Animoca Brand’s Sandbox to Launch Metaverse in Dubai and Other Global Cities
The Sandbox, a subsidiary of Animoca Brands Corp. Ltd., the Hong Kong-based game software and venture capital company, will be taking its Hong Kong metaverse strategy to a new market in Dubai, launching a “Dubaiverse,” the company said at the 62nd edition of the True Global Ventures Conference on Thursday. Animoca Brand’s Dubai-themed metaverse will follow […]
Inery Secures Investment from Metavest Worth $128m
Inery, a decentralized data management system, has secured an investment from web3-focused blockchain VC firm Metavest in the first week of September at the valuation of $128m. Through this funding, Inery aims to expand its use cases—particularly in GameFi, where the company seeks to explore the full potential of the booming gaming industry with verified […]
The World’s Flagship Blockchain Event is Around the Corner
Excitement for the World’s Most Global Blockchain & Crypto Conference is at its peak as Blockchain Economy Dubai Summit date is approaching. Blockchain Economy Events are attended by famous TV&Film Stars, Pop-Stars, Ministries and industry leaders such as Blockchain.com, MicroStrategy, KuCoin, Crypto.com, BITMAIN, Ledger, Kraken, Gate.io, BitMex, OKX and many more since its very first […]
University of Sharjah and BSV Blockchain’s Association to Develop a Blockchain-based Metaverse System
The BSV Blockchain Association (Switzerland) and the University of Sharjah (UAE) have launched a joint research project to develop a blockchain-based Metaverse system to preserve the UAE culture and heritage, and maintain its ownership as a digital asset. The project also covers a showcase platform as a trading marketplace for exchanging the physical originals as well as the virtual […]
Global Experts on Metaverse and Web 3.0 Gather in Dubai for the Second Edition of MetaWeek
The MetaWeek Summit took place on September 12-13, 2022 at Grand Hyatt Dubai. Insightful sessions on stage brought together the brightest minds of the Metaverse industry and the Dubai community. Digitization of spiritual life of communities and even the religious life of people was discussed during a fireside chat with Juwan Lee, Founder & Chairman […]
MoIAT Launches Digital Platform for ICV Program Certification
The National Committee for the In-Country Value (ICV) Program, headed by the Ministry of Industry and Advanced Technology (MoIAT), has announced the launch of a new digital platform for companies to obtain the national ICV certificate. Supported by artificial intelligence technology, the new platform is in line with the ministry’s strategy to empower the industrial […]
OpenNode Sets Up BTC Payment Infrastructure for Bank of Bahrain
As per the latest development, the Central Bank of Bahrain is working with Bitcoin payments infrastructure firm OpenNode to test Bitcoin payments and payout solutions in the country. This test shall happen via a regulatory Sandbox of the Central Bank of Bahrain. So far, Bitcoin payments have been non-existent on the Middle East island. However, there’s […]
ADGM’s FSRA Publishes Guidelines on Approach to Virtual Asset Regulation and Supervision
Abu Dhabi Global Market (ADGM), the International Financial Centre of the UAE’s capital city, announced today that its financial regulator, the Financial Services Regulatory Authority (FSRA), has published Guiding Principles on its approach to virtual asset regulation and supervision as a way to outline its expectations for the asset class and service providers in the […]
FinTech in the MENA Region Surpasses $819 Million, 14 Times More Than in 2016
Investments in FinTech across the Middle East and North Africa (MENA) have already surpassed $819 million in the first half of 2022. This is almost 14 times more than in 2016. The demographic makeup of the MENA area presents a significant window of opportunity. More than 60% of the people are under the age of […]
Web3 Delight Abu Dhabi: Unleashing the Potential for Future Tech Development
After the first successful event in Lagos, Nigeria, the Web3 Delight is moving to the thriving capital of UAE. Abu Dhabi Web3 Delight is a unique next-generation event dedicated to developing and adopting blockchain in the growth markets. It’s the second in the series of Web3 conferences organized in emerging markets by SwiftMotion Media, a […]