The BlockShow X BlockDown conference in Hong Kong, organized by Cointelegraph and EAK Digital, is set to host a one-of-a-kind Web3 event in collaboration with BlockDown Festival, powered by the public relations agency EAK Digital. Scheduled to take place from May 8-9, 2024, the BlockShow X BlockDown festival in Hong Kong will feature Startup Connect, a dedicated zone designed to facilitate networking and deal-making between startups and venture capital firms. Co-organized by Cointelegraph Accelerator and Coinseeker.co, Startup Connect aims to connect promising builders with active industry VCs and foster development within the Web3 and cryptocurrency ecosystems.
The event will span over five to seven days and include festival stages, galleries, gaming and music stages, as well as the multichain Web3 Hackathon and Startup Connect. The main objective of setting up the Startup Connect event as part of BlockShow X BlockDown is to expedite industry development by fostering networking and deal flows between a curated list of promising startups and several active VCs. The event will feature round-robin discussions, workshops, startup exhibitions, networking spots, and fireside chats with insights from over 50 selected VCs and a curated list of startups.
Confirmed VCs participating in the Startup Connect event include Cypher Capital, Draper Dragon, OKX Ventures, Polygon Ventures, Blockchain Founders Fund, L2IV, Magnus Capital, C2 Ventures, Plug and Play APAC, Figment Capital, AELF, and Standard Chartered Ventures. With venture capital interest returning to the market, blockchain startups are eager to capitalize on funding opportunities. Notable fundraises in the last quarter included EigenLayer and Maplestory Universe, which raised $100 million each.
To further facilitate networking, Startup Connect will feature workshops, speed dating sessions, and grants from crypto and Web3 infrastructure providers and ecosystems. Participating startups will have the chance to win grants and engage in productive collaboration through workshops conducted by infrastructure companies. The event will also include an investor-startup speed dating session aimed at connecting startups and investors in various verticals such as DeFi, GameFi, SocialFi, infrastructure, non-fungible tokens, and more.
The BlockShow X BlockDown Festival provides an ideal platform for startups and venture capitalists to interact and explore opportunities within the blockchain and cryptocurrency sectors. It serves as a crucial event for fostering connections and navigating the evolving Web3 and crypto landscapes.