All posts tagged: animoca brands

Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK

Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK

Published by Webster

Coinbase and Animoca Brands have joined a group of institutional investors to announce an accelerator initiative in the UK, focused on Web3 projects. Fabric Ventures and Founders Factory are also part of the programme, that will allow promising Web3 startups to gain financial aid of up to GBP 250,000 (roughly Rs. 2.85 crore). The firms announced the new programme on Monday, and stated that it was designed to advance tech startups working on AI and blockchain technology that can elevate the UK’s economic status. The initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK. The selected startups will get business strategy support and market exposure along with training in product development and fundraising, according to a press release published on Monday. Fabric Ventures, Animoca Brands, and Coinbase will also guide these startups on tokenomics, community strategies, and business scaling practices in the blockchain and AI sectors. “Ensuring that these products and services are born out of the UK is vital. For too long, access to …

Animoca Brands, The Sandbox Join Web3 Alliance Group in Saudi Arabia

Animoca Brands, The Sandbox Join Web3 Alliance Group in Saudi Arabia

Published by Webster

Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3 industry. The group will work to create awareness around Web3 and help Saudi Arabia develop regulatory standards to oversee and govern the sector, according to press release shared Thursday. Members of the WASA include The Sandbox, Animoca Brands and Outlier Ventures. The group will work as a non-profit organisation with a focus on collaborating with the country’s regulators to safely integrate blockchain technologies into existing financial and industrial systems. “The alliance’s governance structure includes a General Assembly and an Executive Committee, ensuring transparent and effective leadership. A comprehensive digital infrastructure and marketing strategy will support the alliance’s mission to connect and empower the Web3 community throughout Saudi Arabia,” the announcement said. Web3 can be explained as the next iteration of the Internet we know and use today. The blockchain technology, that offers an alternative to …