Siam Commercial Bank (SCBX) group’s venture unit SCB 10X has announced the launch of SCB 10X DISTRICTX, a 10,000-square-foot web3 collaborative space in Bangkok, Thailand.
DISTRICTX will enable world-class community building and business co-working in blockchain and Web3.
The space is equipped with meeting rooms, a town hall, an operational war room, a podcast room and a dining space offering free refreshments.
The space consists of two main areas — Hacker House and Exponential Hub.
The Hacker House is an open-seating space where global innovators in blockchain and Web3 can engage.
The Hacker House will also house a six-month incubation programme in which SCB 10X will recruit developers and entrepreneurs to build Web3 startups and create potential unicorns.
The programme will offer end-to-end support from SCB 10X’s building team, product and design testing, mentoring from the brightest minds in the ecosystems, and external fundraising and scaling.
The Exponential Hub is a co-working space for SCB 10X’s partners, which include Fireblocks, Nansen, The Sandbox and RakkaR Digital.
DistrictX will also host “moonshot meetup,” a bi-monthly workshop to engage the community by sharing knowledge and building projects.
It will be the home of future events like the Hacker House Program and Hackathons.
Besides its role in investing and building, SCB 10X will educate and create awareness with the general public about Blockchain and Web3.
SCB 10X was established in 2020 with a “moonshot mission” to achieve growth through technology innovation and investment.
“Collaboration is key during this bear market, and we are excited to bring high potential startups, passionate entrepreneurs, prospective partners, and enthusiastic developers into Bangkok to strengthen the global communities of blockchain and Web3,” said Mukaya (Tai) Panich, CEO at SCB 10X.
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Photo credit: SCB 10X.
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