The agreement aims to transfer the knowledge and expertise of Consensys to empower Web 3 startups in Saudi Arabia
Saudi Arabia’s NFT marketplace, NuqtahNFT, has signed a strategic partnership with New York’s Consensys, a leading Ethereum blockchain company worldwide.
The agreement aims to transfer the knowledge and expertise of Consensys to empower Web 3 startups in Saudi Arabia in line with Nuqtah’s goal of accelerating Web 3 adoption and in clear alignment with the Kingdom’s vision to become a hub for technology. ConsenSys is known for its ownership of Metamask and infura.
“With Nuqtah’s existing Infura and Ethereum infrastructure, the potential in the Saudi market is huge, and we are very excited to be launching this strategic partnership with NuqtahNFT, Saudi’s leading NFT marketplace to provide even more functionality and empowerment of creatives in the MENA region,” said Ian Wallis, Partnership Lead, ConsenSys.
Salwa Radawi, CEO, Nuqtah said “Our mission is to spearhead the adoption of Web 3 in MENA, by tirelessly developing and enabling a complete and robust infrastructure, tailored specifically to the MENA region originators. This partnership is only the beginning of our opening. It not only opens a great deal of opportunities for us and fellow Web 3 startups within the industry but also ensures that we are able to transfer this knowledge and localise it for the region.”