Crypto Sri Lanka

GROW Announces the Opening of Its Sri Lanka Office

(JCN Newswire) – Colombo, Sri Lanka, March 5, 2022 –

(JCN Newswire) – Colombo, Sri Lanka, March 4, 2022 – GROW, a blockchain and emerging technology incubator service, has announced the launch of its operational offices in Sri Lanka. The GROW office opening, held in One Galle Face Tower in Colombo, was attended by officials from all levels of government, including Sri Lanka’s Minister of Digital Technology and Enterprise Development, Namal Rajapaksa.

GROW is pleased to announce the opening of a new office in Sri Lanka.

Namal Rajapaksa represented the Sri Lankan government during the occasion and spoke about the wonderful achievement.

“We are honored and delighted to welcome you here as young entrepreneurs in the blockchain technology field, bringing Sri Lanka into the next era. Minister Rajapaksa added, “As a Government, myself, my secretaries here, the Central Bank, Deputy Governors, all of us are thrilled to be here today and to greet you all.”

GROW is dedicated to promoting new technology adoption and innovation.

GROW intends to capture creativity in the nascent Web3 area, create innovation for adolescents, develop Web3-based business models, and advance a national plan for Web3 education, with a focus on gaming, token economics, and the metaverse.

GROW takes use of Sri Lanka’s innovative approach to emerging technologies and marketplaces such as Web3, blockchain, and the metaverse. GROW acknowledges the South Asian market’s enormous potential and has established a presence in Colombo. GROW expects that by taking this step, other growing platforms in the new technology field would be inspired to take advantage of Sri Lanka’s exceptional approach to these new markets.

GROW is leading the way in introducing tolerant and progressive legislative norms and policies that will assist Web3 specialists in creating decentralized apps [DApps] and ecosystems that will provide an avalanche of new revenue prospects for Sri Lankans. Additionally, GROW is dedicated to raising public awareness of developing markets and emphasizing their indisputable economic benefits.

While addressing during the opening ceremony, Peter Carroll, CEO and Founder of GROW, reaffirmed GROW’s commitment to recognizing and expanding potential in the metaverse, blockchain, gaming, and Web3 businesses. Mr. Carroll believes that forward-thinking leadership might propel Sri Lanka to the forefront, serving as a conduit for the spread of these fascinating and novel technologies.

“New technology economies are fusing with pervasive technical infrastructure to establish the foundations of our economic future.” For today’s youngsters, how they are used and governed will determine their social mobility. “At GROW, we truly think these times are part of a change, from the early adoption phase of the blockchain-based sectors of Web 3.0 to the innovation phase of a technological breakout,” CEO Peter Carroll added.

GROW’s creator, describing Sri Lanka as a “sandbox,” asserted categorically that Colombo could be one of the world’s top centres for frontier technologies.

“Think about it: what motivates a business owner? Building! What could be more exciting than being here in Colombo and contributing to the development of the people, economy, and digital infrastructure of a $120 billion state-of-the-art Smart City?

The solution is clear for us: nothing! We want to work with Web 3.0 blue-chip firms like Animoca Brands and Polygon to help us develop opportunity, educate, and build traction because we believe Central and Southern Asia can drive true adoption.” According to Peter Carroll.

a brief description of GROW

GROW is a blockchain-based project incubation service for growing marketplaces like Web3 and the metaverse. GROW strives to make the real-world effect of blockchain technology easier to achieve. GROW provides a comprehensive collection of creative features and concepts, as well as advisory networks and connections for Web3 makers, to do this.

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GROW is a brand that is well-known in the media.

Email: a[email protected] Contact: Ash McDowell, Executive Assistant

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