Qurious Labs is the first Web3 focused Venture Studio model to hit the MENA market. This model serves to back bold entrepreneurs in MENA building web3 companies that utilize blockchain, digital currencies, NFTs, gaming as well as explore the Metaverse and decentralized applications leveraging.
By combining the incentive structure of a co-founder, the resources of a development agency, and the network of a venture fund, Qurious Labs is able to work with Web3 creatives and technologists who have extremely limited resources and launch world class products with them. The Venture Studio is backed by Openner, a Venture Capital firm in Egypt.
“Over half a million developers around the world are building the infrastructure that will shape an always-on, economically equitable future for society leveraging web3 and we’re excited to embark on this journey to bridge the gap between web3 and emerging marketing in the Middle East and North Africa”, says Ahmed El Wassimy, Studio Director.
Qurious Labs expects to offer a complete ecosystem for builders to launch their web3 ventures and brands to explore web3 business models. They support builders by being a one-stop shop for them to build and launch their web3 projects. Builders get insightful knowledge from experienced builders, thought leaders, and veteran investors to build and fund resilient communities, platforms, and economies.
Kareem Karam, Venture Architect at Qurious Labs, commented, “We see the potential of Web3 as a force for good, and we are eager to work with policymakers to define a vision for how to use these powerful new tools to benefit society and ensure they realize their full potential.”
Qurious Labs is focusing on venture building and venture support that will on-ramp adoption for emerging markets in MENA while delivering and capturing value with web3 communities globally.
“The way we coordinate, govern, and participate in networks will change the way we work and value our time with the growth of web3 and we believe that Qurious Labs is well positioned and resourced to unlock that potential and prioritize the development of world-class, decentralized digital infrastructure for communities everywhere,” says Ash Rofail, General Partner at Openner.
