Over the years, UAE SEED Group has partnered with several or more blockchain and crypto entities as part of its business development activities for the region. Recently SEED Group has partnered with Canadian Blockchain Web 3.0 metaverse company TerraZero technologies, as well as with Farm to Plate , a blockchain-powered SaaS platform built to empower the food supply chain with end-to-end transparency and trust.   As part of the partnership with TerraZero, Seed Group will help bring its services to SMEs and businesses in the UAE and the Middle East and help them make inroads into the high-potential world of Metaverse. In reflecting upon the partnership, Hisham Al Gurg, CEO of Seed Group and the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, states, "The Metaverse will become an integral part of all businesses sooner than we realize. The launch of the Dubai Metaverse Strategy was a major step in the direction of turning Dubai into one of the world's top 10 Metaverse

    Canadian, Spirit Blockchain Capital, an entity operating in the Blockchain and Digital Asset sectors with the primary goal of creating value in a rapidly growing environment through recurring cash flows and capital appreciation and UAE based Masary Capital, consulting platform for blockchain and metaverse, sign MOU to partner to bring DeFi, Web3, and crypto asset management services in UAE.   Masary Capital will allow Spirit Blockchain to provide an optimal environment for global Blockchain enterprises and growth for Spirit’s shareholders. Under the strategic partnership agreement, Spirit will leverage its relationship with Masary Capital to grow its presence in the Middle East and it will use Masary Capital as the advisory provider with respect to any potential growth within the region. In addition, Spirit will support Masary Capital’s Dubai Blockchain and Metaverse Strategy by providing assistance for important Web3 infrastructure projects, including public blockchain, sc

  In less than a week apart Dubai’s DMCC has signed two major partnership agreements, the first with South Korean entities KBIPA and Seongnam City who are in the blockchain and metaverse industries, and secondly with nya Labs. Founded by a team of Stanford faculty and alumni, Enya Labs is a leading developer of decentralised infrastructure solutions, and is a core contributor to Boba Network. With regards to the first partnerships DMCC signed MoUs with the Korea Blockchain Industry Promotion Association (KBIPA) and Seongnam City during DMCC’s Made for Trade Live roadshows in South Korea. Both MoUs seek to advance the development and application of Web3 technologies globally, including through affording growth opportunities to South Korean Web3 companies by supporting them in setting up at the DMCC Crypto Centre, and its new Gaming Centre. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “DMCC is committed to supporting high-growth sectors such as the W

    Once again UAE’s DMCC, the free zone for commodities trading has partnered to offer Web3, Blockchain businesses with a $5 million growth platform. This is not the first partnership in this regards and it seems it won’t be the last. Millions of dollars are being poured in for crypto, blockchain and Web entities in DMCC.  Digital Wave Finance Labs, a multi stage web3 investment firm will work with DMCC will establish the DWF Ventures Studio, which will support nascent web3 and blockchain businesses using the DMCC Crypto Centre and Dubai as a hub from which they can scale their operations locally, regionally and globally. The partnership was announced during the “Sunset Meet and Greet” event organized by DWF Labs on 24 February 2023 in Dubai. The DWF Venture Studio will provide multiple benefits for early-stage startups based in DMCC, including consultancy services, increased connection to global venture capital, market making services on tier one and two exchanges, a range of

  The Government of Ras Al Khaimah (RAK) will be launching the RAK Digital Assets Oasis free zone dedicated to digital and virtual asset companies for non regulated entities. So the UAE now has two crypto Blockchain Oases, one in DMCC for regulated blockchain and crypto entities and one in RAK for non regulated. The new oasis will be launched in Q2 of 2023.  Sheikh Mohammed bin Humaid bin Abdullah Al Qasimi, Chairman of RAK ICC and Chairman of RAK Digital Assets Oasis said,   “We are proud to further the UAE's position as a primary destination for innovation with the launch of RAK Digital Assets Oasis. We are building the free zone of the future for the companies of the future. As the world's first free zone solely dedicated to digital and virtual asset companies, we look forward to supporting the ambitions of entrepreneurs from around the world with our progressive, supportive, and quick-to-adapt approach, and our innovation-enabling environment.” Making the announcement,

  WEMADE, the South Korean game developer shifting to blockchain NFTs, DeFi and metaverse has signed a Memorandum of Understanding (MOU) with KSA based Nine66, a Savvy Games Group ("Savvy") company, to drive the development of the gaming industry in Saudi Arabia. Savvy's long-term objective is to drive the long-term growth and development of the games and e-sports sectors in Saudi Arabia. The group consists of five independent entities covering areas such as game development, e-sports, investments and more. KSA based Nine66 is committed to building and investing in the thriving gaming ecosystem in Saudi Arabia. Nine66 is driving growth and success in the region's gaming industry through a range of initiatives and partnerships, such as publishing, incubator and accelerator programs, training and events, as well as supporting virtual and real-life game development communities. Saudi Arabia is a strong foothold in the Middle East's gaming market, with over 80% of its

