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US-based Novajax acquires Jobedu

3. Jobedu-Acquisition-Photo (1)
(Photo: Jobedu)
AMMAN — Novajax, a US based Web3 company, acquired Jobedu after raising its seed round from the US and Saudi Arabia-based VCs and Angel Investors, according to a press statement. اضافة اعلان

Jobedu is a Middle East-based streetwear Arab pop culture lifestyle brand.

Founded in Amman, Jordan in 2007, Jobedu has worked with designers, illustrators, and international IP holders to produce their works on high-quality affordable apparel and accessories for retail and distribution throughout the MENA region and globally through www.jobedu.com.

Jobedu complements Novajax’s goal to bridge the gap between the digital and physical worlds by leveraging blockchain technologies.

Tamer Al-Masri, cofounder of Jobedu, said “Jobedu’s journey started in 2007, at a street market, with six designs on 600 t-shirts. That path has led us here, at the stepping stones of the metaverse. NFT technology is just the tech solution we need to further empower Jobedu’s creative community collaborations.”

NFTs have the potential to empower creatives, IPs, and communities with seamless compensation and protection through blockchain technologies.

Amer Ghanem, cofounder of Novajax said “NFT technologies are developing rapidly with many traditional companies moving to the Web3 ecosystem. Novajax is excited to onboard Jobedu to its family and bring exciting new tech to the MENA region and globally.”


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