• Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies from Abu Dhabi
• The collaboration between Venom Foundation and Hub71 will focus on accelerating the growth and adoption of blockchain technologies in the Middle East and North Africa (MENA) region and beyond.
• Startups will be able to benefit from the use of the Venom blockchain to successfully transition from Web2 to Web3.
Partnership between Venom Foundation & Hub71
Venom Foundation, licensed by Abu Dhabi Global Market (ADGM), has joined forces with Hub71, a tech ecosystem in Abu Dhabi, to provide startups with enterprise-grade solutions and make it easier for businesses to adopt blockchain technologies. Their collaboration aims at promoting growth & adoption of blockchain in MENA region.
Objectives & Benefits for Startups
Venom Foundation is committed to raising standards for incubation, acceleration, & grant programs by deploying its experience in venture capital, technology & venture building. Startups can gain access to Digital Assets specialist ecosystem provided by Hub71+ where they can engage with leading Web3 entities as well as benefit from value-add programs & incentives offered by Hub71.
Transitioning From Web 2 To Web 3
The partnership also offers startups an opportunity to successfully move from Web 2 platform to Web 3 using Venom’s blockchain technology. They will be able to collaborate with a wide range of partners through the specialist ecosystem provided by Hub 71+.
Iceberg Capital’s Role
The agreement was brought together by Iceberg Capital which is a regulated investment manager based in ADGM that is willing to leverage network & expertise for assisting both parties achieve their common objectives.
Comments By Both Parties
Peter Knez, Chairman of foundation council at Venom Foundation commented that collaboration is important for unlocking full potentials of emerging technologies while Elodie Robin Guillerm (Head of Growth & Strategy at Hub 71) expressed her excitement about teaming up with Venon Foundation.