Animoca secures $50M investment from Saudi mega-project for Web3 gaming firm

by James Thomas
0 comment

Animoca Brands and NEOM have announced a groundbreaking partnership to collaborate on the development of global Web3 services. The collaboration aims to support the expansion of technology within the NEOM economic zone and Riyadh, marking a significant milestone in the region’s tech industry.

The partnership between Animoca Brands, a leader in blockchain, gamification, and artificial intelligence, and NEOM, a futuristic and technologically advanced city in Saudi Arabia, signals a major step forward for the region’s digital economy. The collaboration will focus on leveraging Web3 technologies to drive innovation and growth in the economic zone and the capital city of Riyadh.

NEOM, a flagship project of Saudi Arabia’s Vision 2030, aims to become a global hub for innovation and technological advancement. By partnering with Animoca Brands, NEOM is poised to accelerate its progress towards becoming a leading force in the global tech industry, propelling Saudi Arabia to the forefront of digital innovation.

The announcement of the partnership between Animoca Brands and NEOM comes at a time of increasing focus on Web3 technologies and their potential to revolutionize industries across the globe. With the expertise and resources of both parties coming together, the collaboration is set to make a significant impact on the development of global Web3 services, driving the growth of the tech industry in the NEOM economic zone and Riyadh.

As the partnership unfolds, it is expected to bring forth a new era of innovation and prosperity for NEOM and Riyadh, positioning them as key players in the global tech landscape. The collaboration between Animoca Brands and NEOM is set to shape the future of Web3 services and drive technological advancement in the region, making it a pivotal point in the evolution of Saudi Arabia’s digital economy.

You may also like