Neom and Outlier Ventures launch Web3 accelerator

Neom and Outlier Ventures launch Web3 accelerator

Neom, Saudi Arabia’s futuristic city being built on the shores of the Red Sea has partnered with Saudi Arabian NTDP ( National Technology Development Program) and Outlier Ventures, a global Web3 accelerator, to launch the first Web3 accelerator and the FutureSpark Base Camp Demo Day.

Naif Abu Saida, Director of Web3 at Neom stated in a LinkedIn post, ” The future is here, and it’s powered by Web3.  Since the beginning of our Web3 journey at NEOM, we’ve been working tirelessly to bring innovation to the forefront, and today, we’re proud to unveil the Kingdom’s first Web3 accelerator!”
NEOM, in collaboration with NTDP and, Outlier Ventures, presented FutureSpark Base Camp Demo Day in Riyadh. This event featured nine cutting-edge startups from the local and global Web3 ecosystem, highlighting the talent and innovation shaping the future of technology.

The Demo Day took place on January 20th 2025, Abu Saida noted,” On Monday, we wrapped up an amazing day at the FutureSpark Base Camp Demo Day! The energy in the room was incredible as nine talented startups showcased their hard work and bold ideas. A huge shoutout to the teams for their inspiring presentations and for sharing how they’re breaking new ground in Web3 technology. It’s exciting to see how their innovations could shape the future of the digital world. We’re also deeply thankful to our partners, National Technology Development Program NTDP and Outlier Ventures, for their tremendous effort to make this program a success story.”

According to Abu Saida this is just the beginning. The FutureSpark Base Camp cohort is one of many cohorts to come, supporting Saudi Arabia’s rapidly growing Web3 ecosystem and paving the way for more innovation.

Outlier Ventures developed Base Camp Program in KSA

This is not the first program that Outlier Ventures has participated in. In 2024 it announced the launch of its Riyadh KSA Base Camp Program. The Base Camp Program, will start in early September 2024 for a duration of 12 weeks. Investments will reach up to $100,000 to help startups who are accepted relocate to Saudi Arabia. As per Outlier Ventures website, the Riyadh-based program would take the strongest founders across the region’s most promising technology verticals, giving them the resources they need to build industry-defining startups.

Neom partnered with Animoca brands to build solid Web3 infrastructure

In 2024, Animoca Brands and Saudi Arabian NEOM Investment Fund signed a strategic partnership that included a $50 million convertible notes financing from NEOM into Animoca. In early January of 2025, Animoca Brands announced that the next step of the partnership is fast approaching and it includes building a solid web3 infrastructure using innovative technologies.

Outlier Ventures AI, tokenization and Digital Identity teams participate in Saudi Arabian Future Spark accelerator

Outlier Ventures AI, tokenization and Digital Identity teams participate in Saudi Arabian Future Spark accelerator

Outlier Ventures has announced that its AI, tokenization, digital identity teams have joined the FutureSpark Base Camp accelerator program taking place in Riyadh at Monsha’at.

The cohort comprises teams from countries including Saudi Arabia, the United States of America, the United Kingdom, United Arab Emirates, Portugal and The Marshall Islands. Collectively the founders are developing cutting-edge technologies across Gaming, Artificial Intelligence (AI), Payment Solutions, Real World Assets (RWA) and Digital Identity, helping advance the Web3 ecosystem in the region and driving technological advancements across Saudi Arabia as part of Vision2030.

Announcing the first FutureSpark Base Camp cohort with the support of NTDP is an exciting moment in Outlier Ventures’ commitment to accelerating the development of high-growth Web3 ecosystems globally.

“We are very excited to welcome the founders participating in the first FutureSpark Base Camp program in Saudi Arabia. Over the 12-week program, the cohort is gaining invaluable tailored guidance from Outlier Ventures’ team of experts, the incredible mentors and support from NTDP.” Said Stephan Apel, CEO and Founding Partner. “This unique experience will not only accelerate their growth, but also help forge meaningful connections within the rapidly developing Web3 ecosystem in Saudi Arabia. We look forward to supporting the founders as we continue to build on our mission to help grow Web3 ecosystems globally.”

The teams participating include Astra Nova (Saudi Arabia), an expansive multimedia gaming universe that leverages web3 and user generated content (UGC) for immersive gaming, Byzanlink (United Arab Emirates), a platform connecting tokenized real-world assets to onchain yield, stability, and sustainable growth.

Byzanlink is a cutting-edge Real-World Asset (RWA) tokenization platform revolutionizing the management of traditional financial assets on-chain. By seamlessly bridging traditional finance (TradeFi) with decentralized finance (DeFi), Byzanlink empowers institutions and investors with access to diverse, yield-generating opportunities. It enables asset managers and SMEs to tokenize assets, reduce operational costs, unlock new capital sources, and achieve optimal risk management, transparency, and efficiency.

Also included are Feed Protocol (United States of America) which unlocks the blockchain for developers, startups, and organizations by providing powerful data streams, Kodex (United Kingdom) a unified Digital Law and Order Protocol: Censorship-Resistant Safety Monitoring for Web3 dApps, Games and Metaverses.

Kodex is the first truly decentralized, censorship-resistant trust and safety solution for social media, online games, and metaverses. At its core is The Kode – a unified rulebook defining harmful behaviors like fraud, harassment, toxic content, and disinformation, supported by a decentralized array of AI nodes and human reviewers that operate solely based on The Kode and nothing else, ensuring a consistent, impartial approach that’s both standardized and immune to external bias.

In addition LIFT (United States of America) a decentralized platform enables non-technical users to train AI Agents to analyze sports, games, social and security video — and trigger actions based on events detected in real-time is also participating.

As well as Oumla (Saudi Arabia) who are simplifying blockchain technology by providing a secure and scalable infrastructure for businesses and government agencies. Oumla enables developers to easily build on top of blockchains. You don’t need to learn complex, low-level Blockchain-specific APIs. By using our API/SDKs, you can accelerate your time to market and minimize security concerns.

Others include Ouroboro Labs (Portugal) a Layer-3 blockchain built to seamlessly onboard millions of gamers to web3. With lightning speeds, abstractable infrastructure and games across various genres.

Sorbet (Saudi Arabia) The modern digital wallet for freelancers—collect payments globally, store earnings in USDC, and manage your business as an independent, all in one place.

Waslah (Saudi Arabia) Waslah unlocks power of energy aggregation to save money and stabilize the electric grid. Saudi built circular energy network – that connects appliances, use AI for data processing to optimize energy management. Through predictive analytics and real-time demand-supply balancing we enhance grid stability.

Finally, YalGamers (Marshall Islands), a Web3 gaming ecosystem empowering gamers to earn, and developers to build with innovative tools and social features.

The FutureSpark program forms part of Outlier Ventures’ Base Camp accelerator programs that focus on supporting founders globally helping them to accelerate their product market fit. The program will culminate in a demo day in January in Riyadh. For more information go here: https://outlierventures.io/base-camp/