Saudi Nuqtah NFT signs MOU with Saudi STC Group to tokenize photographs

 

KSA born Nuqtah NFT marketplace has signed an MOU (Memorandum of Understanding) with Saudi Telecom group (STC) to tokenize photographs from stc’s Sarha project and mint them in the form of non-fungible assets exclusively on the Nuqtah NFT marketplace.

As per the blog, STC is committed to delivering the best customers experience through its advanced technology and innovative solutions.

Sarha, the world's first content-generating camel, is set to take its viewers on a journey of discovery. The camel travelled around Saudi Arabia in tandem with the most skilled photographers, capturing stunning images and videos that will be shared with the world.

Sarha's journey will take its viewers further than ever before with the broadest network and widest coverage. This unique project provided by stc  has be used to create amazing experiences for people all over the world.

As such Nuqtah and stc have come together to create a unique collaboration that will bring the world of photography and blockchain technology together. Through this collaboration, Nuqtah will be creating Non-Fungible Tokens (NFTs) from photographs taken by stc.

This Memorandum of Understanding was signed on the main stage at the Leap 2023 Tech Forum in the capital, Riyadh, KSA. 

Salwa Radwi, Founder of Nuqtah NFT on LinkedIn stated, “At Nuqtah, we are proud to be the first blockchain and Web3 Company in Saudi Arabia to gain this amount of trust and approval from public and private bodies on a national and international scale.”