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Animoca Brands and NEOM join forces to advance Web3 initiatives, aligning with Saudi Vision 2030. A strategic partnership heralding a new digital era.
https://blockchainreporter.net/animoca-brands-and-neom-company-seal-strategic-partnership-for-web3-expansion/
https://blockchainreporter.net/animoca-brands-and-neom-company-seal-strategic-partnership-for-web3-expansion/
Josh Kriger , co-founder of nftlalive and #edgeofnft , at Block Vision by Nordek , talking about an exclusive forum right after Token2049 in Saudi Arabia called Outer Edge | Riyadh.
This can't-miss event takes place on April 23rd at The Garage in Riyadh and explores the impact of Web3 and AI on various sectors like smart cities, gaming, and finance.
Here's what awaits you:
Deep dives into cutting-edge topics,
Networking with key players from Saudi Arabia, the Middle East, and beyond Inspiring talks by prominent figures including Prince Faisal, Yat Siu of animoca brands , and industry leaders from NEOM and KACST
Apply for your invitation today at www.outeredge.live/riyadh-application.
#OuterEdgeRiyadh #Riyadh #TOKEN2049 #token2049dubai #Token2049week #Animoca #NEOM #KASCT
This can't-miss event takes place on April 23rd at The Garage in Riyadh and explores the impact of Web3 and AI on various sectors like smart cities, gaming, and finance.
Here's what awaits you:
Deep dives into cutting-edge topics,
Networking with key players from Saudi Arabia, the Middle East, and beyond Inspiring talks by prominent figures including Prince Faisal, Yat Siu of animoca brands , and industry leaders from NEOM and KACST
Apply for your invitation today at www.outeredge.live/riyadh-application.
#OuterEdgeRiyadh #Riyadh #TOKEN2049 #token2049dubai #Token2049week #Animoca #NEOM #KASCT
Islamic Coin's co-founder, Mohammed AlKaff AlHashmi, highlighted the #MENA region's prominent role in the global crypto economy. MENA ranks sixth globally, recording $389.8 billion on-chain value between July 2022 and June 2023.
AlHashmi discussed:
Global Web3 Hubs: Dubai, Hong Kong, and NYC compete, urging MENA to focus on a responsible Web3 ecosystem through agile regulations and niche markets.
Saudi Arabia's Rise: Saudi Arabia's initiatives, like Vision 2030 and #NEOM , strengthen its influence in MENA's Web3 market. A $50 million NEOM-Animoca Brands partnership aims at a Web3 innovation hub.
Flourishing Blockchain Industry: Collaborations between traditional institutions and blockchain ventures, CBDC exploration, and fintech partnerships drive blockchain adoption.
Crypto Landscape: MENA's crypto scene, with diverse regulations, sees UAE and Bahrain leading with dedicated regulators, strict AML laws, and fintech partnerships. Dubai becomes a crypto giant hotspot.
Future Trends: Anticipated trends include Sharia-compliant products, short-term financing, and integrating digital assets into gaming. The convergence of decentralization with AI and social media will shape MENA's 2024 crypto market.
Overall, MENA's blockchain growth stems from proactive regulations, international investment, collaborations, and a tech-savvy population.
Since the #HAQQNetwork blockchain is the brainchild of the #UAE crypto industry and is supported by the royal family, we can safely say that the project will fight for leadership in the Muslim web3 space
#CryptoNews
$MANTA $SUI $STORJ
AlHashmi discussed:
Global Web3 Hubs: Dubai, Hong Kong, and NYC compete, urging MENA to focus on a responsible Web3 ecosystem through agile regulations and niche markets.
Saudi Arabia's Rise: Saudi Arabia's initiatives, like Vision 2030 and #NEOM , strengthen its influence in MENA's Web3 market. A $50 million NEOM-Animoca Brands partnership aims at a Web3 innovation hub.
Flourishing Blockchain Industry: Collaborations between traditional institutions and blockchain ventures, CBDC exploration, and fintech partnerships drive blockchain adoption.
Crypto Landscape: MENA's crypto scene, with diverse regulations, sees UAE and Bahrain leading with dedicated regulators, strict AML laws, and fintech partnerships. Dubai becomes a crypto giant hotspot.
Future Trends: Anticipated trends include Sharia-compliant products, short-term financing, and integrating digital assets into gaming. The convergence of decentralization with AI and social media will shape MENA's 2024 crypto market.
Overall, MENA's blockchain growth stems from proactive regulations, international investment, collaborations, and a tech-savvy population.
Since the #HAQQNetwork blockchain is the brainchild of the #UAE crypto industry and is supported by the royal family, we can safely say that the project will fight for leadership in the Muslim web3 space
#CryptoNews
$MANTA $SUI $STORJ
Grenton Partners with Chain4Energy to Bring Smart Home and Blockchain❗🤝
Grenton Partners with Chain4Energy to Bring Smart Home and Blockchain Technology to 3D-Printed Buildings at NEOM
Grenton, a leader in smart home systems, is collaborating with technology partner Chain4Energy to implement cutting-edge smart home, blockchain, and AI technology in 3D-printed buildings at NEOM, Saudi Arabia. This visionary initiative marks the integration of next-generation technologies into one of the world’s most ambitious construction projects.