Food Metaverse, OneRare, the world’s first food metaverse, known as Foodverse has launched in the UAE. The Foodverse is bringing the Global F&B Industry to Web3 for the first time ever - allowing them to create virtual experiences, food NFTs and games, & interact with foodies from across the world built using the blockchain. In UAE, partnerships with food brands such as Foodlink UAE, The Bhukkad Cafe, Cali Poke, Farzi Cafe, Papa John’s and more have been signed in only a few months. Created while in lockdown, Supreet Raju, co-founder and CEO of OneRare states, “I have long said that food has a language of its own and makes the world a happier place. It is what connects us and the metaverse only brings us closer together in a unique way in which we can share our culture and our food. Now with the launch of the foodverse, there is no reason why brands and consumers can’t come together in this safe, virtual setting.”  The Foodverse developed by OneRare will feature various zones w

In a recent survey entitled “MENA Investor Survey 2022-2023 for crypto Blockchain sector” carried out by laraontheblock with 83 MENA venture capitalists, fund managers, and family offices, 50% of those surveyed stated they will be allocating more funds to blockchain and crypto projects and entities in 2023. 19% of those surveyed stated in 2022 they had invested more than 50% of allocated capital and funds into crypto and Blockchain projects. The findings of the “MENA Investor Survey 2022-2023 for crypto Blockchain sector” sheds light on the different areas of interest for MENA investors which will give startups and entities a better view on whom and where capital will be heading by investors in the MENA region. This comes as cryptocurrency adoption has skyrocketed in the Middle East and North Africa (MENA) region. According to a survey by blockchain analytics platform Chainalysis, MENA countries have the fastest-growing cryptocurrency industry in the world, accounting for 9.2% o

  UAE based MEmob+, a  Blockchain data intelligence and mining platform has partnered with Artifact Labs, a premier provider of 360-degree support for brands and creators in the Metaverse, creating a metaverse fashion house, and digital art platform.  Together, the two companies will leverage the expertise of leading projects under the Artifact Labs umbrella, such as the Metaverse fashion house Ninzoou and the digital fine art platform Materia, delivering cutting-edge projects and services to brands and organizations in the MENA region.  MEmob+, along with Artifact labs, will be offering brands and companies strategic advisory for the Metaverse, utilizing Artifact’s NFT & Metaverse focused products in addition to MEmob+’s blockchain consulting for clients.  Artifact Lab's  advanced NFT platform has all the essential components; user-friendly processes without the need for external wallets, trading tools, royalties for content creators, integration with play-to-earn games, and f

  As Abu Dhabi strives to become a global gaming hub through the AD Gaming government led initiative it is accelerating the growth of the region’s gaming industry with its recent partnership with AA Meta a local Metaverse and Web3 Development Company. The company will deliver cutting-edge Web3 solutions to the emirate’s game development eco-system. Fostering an environment of innovation and knowledge, AD Gaming provides a support system for the next generation of game developers and players, businesses, and fans alike. AD Gaming is powered by the collaboration of multiple Abu Dhabi-based government and commercial organizations, as well as content creators and gamers, all with the shared passion to see locally produced content on the world’s gaming stage. AD Gaming has signed a partnership agreement with AA Meta which provides metaverse infrastructure and Web3 technology solutions that enable next-generation gaming. Alongside using this technology for its own projects, AA Meta pro

  In what seems to be a great start for Blockchain and Web3 ecosystem in the MENA region, the first $1 billion fund was announced by UAE based Venom Foundation and Iceberg Capital under Venom Ventures Fund. As per the press release , Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services. This is the first $1 billion fund for Web3 and Blockchain to originate from the MENA region. Prior to this UAE Cypher Capital had announced its allocation of $200 million for Blockchain, Web3 and Crypto at the end of 2022 and Shurooq Partners had allocated $150 million for the same. Venom Foundation is the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM). In October 2022, Venom Foundation added a regulated virtual asset exchange to its roster. The UAE based exchange formerly known as Yoshi Markets was re-names to Venomex. Venomex had received financial services permission from FSRA at ADGM allowing

  UAE Dubai Multi Commodities Center (DMCC) announced that it had added 3,049 new businesses in DMCC in 2022, and the crypto center is now home to 500 crypto and blockchain entities an increase of 231 percent compared to 2021 when there were 151 crypto blockchain entities by end of year. The growth increase is 23% year-on-year, breaking previous record set in 2021 when DMCC registered 2,485 new members. As per the press release, the record growth was driven by growing demand from blockchain and Web3 businesses for space at DMCC crypto center representing the largest concentration of crypto and blockchain companies in the region.  In 2021, UAE DMCC Free Zone and Government of Dubai had added 151 crypto and Blockchain entities out of the 2,485 companies who registered in 2021. With 500 entities now in DMCC crypto center, this is an increase of 231 percent YOY making DMCC have the biggest concentration of blockchain and crypto entities in the region. DMCC attributed the growth to the expa

