Strategic Transformation of Listed Companies: Moving Towards the New Era of Web3

In the wave of digital transformation, an increasing number of listed companies are beginning to pay attention to and layout in the Web3 field. This article focuses on Boya Interactive's strategic transformation and explores its innovation and development in the Web3 track.

The Perfect Combination of Online Games and Web3

The chairman of Boya Interactive's board has been deeply involved in the online gaming industry for many years and has extensive research on blockchain and Web3 technologies. He believes that there is a natural intersection between gaming and Web3, particularly the similarity between game currency in board games and stablecoins, which provides significant potential for user growth in Web3.

Based on this concept, the company announced its entry into the cryptocurrency field in August 2023, investing over $200 million to purchase cryptocurrency assets, including 3,353 bitcoins. The chairman stated that bitcoin is the preferred choice with long-term value and anti-inflation potential.

Build Asia's Leading Web3 Enterprise

Boyaa Interactive has a clear strategic goal and aims to become a leading Web3 company in Asia. The company plans to learn from successful international cases and continuously increase its holdings of Bitcoin to maintain its competitive edge. In addition, the company will focus on the integration of gaming and Web3 technology, driving the development of the entire ecosystem through innovation.

In the face of market volatility, the company has demonstrated strategic resilience. The chairman firmly believes that cryptocurrencies will become mainstream assets in the future and emphasizes that Bitcoin has long-term anti-inflation potential. The company currently has no plans to sell Bitcoin and is considering continuing to increase its holdings through various channels.

Innovation in Web3 Games and Infrastructure

The Web3 strategy of Boya Interactive has achieved significant results, with the company's stock price rising sharply, reflecting the market's recognition of its strategy. In terms of business innovation, the company is actively exploring Web3 game development, emphasizing the differences in profit distribution compared to traditional games.

The MTT ESports project invested by the company is a success story, attracting tens of thousands of users worldwide in a short period. In addition, the company has also invested in Web3 infrastructure, such as public chains, wallets, and DeFi platforms, to build a complete ecosystem.

The Advantages of Web3 in Hong Kong and Future Outlook

The transformation of Boya Interactive benefits from Hong Kong's unique advantages as a global Web3 hub. The chairman believes that Hong Kong demonstrates unique competitiveness in regulatory innovation and ecosystem building, reshaping the competitive landscape of Web3.

Looking ahead, the company will promote development through three major strategies: continuously increasing Bitcoin reserves, maintaining steady growth in traditional gaming business, and increasing research and investment in Web3 gaming. The chairman believes that as the consensus on Bitcoin strengthens and its price continues to rise, the company's value will be recognized by more investors.