Saudi’s leading Web 3 company & NFT Marketplace, NuqtahNFT signs an MoU with stc Group, the largest telecommunication provider in the MENA region.

This MoU aims to enable the semi-government entity, stc, with Web 3 technology and infrastructure and tokenize photographs from stc's "Sarha" project and mint them in the form of non-fungible assets exclusively on the Nuqtah NFT Marketplace.

stc is a leading telecommunications provider in Saudi Arabia, providing innovative solutions and services to its customers. It has become one of the largest companies in the region, offering a wide range of products and services including mobile telephony, fixed-line telephony, internet services, television, and other digital services. stc is committed to delivering the best customer experience through its advanced technology and innovative solutions. With a presence in more than 80 countries around the world and millions of customers across Saudi Arabia, stc has become a trusted name for reliable telecommunications services.

Sarha, the world's first content-generating camel, is set to take its viewers on a journey of discovery. The camel traveled around Saudi Arabia in tandem with the most skilled photographers, capturing stunning images and videos that will be shared with the world. Sarha's journey will take its viewers further than ever before with the broadest network and widest coverage. This unique project is a testament to the power of technology provided by stc and how it can be used to create amazing experiences for people all over the world.

Nuqtah and stc have come together to create a unique collaboration that will bring the world of photography and blockchain technology together. Through this collaboration, Nuqtah will be creating Non-Fungible Tokens (NFTs) from photographs taken by stc.

This Memorandum of Understanding will be exchanged on the main stage at the Leap Tech Forum in the capital, Riyadh.