Saudi Arabia partners with The Sandbox for future metaverse plans

In a partnership ceremony at the Leap 2023 conference in Saudi Arabia, The Sandbox entered into an MOU with the government of Saudi Arabia for future metaverse development.

Initiatives toward metaverse development continue to be a significant focus and key interest in the Middle East, as the Leap conference in Riyadh, Saudi Arabia highlights key topics in the industry.

On Feb. 7, a partnership ceremony was held at the conference, which acknowledged a new memorandum of understanding (MOU) between The Sandbox and the government of Saudi Arabia.

According to social media posts from Sebastien Borget, the co-founder and chief operating officer of The Sandbox, the MOU is with the Saudi Arabia Digital Government Authority (DGA) for the purpose of “exploring, advising and supporting” one another in metaverse development.

While there are no further updates about the extent of the partnership, both parties have been actively pushing the boundaries of the Web3 space relative to their areas of expertise.

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