At Alibaba Cloud Day Singapore on September 1st, imToken, ChainUp, and Alibaba Cloud made the announcement about the creation of the Web3.0 Innovation Alliance.

The agreement intends to unite ChainUp’s extensive experience in one-stop blockchain technology services, Alibaba Cloud’s advanced Web 3.0 solutions, and imToken’s blockchain talents and knowledge. By encouraging additional Web3.0 firms to join the alliance and incubating more Web3.0 technology developments, imToken, Alibaba Cloud, and ChainUp’s collaboration will expand the Web3.0 ecosystem and benefit the general public.

Statistics show that the present market value of the Web3.0 ecosystem is at $24 billion, and that value will quickly rise to $80-100 billion by 2030. As the market value increases, token is always the carrier of Web3.0; it is currently undergoing rapid evolution, exactly as the Token type and economic model are.

Over 10 million people have accessed the blockchain and benefited from the blockchain payment application since imToken’s founding in Singapore in 2016. Because the Tokenized world will soon be a reality, imToken has always been committed to “everyone equitable access to the Tokenized world” as a vital tool for Human-Building Interaction (HBI).

Source: Prnewswire