According to a report by Hong Kong Wen Wei Po, Hong Kong Cyberport and Draper Dragon, a Silicon Valley venture capital firm, have jointly established the "Hong Kong Cyberport Draper Dragon Web 3.0 Accelerator". This initiative aims to connect the relevant industrial developments between Silicon Valley and Hong Kong through multiple dimensions such as talent cultivation, project incubation, and investment, accelerating the practical application of Web 3.0 in Hong Kong. It is reported that Draper Dragon will select suitable projects from the startups that complete the accelerator program for investment.