Saudi Arabia and South Korea Join Hands to Establish More Blockchain Gaming

South Korea and Saudi Arabia are teaming up in the name of blockchain. The southern region of the latter country has joined hands with Wemade – a video game developer in Korea – to help boost both blockchain and gaming in Saudi Arabia.

MISA Collaborates with Wemade to Power Gaming and Blockchain Sectors

Saudi Arabia Wants to Lead Blockchain Gaming Initiatives

In a recent statement, a representative from the Ministry of Investment in Saudi Arabia said:

We are very excited for Wemade’s progress in expanding its activities in Saudi Arabia and are looking forward to continuing supporting Wemade’s footprint through connecting it to strategic partners in the sector. This progress would be yet another step further into realizing the national objective of becoming a hub for gaming and e-sports in line with the national gaming and e-sports strategy.

The goal is to ensure Saudi Arabia remains a global hub for both expansion initiatives and investments. One way to do this is to garner business opportunities through foreign nations. South Korea has long been a leader in both the crypto and blockchain arenas, and representatives are confident individuals working with Wemade will bring the knowledge and expertise the nation’s leaders are looking for to the table.

Wemade has been at the center of several partnerships over the past few months. Back in February, for example, the company teamed up with Savvy Games’ Nine66, which was supported through a public investment fund. The goal is to ensure training and educational content are available to future generations of blockchain gamers and that regional events get the sponsorship opportunities and funds they seemingly deserve.

Charles Huh – global investment officer at Wemade – explained:

As the demand for games and blockchain technologies continues to grow in Saudi Arabia, we are committed to showcasing our capabilities and delivering innovative solutions that meet their needs. We believe that our partnership with [the Saudi ministry] will not only benefit both parties, but also create new opportunities in the global game industry.

Wemade was founded in the year 2000 and has brought many prominent gaming titles to market including the “Legend of Mir” series, which is presently enjoyed by more than 1,000 individual gamers across the globe. Another prominent product established by the firm is Wemix.

Expansion Over the Next Seven Years
The gaming world in Saudi Arabia is expanding like nobody’s business. The region is the leader of the Arabian economy, and it’s estimated that the gaming sector of the nation will grow by as much as 250 percent through the year 2030. These results stem from a recent YouGov poll, which also believes that e-sports will lead to this expansion.

Said growth would also mean that the GDP of Saudi Arabia will likely surge by at least 50 times over the next seven years, and by that year, gaming consumption could be just under $7 billion.

NICK MARINOFF(2023.06.05) “Saudi Arabia and South Korea Join Hands to Establish More Blockchain Gaming”
retrieved from https://www.livebitcoinnews.com/saudi-arabia-and-south-korea-team-up-to-establish-more-blockchain-gaming/

