WEMADE, a South Korean game developer, joins forces with DIFC Innovation Hub to catalyze global Web3 gaming in Dubai. With a substantial $100 million investment fund and collaborative events, the partnership aims to position Dubai as a leading global hub for the gaming industry.
WEMADE's Investment Fund and Commitment
$100 Million Investment Fund
WEMADE anchors a significant investment fund to provide a robust go-to-market pipeline for Web3 game developers. The focus aligns with the vision to propel Dubai into the top 10 cities globally in the gaming industry.
WEMIX PLAY Center
The WEMIX PLAY Center, part of WEMADE's contribution, aspires to contribute to Dubai's gaming ecosystem, supporting the 'Dubai Program for Gaming 2033.'
Collaborative Web3 Event in Dubai
Web3 Event Launch
In collaboration, WEMADE and DIFC Innovation Hub plan to launch a Web3 event in Dubai during the first quarter of 2024. This event aims to accelerate the adoption and integration of Web3 technologies within the gaming landscape.
WEMADE as a DIFC Innovation Hub Partner
Pioneer in Web3 Gaming
WEMADE proudly claims the distinction of being the first South Korean game developer and Web3 gaming company to become a DIFC Innovation Hub partner. This alliance positions WEMADE at the forefront of Web3 gaming developments in Dubai.
Access to WEMIX PLAY Platform
Facilitating Global Access
The partnership extends beyond physical infrastructure, providing targeted
access to millions of active Web3 game players on the WEMIX PLAY platform. WEMIX PLAY, WEMADE's native game platform for Web3 games, currently hosts a diverse portfolio of over 65 games from third-party developers.
CEO Insights and Commitment to Dubai's Innovation
Henry Chang's Vision
Henry Chang, CEO of WEMADE, expresses admiration for the UAE's dynamism as an innovation hub. The collaboration underscores WEMADE's dedication to fostering Dubai's evolution into a central hub for global Web3 gaming.
Mohammed AlBlooshi's Perspective
Mohammed AlBlooshi, CEO of DIFC Innovation Hub, highlights the significance of establishing a robust gaming industry to advance Dubai's digital ecosystem. This initiative aligns with broader economic diversification efforts outlined in the Dubai Program for Gaming 2033.
Continued Momentum in Innovation
Dubai's Innovation Landscape
This collaboration follows a trend of innovation-focused investments at the DIFC Innovation Hub. Investors actively participating in funding for the Trends analytics platform in December 2023 showcase Dubai's commitment to fostering a dynamic digital landscape.
Conclusion
The strategic alliance between WEMADE and DIFC Innovation Hub marks a pivotal moment for Dubai's gaming ecosystem. With a substantial investment fund and collaborative events, the partnership aims to accelerate the city's transformation into a global hub for Web3 gaming, fostering innovation and employment opportunities in the sector.
Call to Action
Stay tuned for updates on the collaborative initiatives between WEMADE and DIFC Innovation Hub, and explore opportunities within the evolving landscape of Web3 gaming.
FAQs:
Q1: What is Web3 gaming, and why is it significant for Dubai? A1: Web3 gaming integrates blockchain and decentralized tech, enhancing security and ownership. Dubai's push aims to establish the city as a global hub, fostering innovation and economic growth.
Q2: How does WEMADE plan to contribute to Dubai's gaming ecosystem? A2: WEMADE commits a substantial $100M investment fund, WEMIX PLAY Center, and collaborative Web3 events, propelling Dubai into the top 10 gaming cities globally.
Q3: What is the 'Dubai Program for Gaming 2033,' and how is WEMADE involved? A3: It's Dubai's initiative for gaming advancement. WEMADE contributes through the WEMIX PLAY Center, aligning with the program's vision for Dubai's gaming future.
Q4: What sets WEMADE apart as a DIFC Innovation Hub partner? A4: WEMADE is the first South Korean game developer and Web3 gaming company in this alliance. The partnership goes beyond infrastructure, offering global access to WEMIX PLAY's active gamer base.
Q5: When is the Web3 event in Dubai, and what's its purpose? A5: The Web3 event is slated for Q1 2024. It aims to accelerate the adoption of Web3 technologies in the gaming industry, boosting Dubai's position in global gaming innovation.
Q6: How does this partnership impact WEMADE's CEO Henry Chang's vision for Dubai? A6: Henry Chang expresses admiration for Dubai's dynamism, highlighting WEMADE's dedication to fostering Dubai's evolution into a central hub for global Web3 gaming.
Q7: What is the broader significance of this collaboration for Dubai's digital landscape? A7: The partnership aligns with Dubai's ongoing efforts in innovation, showcasing a commitment to creating a dynamic digital landscape and supporting economic diversification.
