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April 03, 2024

Outer Edge Riyadh to Illuminate Web3 and AI Potential and Mark a New Milestone in the Technological Industry

In Brief

Outer Edge, a Los Angeles-based company, is hosting a significant technological conference in Riyadh, Saudi Arabia, on April 23rd, aiming to connect businessmen, innovators, and venture capitalists in the Middle East.

Originating in Los Angeles and leaving its footprint in the Middle East, Outer Edge has garnered acclaim for curating unforgettable memories and providing a platform for businessmen, innovators, and venture capitalists to forge invaluable connections. It comes as no surprise, then, that Outer Edge has chosen to host a landmark technological conference in the bustling hub of Riyadh, Saudi Arabia, on April 23rd, positioning itself at the epicentre of development evolution in the Middle East.

What Is the Purpose of This Event?

To foster innovation across various sectors, KSA has embarked on a remarkable journey of embracing cutting-edge technologies such as Web3 and decentralisation ledger. This initiative reflects the Kingdom’s strategic shift away from traditional oil-dependent revenue streams towards a future driven by technological advancement, particularly in the realms of blockchain and artificial intelligence (AI). By leveraging these technologies, Saudi Arabia aims to catalyse innovation across multiple domains, spanning healthcare, finance, and beyond. As the ecosystem evolves, with businesses channelling investments not only into AI and decentralisation but also into emerging fields like virtual reality (VR), augmented reality (AR), and the Internet of Things (IoT), Saudi Arabia is steadfast in its dedication to nurturing a robust technology industry, aligning closely with the objectives outlined in the Saudi Vision 2030 strategy.

Set against the backdrop of The Garage, situated in the heart of Riyadh, an upcoming event promises to convene thought commanders, businessmen, various investors, and industry stalwarts for a captivating exploration of the synergies among tutoring, amusement, and the transformative potential of decentralised Web3 and AI technologies. Spanning a diverse array of themes, from smart towns to entertainment, sports, art, culture, and beyond, this gathering seeks to delve into the profound social usages of these technologies, offering attendees a multifaceted experience that transcends conventional boundaries.

Joshua Kriger, one of the co-founders of Outer Edge and co-host of both the Edge of NFT and Edge of AI podcasts, expressed excitement over the expansion of Outer Edge’s mission. He emphasised that from the outset, Outer Edge LA aimed to spark innovation on a global scale. Kriger conveyed enthusiasm about bringing the principles of co-creation, connectivity, and society to Saudi Arabia, where regional and international supporters in Web3, AI, and gaming can converge. He highlighted the distinctive format of Outer Edge events, which fosters ongoing teamwork opportunities at the crossroads of culture, entertainment, and progress.

What Speakers Should We Expect? 

Let’s highlight the distinguished speakers slated to grace Outer Edge Riyadh with their invaluable insights across a spectrum of technological themes:

  • Leading the charge is Yat Siu, the co-founder and executive chairman of Animoca Brands, renowned for his visionary approach to gaming and decentralised ledger integration.
  • Calvin Zhou, co-founder of Shrapnel, a trailblazing venture-backed User-Generated Content (UGC) platform, promises to offer unique perspectives on user engagement and content creation.
  • Salwa Radwi, the pioneering founder of ‘Nuqtah’, Saudi Arabia’s premier NFT Marketplace, is poised to shed light on the burgeoning NFT landscape and its implications for the local creative economy.
  • Eric Pulier, the innovative founder and CEO of Vatom, brings a wealth of expertise in augmented reality and virtual assets, offering attendees a glimpse into the future of immersive digital experiences.
  • Amanda Cassat, founder and CEO of Serotonin, is set to captivate audiences with her insights into the combination of mental health, technology, and wellness innovation.
  • Cole Damon, the dynamic CEO of AG Esports Global, will share his vision for the future of esports and its transformative potential in shaping the entertainment landscape.
  • Yasser N Al Obaidan, chairman of Jawraa, brings a strategic perspective on telecommunications and virtual infrastructure, illuminating the path towards a connected future.
  • Lastly, Sebastien Borget, the enterprising co-founder and COO of The Sandbox, will delve into the evolving meta-universe landscape, offering compelling insights into decentralised virtual worlds and their impact on society.

Outer Edge Collaboration With KACST and Animoca Brands

On the significant date of March 22nd, the organisers revealed an impactful alliance with King Abdulaziz City for Science and Technology, a leading institution driving scientific advancements in the Kingdom. Collaboration with Animoca Brands, a groundbreaking player in virtual rights of ownership and the accessible meta-universe, signifies an important juncture in the fusion of technologies and innovations. With a strategic outlook, these two organisations are poised to establish a tangible nucleus for Web3 in Riyadh, dedicated to spearheading research and development ventures across Web3, blockchain, gaming, and AI. Concurrently, tailored training options will be rolled out, cultivating a cohort of visionary technologists.

Dr Mariam Nouh, VP of Economies of the Future in KACST, comments, “We seek to transform blockchain and digital innovation development by establishing the Web3 Hub and growing the Web3 ecosystem in Saudi Arabia.”

Earning acclaim for its unwavering devotion to scientific excellence, KACST serves as the eminent National Laboratories of KSA, driving progress and sustainability across the Kingdom. Guided by a resolute dedication to national advancement, KACST adopts a comprehensive approach encompassing applied scientific analysis, the orchestration of national initiatives in science and technology, and the provision of indispensable opportunities for technical inquiry and tech advancements.

Yat Siu, the Co-founder and executive chairman of Animoca Brands, commented: “Through our partnership with Outer Edge Riyadh, we are honoured to help support the MENA region’s progress toward fully harnessing the power of Web3 and blockchain. Global leaders at Outer Edge Riyadh will gather to engage in spirited discussions, forge valuable partnerships, create new opportunities, and mobilise on a variety of topics ranging from revolutionising smart cities to redefining finance and entertainment.”

The cooperation effort highlighted in this statement underscores the profound influence it seeks to make, expanding well beyond the realm of physical infrastructure to encompass a holistic strategy geared towards nurturing local talent and fostering social and economic development throughout the KSA. In addition to creating unique laboratories that highlight the recent advancements in gaming, technology, and digital innovation, Animoca Brands has promised to offer its knowledge of tokenomics and Web3 finance to local projects and businesses in the form of priceless consulting services. In tandem, KACST is poised to provide essential office spaces tailored to the framework required of Web3 and gaming ventures. Leveraging Animoca Brands’ unparalleled proficiency in Web3, this collaboration aspires to empower local entities with essential industry insights, propelling the Kingdom towards a future characterised by technological preeminence.

Mohammad Hadhrawi, general manager of the Gaming and Immersive Technologies Institute at KACST, notes: “At KACST’s Gaming and Immersive Technologies Institute, we are dedicated to advancing the frontiers of R&D in gaming and immersive technologies. Our efforts are aligned with the national vision and strategies, aiming to foster an innovative ecosystem that nurtures creativity, technological advancement, and economic diversification. By spearheading projects that leverage web3, AI, and immersive experiences, we aim to impact the global technology landscape and equip our nation with the skills and opportunities to excel in these fields. Our commitment is to deliver tangible outcomes that contribute to the Kingdom’s position as a leader in the economies of the future (a key priority area for the kingdom), ensuring a sustainable and prosperous future for all.”

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Viktoriia is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

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Viktoriia Palchik
Viktoriia Palchik

Viktoriia is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

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