  UAE based Creta, a Web3 entertainment company developing and publishing video games and a suite of solutions for Web3 gaming, with offices in Dubai, Armenia and Japan has unveiled the gameplay of the upcoming blockchain game Kingdom Under Fire: The Rise and showcases the progress achieved in building its ecosystem of Web3 products, comprised of a one-stop-shop gaming platform, the metaverse, and blockchain gaming community service Super Club. The announcement took place at Creta Summit 2022 in Tokyo, Japan, attended by video games and blockchain aficionados from Japan and overseas, heralding a significant step forward in bringing advancements in Web3 to the realm of video games.   Gameplay footage of the upcoming Kingdom Under Fire: The Rise set the engine of the Summit humming, unraveling the look and feel of the title with a sneak peek into the NFT avatars system, one of the numerous applications of the non-fungible tokens in the game. Ray Nakazato, Chief Creative Officer a

  UAE’s Emirates Health Services (EHS) has launched a Metaverse-based Virtual Telemedicine Solution using 3D virtual reality technology which utilizes technologies such as AI ( Artificial Intelligence), IoT (internet of Things) and Blockchain technology.  As per the press release, the launch is part of transformative projects which leverage advanced technology and promote smart services such as remote health solutions and telemedicine.  Through the project, EHS aims to deliver virtual medical consultation services supported by advanced technologies. This first-of-its-kind technology enables members of society to access e-services via smart devices, thus scaling up service to reach broader segments of individuals and enhance the customer experience. Through the new virtual channel, patients can effortlessly access psychiatric consultation services, family health promotion clinics, and customer happiness centers. Dr. Yousif Mohammed Al-Serkal, EHS Director-General,  states, “ It is the f

  Sharjah University has launched its blockchain pilot in the presence of Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah. ‏ The President of the University was briefed about the advantages of using Blockchain technology, which includes several aspects, including information security and confidentiality, and ensuring the credibility of information and documents, in addition to accelerating procedures. As per the news, the work teams at the university worked effortlessly to unify and simplify procedures and to coordinate with all parties and partners to gain access to academic, scientific, and administrative services that serve the University of Sharjah community, which includes students, graduates, and the teaching and administrative staff. In September 2022 UAE The University of Sharjah launched a research project aimed to develop a blockchain metaverse system to preserve the UAE culture and heritage. Working wit

  UAE based Blockchain enterprise, Shaariq.com, an end-to-end real estate platform of Vision Tech has partnered with Pakistan-headquartered JK&S Developers, a real estate arm of the renowned Saif Group. to facilitate sales in JK&S Developers’ highly anticipated project D.I. Khan New City. Shaariq.com will leverage its enterprise blockchain capabilities to ensure secure, transparent, and seamless transactions. Shaariq.com will also ensure D.I. Khan New City becomes an early mover in adopting blockchain at an enterprise level. Shaariq.com will create a digital twin of the project in the metaverse to enable efficient urban planning and optimize the delivery of public services such as healthcare and groceries. NFT linked transactions on the blockchain will bring greater security, transferability, and future readiness. D.I. Khan New City will also characterize AR-VR and AI applications on multiple fronts. Dubbed the “Crown of Pakistan”, the D.I. Khan New City is a hybrid develop

  Dubai VC Helion Ventures has partnered and invested in VMeta3, the First High-Poly Modeling Technique Metaverse to provide a life-like experience with “Any-Fi” economic incentive into the new mindset of Behavior to Earn.   VMeta3 is the first metaverse related project to be part of Helion Ventures. VMeta3 envisions a world where users can freely create and explore digital worlds, own virtual property, conduct business, buy and sell goods, interact with the AI of their digital avatars, and much more. The Co-Founder and CEO of Helion Ventures Oliver von Wolff stated,   “The metaverse is the next big thing in web3 and it is exciting to get on board its growth by investing in an interesting and creative project such as VMeta3”. Jobs Chang, Founder and CEO of VMeta3   adds,   “The Dubai Metaverse Strategy aims to turn Dubai into one of the world’s top 10 metaverse economies as well as a global hub for the metaverse community, and we are pleased to receive investment and partner with

    UAE Everdome, the interplanetary metaverse project will be launching its first rocket to Mars in December 2022. Everdome espouses 500,000 community members and partners including names like OKX crypto exchange, Alfa Romeo F1 team, and Pierre Gasly as well as others. As per the announcement the   rocket launch represents a significant milestone in the development of the metaverse, gradually taking this new digital frontier from a frequently misunderstood concept to tangible reality.   Everdome located in the United Arab Emirates at Hatta mountains, is where their web3 pioneers will embark first to their interplanetary spaceship ‘’Everdome Cycler’’ and then onwards to a new outpost for humanity on Mars.  The rocket launch stage will see the earliest Everdome supporters and adopters, named “Tier-1 Evernauts”, embark from the Hatta Spaceport to the Everdome Phoenix (EVR Phoenix), a spaceship design inspired by imaginable and viable technologies , created in collaboration with t