A Glorious Conclusion to the Hong Kong Web3 Festival

The 2025 Hong Kong Web3 Festival wrapped up in a spectacular fashion at the Hong Kong Convention and Exhibition Centre from April 6th to 9th, drawing in over 50,000 attendees and featuring more than 300 industry leaders and 150 innovative projects. This annual event, co-hosted by Wanxiang Blockchain Labs and HashKey Group, has rapidly become one of the most significant gatherings in the Web3 arena.

InitVerse: A Standout Innovator

Among the multitude of projects, InitVerse emerged as a leading figure, showcasing its robust technical foundation and ambitious global strategy. Chief Business Officer Hakan Sezikli took the stage at several key panel discussions, enlightening developers and investors on how InitVerse is revolutionizing the Web3 landscape with a focus on privacy and automation.

Building Bridges Across Continents

Since its inception in 2023, the Hong Kong Web3 Festival has served as a vital link between blockchain ecosystems in Asia and Europe. This year’s theme, "Web3 Globalization: Technology, Compliance, and Innovation," attracted high-profile guests including Ethereum co-founder Vitalik Buterin and Binance's founder, CZ. The festival once again solidified Hong Kong's status as a pioneering force in Web3 with full government support.

Showcasing Revolutionary Technology

During the festival, InitVerse unveiled the powerful capabilities of its next-generation Web3 infrastructure, built on the INIChain blockchain. This comprehensive platform aims to provide complete lifecycle solutions for decentralized applications (DApps), from development to deployment and scaling. The groundbreaking technology has garnered significant attention from media outlets and top investment firms alike.

Breaking New Ground in Privacy and AI

In a riveting panel titled, “AI + DePIN: New Possibilities for All Things,” Hakan Sezikli highlighted the challenge of balancing data usage with privacy in cloud and AI ecosystems. He shared insights on how InitVerse's innovative TfhEVM technology combines Fully Homomorphic Encryption (TFHE) with Ethereum Virtual Machine (EVM), allowing developers to run AI models on encrypted data without ever exposing the original information—an essential breakthrough for sectors like healthcare and finance.

A Modular and Flexible Architecture

InitVerse follows a modular design, separating its base layer, privacy computing, and AI service components. This architecture ensures robust decentralization and security while allowing users to scale computing resources dynamically. Developers have the flexibility to access the necessary computing power to keep their DApps performing optimally even during high-traffic times.

Expanding Horizons: The Global Strategy of InitVerse

This Hong Kong event is just the third milestone in InitVerse's 2025 globalization strategy. With a unique technology stack, InitVerse has captured the attention of premier institutions like HashKey Capital. The platform plans to extend its global reach with several upcoming events: a community meetup in Jakarta on April 12, participation in the Eastern European Blockchain Forum in Moscow on April 23, and joining Token2049 in Dubai on April 30.

Community Growth and Demand for Privacy Technology

The success of InitVerse’s initiatives is reflected in its rapidly growing community, which welcomed over 2,000 new members during the festival. This growth underscores the growing demand for privacy technologies in the Web3 space.

The Future of Web3: Privacy, Performance, and Innovation

The Hong Kong Web3 Festival reaffirmed that the future of the space lies in embracing technological innovation while addressing real-world needs. With advanced encryption, a modular framework, and AI integration, InitVerse is equipping developers with essential tools for privacy and performance. As Hakan Sezikli aptly stated, "If the future of AI is private, encrypted, and decentralized—InitVerse is building it."