The collaboration is part of the NEOM Innovation Hub, which stands as the heart of Saudi Arabia’s forward-thinking urban development. Grenton and Chain4Energy have already begun installing and configuring advanced systems in this prestigious hub, signaling the start of a significant phase in the project.
The primary goal of this partnership is to showcase an advanced smart home system and execute a Proof of Concept (PoC) for a platform that integrates monitoring and facility management. This platform will interconnect homes, neighborhoods, and cities, truly embodying the smart city vision at the core of NEOM.
Chain4Energy, a leader in blockchain and AI implementations, brings its expertise to the table, making this project a testament to the power of decentralized and AI-driven systems. Together with Grenton’s smart home technology and local distribution partners, the project aims to redefine how homes and urban environments operate, delivering greater efficiency, security, and sustainability.
As this collaboration progresses, Grenton and Chain4Energy look forward to sharing the results of their work, which promises to push the boundaries of what’s possible in smart city design.
Stay tuned for updates as this groundbreaking project continues to unfold.
Learn More About Project 👇
https://www.neom.com
https://c4e.io
#smarthome #blockchain #SaudiArabia #NEOM #C4E
Grenton, a leader in smart home systems, is collaborating with technology partner Chain4Energy to implement cutting-edge smart home, blockchain, and AI technology in 3D-printed buildings at NEOM, Saudi Arabia. This visionary initiative marks the integration of next-generation technologies into one of the world’s most ambitious construction projects.
The collaboration is part of the NEOM Innovation Hub, which stands as the heart of Saudi Arabia’s forward-thinking urban development. Grenton and Chain4Energy have already begun installing and configuring advanced systems in this prestigious hub, signaling the start of a significant phase in the project.
The primary goal of this partnership is to showcase an advanced smart home system and execute a Proof of Concept (PoC) for a platform that integrates monitoring and facility management. This platform will interconnect homes, neighborhoods, and cities, truly embodying the smart city vision at the core of NEOM.
Chain4Energy, a leader in blockchain and AI implementations, brings its expertise to the table, making this project a testament to the power of decentralized and AI-driven systems. Together with Grenton’s smart home technology and local distribution partners, the project aims to redefine how homes and urban environments operate, delivering greater efficiency, security, and sustainability.
As this collaboration progresses, Grenton and Chain4Energy look forward to sharing the results of their work, which promises to push the boundaries of what’s possible in smart city design.
Stay tuned for updates as this groundbreaking project continues to unfold.
Learn More About Project 👇
https://www.neom.com
https://c4e.io
#smarthome #blockchain #SaudiArabia #NEOM #C4E
#Blockchain gaming firm #AnimocaBrands has formed a strategic partnership with Saudi Arabia's NEOM Investment Fund. The agreement may involve a multimillion-dollar deal, with #NEOM potentially investing up to $50 million in Animoca Brands. Of this, $25 million will be used to issue convertible notes at a conversion cap price of A$4.50 (about $2.85) per share, and the remaining $25 million will be used to buy Animoca's shares on the secondary market. As part of this partnership, Animoca Brands will develop web3 solutions with global commercial applicability, aiding technology advancements in Riyadh and the NEOM region. They will also establish a web3 hub in NEOM, a futuristic city being built in Saudi Arabia. This move aligns with NEOM's vision to harness the power of blockchain and integrate it into the development of the city.
#ape
#ape
#AnimocaBrands Receives $50 Million Investment From NEOM , #SaudiArabia .
To support its ambitions as a forward-thinking innovation cluster, Animoca will develop Web3 service capabilities with worldwide commercial application in partnership with #NEOM .
Under the plan, Animoca will build Web3 service capabilities with global commercial applications alongside NEOM to support its aspirations as a futuristic tech hub.
A prominent name in the Web3 investment sector over a number of years, Animoca was valued at $6 billion in July 2022 with Singapore's state investment fund Temasek among its backers. The firm was targeting a raise of $2 billion for its #metaverse fund the following November, however expectations were tamped significantly after the collapse of FTX, and Animoca reduced the target to $800 million in March 2023.
Animoca is now attracting investment from state-backed funds once again in what may be a sign of a turning tide in the Web3 venture capital sector amidst broader indications of the crypto winter thawing. #vaibhavAli
To support its ambitions as a forward-thinking innovation cluster, Animoca will develop Web3 service capabilities with worldwide commercial application in partnership with #NEOM .
Under the plan, Animoca will build Web3 service capabilities with global commercial applications alongside NEOM to support its aspirations as a futuristic tech hub.
A prominent name in the Web3 investment sector over a number of years, Animoca was valued at $6 billion in July 2022 with Singapore's state investment fund Temasek among its backers. The firm was targeting a raise of $2 billion for its #metaverse fund the following November, however expectations were tamped significantly after the collapse of FTX, and Animoca reduced the target to $800 million in March 2023.
Animoca is now attracting investment from state-backed funds once again in what may be a sign of a turning tide in the Web3 venture capital sector amidst broader indications of the crypto winter thawing. #vaibhavAli