The upcoming BlockShow X BlockDown conference in Hong Kong, organized by Cointelegraph and EAK Digital, aims to bring together venture capital firms and startups in the Web3 and cryptocurrency industry. The conference will feature the Startup Connect zone, a dedicated area for networking and deals, co-organized by Cointelegraph Accelerator and Coinseeker.co.
Scheduled to take place from May 8-9, 2024, the BlockShow X BlockDown festival in Hong Kong will offer a unique and festival-like Web3 event in collaboration with BlockDown Festival, powered by EAK Digital. In addition to the main conference, the event will span five to seven days and include festival stages, galleries, gaming and music stages, a multichain Web3 Hackathon, and the Startup Connect zone.
The objective of Startup Connect is to facilitate networking and deal flows between select startups and active industry venture capitalists, as well as to connect builders with the Web3 and crypto ecosystems to expedite industry development. Co-organized by Cointelegraph Accelerator and Coinseeker.co, Startup Connect will feature round-robin discussions, workshops, startup exhibitions, networking spots, and fireside chats with insights from over 50 venture capitalists and a curated list of startups.
Confirmed venture capitalists participating in Startup Connect 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 crypto venture funding on the rise after a two-year lull, blockchain startups are eager to capitalize on venture capital activities in the industry. Notable fundraises in the last quarter include EigenLayer and Maplestory Universe, each raising $100 million. Startups are encouraged to take advantage of this opportune moment to enhance their fundraising efforts and connect with industry leaders, according to Richard Wang, partner at Draper Dragon Fund.
Startup Connect will also offer workshops tailored for collaboration and productive engagement, where participating startups have the chance to win grants from crypto and Web3 infrastructure providers and ecosystems. Additionally, the event will feature an investor-startup speed dating session to promptly connect startups and investors in various verticals, including DeFi, GameFi, SocialFi, infrastructure, nonfungible tokens, and more.
The BlockShow X BlockDown Festival presents an invaluable platform for startups and venture capitalists in the blockchain and cryptocurrency sectors to forge meaningful connections and explore opportunities in the ever-evolving Web3 and crypto landscapes.