{"id":4920,"date":"2023-03-16T11:44:25","date_gmt":"2023-03-16T11:44:25","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/16\/animoca-brands-bets-on-saudi-nft-marketplace-nuqtah\/"},"modified":"2023-03-16T11:44:25","modified_gmt":"2023-03-16T11:44:25","slug":"animoca-brands-bets-on-saudi-nft-marketplace-nuqtah","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/16\/animoca-brands-bets-on-saudi-nft-marketplace-nuqtah\/","title":{"rendered":"Animoca Brands Bets On Saudi NFT Marketplace \u201cNuqtah\u201d"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Animoca Brands has backed Nuqtah, Saudi Arabia\u2019s first NFT marketplace platform. Nuqtah has recently announced a seed round of funding led by Animoca Brands, with Polygon and regional investors also taking part. The new funding will enable Nuqtah to expand its business in the coming year. Let\u2019s dive in!<\/p>\n<figure id=\"attachment_99274\" aria-describedby=\"caption-attachment-99274\" style=\"width: 960px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"size-full wp-image-99274\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-scaled.jpeg.webp 960w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-240x300.jpeg.webp 240w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-768x960.jpeg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-45x56.jpeg.webp 45w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-150x188.jpeg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-450x563.jpeg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20960%201200'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 960px) 100vw, 960px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"size-full wp-image-99274\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-scaled.jpeg.webp 960w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-240x300.jpeg.webp 240w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-768x960.jpeg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-45x56.jpeg.webp 45w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-150x188.jpeg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-450x563.jpeg.webp 450w\" sizes=\"(max-width: 960px) 100vw, 960px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-scaled.jpeg\" alt=\"Nuqtah announces newest investment round led by Animoca brands and polygon\" width=\"960\" height=\"1200\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-scaled.jpeg 960w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-240x300.jpeg 240w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-819x1024.jpeg 819w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-768x960.jpeg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-45x56.jpeg 45w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-150x188.jpeg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-450x563.jpeg 450w\" sizes=\"(max-width: 960px) 100vw, 960px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-99274\" class=\"wp-caption-text\">Nuqtah raises seed funding from Animoca Brands and Polygon. Image: Animoca<\/figcaption><\/figure>\n<h2><span id=\"What_We_Know_About_Animoca_Brands_and_Nuqtah\">What We Know About Animoca Brands and Nuqtah<\/span><\/h2>\n<p>Animoca Brands is a leader in digital entertainment, blockchain, and gamification. Significantly, they are advancing digital property rights and contributing to the open <a href=\"https:\/\/nftevening.com\/metaverse-meaning-what-the-metaverse-is-and-why-you-should-care\/\" target=\"_blank\" rel=\"noopener\">metaverse<\/a>. Additionally, they develop and publish a vast range of products, including the REVV and SAND tokens and original games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes. With multiple subsidiaries, including Quidd, GAMEE, and nWay, Animoca Brands has a growing portfolio of over 380 Web3 investments, such as Colossal, Axie Infinity, and OpenSea. The Financial Times ranks <a href=\"https:\/\/www.animocabrands.com\/\" target=\"_blank\" rel=\"noopener\">the company<\/a> in its High Growth Companies Asia-Pacific 2023, and it\u2019s a Deloitte Tech Fast winner.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/itsnuqtah.com\/\" target=\"_blank\" rel=\"noopener\">Nuqtah<\/a> is the first-ever licensed NFT marketplace in Saudi Arabia. It\u2019s set to empower creators and companies alike to unlock new opportunities in the Web3 space. Additionally, Nuqtah aims to make building, releasing, and monetizing <a href=\"https:\/\/nftevening.com\/what-is-nft-art-and-how-do-i-get-involved\/\" target=\"_blank\" rel=\"noopener\">NFT collections<\/a> easy for everyone!<\/p>\n<h2><span id=\"What_Impact_Will_this_Partnership_Have\">What Impact Will this Partnership Have?<\/span><\/h2>\n<p>So, what does this all mean? With their newest investment round, Nuqtah is now ready to empower local talent and develop the Web3 industry in Saudi Arabia. The new funding will enable Nuqtah to scale up its business in product development, marketing, and talent acquisition. On the other hand, Animoca Brands\u2019 strategic investment expands its portfolio in MENA. This partnership builds on their commitment to growing the regional blockchain industry, facilitating educational opportunities, and co-creating Web3 pilot projects with local companies.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/animoca-brands-bets-on-saudi-nft-marketplace-nuqtah\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Animoca Brands has backed Nuqtah, Saudi Arabia\u2019s first NFT marketplace platform. Nuqtah has recently announced a seed round of funding led by Animoca Brands, with Polygon and regional investors also taking part. The new funding will enable Nuqtah to expand its business in the coming year. Let\u2019s dive in! Nuqtah raises seed funding from Animoca [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/Nuqtah-and-Animoca-Brands-scaled.jpeg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/4920"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=4920"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/4920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/4921"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=4920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=4920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=4920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}