Hong Kong Hosts 2021 Digital Entertainment Leadership Forum to Explore Innovations in Digitainment
The highly anticipated Digital Entertainment Leadership Forum has kicked off in Hong Kong, attracting global experts and industry leaders from around the world. This flagship event, organized by Cyberport, has been driving the development of digital entertainment in Hong Kong since 2014.
The Digital Entertainment Leadership Forum has gained prominence as a leading platform in the region, bringing together industry experts, entrepreneurs, and investors to exchange ideas and explore groundbreaking opportunities in digitainment. This year, the forum expects to welcome over 3,500 participants and host 90 speakers from more than 30 countries and regions, both physically and through virtual channels.
The forum serves as an ideal platform for participants to gain valuable insights into the latest developments and possibilities in digital entertainment. It also offers an opportunity for the public to experience firsthand the cutting-edge applications showcased during the event.
The popularity of the forum and related activities is a testament to Hong Kong’s emergence as a thriving hub for digitainment businesses. Cyberport, the leading digital tech community in Hong Kong, is a shining example of this growth. It has nurtured numerous successful startups, including a blockchain and Web3 gaming unicorn. This year, one of its startups has partnered with Marvel to launch an immersive fitness experience, while another has made significant strides in the Japanese market with a community-driven reality game loved by 70,000 fans within six months.
With the theme of this year’s forum centered around the transformative power of Web3 and other technologies like artificial intelligence (AI), there is a strong focus on how these innovations are breaking boundaries and empowering new digitainment models. Rapid technological advancements are reshaping the way we interact with information and entertainment, giving rise to decentralized metaverse platforms, novel digital ownership models, and play-to-earn mechanisms.
Recognizing the immense potential of Web3 and blockchain technology, the Hong Kong Special Administrative Region Government is committed to fostering a vibrant Web3 ecosystem. Last year, the government issued a policy statement on virtual assets to promote sustainable and responsible development in the sector. In a significant step towards achieving this vision, the government has allocated $50 million to Cyberport in this year’s Budget and established a task force dedicated to promoting Web3 ecosystem development.
Cyberport continues to play a pivotal role in advancing Web3 technologies. The launch of the Web3 Living Lab, a dedicated collaboration space for Hong Kong’s growing Web3 community, allows innovators to showcase their solutions and drive Hong Kong’s Web3 future.
Through collaborative efforts involving market players and regulators, Hong Kong aims to create a thriving Web3 future. The city welcomes individuals from all around the world to seize the abundant opportunities that lie ahead in the realm of digitainment.
