IOST, a blockchain technology application platform, announced that it has launched an entrepreneurial accelerator "223 Booster" in Hong Kong with BitValue Capital, a Canadian Web3 investment institution. The main goal is to promote the development of Web3-related technologies in Hong Kong and provide comprehensive support for Web3 projects. In the future, "223 Booster" will strengthen technical support capabilities, expand global cooperation, strengthen the financial support matrix, cultivate the ecosystem, and provide knowledge product popularity and market influence. Foresight News previously reported that on April 6, IOST received a $10 million investment from BitValue Capital and will launch a $5 million ecological incentive fund.