FIFA 2022 in Qatar will have Blockchain supported Wallet
FIFA World Cup Qatar 2022 will have a blockchain supported wallet. FIFA organization has teamed up with Algorand Blockchain company for both a sponsorship and technical partnership deal. Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World […]
UAE based Meetsmeta to launch metaverse city built on NFTs
UAE Based MeetsMeta, is set to launch a virtual city in the metaverse built on top of NFTs ( Nonfungible Tokens). The metaverse city will feature an exclusive pass-based access where people all around the world can have access to the benefits of the blockchain metaverse: p2e games, exclusive collectibles and wearables, digital goods, digital […]
Dubai’s virtual assets regulatory authority the first regulator in metaverse
Dubai’s Virtual Assets Regulatory Authority (VARA) is the first regulator in the Metaverse with the establishment of its Metaverse HQ in the dynamic virtual world of ‘The Sandbox’. As the world’s first regulator to make its debut in the Metaverse, Dubai Virtual assets regulator (VARA) seeks to ensure that the regulator is accessible to its […]
UAE Nakheel and Hayvn offer crypto payment options for Nakheel clients
UAE Properties developer Nakheel and Abu Dhabi based crypto exchange Hayvn partner to offer crypto payment options for Nakheel clients. Nakheel clients are able to pay for their rent, service fee, and real estate purchases in cryptocurrency. This is the first time a regulated UAE real estate cryptocurrency payment solution is in play, Hayvn said […]
UAE based Fasset digital asset exchange will tokenize solar energy
UAE based Fasset, a digital asset exchange and provider of real world asset tokens, operating out of DMCC ( Dubai Multi Commodities Centre) will tokenize solar energy assets of UAE’s SirajPower’s. This initiative is the first of its kind in the UAE and MENA region. Fasset digital asset exchange signed an MOU ( Memorandum of […]
UAE Union Square House to launch mansions in the metaverse
UAE Union Square House (USH), real estate brokerage in Dubai, is set to launch mansions in the metaverse across the MENA region. According to recent market data, real estate sales in the Metaverse reached $500 million in 2021, and the sales volume is expected to double in 2022. The metaverse real estate market is projected to grow at a […]
Arab Ethereum built DCB NFT raffle game platform launches
Arab Ethereum built DCB ( Dot Com Billionaires), a raffle game NFT Blockchain platform using DeFi ( Decentralized Finance), and Decentralized Autonomous Organizations utilizing Chainlink network has launched. Backed by Qatar founder Ayman Joma with advisors such as well known Lebanese TV presenter Wissam Breidy, the platform aims to position itself as the biggest NFT […]
UAE DAMAC Group under D-Labs to invest 100 million USD in metaverse
UAE Damac Group, under D-Labs to invest 100 million USD in digital cities in the metaverse utilizing NFTs. The group will be run under the banner, D-Labs’, and will be led by Ali Sajwani, the CEO of D-Labs and DAMAC General Manager. In Februrary of 2022, Sajwani had announced that they would be launching metaverse […]
UAE Banks Federation discuss blockchain and crypto compliance
UAE Banks Federation organized a Blockchain and Cryptocurrency briefing session focused on risk and compliance. The session covered several topics, including the limitations and challenges that are faced conducting cryptocurrency investigations, a case study on how an investigation can be conducted, and a look at the regulatory landscape as well as the practical solutions to […]
Middle East Gaming agency partners with Crypto Exchange
Middle East Esports & Gaming Agency (EGA) and crypto exchange BitOasis, have launched integrating cryptocurrency with gaming through its first ever tournament, the ‘BitOasis Rainbow 6 Siege Invitationals.’ BitOasis Rainbow Six Siege Invitationals had the biggest and most elite R6S teams battling it out for bragging rights as well as a prize pool of $5,000. […]