Avalanche Powers Metaverse Experience at Hong Kong FinTech Week

Avalanche

This November 2-3, Avalanche will provide blockchain and metaverse support at Hong Kong FinTech Week 2023 (HKFTW). The event’s host, InvestHK, a Hong Kong government department focused on foreign investment, is using Avalanche and Alibaba’s Cloudverse solution for this metaverse. It will drop attendees into a digital Hong Kong-centric world crafted by MUA DAO, letting them experience this premier Asia-Pacific tech event in novel ways.

Organized by InvestHK, FintechHK, and the Financial Services and the Treasury Bureau of the Government of the Hong Kong Special Administrative Region, HKFTW is one of the largest fintech events in Asia. The event expects over 30,000 attendees, 500+ industry thought leaders, 700+ fintech exhibitors, 500+ Global Fast Track Fintech Companies, and 250+ media outlets.

The new C-Chain-powered metaverse will reflect a blend of Hong Kong's culture and tech innovation, redefining fintech in the metaverse for InvestHK. Avalanche’s support for the Hong Kong FinTech Week 2023, along with the establishment of the 23HKFTW metaverse venue, underscores the continued expansion of Avalanche into the Asia-Pacific region.

Beginning November 2, HKFTW event attendees can traverse the HKFTW 2023 metaverse on mobile or desktop devices. A plethora of experiences await:

Dragon Boat Dash: Race through Victoria Harbour in a dragon boat, enjoying the picturesque Hong Kong scenery
Treasure Hunt - Spam & Egg Sandwich: Quest across the virtual landscape of Hong Kong, uncovering hidden sandwich treasures at iconic locales like Lion Rock.
The Forbidden City Broadcast Hall: Sync digitally with physically onsite speakers at HKFTW, blending the real and virtual worlds.
Skyline Ferris Wheel: Ride a romantic Ferris wheel while soaking in the digitized financial skyline.
Bun Scramble Showdown: Join a multiplayer competition inspired by a traditional Hong Kong folk sport, attempting to grab as many lucky buns as possible for good fortune.
Metaverse Fireworks Spectacular: Behold a breathtaking virtual fireworks display, igniting a spark of romance and wonder under the dazzling skies.
NPC Quiz Showdown: Engage in fintech discussions and quizzes with AI-NPCs, in collaboration with 15 leading fintech companies, testing your knowledge for a chance to win exciting prizes.

The HKFTW metaverse initiative may reach as many as 16.3 million users (the estimated cumulative reach of the event), and organizers have prepared for a projected 30,000 metaverse players. It will remain open once the two-day event has finished.

In the first half of 2023, Avalanche, in partnership with Alibaba Cloud and MUA DAO, unveiled Cloudverse — a one-stop, end-to-end solution empowering businesses to effortlessly customize, launch, and sustain their metaverse spaces.

InvestHK’s metaverse marks the first governmental use of Cloudverse.

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About Avalanche‍

Avalanche is a smart contracts platform built to scale infinitely and finalize transactions in under a second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable businesses to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for both Web3 devs and businesses.

About InvestHK

Invest Hong Kong (InvestHK) is the Hong Kong Special Administrative Region (HKSAR) Government Department responsible for Foreign Direct Investment. InvestHK’s vision is to strengthen Hong Kong’s status as the leading international business location in Asia. Our mission is to attract and retain foreign direct investment which is of strategic importance to the economic development of Hong Kong. In all our services, we apply the following core values: passion, integrity, professionalism, customer service, business friendliness, responsiveness, collaboration and innovation.

Website | Twitter | HKFTW 2023

About MUA DAO

MUA is a Metaverse Middleware Infrastructure that provides a one-stop solution empowering enterprises and businesses in creating, operating, and managing digital assets compatible and programmable for multiple Metaverse platforms through unified interfaces in “MUAverse”. MUA’s proprietary MUAverse includes an AI-powered interactive engine as well for multi-Metaverse platform that supports the quick upscaling and development of universal engineering conditions.

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