Stephen Chow, the legendary Hong Kong filmmaker and comedy icon, is making waves in the digital frontier. After months of silence, he has reemerged on social media, announcing his foray into Web3 with a bold new vision: combining blockchain technology and artificial intelligence to reshape creative expression.
Chow revealed that he has found a team of like-minded Web3 collaborators and is actively working on a Web3 + AI project. His goal? To create an AI-powered digital version of himself—essentially a virtual successor capable of continuing his creative legacy in the digital realm.
This isn’t a spontaneous move. As early as October 2022, Chow publicly called for Web3 talent, seeking individuals who are not only technically proficient but also creative, ethical, and visionary. He emphasized that he would personally review applicants, underscoring his deep personal interest in building a future where entertainment, technology, and decentralization converge.
👉 Discover how top creators are leveraging blockchain and AI to redefine digital ownership.
The Web3 Vision: From Film to Decentralized Creativity
Chow’s transition into Web3 marks a symbolic moment in the convergence of traditional entertainment and next-generation technology. His production company, Bigo Group, holds the rights to iconic films such as Journey to the West: Conquering the Demons, Journey to the West: The Demons Strike Back, and The Mermaid. These IPs are now being explored for transformation into NFTs and AI-driven interactive experiences.
This evolution is already underway through Moonbox, a Hong Kong-based AI startup backed by OKX Ventures, which invested $1 million in the company in August 2023. Moonbox secured licensing rights to adapt Chow’s film IPs into AI-powered NFTs—digital collectibles enhanced with generative AI that can interact with owners, evolve over time, and unlock exclusive content.
Ignatius Yong, Senior Advisor at Moonbox, stated:
“We’re committed to fusing AI with Web3 ecosystems. Our mission is to make NFTs more dynamic, engaging, and valuable—especially in entertainment. This is where true innovation begins.”
The integration of AI-generated content with blockchain-based ownership opens new doors for fan engagement. Imagine owning an NFT of a Mermaid character that uses AI to respond to your messages, learns your preferences, or even generates personalized mini-stories. This isn’t science fiction—it’s the future Stephen Chow is helping to build.
Strategic Partnerships: OKX and HUOBI’s Successor Join Forces
Chow’s Web3 strategy isn’t limited to one partnership. He’s building a multi-pronged ecosystem through collaborations with key players in the blockchain space.
Collaboration with OKX: Fueling Innovation
Although OKX has not officially confirmed a direct partnership with Stephen Chow, evidence points to close involvement. Screenshots from Chow’s private online meetings show the OKX logo prominently displayed, suggesting active collaboration. An insider from OKX confirmed to media that they have indeed invested in a Web3 project licensed to use Chow’s film IP—further solidifying the connection.
OKX Ventures has a strong track record of supporting early-stage blockchain and AI projects across Asia. Their investment in Moonbox aligns perfectly with Chow’s vision of merging cinematic storytelling with decentralized technology.
👉 See how leading blockchain platforms are empowering creators worldwide.
Partnership with NewFire Tech: Building a Web3 Fund
In July 2025, NewFire Technology (formerly Huobi Tech) announced a strategic partnership with Bigo Group through its subsidiary, Gaosheng. The two companies formed a joint fund focused on Web3 innovation, signing a technical consulting agreement to explore blockchain applications in entertainment and digital assets.
NewFire holds regulatory licenses from the Hong Kong Securities and Futures Commission (SFC) for asset management and securities advice—critical credentials for operating legally in the virtual asset space. The company already manages several funds, including:
- A Bitcoin-tracking fund
- An Ethereum-tracking fund
- A multi-strategy digital asset fund
- A blockchain mining equity fund
This expertise makes NewFire an ideal partner for Bigo Group, which seeks to enter the virtual asset market but lacks in-house financial infrastructure.
An insider close to Chow noted:
“Stephen is genuinely fascinated by virtual assets. He sees long-term value in blockchain as a tool for creative empowerment—not just speculation.”
The collaboration is mutually beneficial: Bigo brings world-class IP and creative vision; NewFire contributes technical know-how, compliance frameworks, and investment experience.
Why This Matters: A Cultural Shift in Digital Ownership
Stephen Chow’s entry into Web3 is more than a celebrity trend—it’s a cultural milestone.
As Mingsi Wang, Vice President of the Shaanxi Blockchain Technology and Industry Development Research Association, observes:
“Chow’s involvement is symbolic. It signals that Web3 is maturing—offering real utility, fairness, and transparency. More artists will follow.”
His move reflects broader industry trends:
- AI is revolutionizing content creation: From scriptwriting to visual effects, tools like generative AI and large language models are accelerating production.
- NFTs are redefining fan engagement: Fans no longer just consume content—they can own it, interact with it, and participate in its evolution.
- Blockchain enables creator sovereignty: Artists can bypass traditional gatekeepers and monetize directly through tokenized assets.
Zhu Yuping, Chairman of the China Communications Industry Association’s Blockchain Committee, adds:
“AI technologies like VR, AR, XR, and ChatGPT are transforming filmmaking—from concept to post-production. Stephen Chow’s embrace of these tools will inspire others in entertainment to innovate.”
Frequently Asked Questions (FAQ)
Q: Is Stephen Chow launching his own cryptocurrency?
A: There is no public confirmation of a Chow-branded token. His current focus appears to be on NFTs and AI integration rather than creating a native cryptocurrency.
Q: Can fans buy NFTs based on Stephen Chow’s movies?
A: Not yet publicly available. However, Moonbox has secured rights to develop AI-powered NFTs from his films, with plans to launch by end of 2025.
Q: Is OKX officially partnering with Stephen Chow?
A: While not officially announced, multiple indicators—including meeting leaks and investment trails—suggest a close working relationship between OKX Ventures and Chow’s team.
Q: What is the goal of the Bigo-NewFire Web3 fund?
A: The fund aims to explore blockchain applications in entertainment, including IP tokenization, NFT platforms, and virtual asset investments.
Q: How is AI being used in this Web3 project?
A: AI will power interactive NFTs, generate personalized content, assist in creative development, and potentially create a digital avatar of Chow himself.
Q: Is this just a marketing stunt?
A: Given Chow’s hands-on recruitment and long-term IP licensing deals, this appears to be a serious strategic initiative rather than a short-term promotion.
👉 Learn how blockchain is transforming creative industries beyond entertainment.
The Road Ahead: A New Era of Digital Storytelling
Stephen Chow’s journey into Web3 represents more than personal reinvention—it reflects a paradigm shift in how stories are created, owned, and experienced.
By blending AI-driven creativity, blockchain-based ownership, and decentralized community engagement, he’s paving the way for a future where fans aren’t just audiences but co-creators.
While challenges remain—regulatory uncertainty, market volatility, and technological complexity—Chow’s influence could accelerate mainstream adoption of Web3 principles in Asia and beyond.
For creators everywhere, this moment signals a powerful truth:
The future of entertainment isn’t just streamed—it’s owned, evolved, and lived through technology.
Core Keywords: Stephen Chow, Web3, AI-powered NFTs, blockchain entertainment, OKX Ventures, virtual assets, IP tokenization, generative AI