From Compliance Consensus to Industrial Implementation, Web3 Officially Enters a New Era of Large-Scale Applications
China, 12th Jan 2026 – On January 5, 2026, the “Global Web3 Ecosystem Innovation & Application Summit” was successfully held at Cyberport Hong Kong. On the day of the summit, Cyberport Hong Kong was bustling with crowds, creating a lively atmosphere. According to statistics, the on-site attendance exceeded a thousand people, attracting blockchain practitioners, investment institution representatives, exchange executives, technical developers, and media professionals from various countries and regions around the world, including China, Hong Kong, China, the United States, Vietnam, South Korea, Malaysia, Singapore, Thailand, Germany, and Dubai. Such a diverse international lineup fully demonstrates Hong Kong’s strong appeal as a global hub for Web3 innovation, as well as the summit’s extensive influence within the industry.
The event was co-hosted by CoinQ Exchange and U.S.-listed Mega Matrix Inc., with dozens of co-organizers including Atlas, UniOne, VITAKING, MSKE, NoviOne, FHCoin, ZPN, BOHR, and PrimoX. It received special support from over twenty top-tier industry institutions such as Moore Labs, Polaris, Hong Kong Blockchain Association (HKBA), BitMart, Gate, ABCDE Capital, 1inch Network, and HTX Venture. Core blockchain media outlets including ME, Planet Daily, Rhythm BlockBeats, Chain Catcher, PANews, and Foresight News provided in-depth coverage throughout the event, collectively witnessing this feast of intellectual exchange and resource networking.
From “Proof of Concept” to “Real World”: The Key Turning Point of Web3
The global digital economy is now entering a new phase of structural transformation. Blockchain and Web3 technologies are moving beyond their early ‘proof-of-concept’ stage, which was primarily driven by technical narratives, and are now addressing core issues such as compliance, efficiency, practical applications, and business sustainability.
Against this backdrop, the Global Web3 Ecosystem Innovation and Application Summit holds significant contemporary relevance. With its core theme ‘Ecosystem Innovation × Practical Applications’, the event clearly signals a key industry trend:
The next phase of Web3 competition will no longer focus on isolated technological breakthroughs, but rather on the contest of systemic industrial capabilities.
Important Speech and Speech, Outline the Clear Industrial Context
The opening address at the summit was delivered by Shi Yuhua, an investor at CoinQ exchange. His speech began with an analysis of the industry’s macro cycle, highlighting that Web3 is entering a new phase where compliance capabilities and ecosystem synergy are at the core.
Subsequently, Colin Butler, founder of Mega Matrix Inc. (NASDAQ: MPU), elaborated on the practical logic of how Web3 technology is progressively integrated into mainstream business and financial frameworks from the perspectives of listed companies and global capital markets. This further reinforced the developmental path of Web3 and traditional financial systems, emphasizing their ‘integration rather than opposition.’
Key industry representatives from Hong Kong also contributed practical institutional and industrial insights to the summit.
Thomas Cheung, former National People’s Congress deputy from Hong Kong and partner of Hong Kong Innocent Angel Fund, MH JP
Huo Yuhui, Vice President of the Hong Kong Blockchain Association, elaborated on Hong Kong’s distinctive advantages in the global Web3 landscape, covering policy environment, industrial ecosystem maturity, and international connectivity capabilities.
RWA and Compliance Finance: From Hot Topics to Practical Path
Among all topics, RWA (Real-World Assets on the Chain) was undoubtedly one of the most highly discussed areas at this summit.
Tony Tong, CEO of UAEC Dena Trust and founder of HKBA, delivered a presentation on ‘RWA Development Strategies in the Context of Global Compliance Trends,’ which was praised by multiple institutional representatives as ‘both forward-looking and actionable.’
The core argument is that RWA is not merely about digitizing assets, but a systemic endeavor involving legal frameworks, custody mechanisms, clearing systems, and cross-border compliance coordination.
This assessment closely aligns with the observations of multiple institutional investors at the conference, further confirming that RWA is transitioning from conceptual discussions to a stage of scalable implementation.
Roundtable Forum: How Hong Kong Empowers the New Global Web3 Order
The roundtable forum, moderated by Brian Lau—partner at Market Across and ambassador for Solana and Binance—featured insights from institutions including Mega Matrix, Gate, BitMart, and Solana. These discussions underscored the accelerating convergence of technology with traditional sectors like finance, entertainment, and mining, emerging as a pivotal hub for intellectual exchange at the summit. Participants widely acknowledged that Hong Kong is evolving into a unique nexus bridging regulation, capital, and technological innovation, positioning it to serve as a “institutional infrastructure” in the future global Web3 landscape.
Project Roadshow: Real Application Becomes Core Competitiveness
A series of Web3 projects showcased their real-world industrial applications. Innovations like BOHR, ZPN privacy public chain, MSKE inscription, NoviOne payment solution, VITAKING’s gold mining asset tokenization, and Unione’s StoreFi ecosystem took turns to demonstrate Web3’s commercial potential across diverse verticals. Keywords such as’ verifiable computing power, ” entertainment RWA, ‘and’ stablecoin payments’ drew significant on-site attention.
Meanwhile, the exhibition showcased projects spanning multiple Web3 sectors including cultural and entertainment industry RWA, privacy-focused public chains, inscription ecosystems, stablecoin payments, StoreFi, and DeFi infrastructure, clearly demonstrating the emergence of a multi-tiered and collaborative industrial ecosystem in Web3.
Web3 officially enters the era of application-driven from Hong Kong
In summary, this Global Web3 Ecosystem Innovation and Application Summit transcends being merely a showcase of technologies or projects—it has evolved into a platform for the industry to collectively articulate its shared vision.
As compliance becomes the prerequisite, application the core, and ecosystem the key, Web3 is rapidly entering a new phase with more tangible anchors and enduring value logic.
Leveraging its institutional strengths, global connectivity, and industrial foundation, Hong Kong is steadily establishing itself as a strategic pivot in the global Web3 landscape.
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