Uncategorized Building Saudi Arabia’s Web3 Future: Inside the Web3 Alliance of Saudi Arabia March 9, 2025 / April 14, 2025 by admin In the heart of Saudi Arabia’s digital transformation journey, a powerful new alliance is taking shape to propel the Kingdom into the Web3 era. The Web3 Alliance of Saudi Arabia (WASA), launched in February 2025, represents a watershed moment for blockchain adoption in a region where 100% of the population is connected to the internet. […] Read more »
Insight Writing My thoughts about Nigeria’s new Crypto Taxation plans February 26, 2025 / April 14, 2025 by admin By Vincent Li, Founding Partner at Adaverse Nigeria is making a major shift in its cryptocurrency policy, moving away from a blanket ban toward a regulated framework designed to capture tax revenue. The Securities and Exchange Commission (SEC) is leading this transition, introducing new licensing requirements for crypto operations. This marks a decisive change in […] Read more » Africa Nigeria Regulation Taxation
Insight Writing How Chekkit Plans to Strengthen Saudi Arabia’s Pharma Supply Chain February 23, 2025 / April 14, 2025 by admin In this week’s interview, we sit down with Dare Odumade, Founder and CEO of Chekkit, as they prepare to expand their blockchain-powered supply chain security solution into Saudi Arabia. With over 200 million products tracked for more than 100 brands including SC Johnson, Merck KGAa, Golden Penny and Nivea, as well as a successful partnership […] Read more » Cardano Nigeria Saudi Arabia Supply Chain
Press Release Adaverse Saudi Arabia Partners with the Ministry of Communications and Information Technology to Accelerate Web3 Development in Saudi Arabia February 13, 2025 / April 14, 2025 by admin Today, a strategic partnership was announced to accelerate the development of Web3 technologies and foster blockchain innovation in Saudi Arabia. Driving Innovation in Web3 Technologies This collaboration leverages the Ministry’s leadership in national digital transformation and Adaverse’s expertise in blockchain investments and technology infrastructure. It aims to equip local talent with access to the latest […] Read more » Saudi Arabia
Insight Writing Big in 2025: Blockchain’s Next Frontier January 23, 2025 / April 14, 2025 by admin The blockchain landscape never stands still. As active investors in Web3, we play close attention to the horizon for emerging trends – trends that often vary significantly across different markets and regions. But as we step into 2025, several global narratives are emerging that transcend geographical boundaries, representing the very cutting edge of blockchain innovation. […] Read more » Deep dive
Insight Writing Empowering Freelancers with Stablecoins: Sorbet’s Journey to Redefine Payments” January 20, 2025 / April 14, 2025 by admin In this week’s interview, we sat down with two founders we’re proud to support, Rami Djebari and Maher Ayari, to uncover how they’re tackling one of the biggest pain points for freelancers: payments. From their innovative use of stablecoins to their ambitious plans for global expansion, Rami and Maher reveal how their startup, Sorbet, is […] Read more » Saudi Arabia Stablecoin
Insight Writing The Rise of Prediction Markets: A New Era of Digital Forecasting December 16, 2024 / April 14, 2025 by admin In August of this year, prediction markets made headlines when Polymarket achieved a record-breaking trading volume of $472.87 million, primarily driven by election betting. Similarly, Drift Protocol reported an impressive $170 million in 24-hour trading volume for its native token. But what’s behind this surge in prediction market activity? Understanding Prediction Markets At their core, […] Read more » Prediction markets
Investment Adaverse Fuels Grintafy’s Web3 Journey to Redefine Football Talent Discovery December 4, 2024 / April 14, 2025 by admin PRESS RELEASE Riyadh, Saudi Arabia, December 4th, 2024 Adaverse, the leading Ecosystem Accelerator and Seed Fund, today announced its strategic investment in Grintafy, the Middle East’s premier sports tech company. This partnership marks a significant step in Grintafy’s transition from Web2 to Web3, leveraging blockchain technology to revolutionize talent discovery in football. Grintafy, established in […] Read more »
Insight Building the Bridge Between AI and Web3: Port3’s Vision for a Decentralized Future November 19, 2024 / April 14, 2025 by admin This week our attention was captured by Port3, a Singapore-based Web3 company intent on pioneering the integration of AI and blockchain technology. With co-founders Anthony Teng and Max Du’s Web3 task platform SoQuest already making waves in the industry, we were excited to have the opportunity to sit down with them and discuss their vision, […] Read more » AI
Insight Research The Evolution of Chain Abstraction: Simplifying Blockchain Complexity for Mass Adoption November 8, 2024 / April 14, 2025 by admin While blockchain technology offers powerful decentralized solutions, navigating multiple networks can be challenging. Today’s average crypto user interacts with 3-5 different blockchain networks, each requiring separate wallets and unique token bridging processes. Chain abstraction promises to streamline this experience for two key user groups: For crypto-native users: For non-crypto users: As chain abstraction technology matures, […] Read more » Chain abstraction