TechFlow reported on August 15 that according to the Hong Kong Economic Times, Leung Tak-ming, Senior Manager of Digital Entertainment at Cyberport, said Cyberport currently hosts over 170 Web 3.0 startups. The Hong Kong government previously allocated HK$50 million in the fiscal budget to accelerate Cyberport's promotion of Web 3.0 development. Cyberport will announce further details this week regarding the funding's utilization directions and specific plans.
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