The BeWater Web3 Innovation Challenge for Chinese Web3 Entrepreneurs starts now. Hosted by BeWater, the online Challenge is co-produced by ABCDE Capital, Alibaba Cloud, ScalingX, MetaTrust, Particle Network, Cointime, and SeeDAO. Its aim is to provide Chinese entrepreneurs who are passionate about Web3 technology with an opportunity to showcase their projects and present them to senior investors and industry experts while providing publicity exposure, mentorship guidance, and financial resources to help entrepreneurs succeed in the Web3 field.
The innovation challenge begins accepting applications on May 5th, and team building and project submissions will also be open. The competition's theme directions include Web3 security, ZK, DeFi, GameFi, NFT, and DAO Tool. The total prize pool is currently up to $30,000. The initial screening will begin on May 20th, and the online Demo Day will be held on May 25th. Participants will have the opportunity to communicate face-to-face with industry experts and investors, showcase their creative projects, and create more favorable conditions for future development.