Sui Launches First SuiHub in Dubai to Empower Web3 Startups

Cryptotimes2024/10/22 07:51

By:Ronak Kumar

Dubai’s SuiHub supports local entrepreneurs with funding, expertise, and events to build decentralized applications on Sui’s blockchain.

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Sui, a top-performing Layer 1 blockchain, has opened its first SuiHub in Dubai, collaborating with Ghaf Group, a leading blockchain partner in the MENA region. Located in Expo City Dubai, this hub aims to empower Web3 startup founders by providing essential resources, workshops, and technical support.

Dubai was chosen for this global initiative due to its vibrant tech ecosystem and commitment to blockchain innovation. The SuiHub will offer local entrepreneurs access to funding, expertise, and community events, helping them develop decentralized applications using Sui’s infrastructure.

Sui Launches First SuiHub in Dubai to Empower Web3 Startups image 0

Sui Launches First SuiHub in Dubai to Empower Web3 Startups image 1

Source: X

Kostas Chalkias, Co-Founder of Mysten Labs, emphasized that Dubai’s supportive regulatory environment makes it an ideal location for the first SuiHub. He noted that “we aim to empower local and regional developers to create decentralized applications that will have a global impact.”

Feras Al Sadek, Co-Founder of Ghaf Group, expressed excitement about the collaboration, stating that it marks a significant milestone for their venture studio. Kristof Lukovich, CEO of SuiHub, highlighted the importance of collaboration, saying that the hub will foster synergies among talent, technology, and capital.

Feras Al Sadek, said, “The initiation of this innovative new resource for local builders and entrepreneurs represents a key milestone in the development of Ghaf’s venture studio arm.”

The SuiHub will also support the upcoming Q4 accelerator program, nurturing promising startups. With a strong network of partners and previous initiatives like the AUS-Sui Blockchain Academy, Sui is committed to building a thriving ecosystem for blockchain developers.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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