Press Release
Mdex adopts a new IMO mechanism to launch Demeter: empower MDX to be the cradle of quality assets
On September 13, Mdex launched the IMO for Demeter tokens and attracted over $350 million in participation.
At present, many projects on DApps are choosing to issue their initial tokens and establish liquidity in a decentralized way as it is more in line with the characteristics of the blockchain field. As a consequence, many blockchain entrepreneurs are looking for a launchpad that excels in issuing tokens and offering sufficient liquidity. This makes the competition for IDO functions enter a more refined stage: competitiveness and data playing the decisive factors.
Staking to earn new tokens: innovative IMO mechanism
IMO (Initial Mdex Offering) is an initial decentralized online exchange mechanism based on MDEX. The mechanism provides sufficient liquidity for projects while allowing users to participate more fairly.
By launching IMO under a new mechanism, MDEX not only finds more quality assets for users and but also empowers MDX. The first project under the innovative IMO mechanism is Demeter, a market protocol of decentralized cryptocurrency. DMT, the governance token of Demeter, is also issued through IMO with a liquidity pool created on Mdex.
The latest round of IMO on September 13 attracted 6,500 participants and raised a total of $350 million funds, on par with the achievements of Coinwind’s public offering in May. The highlight of this public offering is the rule of “staking to earn new tokens” in the new IMO mechanism, with a total of over 1 billion MDXs participating in it.
The new mechanism allows users to participate in IMO with either MDX or xMDX, the Boardroom lock-in voucher. This rule frees up the liquidity of the MDXes locked in the board and provides all MDX holders with a fair opportunity to participate in the IMO. Lock-in voucher xMDX can receive different shares of tokens in the IMO, based on their different durations. Shares of tokens increase with the duration of the lock-in, i.e., the longer the lock-in period, the more tokens to be received for participating in the IMO.
For MDX holders, what’s even more exciting is that they are able to gain new tokens just by staking MDX, without losing their MDX or lock-in voucher xMDX positions.
Under the new IMO mechanism, participants can convert their lock-in profits into the platform tokens, which makes MDX “a gold shovel” for users. By exchanging the profits from lock-in revenue with new tokens, the platform introduces the compound interest method of investment, so that users can gain new opportunities with zero loss in their accounts.
Millions of active users: Mdex being “the first choice to launch projects”
IDO is a primary market which has always generated impressive yields. With the support of Mdex, however, it is even more valuable for investors to focus on IMO.
On May 25, Mdex conducted its first IMO, during which the Coinwind project attracted $380 million in participation, ending with a surprising number of 257 times the expectation. Meanwhile, 8,874 addresses participated in the IMO, with an exchange surpassing the expectation by over 25,726% and a token price increase by 500%, making it one of the most attractive projects. Such a heat and achievement made it impossible to even believe that it occurred right after the market crash on May 19.
After the launch of Mdex, it has quickly captured a large number of users, gathered super high liquidity, and became the headline DEX as well as the ideal IDO platform. Completing token issuance on Mdex not only ensures a large amount of active users of the platform, but also is an excellent publicity for the project itself, in terms of the promotion of its product and the building of its community.
User-friendly and community-oriented: Mdex being the cradle for high-quality assets
For entrepreneurs, Mdex is “the first choice for project launch”; in the eyes of investors, Mdex has an additional property of “the origin of multiple tokens”. Because of this expectation, Mdex has made the best professional judgment in project selection.
As the first project launched under the new IMO mechanism, Demeter is a protocol of decentralized lending and stablecoins based on Heco. It is now expected to become the MakerDao on HECO.
Demeter has introduced over-collateralization for lending. The innovation lies in that user’s credit limit will be generated according to their asset factor, which is based on their assets collateralized. The amount that users can borrow and mint stablecoins is restricted by the credit limit, so as to ensure the safety of the user’s property and that of the whole system.
Unlike traditional decentralized lending protocols, Demeter has optimized the interest rate model and collateral coefficient of its DeFi lending protocol. Demeter assets are more diversified, with the introduction of richer crypto asset types such as LP assets, collateral assets, NFT-fi assets, etc. This optimization breaks the restrictions of decentralized lending on collateral. As credit ratings have been conducted with these assets, the lending model between currencies is highly matched, while the algorithm of interest rate adjustment is more reasonable under the premise of ensuring security.
With the more diverse and secure lending service, DUSD, Demeter’s stablecoins demonstrate the same feature. Since DUSD is generated through multi-asset collaterals, it is much less risky and more stable than tokens generated based on single-asset collaterals.
Demeter has demonstrate its farsightness and practicality in innovatively breaking the ceiling of DeFi lending collateral asset, resisting the price volatility of decentralized stablecoins, and liquidation.
