The Hong Kong Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia's premier Web3 and crypto event. It fosters collaboration and explores the future of digital innovation. Held annually each April, the festival has drawn thousands of global attendees and featured notable speakers like Ethereum co-founder Vitalik Buterin and ARK Invest CEO Cathie Wood. ^[1]

2025

The Hong Kong Web3 Festival 2025, the third edition of this major Asian crypto event, is taking place April 6-9 at the Hong Kong Convention and Exhibition Center (HKCEC). Co-hosted by Wanxiang Blockchain Labs and HashKey Group, with W3ME as the organizer, this gathering brought together leading global minds in Web3 and crypto. Building on the success of past editions, which saw 250 exhibitors, 800 speakers, and 80,000 visitors, the 2025 event attracted tens of thousands worldwide to discuss the future of Web3 and showcase innovations in the field. ^[1][2]

Among the speakers was Yi He, co-founder of Binance. At the fireside session “Crossing the Chasm: How Web3 Moves from Geek Culture to Mass Resonance,” held on April 7, 2025, she described AI as a productivity revolution that drastically reduces labor input, while blockchain transforms production relationships, enabling transparent incentive structures between platforms and users.

“AI Native + Crypto Native could spark massive change,” she said. “But to truly promote social progress, a product must answer two fundamental questions: What problem are you solving? And who needs it?”

She concluded by pointing to Binance as an example of how incentive-aligned platforms can empower users and grow sustainably. But she also cautioned against building for hype alone.

“Without addressing real user pain points or building clear value mechanisms, tech is just noise,” she added. ^[6]

2024

The Hong Kong Web3 Festival 2024, held from April 6 to 9, brought together prominent voices in Web3 and digital asset regulation to explore the evolving landscape of blockchain and crypto. Co-hosted by Wanxiang Blockchain Labs and HashKey Group, the event featured industry leaders, project developers, venture capitalists, and regulators who discussed significant developments in Web3 and examined emerging regulation policies. ^[1][3]

Key speakers included Hong Kong’s Financial Secretary, Paul Chan, and legislative member Duncan Chiu, who shared insights into Hong Kong's digital asset regulatory landscape. Global industry leaders such as Cathie Wood, CEO of ARK Invest, and Dr. Xiao Feng, Chairman of Wanxiang Blockchain, also contributed their perspectives on Web3’s future potential and challenges. The festival facilitated discussions on fostering collaboration and innovation across sectors, providing a platform for regulatory representatives to interpret recent policy updates. ^[1][3]

Focused on openness and collaboration, the Hong Kong Web3 Festival provided a venue for co-organized sessions, allowing participants to engage in mutual development initiatives and gain insight into the latest trends and innovations within Web3. ^[1][3]

2023

The Hong Kong Web3 Festival 2023, held from April 12 to 15, was one of Hong Kong's largest crypto-centered events. It gathered over 300 industry leaders, investors, regulators, and scholars to discuss the latest Web3 technologies. Hosted at the Hong Kong Convention and Exhibition Centre, the event opened with remarks from prominent officials, including Paul Chan, Hong Kong's Financial Secretary, alongside industry figures such as Clara Chan of the HKMA, Dr. Xiao Feng of Wanxiang Blockchain, and OKX President Hong. ^[4][5]

The agenda featured sessions across multiple stages, covering various topics relevant to Web3. Day one highlighted virtual asset developments, including a keynote with Binance’s CEO, Changpeng Zhao. Concurrent sessions explored Web3 integration, digital finance, and the evolving landscape of decentralized social networks. In subsequent days, they delved into Web3 infrastructure, the metaverse, NFTs, and foundational discussions on Layer 2 networks, DeFi, digital wallets, and regenerative finance. ^[4][5]

April 14 and 15 focused on Bitcoin and Ethereum ecosystems, including tokenization, cross-chain tech, and Web3 security discussions, with industry leaders sharing insights on these evolving sectors. A new whitepaper, “Web3 New Economy and Tokenisation,” was released alongside demonstrations from dozens of Web3 and NFT startups. The event provided attendees—from professionals to enthusiasts—with a comprehensive look at emerging trends and innovations in the global Web3 landscape. ^[4][5]