WEMIX, a leading blockchain developer from Korea, has joined hands with Hub71, a prominent tech ecosystem in Abu Dhabi, to bolster the global blockchain startup scene. This collaboration, marked by a Memorandum of Understanding, aims to foster growth opportunities for their respective portfolios and Web3 startups. Under this partnership, startups associated with WEMIX will gain access to Hub71’s extensive community comprising over 200 startups, along with a suite of value-add programs and incentives.
Moreover, select startups will enjoy the privilege of global scalability through Hub71’s specialized ecosystem, Hub71+ Digital Assets. This initiative will facilitate access to various programs, initiatives, and a vast network of corporate, governmental, and investment partners both locally and globally. Conversely, startups within Hub71+ Digital Assets will benefit from the profound technical expertise of WEMIX and its parent company, Wemade, particularly in blockchain domains like GameFi and DeFi.
The WEMIX and Hub71 alliance offers several key advantages, including WEMIX becoming the latest addition to Hub71+ Digital Assets ecosystem, fast-tracking of applications for WEMIX startups to join the Hub71 Incentive Program, and dedicated resources for mentorship and technical support for Hub71 GameFi and DeFi startups. Additionally, this collaboration facilitates access for Hub71 startups to WEMIX’s global Web3 community.
WEMADE, the parent company of WEMIX, manages a diverse global portfolio of strategic investments, encompassing notable projects such as Shardeum, Metaverse Magna (MVM), and Kasa. Recently, WEMADE inked a strategic MoU with Haskey Capital, a global asset manager focusing on blockchain technology and digital assets, further solidifying its commitment to nurturing promising Asian blockchain companies.
Hub71+, the specialized ecosystem dedicated to advancing specific technology sectors, initially launched with Hub71+ Digital Assets, focused on harnessing the disruptive potential of Web3 and digital assets growth. Situated at Hub71 in Abu Dhabi Global Market (ADGM), this initiative provides a progressive regulatory environment conducive for Web3 startups to operate, offering world-class blockchain and virtual asset infrastructure.