Key Points:
- SuiHub launches in Dubai to boost Web3 development and innovation.
- Collaboration with Ghaf Group brings resources for blockchain entrepreneurs.
- Dubai was selected for its growing tech ecosystem and blockchain-friendly policies.
- SuiHub will offer funding, technical support, and a Q4 accelerator program.
SuiHub Launches in Dubai to Empower Web3 Startups
Congratulations to @suinetwork and @ghafcapital for the grand opening of SuiHub in @expocitydubai Dubai! pic.twitter.com/SgIyba3bZF
— NenterC @ Animoca Ventures (@50Nent) October 21, 2024
Sui, a leading Layer 1 blockchain, has launched its first SuiHub in Dubai in partnership with Ghaf Group, a well-known blockchain collaborator in the MENA region. This newly established hub, located in Expo City Dubai, aims to support local entrepreneurs and Web3 startup founders by providing essential resources, such as funding, technical expertise, and community-building events.
Why Dubai? A Strategic Choice for SuiHub
Dubai was selected as the first location for SuiHub due to its dynamic tech ecosystem and pro-blockchain stance. Kostas Chalkias, Co-Founder of Mysten Labs, emphasized that Dubai’s regulatory framework and tech-friendly environment make it an ideal base for empowering local and regional developers. These developers will be equipped to create decentralized applications (dApps) using Sui’s cutting-edge blockchain technology, with the goal of making a global impact.
Feras Al Sadek, Co-Founder of Ghaf Group, shared his enthusiasm for the collaboration, marking it as a significant milestone for Ghaf’s venture studio. Kristof Lukovich, CEO of SuiHub, echoed this sentiment, underlining the importance of fostering synergies between talent, technology, and capital to drive innovation in the blockchain space.
Supporting Local Innovation and Future Startups
In addition to providing daily support, the SuiHub will run a Q4 accelerator program, designed to nurture promising startups in the region. With strong partnerships and previous initiatives, such as the AUS-Sui Blockchain Academy, Sui continues to build a thriving ecosystem for blockchain developers, ensuring the growth of the Web3 space both locally and globally.
