Tiger Research Spotlights Korea's Rise as a Web3 Business Hub

IconCryptoNewsTerminal Staff23 Aug, 2024

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Tiger Research Spotlights Korea's Rise as a Web3 Business Hub

Korea is fast becoming a significant player in the global Web3 industry, according to a new report by Asia-based research and consulting firm Tiger Research. The report, entitled "The Korea Web3 Market Guide," highlights the country's growing appeal as a business hub for Web3 projects. One of the key factors driving Korea's emergence as a Web3 hub is the upcoming Korea Blockchain Week (KBW) event. This prestigious event will bring together over 300 leading industry figures from around the world, including Ethereum Co-founder Vitalik Buterin, Binance CEO Richard Teng, and Ripple CEO Brad Garlinghouse. KBW provides a unique opportunity for domestic industry players to connect with global experts and explore new business collaborations. Tiger Research's report provides a comprehensive overview of the Korean Web3 market, covering topics such as: - Domestic Real Asset (RWA) - Domestic Web3 Market Ecosystem - Partnerships with Domestic Research Companies - Domestic Audit Firms - Implementation of Domestic Virtual Asset User Protection Act and Custody Services - Domestic Validator (Verification Node) Business - Domestic NFT Market The report underscores the significant opportunities available for Web3 businesses in Korea, making it a highly attractive destination for investment and innovation.