51 - Sui Launches Dubai Hub And New Fund Boosts Move-Based Blockchain

Sui establishes its first global hub in Dubai to foster Web3 innovation, while a $20 million fund is launched by Gate Ventures, Movement Labs, and Boon Ventures to accelerate development in Move-based blockchain technologies. These initiatives aim to enhance the Web3 ecosystem and support projects bridging Move and EVM networks.

Sources:
https://coinmarketcap.com/community/articles/6716b3d1e66fea25b609a943/
https://coinmarketcap.com/community/articles/6716b3d1e66fea25b609a943/
https://www.globenewswire.com/news-release/2024/10/24/2968394/0/en/Gate-Ventures-Movement-Labs-and-Boon-Ventures-Launch-20M-Fund-to-Accelerate-Web3-Innovation.html

Outline:
(00:00:00) Introduction
(00:00:35) Sui Launches 'SuiHub Dubai', Its First Global Hub to Drive Web3 Innovation
(00:02:43) Gate Ventures, Movement Labs, and Boon Ventures Launch $20M Fund to Accelerate Web3 Innovation