On the morning of November 28, the latest casualty data from the fire at Hong Fu Court in Tai Po, New Territories, Hong Kong, is heartbreaking: 94 people dead, 76 injured. Rescue efforts are still ongoing, and various sectors of society are continuously extending their help.

What surprised many this time is that the Web3 industry became one of the earliest and most organized groups to provide assistance.

🕊️ Web3 Quickly Assembles, Donation Scale on Par with Traditional Listed Companies

As of now, the publicly disclosed donation situation includes (the latest collected by the editor):

• Binance, HashKey, Avenir, Gate, OKX, HTX — each donating 10 million HKD
• OSL — donating 3 million HKD
• KuCoin — donating 2 million HKD
• Crypto individuals Sheldon, Jack, Young — jointly donating 1 million HKD
• Animoca Brands — establishing an on-chain donation pool to promote a transparent donation model in Web3

The scale of donations directly matches that of several large local listed companies, showcasing the social responsibility of Web3 companies at critical moments.



🔍 From a Collective Action, Seeing the Future Landscape of the Web3 Industry

The rapid response during this disaster conveyed several important signals:

1️⃣ Web3 is Participating in Public Events with "Industry-Level Power"

Major companies are no longer "islands of the crypto industry," but rather resemble regional financial technology institutions, participating in rescue efforts in an open and transparent manner.

2️⃣ The Industry's Values are Gradually Solidifying

Against the backdrop of a still volatile market, Web3 companies are willing to continue donating and bear social costs, proving that the industry's business model is maturing, and a "community—enterprise—society" three-tier value system is beginning to take shape.

3️⃣ On-Chain Charity Will Become a Future Trend

Animoca has established an on-chain donation pool, allowing the public to re-recognize the social value of blockchain: traceable, auditable, and transparent.

This mechanism is likely to become a new standard for future disaster relief and charity transparency.

🌱 The Future of the Industry: Not Just a Technological Revolution, but a Reconstruction of Value Systems

The ultimate vision of Web3 has never been merely to transform financial structures.

What truly inspires hope is its demonstration in real events of:

• Efficiency (rapid response)
• Transparency (on-chain charity)
• Cohesion (collective action of enterprises)

In this disaster, we see not just the numbers of donations, but the stance of an industry willing to step up at a critical moment —
a Web3 industry beginning to form a sense of social responsibility and possessing long-term value. May the rescue continue to bring miracles, and may more forces join in support.

🔥 The Industry Continues to Develop, and Benefits Keep Coming!

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