The new IMO mechanism brings fair opportunities to all MDX holders. The recently released Hunter program, which provides a total of $10 million to support quality projects, will further lift the competitiveness and attractiveness of Mdex in terms of IMOs. This will help build a new business ecology that covers more application scenarios and is deployed on more chains, providing global users with more convenient, high-performance, low cost and undifferentiated financial services.
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Press Release
PlatON Announced as Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026

Hong Kong, 10th February 2026, The Hong Kong Web3 Festival 2026 just got another major sponsor on board. PlatON is coming in as a Secondary Exhibition Sponsor, and honestly, it’s a pretty good fit given what they’re trying to accomplish in the financial infrastructure space.
So what exactly is PlatON? It’s an open financial infrastructure platform that the LatticeX Foundation put together. The really cool part is this thing called TOPOS that sits on top of it – basically, it’s designed to help banks and payment companies actually make sense of blockchain technology and use it for real-world payments and clearing. We’ve all heard the talk about blockchain revolutionizing finance, but PlatON is actually trying to make that happen by building something traditional financial institutions can actually work with.
They’ve got the technical chops for it too – we’re talking high-frequency transaction processing, quick settlements, smart contracts that can handle multiple types of assets. This isn’t some experimental project; it’s built to handle serious stuff like cross-border payments, institutional settlements, and managing digital assets in a way that keeps regulators happy. If you want to dive deeper into what they’re doing, head over to https://platon.network.
Now, the festival itself has become a pretty big deal since it kicked off back in April 2023. Wanxiang Blockchain Labs and HashKey Group run it together, with W3ME handling the organization, and it’s turned into the go-to event for anyone serious about Web3 in Asia. It’s where people actually show up to talk about what’s working, what’s not, and where all of this is heading.
Mark your calendars for April 20-23 if you’re planning to go – it’ll be at the Hong Kong Convention and Exhibition Centre. The past three years have been pretty wild: 350+ exhibitors, over 1,200 speakers, 100,000 people coming through the doors, and more than 400 side events happening around the main conference. That’s a lot of activity packed into a few days.
This year they’re lining up around 300 speakers to cover pretty much every corner of Web3 and crypto. But here’s what’s really interesting – they’ve already got 500+ executives and decision-makers from traditional finance and regular businesses signed up. That’s not your typical crypto crowd. It means you’ve got old-school finance people genuinely trying to understand this space, sitting down with crypto natives, and actually having productive conversations. Those are the kinds of interactions that lead to real progress.
The fact that it’s in Hong Kong matters more than you might think. The city has always been this weird and wonderful mix of East and West, traditional finance and cutting-edge tech. It’s got one foot in Mainland China’s massive market and the other in the global financial system. That positioning means the festival can pull in people and ideas from everywhere, giving you access to perspectives and opportunities that just don’t exist at Western crypto conferences or purely Asian tech events.
Whether you’re already neck-deep in DeFi or you’re just trying to figure out what all the fuss is about, this has become the event that actually matters in the Asian crypto calendar.
Check out all the info at https://www.web3festival.org/hongkong2026/#/en.
Thinking about becoming a partner? Here’s where you start: https://tally.so/r/w5YEbP.
Press Release
TokenPocket Announced as Platinum Sponsor for Hong Kong Web3 Festival 2026

The Hong Kong Web3 Festival 2026 has announced TokenPocket as a Platinum Sponsor, further strengthening the event’s position as Asia’s premier gathering for blockchain innovation and decentralized technology. This strategic partnership brings together one of the industry’s leading multi-chain wallet providers with the region’s most influential crypto conference.
TokenPocket, a pioneering decentralized wallet platform, joins the festival as a key partner, bringing its expertise in blockchain infrastructure and stablecoin payment solutions to an event that has become essential for anyone serious about Web3’s future in Asia and beyond. The collaboration underscores the accelerating momentum behind Web3 adoption and reinforces Hong Kong’s strategic importance as a global hub for digital asset innovation and regulatory clarity.
About TokenPocket
TokenPocket stands as one of the cryptocurrency industry’s leading decentralized wallets, purpose-built for seamless multi-chain integration and efficient stablecoin transactions. The platform offers comprehensive accessibility through mobile applications, browser extensions, and the KeyPal hardware wallet, ensuring users can manage digital assets securely across multiple devices and environments with consistent functionality.
The wallet delivers enterprise-grade security protections combined with innovative features specifically designed to enhance user experience and reduce common pain points in digital asset management. Among its most notable capabilities is zero-gas-fee transfer functionality across multiple blockchain networks, significantly reducing transaction costs and eliminating friction that has traditionally hindered widespread crypto adoption. This powerful combination of robust security architecture and user-centric features positions TokenPocket as a truly decentralized, multichain wallet solution suitable for both cryptocurrency newcomers and experienced traders seeking advanced functionality.
