On August 9, the 'Global First New Cultural Tourism Industry RWA Base Launch Ceremony' co-hosted by the Greater Bay Area RWA Incubator, Pashen Digital Technology, Hongyou (Hangzhou) Management Partnership, Zhejiang Haoyuan Technology Company, Hangzhou Jiuyi Network Technology Co., Ltd., and HARMON VENTURES, with support from Shenzhen Hongrui Management Consulting Company, Hong Kong University of Science and Technology, Beijing Yingke (Shenzhen) Law Firm, Jintiancheng Law Firm, and other units, successfully concluded in Hangzhou. This conference focused on 'New Opportunities for RWA Finance and the Innovative Integration of Digital Cultural Tourism,' not only deeply analyzing the path of RWA technology empowering the cultural tourism industry but also heavily releasing the world's first new cultural tourism industry RWA base, marking the official entry of Chinese cultural tourism assets into a new stage of 'verifiable, tradable, and sustainable' ecological closed loop.

Industry leaders gather to explore new paths for the integration of RWA and digital cultural tourism.

The event gathered entrepreneurs and industry participants from various fields such as finance, hotels, folk culture, new energy, carbon credits, and low-altitude economy, witnessing this moment of innovation in the cultural tourism industry together.

At the beginning of the conference, Chenxi, the head of the new cultural tourism RWA incubator, served as the host, opening the event and introducing the guests present and the core agenda of the event. Subsequently, Diana, Executive Chairman of the Greater Bay Area RWA Incubator and founding partner of Hongming Capital, delivered a keynote speech titled 'How RWA Reshapes the New Business System of the Future', analyzing the potential application of RWA technology in the commercial field from dimensions such as policy interpretation, stablecoin development, and the current state of the domestic and international RWA industry, and shared the future layout of the Greater Bay Area RWA Incubator, outlining the opportunity blueprint of the RWA innovative financial era for the audience.

As the core part of the event, James, Co-Chairman of the Greater Bay Area RWA Incubator and Chairman of Zhejiang Haoyuan Technology Company, officially announced the landing of the world's first new cultural tourism industry RWA base in Hangzhou, and subsequently elaborated in detail on the ecological scale, operational model, and participation pathways of the base for the attendees. In terms of ecological scale, the base will be based in Hangzhou, radiating quality cultural tourism resources nationwide and even globally, covering not only traditional entities such as scenic spots, hotels, and folk villages but also emerging formats such as carbon credits, low-altitude tourism, and smart tourism equipment, forming a super ecological network that spans the entire chain of 'eating, staying, traveling, shopping, and entertainment,' integrating green economy and digital technology, aiming to gather assets worth tens of millions, hundreds of millions of users, and massive upstream and downstream partners, constructing a trillion-level market space; the operational model uses 'technology empowerment + ecological collaboration' as dual engines, relying on blockchain to achieve digital rights confirmation of cultural tourism assets, allowing various rights and interests to have the characteristics of being divisible and traceable, while building a collaborative platform to connect financial institutions, cultural tourism enterprises, user communities, etc., forming a closed loop of 'asset on-chain - value transfer - rights realization'; the participation pathways clarify entry methods for different entities, allowing asset parties to settle in through qualification submissions and digital transformation, financial and technology companies to participate in technical research and development, and ordinary participants to obtain rights through consumption or community co-construction, with a tiered mechanism set up to meet different needs.

James emphasized that the new cultural tourism RWA base will use RWA technology as the core link to open up the entire chain of 'cultural tourism asset confirmation - liquidity release - green capital injection': by confirming rights to give assets a 'digital ID', activating dormant cultural tourism resources through liquidity release, and promoting the low-carbon transformation of the cultural tourism industry by introducing green capital. He firmly believes that this path will help Chinese cultural tourism assets become a benchmark in the global RWA track, bringing unprecedented changes to the industry.

Full chain planning released, constructing a trillion-level ecological closed loop.

The new cultural tourism RWA incubator head Chenxi further disclosed the base's landing plan, which will be promoted in four phases;

The first phase is the basic construction period, focusing on completing the construction of a digital technology system for cultural tourism assets, achieving standardized confirmation of core assets;

The second phase enters the empowerment period, integrating technology and resources, and promoting the docking of the cultural tourism RWA token with mainstream compliance systems;

The third phase is the ecological construction period, completing the implementation of assets and the establishment of an incentive mechanism, forming a collaborative development model of 'industry + community';

Finally entering the prosperity period, achieving self-organization and large-scale operations, realizing decentralized cooperation and value sharing.

This clear path planning made the guests on-site deeply feel the trillion market potential of the new cultural tourism RWA track. Representatives from industries such as innovative finance, folk culture, hotels, exchanges, and education shared their views, unanimously believing that RWA technology will bring unprecedented innovation to the cultural tourism industry, and several companies on-site expressed their willingness to join the ecological co-construction.

International cooperation signing, injecting global resources into the ecosystem.

During the event, Nic Lim, Executive Chairman of the Greater Bay Area RWA International Incubation Base, traveled from the headquarters in Malaysia, affirming the potential of the new cultural tourism RWA industry from a global perspective, believing it is expected to become a new sustainable business system that connects multiple formats. On-site, the International Incubation Base and the new cultural tourism industry RWA base reached a deep cooperation agreement, planning to jointly establish an international new cultural tourism industry RWA business school to inject international educational resources and talent support into the ecosystem.

In addition, the Greater Bay Area RWA Incubator has also held strategic cooperation signing ceremonies with several units including Zhejiang Haoyuan Technology Co., Ltd., Hangzhou Jiuyi Network Technology Co., Ltd., and Jintiancheng Law Firm, providing multi-dimensional support for the new cultural tourism industry RWA base from technical, operational, legal, and other aspects.

Multiple forces work together to safeguard the upgrade of the new cultural tourism RWA ecosystem.

At the end of the event, Feng Huangjie, Operations Director of the Greater Bay Area RWA Incubator, Chief Architect Michael, and Co-Chairman Chen Biao (Partner at Jintiancheng Law Firm) each delivered speeches from the perspectives of operational management, technical architecture, and compliance framework. They stated that they would ensure the efficient advancement of the new cultural tourism RWA base under compliance through professional team configuration and resource integration, helping the cultural tourism industry achieve leapfrog development in digitization and financialization.

The world's first new cultural tourism industry RWA incubation base officially landed in Hangzhou.

The successful holding of this conference not only marks the official launch of the world's first new cultural tourism industry RWA base but also highlights China's leading position in the application of RWA technology and the innovative integration of the cultural tourism industry. In the future, as the ecosystem continues to improve, the new cultural tourism RWA track is expected to unleash trillion-level market energy, providing a 'Chinese solution' for the digital transformation of the global cultural tourism industry.