Animoca Brands and King Abdulaziz City for Science and Technology (KACST) have formed a Web3 partnership in Saudi Arabia, aiming to revolutionize the country’s digital landscape. The partnership aims to create a physical hub in Riyadh, a hub for startups interested in Web3 and blockchain technology. The collaboration is part of Saudi Vision 2030 and is supported by the NEOM Investment Fund, which has pledged $50 million to Animoca Brands. Animoca Brands, a company dedicated to pushing the boundaries of innovation in gaming and digital technology, has joined forces with the King Abdulaziz City for Science and Technology (KACST) to…
Author: Owais
Animoca Brands and Param Labs have partnered to drive innovation in the MENA region’s gaming industry. Param Labs offers products like Kiraverse and Pixel To Poly, which transform 2D NFTs into 3D game assets. The partnership will integrate Pixel To Poly into Animoca Brands’ projects, providing access to cutting-edge technology. Animoca Brands, a leader in digital property rights in gaming, and Param Labs, a prominent game and technology developer based in Abu Dhabi, have teamed up to drive innovation in the gaming industry across the MENA region. The goal of this collaboration is to leverage Animoca Brands’ expertise to strengthen…
QX Lab AI, a pioneering company in Artificial General Intelligence (AGI), is thrilled to announce the launch of Ask QX, a groundbreaking hybrid generative AI platform. This innovative tool is breaking barriers by allowing interaction in over 100 languages, making AI more accessible to people worldwide, especially those who aren’t native English speakers. Unlike other AI platforms that are primarily English-centric, Ask QX employs a unique node-based architecture and advanced algorithms, making it possible to communicate in languages like Arabic, Hindi, Urdu, Russian, and Tagalog. After extensive testing involving over 10 million users, the platform currently supports both text and…
Abu Dhabi Global Market (ADGM) has partnered with the Solana Foundation, a nonprofit organization focused on decentralization and security within the Solana network. The partnership aims to create an environment where blockchain technology can thrive, encouraging the adoption and advancement of DLT solutions. ADGM’s CEO, Muhammad Al Mazrouei, sees this collaboration as a major milestone, emphasizing regulation and compliance for sustainable development. Abu Dhabi Global Market (ADGM) has been making headlines lately, especially after welcoming IOTA as the first foundation under its Distributed Ledger Technology (DLT) regime. Now, they’re continuing their push for innovation by teaming up with the Solana…
Swiss company Hedera Hashgraph has launched the DeepTech Venture Studio in Riyadh, Saudi Arabia, with a $250 million investment over five years. The initiative aims to boost the technology sector and drive advancements across various industries. The partnership with the Saudi Ministry of Investment aims to strengthen the entrepreneurship ecosystem and create collaborative opportunities for economic growth and job creation. Hedera Hashgraph, a company based in Switzerland, has recently launched a major initiative in Riyadh, Saudi Arabia, called the DeepTech Venture Studio. This venture is a partnership with the Saudi Ministry of Investment and signals Saudi Arabia’s commitment to moving…
Ethereum Name Service (ENS) and GoDaddy have teamed up to merge traditional domain names with blockchain tech. This partnership aims to connect the Domain Name System (DNS) used by regular websites with blockchain technology. The goal is to allow users to link their domain names to ENS, giving them access to ENS’s blockchain infrastructure without extra costs or technical know-how. This move benefits over 20 million GoDaddy users, making features like crypto payments more accessible. ENS is a top naming protocol in the crypto world, letting users assign easy-to-remember names like “bob.eth” to complex Ethereum addresses, similar to how DNS…
DWF Labs, a well-known player in the cryptocurrency market known for its strategic investments, has just made an exciting announcement. They’ve decided to step into the world of Proof of Stake (PoS) by launching a node on the Conflux Network. https://twitter.com/DWFLabs/status/1754859561125552335 This move by DWF Labs underscores their confidence in the long-term potential of the Conflux project, particularly in terms of advancing innovations within the Bitcoin asset realm. By establishing a PoS Node, they’re not just showing support for Conflux but also contributing to the broader development of the Bitcoin ecosystem. In a statement from their official account, they expressed…
Apple is set to launch the Apple Vision Pro, a spatial computing platform that combines Augmented Reality and Web3 technology. The game, built on Unreal Engine, offers an immersive gaming experience with stunning visuals. The game’s utility token, the Victoria VR token, has gained positive attention from collectors. Apple is set to introduce its cutting-edge spatial computing platform, the Apple Vision Pro, which combines top-tier Augmented Reality features. Bridging the gap between Mark Zuckerberg’s metaverse vision and the world of cryptocurrency is the upcoming Victoria VR game. Victoria VR promises an immersive gaming experience with stunning visuals, leveraging the advanced…
The 13th Global Blockchain Congress, organized by Agora Group, is set to take place in Dubai on April 25 and 26, 2024, following the success of its previous 12 editions in the city and international editions in Vietnam and the UK. Having learned from the experiences of hosting these events, Agora Group aims to provide maximum return on investment for sponsors participating in the Global Blockchain Congress. The previous editions witnessed remarkable success, attracting over 1,350 investors and 320 blockchain startups, resulting in the raising of substantial funds for the projects involved. Congress Topics 1. The UAE as an International…
Arbitrum One and Chainlink have officially launched the mainnet beta release of Chainlink Functions, a move that significantly advances the convergence of decentralized computing and Ethereum layer 2 scaling solutions. This collaboration empowers Web3 developers by providing global API accessibility through the integration of Chainlink Functions on the Arbitrum One mainnet. Chainlink Functions, described as a revolutionary serverless, self-serve developer platform, offers developers the ability to seamlessly connect their smart contracts to any API while facilitating trust-minimized computations. Serving as a decentralized compute runtime, this platform allows developers to test, simulate, and execute custom off-chain logic for Web3 applications. It…