Last Updated on September 13, 2024 by Nisar
signed Memorandum of Understanding (MoU) in Riyadh, Saudi Arabia
In Riyadh, Saudi Arabia, Alpha Jossor Investments, an investment firm, and Blockchain Sports Ecosystem, a software company based in the UK, have inked a Memorandum of Understanding (MoU). The agreement intends to build a cutting-edge sports center in Saudi Arabia for $3.3 billion. A sports academy for both domestic and foreign athletes, a digital ID platform for talent spotting, a digital property management platform, and real estate infrastructure encircling the academy are just a few of the amenities that the complex will offer.
An ambitious project aimed at MENA region sports revolutionization
The goal of the massive project is to build one of the most cutting-edge sports complexes in the MENA area. In order to leverage cutting-edge technology and draw in direct investments in sports and entertainment, Alpha Jossor Investments, directed by Abdulrahman Al-Qarni, will work with Blockchain Sports Ecosystem, led by founder Dmitry Saksonov. Prominent football players that attended the signing of the Memorandum of Understanding in Riyadh, including Jens Lehmann, Mikael Silvestre, Jay-Jay Okocha, and Kevin Kuranyi, expressed support for the project.
Proprietary Football Academy and Property Development
New real estate projects and a modern football academy with integrated training solutions are part of the creative sports complex. These projects will improve the area’s appeal to international investors and increase tourism in line with the smart sports city concept. This initiative will be realized with the help of representatives from the Blockchain Sports Ecosystem and business sector organizations from three continents.
An Important Collaboration for MENA Sports and Financial Prospects
The founder of Blockchain Sports Ecosystem, Dmitry Saksonov, expressed optimism for the collaboration and called it a major turning point for the MENA area. He underlined the Middle East’s capacity to carry out ambitious, creative initiatives and expressed confidence that the planned complex will establish new benchmarks for the world’s sports community.
The Position of Alpha Jossor Investments in Saudi Vision 2030
For creative projects in line with Saudi Vision 2030, Alpha Jossor Investments acts as a strategic partner, bridging the gap between multinational corporations and regional financiers. The business focuses in finding, organizing, and overseeing high-performing investment opportunities in a range of industries. The collaboration is a significant step toward developing a cutting-edge sports hub in Saudi Arabia, according to Alpha Jossor Investments CEO Faisal Janahi, who also reaffirmed the company’s dedication to long-term growth.
A Digital Real Estate Platform to Promote the Development of Smart Cities
Plans for a digital platform to handle real estate transactions online are included in the memorandum of understanding. The project’s real estate component will include private projects with about 3,330 flats and 1,500 villas constructed in accordance with the smart city idea. The goal of this $1.6 billion project is to encourage environmentally conscious and sustainable urban life in the vicinity of the sports school.
Blockchain Sports Ecosystem: Blending Sports and Technology
Blockchain Sports Ecosystem is in the forefront of incorporating advanced performance tracking, AI, XR, and blockchain technology into sports. It has over 1,200 tech and sports experts spread across 8 nations. More than 30 football academies and alliances with elite football players are part of the company’s global network. The new FootUnion app from Blockchain Sports Ecosystem, along with other technology solutions, aims to improve young athletes’ development globally.
Global Football Legends Support Initiatives in the Blockchain Sports Ecosystem
More than fifty of the best football players, including Kevin Kuranyi, Wesley Sneijder, David Trezeguet, Zico, Edmilson, Ze Roberto, and Romario, have endorsed the brand. It is anticipated that these sponsorships will increase the new sports complex’s legitimacy and outreach, as well as related projects.
A Digital Identity Platform for Scouting and Athlete Identification
One of the main goals of the collaboration is to create a digital ID platform that securely stores athlete data. This network will improve international scouting and talent identification procedures by connecting partner academies from 16 countries and facilitating transparent transactions within the sports business.
Global Recognition for Intellectual Property Protection
With recognition in 181 nations, including Saudi Arabia, the Blockchain Sports Ecosystem’s technologies are all protected as intellectual property by the INTEROCO Copyright Office in Germany. The company’s dedication to innovation and data security is demonstrated by this widespread recognition.
Concerning the Blockchain Sports Ecosystem
An international tech startup called Blockchain Sports Ecosystem is utilizing blockchain, AI, VR, and performance tracking to construct the sports of the future. The company, which has offices and a headquarters in Dubai, runs football academies and collaborates with organizations all around the world to use cutting-edge technology to develop the next generation of football stars.
About Jossor Investments, Inc.
Alpha Jossor Investments wants to support Saudi Vision 2030 and build strategic alliances in order to draw in both domestic and foreign investment. The organization strives to strengthen Saudi Arabia’s standing as a top location for investments, promoting long-term, steady economic expansion.