TokenPocket’s participation as a Platinum Sponsor demonstrates the company’s commitment to supporting ecosystem development and fostering connections between infrastructure providers, developers, and institutional players across the Web3 landscape.
For more information about TokenPocket, visit https://tp.xyz/
About Hong Kong Web3 Festival 2026
The Hong Kong Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, has firmly established itself as Asia’s premiere cryptocurrency and blockchain gathering since its launch in April 2023. The annual event serves as a critical convergence point for the world’s leading innovators, thought leaders, policymakers, and decision-makers in the Web3 and crypto ecosystems to explore emerging trends, regulatory developments, and technological breakthroughs shaping the industry’s future.
The 2026 edition will take place from April 20 to 23 at the Hong Kong Convention and Exhibition Centre, continuing the festival’s tradition of bringing together the brightest minds in decentralized technology. Previous editions have demonstrated remarkable scale and influence, collectively attracting over 350 exhibitors, more than 1,200 speakers, and a cumulative audience exceeding 100,000 visitors from around the world. The festivals have also catalyzed over 400 diverse side events, creating unparalleled networking and collaboration opportunities across the entire Web3 landscape.
This year’s festival is projected to feature up to 300 speakers representing every facet of Web3 and cryptocurrency, from blockchain infrastructure and DeFi protocols to NFTs, metaverse applications, gaming, and enterprise adoption strategies. Significantly, the event has already attracted registrations from over 500 executives and corporate decision-makers from traditional finance sectors and real economy industries, establishing the conference as a high-level platform for substantive dialogue, knowledge transfer, and strategic partnerships between Web3 innovators and traditional business leaders.
Hong Kong Web3 Festival leverages the city’s distinctive advantages as a global financial center and innovation powerhouse. This strategic positioning enables the event to bridge Mainland China’s vast market potential with worldwide Web3 developments, creating unique opportunities for cross-border knowledge exchange and business development. By bringing together premier resources, talent, and capital from across the globe, the festival provides attendees with exclusive access to cutting-edge Web3 updates, market insights, and networking opportunities unavailable elsewhere in the Asia-Pacific region.
For comprehensive event details, visit: https://www.web3festival.org/hongkong2026/#/en
Organizations interested in partnership opportunities can apply at: https://tally.so/r/w5YEbP
Press Release
Sui Foundation Announced as Exclusive Dinner Sponsor for Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is pleased to announce Sui Foundation as an Exclusive Dinner Sponsor, marking a significant partnership that underscores the growing collaboration between leading blockchain innovators and Asia’s premier crypto gathering.
Sui Foundation is an independent organization dedicated to growing and cultivating long-term value in the SUI ecosystem. The foundation supports developers, creators, and enterprises building on Sui, a next-generation blockchain platform designed for scalability and user-friendly experiences. Through strategic initiatives, grants, and community programs, Sui Foundation plays a vital role in advancing Web3 innovation globally. Their sponsorship of this year’s exclusive dinner event will provide attendees with unique networking opportunities alongside industry leaders and blockchain pioneers. For more information, please visit: https://www.sui.io/
The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends, policies, and technological breakthroughs shaping the future of decentralized technologies.
This year’s Hong Kong Web3 Festival will take place from April 20 to 23 at the Hong Kong Convention and Exhibition Centre, spanning four days of intensive programming, exhibitions, and networking events. The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. These impressive numbers reflect the festival’s position as a must-attend event for anyone serious about the Web3 industry.
Web3 Festival 2026 will feature up to 300 speakers representing all aspects of Web3 and crypto on its stages, including blockchain developers, cryptocurrency innovators, DeFi pioneers, NFT creators, metaverse architects, and institutional investors. The event has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies, demonstrating the increasing mainstream adoption of blockchain technology. This diverse attendance enables the conference to serve as a high-level platform for in-depth dialogues and high-value connections between emerging tech leaders and established financial institutions.
As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This strategic positioning is particularly significant as Hong Kong continues to establish itself as a leading Web3 hub with progressive regulatory frameworks and strong government support for digital asset innovation. The unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates, networking opportunities, and insights into emerging market trends that will shape the industry’s future.
The partnership with Sui Foundation further elevates the festival’s reputation as the meeting point for blockchain innovation and enterprise adoption in the Asia-Pacific region.
Get all the details here: https://www.web3festival.org/hongkong2026/#/en
Be our partner: https://tally.so/r/w5YEbP
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