Foresight News reported on the spot that the Demo Day special event at the first session of the "2023 Hong Kong Web3 Carnival" officially opened. Hao Yukun, Senior Director of Wanxiang Blockchain, announced the launch of the Web3 Incubator at the meeting. The incubator is jointly launched by Wanxiang Blockchain Lab and HashKey Capital. It is committed to providing high-value content, capital, market resources, technology development, community operations and other resource support for Web3 start-up projects, helping to create a two-wheel-driven Web3 ecosystem. Link Web2 and Web3 to promote the large-scale application of Web3. "Web3 Festival" (Web3 Festival) is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, and hosted by W3ME. This year's "Web3 Carnival" will last from April 12 to April 15, and will focus on the core issues of various Web3 tracks such as regulatory policies, Web3 infrastructure, and Metaverse.