Free co-working space now opens at Jumeirah Beach Residence

  • Date: 05-May-2023
  • Source: Gulf Business
  • Sector:Financial Markets
  • Country:UAE
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Free co-working space now opens at Jumeirah Beach Residence

Cypher Capital, an investment firm located in the UAE, has opened the doors of its Cypher Hub. The hub will offer UAE-based Web3 and blockchain developers as well as international visitors a free-of-charge co-working space located on Jumeirah Beach Residence, Dubai. Spreading across 10,000 sq ft and with a total capacity of 80 desks, the hub is specifically designed for Web3 founders and entrepreneurs to collaborate, network and partner. Beyond a space to work and collaborate, Cypher Hub will serve as a cultural centre and host art shows, speakers, as well as other interactive events. Vineet Budki, managing partner and CEO, said: “We are immensely proud to launch Cypher Hub and we’re confident that our facility is among the best in the world. What differentiates it is the intention behind Cypher Hub – to develop a space intended to give back to the community and in turn help make Dubai an attractive destination for innovators and investors in the web3 and blockchain space. Effectively we’re helping the community that’s helping us thrive. We want to show Web3 founders that Cypher Capital is leading the way in supporting the Web3 Ecosystem and give access to a network of likeminded. And, beyond