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Wemade Joins Forces with Dubai to Pioneer Crypto Gaming

by BlockNews.com Team
November 28, 2023
in Breaking News, Business, Crypto
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Wemade Joins Forces with Dubai to Pioneer Crypto Gaming

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  • Dubai is partnering with South Korean gaming company Wemade to become a global hub for web3 gaming
  • The partnership will leverage Wemade’s expertise to support Dubai gaming initiatives like the Dubai Program for Gaming 2033
  • Dubai aims to grow its gaming industry and digital economy, with goals to add $1 billion in GDP from gaming and create 30,000 new jobs by 2033

Dubai has set its sights on becoming a global hub for web3 gaming. A new collaboration with South Korean gaming giant Wemade is helping the city work towards this ambition.

🚨 NEWS: 🇰🇷 Gaming giant Wemade partners with Dubai Chambers to boost blockchain gaming in Dubai.

Are your bags packed for the crypto gaming bull run?

— BlockNews.com (@blocknewsdotcom) November 28, 2023

Wemade Partnership to Spur Blockchain Gaming

Wemade is the first major South Korean game developer to hold formal discussions with Dubai Chambers, a non-profit that champions Dubai business interests. Under the partnership, Wemade will leverage its gaming expertise to aid key Dubai initiatives like the Dubai Program for Gaming 2033. Wemade’s CEO Henry Chang met with the Dubai Chambers President to officiate the collaboration.

Dubai’s Digital Economy Goals

Dubai has established a comprehensive crypto regulatory framework to attract major industry players. The city aims to become a thriving digital economy. The Dubai Program for Gaming 2033 exemplifies the Emirate’s gaming industry vision. By 2033, Dubai wants to contribute an additional $1 billion in GDP from gaming and create 30,000 new jobs. The city is especially focused on growing its web3 gaming sector.

Dubai’s Current Gaming Landscape

The Dubai Chambers was restructured in 2021 into three separate entities to better aid business growth. The Chambers play a key role in connecting private businesses with the government. Dubai believes a strong gaming industry will significantly boost its economy. The city has already displayed considerable dynamism in blockchain gaming.

Tags: BitcoinBusinesscryptoethereumGaming
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