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WASA Alliance Teams Up with Web3 Giants to Advance Technology in Saudi Arabia

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by A1

3 hours ago


The Web3 Alliance of Saudi Arabia (WASA) has launched with leading global Web3 entities: SandBox, Animoca Brands, and Outlier Ventures. WASA operates as a non-profit organization aiming to unite blockchain and digital innovation leaders to drive Web3 adoption in Saudi Arabia in line with Vision 2030.

Importance and Goals of WASA

WASA aims to create a collaborative ecosystem for businesses and sustainable growth within the country. It brings together international and local leaders to support the Kingdom's digital transformation. In 2023, Outlier Ventures started the Saudi Base Camp program, and in 2024 Animoca Brands announced a strategic partnership with NEOM Investment Fund to support Web3 development.

Alliance Board Members

The board includes local and international industry leaders such as Dr. Abeer Al Humaimeedy, Yasser Alobaidan, Omar Elassar, and others, actively advancing innovation within the Kingdom.

The Web3 Alliance of Saudi Arabia represents a crucial step forward in realizing the Kingdom’s vision for a digital future.Billal Yamak

Key Areas of Focus

The alliance's key focus areas will be raising awareness and education through workshops and conferences, developing standards and best practices, supporting collaboration opportunities, and leading research and development initiatives.

The Web3 Alliance of Saudi Arabia plays a vital role in promoting digital technology and innovation in the region, bringing together experts to support initiatives towards achieving Vision 2030.

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