Sui Unveils First Global Hub ‘SuiHub Dubai’ for Web3 Innovation

[PRESS RELEASE – Dubai, United Arab Emirates, October 21st, 2024]

• SuiHub Dubai is the inaugural location in a worldwide series of hubs aimed at assisting blockchain developers and entrepreneurs.
• This center is situated in Expo City Dubai, a pivotal tech hub in the region, intended to stimulate collaboration and innovation.
• In partnership with Ghaf Studios, Sui is dedicated to offering resources and funding to local Web3 founders and builders as part of a larger initiative for regional advancement.

Sui, the Layer 1 blockchain celebrated for its top-tier performance and scalability, has announced the launch of its first SuiHub in partnership with Ghaf Group, a premier blockchain collaborator in the MENA region. Dubai has been strategically selected as the first SuiHub site owing to its vibrant tech ecosystem and its focus on innovation.

The newly established hub in Expo City Dubai will be crucial in Sui’s efforts to create a global network of Sui workspaces and community centers, empowering builders to develop decentralized applications and propel blockchain technology forward.

Specifically, SuiHub Dubai will grant Web3 startup founders access to workshops, technical assistance, and community-led events, along with resources, funding, and specialist knowledge, ensuring they receive the necessary support to initiate and expand their projects using Sui’s blockchain framework. This hub is anticipated to solidify Sui’s status as a premier platform for Web3 development in the MENA region, especially as Dubai accelerates its adoption of blockchain technologies.

“Dubai’s progressive regulatory landscape and dedication to blockchain ingenuity render it the perfect site for the global launch of SuiHub,” remarked Kostas Chalkias, Co-Founder and Chief Cryptographer at Mysten Labs, the developers behind the Sui network. “The city has established itself as a global leader in technology and blockchain advancement, and by inaugurating SuiHub here, we aspire to empower local and regional developers to forge decentralized applications that can make a worldwide impact. This is just the first of several hubs we intend to create globally to offer builders the necessary resources and support for their success.”

“Ghaf Group is thrilled to collaborate with the Sui team on launching the first official SuiHub in Dubai,” stated Feras Al Sadek, Co-Founder and MD of Ghaf Group. “The inception of this groundbreaking resource for local builders and entrepreneurs marks a significant milestone in the evolution of Ghaf’s venture studio division. What started as a straightforward advisory has transformed into a global initiative poised to drive technological progress here for years ahead.”

Kristof Lukovich, CEO of SuiHub, commented, “SuiHub’s goal is to empower blockchain startup founders in the region by offering the resources and assistance necessary to promote growth and enhance the regional ecosystem. Serving as a center where talent, technology, capital, and opportunity intersect, we encourage collaboration and forge new synergies. Our venture-building initiatives focus on rolling out innovative solutions, while our Q4 accelerator program, in partnership with Brinc, CoinList, Sui, and Ghaf Group, will support some of the most promising startup founders on a global scale. With a comprehensive network of over 40 ecosystem partners, advanced in-house engineering capabilities, and a suite of strategic initiatives, we are positioned to nurture the future expansion of the regional blockchain environment. A cornerstone of our mission is our collaboration with the American University of Sharjah, where we have jointly established a blockchain academy to nurture the next generation of blockchain-informed local leaders.”

The choice of Expo City as the site for the new hub has been marked as a premier location for companies that focus on advanced technology, making it an ideal setting for the launch of SuiHub Dubai. The opening of SuiHub Dubai enhances Sui’s influence in the area, building upon prior initiatives, such as the early 2024 partnership with the American University of Sharjah (AUS) that produced the AUS-Sui Blockchain Academy. Furthermore, Sui’s ongoing community networking events, like Sui Connect, have already established a foundation for deeper engagement and collaboration with local developers, builders, and enthusiasts.

With this launch, Sui reaffirms its dedication to developing a decentralized, builder-driven ecosystem that supports developers across various regions. More hubs are projected to be announced shortly, each crafted to offer localized support and resources for blockchain developers utilizing the Sui platform.