In 2021, the Shenzhen Municipal Government Investment Fund, the Futian District Guidance Investment Fund, along with QF Venture Capital (one of China’s top 6 VC institutions) invested into New Web Group. The Shenzhen Municipal Government Investment Fund (worth over $15 billion USD) ranks first amongst all of China’s municipal funds. The Futian District Guidance Investment Fund ranks second amongst all of China’s district-level funds. QF Venture Capital, established in 2013, is a coveted VC firm in China and has early investments in successful companies such as GSX Techedu (a leading K-12 online tutoring service in China, NYSE:GSX), Pop Mart (a toy maker company, SEHK:09992), 8BTC.com (China’s most-reputable crypto and blockchain media outlet), Coin World (bishije.com, China’s top crypto-media APP), and Ren Ren Mine (one of the world’s top three Filecoin-mining company by storage capability).
New Web Group's founding members have decade-long experience running and maintaining large-scale bitcoin and other PoW mining facilities, traditional data centers, and even distributed storage operations following IPFS’ initial boom in 2017. Its core technical team brings together more than 30 developers and blockchain enthusiasts who have led cloud divisions in big tech companies such as Alibaba, Tecent, and Google.
Data and verification of New Web Group's IPFS/Filecoin mining operations are publicly available via various Filecoin block explorers. These block explorers act as sources for publicly auditable data that help ensure trust between New Web Mining and its partners and clients.
New Web Group's wealth of technical experience combined with its patents and strong backing from government-established funds help stabilize its mining output and lowers structural risks within its operations, leading to long-term rewards for its partners and clients.
Exceptional Maintenance & Customer Service
New Web Group looks after its partners and clients’ interest; its technical team provide 24/7 onsite security, surveillance, and maintenance at its mining and data hosting facilities. Its client services team provide 24/7 after-sale support, helping to resolve any questions or problems its partners and clients may encounter.