Future FinTech updates progress on Beijing blockchain incubator
Future FinTech announced major updates regarding the "Chain World Cyberspace" of its wholly owned subsidiary Chain Future Digital FinTech Beijing, the company's newly established blockchain incubator/ accelerator for blockchain start-up companies. Located in central business district of Beijing, Chain World Cyberspace has recently completed its office renovation and setups. With a total size of 590 square meter, the working space is now ready for use by the incubators. So far, three projects have moved into the working space. Currently, Chain Future Digital FinTech Beijing has a team of over 30 people. The company anticipates that by the end of this year, Chain World Cyberspace will provide promotion services for 3 to 5 projects and that, by the end of 2020, revenue generated by Chain World Cyberspace could reach approximately $1.5M with a strong growth in the five years after that.