences and opportunities through a variety of events such as hackathon, startup demo day, networking party, NFT exhibition, and forum.

LBank Labs is a VC investment division of LBank, a global cryptocurrency exchange, and is a leading venture fund in the blockchain sector. It supports projects in various ways such as funding, incubation, and networking – and has achieved great results in both fostering and growing startups.

In addition to domestic companies Hexland and Finger Labs, global companies such as CryptoCom, Cronos Labs, LBank Labs, and HK Central Research are expected to participate as partners to confirm Seoul’s ICT innovation and role as a global city.

Lbank Labs recently participated as a joint partner of Seoul Meta Week held at the end of June, holding a summer boot camp for Web3 builders and students interested in blockchain around the world. LBank Labs is based in San Francisco and Dubai and continues working on a variety of activities and investment projects.

About LBank Labs

LBank Labs is the venture capital arm of the global exchange LBank, dedicated to fostering technological innovation and application development in the blockchain industry. Currently, LBank Labs manages $100 million in assets to support startups and Web3 funds. As of the second quarter of 2023, LBank Labs has invested in 12 Web3 funds and plans to continue expanding its investments in startups and funds to strengthen the cooperation and network effects among its investment portfolio. LBank Labs firmly believes that through the power of technology, a more open, transparent, and fair world can be built.

Links

Event Link: https://seoulweb3festival.com/

LBank Labs: https://www.lbanklabs.com/

Medium: https://lbanklabs.medium.com/

Twitter: https://twitter.com/LBankLabs