1 COMMENT

  1. d the way we enjoy the sport. With just a few clicks, cricket enthusiasts can now immerse themselves in the thrill of the game from the comfort of their homes. Whether you are a die-hard cricket fan or a casual observer, online cricket offers a unique and exciting experience that cannot be matched. If you want to take your passion for cricket to the next level, creating your own online cricket ID is the first step towards unlocking a world of excitement.
    What is an Online Cricket ID?
    An online cricket ID is your gateway to the world of virtual cricket. It is an account that allows you to access various online cricket platforms and participate in a wide range of cricket-related activities. With an online cricket ID, you can join virtual cricket leagues, play multiplayer matches with friends and strangers, track your performance, customize your virtual cricket avatar, and much more. It is like having a virtual identity within the online cricket community, where you can showcase your skills, compete with others, and engage in the virtual cricket ecosystem.
    Benefits of Having an Online Cricket ID
    Having an online cricket ID comes with a host of benefits. Firstly, it allows you to connect with a vibrant community of cricket enthusiasts from around the world. You can interact with like-minded individuals, share your love for the sport, and engage in friendly banter. Secondly, an online cricket ID gives you the opportunity to improve your skills and knowledge of the game. Through practice matches, tutorials, and online resources, you can enhance your understanding of cricket and become a better player. Additionally, an online cricket ID provides you with a platform to showcase your talent. Whether you are a seasoned player or just starting out, you can participate in competitions and tournaments to prove your mettle and gain recognition within the online cricket community.
    Step-by-Step Guide to Creating Your Online Cricket ID
    Creating your own online cricket ID is a straightforward process. Follow these simple steps to get started:
    Choose a Platform: There are several online cricket platforms available, each offering its own unique features and gameplay. Research and select the platform that best suits your preferences.
    Sign Up: Visit the chosen platform’s website and locate the sign-up or registration page. Fill in the required details, such as your name, email address, and password, to create your account.
    Verify Your Email: After completing the sign-up process, you will receive an email from the platform with a verification link. Click on the link to verify your email address and activate your online cricket ID.
    Customize Your Avatar: Most online cricket platforms allow you to customize your virtual cricket avatar. Choose your player’s appearance, clothing, accessories, and other details to make your avatar unique and representative of your personality.
    Explore the Platform: Once you have created your online cricket ID, take some time to familiarize yourself with the platform. Browse through the different sections, such as practice matches, multiplayer games, tutorials, and forums, to discover all the features and functionalities available to you.
    Customizing Your Online Cricket ID
    One of the most exciting aspects of having an online cricket ID is the ability to customize it to your liking. Here are a few tips to help you make your online cricket ID truly your own:
    Personalize Your Avatar: The avatar is a reflection of your virtual identity in the online cricket world. Customize it to resemble yourself or create a unique character that represents your personality. Experiment with different hairstyles, facial features, and outfits to find the perfect look.
    Choose a Unique Username: Your username is how other players will identify you in the online cricket community. Select a username that is memorable, easy to pronounce, and reflective of your cricketing style or personality.
    Set a Catchy Tagline: Many online cricket platforms allow you to set a tagline or a short description that appears alongside your username. Use this opportunity to showcase your love for cricket or display a witty phrase that captures your passion for the game.
    Personalize Your Profile: Some platforms offer the option to create a profile page where you can provide additional information about yourself, such as your favorite cricket team, player, or cricketing moment. Take advantage of this feature to let others know more about your cricketing preferences and experiences.
    Exploring the Features of Your Online Cricket ID
    Now that you have created your online cricket ID and customized it to your liking, it’s time to dive into the exciting features and functionalities that await you. Here are some of the key features you can explore:
    Practice Matches: Sharpen your skills by playing practice matches against virtual opponents. This is a great way to improve your batting, bowling, and fielding techniques without the pressure of a competitive match.
    Multiplayer Games: Challenge your friends or join virtual teams to compete against other players from around the world. Participate in tournaments and leagues to test your skills and rise through the ranks.
    Performance Tracking: Many online cricket ID platforms provide detailed statistics and analytics to track your performance. Monitor your batting average, bowling economy, and fielding efficiency to identify areas for improvement and set new goals.
    Virtual Coaching: Some platforms offer virtual coaching sessions where you can learn from professional cricket players and coaches. Take advantage of these sessions to gain valuable insights and tips to enhance your game.
    Social Interactions: Engage with the online cricket id community through forums, chat rooms, and social media integration. Discuss the latest cricket news, share your thoughts on matches, and connect with fellow cricket enthusiasts.
    Tips for Maximizing Your Online Cricket Experience
    To make the most of your online cricket ID, here are a few tips to keep in mind:
    Practice Regularly: Like any sport, cricket requires practice to improve. Dedicate time to play practice matches and work on your skills to enhance your gameplay.
    Participate in Tournaments: Join online cricket tournaments and leagues to experience the thrill of competitive online cricket. Id This will help you gauge your abilities and push yourself to perform better.
    Learn from Others: Interact with other players, join online communities, and learn from their experiences. This will broaden your knowledge of the game and expose you to different playing styles and strategies.
    Stay Updated: Keep yourself updated with the latest cricket news, match schedules, and player performances. This will not only enhance your cricketing knowledge but also help you make informed decisions while playing online.
    Online Cricket ID FAQs
    Q: Can I create multiple online cricket IDs? A: Yes, most platforms allow you to create multiple IDs. However, it is recommended to have one primary ID to maintain consistency and build your reputation within the online cricket community.
    Q: Is creating an online cricket ID free? A: Yes, creating an online cricket ID is usually free of charge. However, some platforms may offer premium memberships with additional features at a cost.
    Q: Can I transfer my progress from one online cricket ID to another? A: This depends on the platform. Some platforms allow you to transfer your progress, while others do not. It is advisable to check the platform’s terms and conditions or contact their customer support for more information.
    Conclusion
    Creating your own online cricket ID is the first step towards unlocking a world of excitement in the virtual cricket realm. With an online cricket ID, you can connect with like-minded individuals, showcase your skills, and immerse yourself in the thrill of the game. By following the step-by-step guide and exploring the features of your online cricket ID, you can maximize your online cricket experience and take your passion for the sport to new heights. So, what are you waiting for? Create your online cricket ID today and embark on an exhilarating journey of virtual cricket.

LEAVE A REPLY

Please enter your comment!
Please enter your name here