top of page
  • Writer's pictureHashKey Group

Web3 Global Startup Competition Hapathon Connects Startups with Web3 Community and Investors with Substantial Exposure Opportunities

Hong Kong, 11 May 2023 – Organised by HashKey Digital Asset Group Limited (“HashKey” or “HashKey Group"), Alibaba Cloud and PlatON, co-organised by Hong Kong Cyberport (“Cyberport”), the Web3 Global Startup Competition “Hapathon” has brought to a successful close. The competition has provided various platforms and opportunities for participating Web3 startups and projects to connect with the community and potential investors.


The competition took place from March to April in four major Asia cities - Singapore, Bangkok, Tokyo, and Hong Kong, and have attracted more than 1,000 founders and developers from over 200 outstanding startups and Web3 projects from all around the world. The total prize of the competition was over USD 200,000. 


Apart from the opportunity to present their projects and products to a judging panel consisting of potential investors, academic experts, professional developers and engineer, winner of each location are awarded an opportunity to showcase their project at the 2023 Hong Kong Web3 Festival - the flagship Web3 event in Asia attracted more than 50,000 visitors. 


Being the co-organiser of Hapathon, Cyberport has given tremendous support to this competition and the winners. The organisers and three winning teams from different locations have been invited by Cyberport to join a panel discussion moderated by Mr Hendrick Sin, Co-founder and the Vice Chairman of CMGE Technology Group Limited; Board Member of Cyberport, at the Digital Economy Summit, to explore how startup competitions such as Hapathon and the Hong Kong Government’s policies have helped Web3 startups to develop their business. 

Cyberport will provide the winning teams a fast track to the vetting presentation stage of Cyberport Creative Micro Fund (CCMF) or Cyberport Incubation Programme (CIP) (subject to further eligibility review).


Junfu Yang from ZK-Match, the Grand Champion of Hapathon, said, “Hapathon has offered us platforms to get access to potential investors and professionals from the industry that are difficult for us to get connected with. We are happy to have the chance to interact and learn from the judges of the competition, they have given us a lot of valuable suggestions and insights to improve our projects. We are also grateful to the support from the Hong Kong Government and Cyberport on the development of Web3 innovation.”


Asher Li, Web3 Project Director from Parallel HK, Champion of Hong Kong competition, said, “It was an awesome experience participating in Hapathon. We are happy that HashKey Group, Alibaba Cloud and PlatON are so dedicated to and have invested abundant resources to support Web3 startups. I hope Hapathon will continue to run in a greater scale to attract more startups and projects for them get decent exposure and connections from different aspects.” 


Britz Le From NiftyIN, Singapore's winning team, said, “As a smart aggregation platform focusing on GameFi and NFT, Hapathon provides us with the opportunities to reach our users. Everyone has given us a lot of valuable opinions that allow us to improve our products.” 


Michel Lee, Executive President of HashKey Group, said, “We are delighted to have seen a lot of quality and creative projects, including some of the hottest courses such as the application of ZK (Zero-Knowledge). HashKey Group has always been supportive of the development of Web3 innovation, we are thrilled to see the Hong Kong Government is also putting a lot of effort and resources to shape Hong Kong into a Web3 hub in Asia.”


Lilin Sun, Founder of PlatON, said: "PlatON has always been committed to the ecological construction of Web3. We are very happy that so many teams participated in the competition. Everyone contributed their ideas from various fields (NFT tool platform, ZK, middleware). We firmly believe that this hackathon is just the starting point. We will combine Hong Kong's policies and resources and continue to support Web3 innovation and development in Hong Kong."


Leo Liu, General Manager of Hong Kong SAR, Macau SAR and Philippines, Alibaba Cloud Intelligence, said, “Web3 in Hong Kong has shown huge potential and we are delighted to see exciting and innovative Web3 projects from the participating teams. Alibaba Cloud will continue providing robust, secure and high-performance technology platforms and intelligence tools for Web3 developers to build their own applications and working together with our partners to support the Web3 community in Hong Kong.”


Learn more about HAPathon

official website: / Github:


– END –


For enquiries about HAPathon, please contact:

Jason Li

Marketing and Client Strategy Manager

Trevor Cheng

Senior Marketing and Client Strategy Manager


About HashKey Group

HashKey Group is an end-to-end digital asset financial services group in Asia. The Group provides a complete ecosystem across the entire digital asset landscape, ranging from venture investment, to custody, to technologies and trading. HashKey’s senior team has deep investment, governance, and technology expertise gained at tier-one banks, regulators, and fintech ventures. By bringing together the most advanced blockchain research, developers and technologies, HashKey identifies potential opportunities and deliver end-to-end solutions that operate within regulatory frameworks with the highest compliance standards. The Group has operations in Hong Kong, Singapore and Japan, and extensive partnerships with FinTech and blockchain solutions providers, academic institutions, and associations. 



Notes and Disclaimer 

Views, information and opinions expressed in this material are those of the individuals involved and do not necessarily represent that of the HashKey Group (including any of its affiliates). While we make every effort to ensure that the information we are sharing is accurate, we welcome any comments, suggestions, or correction of errors. 

This material should not be considered as an offer or solicitation to sell, buy or subscribe to any financial instruments or product, securities or any derivative instrument, or any other rights pertaining thereto. We are not acting as a financial adviser, consultant or fiduciary to you with respect to any information provided in this material.  We do not express any opinion or recommendation whatsoever as to any strategies, products or any other information presented in the materials.

Any decision made by a party after accessing to this material shall be on the basis of its own research and not be influenced or based on any view expressed in this material or otherwise. This material does not address all risks. This material does not constitute investment advice or a recommendation and has been prepared without regard to individual financial circumstances, objectives or particular needs of you. You should seek their own financial, tax, legal, regulatory and other advice regarding the appropriateness or otherwise of investing in any investments and/or pursuing any investment strategies. The HashKey Group does not express any opinion as to the present or future value or price of any instruments referred to in this material. 

By accessing this material, you acknowledge that the HashKey Group makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this material. The information, opinions, and recommendations presented in this material are for general information only and any reliance on the information provided in this material is done at your own risk. This material should not be considered professional advice. Moreover, the HashKey Group makes no warranty that this material, or the medium that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

By accessing this material, you acknowledge that the entire contents and design of this material, are the property of the HashKey Group, or used by the HashKey Group with permission, and are protected under applicable copyright and trademark laws. Except as otherwise provided herein, users of this material may save and use information contained in this material only for personal or other non-commercial, educational purposes. No other use, including, without limitation, reproduction, retransmission or editing, of this material may be made without the prior written permission of the HashKey Group. 

Unless specifically stated otherwise, the HashKey Group does not endorse, approve, recommend, or certify any information, product, process, service, or organisation presented or mentioned in this material, and information from this material should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this material do not necessarily reflect the opinions, standards or policies of the HashKey Group. The HashKey Group assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this material or the compliance with applicable laws of such materials and/or links referenced herein. 

The HashKey Group expressly disclaims any and all liability or responsibility for any direct, indirect, incidental, special, consequential or other damages arising out of any individual’s use of, reference to, reliance on, or inability to use, this material or the information presented in this material.



bottom of page