PRESS RELEASE. LBank Labs is delighted to announce its collaboration with the Seoul Metropolitan Government in hosting the highly anticipated Seoul Web3 Festival 2023 (SWF 2023) in late July. With the participation of prominent figures from the blockchain and Web3 industry, the event promises to be a momentous occasion for numerous Web3 companies to converge, fostering an environment of knowledge exchange, synergy creation, and the exploration of groundbreaking ideas. Notably, the esteemed presence of Seoul Mayor Oh Se-hoon and the Digital Chief further underscores their commitment to supporting the immense potential of the Web3 industry.

Under the auspices of the Seoul Metropolitan Government, the Seoul Web3 Festival 2023 will feature a diverse range of experiences and opportunities for its participants. The event lineup will encompass an exciting hackathon, a startup demo day, a networking party, an NFT exhibition, and an insightful forum, providing attendees with a holistic and enriching experience.

LBank Labs, a prominent venture capital investment division of the globally recognized cryptocurrency exchange LBank, stands at the forefront of the blockchain sector. The firm has garnered accolades for its significant contributions to the growth and development of startups through various means, including funding, incubation, and networking initiatives. The success achieved in nurturing emerging projects has further solidified LBank Labs’ reputation as a leading player in the blockchain ecosystem.

Among the esteemed partners set to participate in SWF 2023 are both domestic and international entities, including Hexland and Finger Labs from Korea, along with global heavyweights like CryptoCom, Cronos Labs, LBank Labs, and HK Central Research. This robust lineup of participants reaffirms Seoul’s status as an epicenter of ICT innovation and its position as a globally recognized city.

LBank Labs recently made a significant impact as a joint partner during Seoul Meta Week, where it conducted an enlightening summer boot camp tailored for Web3 builders and blockchain enthusiasts worldwide. Headquartered in San Francisco and Dubai, LBank Labs continues to diligently pursue a diverse range of activities and investment projects, enriching the blockchain landscape with its forward-thinking approach.

About Lbank Labs:

In its capacity as the venture capital arm of the esteemed global exchange LBank, LBank Labs remains unwaveringly dedicated to promoting technological innovation and fostering application development within the blockchain industry. Bolstered by an impressive $100 million in managed assets, the firm extends vital support to startups and Web3 funds alike. As of the second quarter of 2023, LBank Labs has already invested in 12 Web3 funds and aims to expand its investments in startups and funds further, aiming to strengthen the collaboration and network effects within its investment portfolio. LBank Labs firmly believes in the transformative power of technology, which can pave the way for a more open, transparent, and equitable world.

Links:

Event Link: https://seoulweb3festival.com/

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

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

Twitter: https://twitter.com/LBankLabs

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