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Cyberport is an office park with residences and a shopping center in Hong Kong.
It opened in 2004 as a way for the region's fledgling internet companies to blossom.
Web3 move-to-earn company STEPN said this week that it's opening an office in Cyberport.
About 7,000 miles southwest of Silicon Valley, across the Pacific Ocean, lies Hong Kong's own version of a bustling tech metropolis.
Cyberport is an 18-year-old office and residential complex outside of Hong Kong that cost an initial $1.68 billion to construct, though much more was spent in the following years, according to a 1999 Wall Street Journal report.
Microsoft cofounder Bill Gates praised the project in 1999, applauding the project as an acknowledgment of the internet — then in the early stages — being an economic growth driver.
Take a look inside what Hong Kong hopes to be its Silicon Valley.
Welcome to Cyberport.Cyberport in 2007.
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The project was meant to be Hong Kong's version of Silicon Valley around the dot-com boom, per Reuters.A general view of the Cyberport construction site at Hong Kong's Telegraph Bay, November 28, 2001.
It launched in 2004.Cyberport was constructed in November 2001.
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Cyberport is run by Hong Kong Cyberport Management Company, a private entity whose shares are owned entirely by the local government.
The Hong Kong region has helped birth 18 unicorns to date, Hong Kong Cyberport Management's chief public mission officer Eric Chan told the South China Morning Post in June.
It also runs an incubation program that helps fledgling startups get off the ground.Cyberport office space in 2013.
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The initiative has funded over 600 tech startups since it began in 2005.
Cyberport focuses on housing companies that are geared toward fintech, smart living, digital entertainment, esports, cybersecurity, AI, big data, and blockchain.Cyberport in 2003.
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One of the newest arrivals to the business park will be STEPN, the move-to-earn Web3 giant player that allows users to earn crypto as they exercise in the real world.
Cofounder Jerry Huang told the South China Morning Post Monday that it won't force employees to relocate but it will allow some staffers to do so.
Microsoft, Hewlett-Packard, and other big names already have a foothold there.Portrait of Horace Chow Chok-kee, General Manager of Microsoft Hong Kong, at his offices in Cyberport in 2015.
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There are also fitness centers, like this one that Forbes CEO Steve Forbes tried out in 2006.Steve Forbes, President and CEO of Forbes, tries the facility in the fitness room during the opening of Club Bel-Air Peak Wing at Cyberport, Pokfulam. 08 May 2006.
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There's a hotel in Cyberport called Le Meridien.Cheryl Yue, Director of Sales & Marketing of Le Meridien Cyberport, in 2003.
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It appears to be operated by Marriott and boasts modern rooms and a pool with views.
It's been almost two decades since Cyberport opened.People watch a live broadcast of the Anzac Day 2015 commemoration from Gallipoli Turkey, on the podium level at Cyberport.
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With companies at the forefront of Web3 — one of the tech world's hottest areas — moving in, Cyberport may yet continue to bloom into the Silicon Valley it set out to be.
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