Quality innovations and initiatives that impose their presence in the field of irreplaceable digital tokens

"The Most Beautiful Business" in the Emirates enriches the world of "NFTs"

  • The collection of irreplaceable symbols for the Museum of the Future will be centered around "The Most Beautiful Building on Earth".

    archival

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Non-fungible digital tokens (NFTs) have made their presence felt on the scene recently, especially with the increasing amount of investment in this type, such as paintings, music tracks, novels, games, and even tweets, and the CEO of Twitter and one of the founders of the famous site, Jack Dorsey, his first tweet ever on the site, amounted to $2.9 million.

This continuous movement made many specialists see that these symbols represent the future of investment in the field of creative arts, based on the increasing percentage of sales of these symbols according to global reports, while some maintain their ability to compete with traditional forms in the real world.

For its part, the UAE was keen to take the lead in entering this promising world, the world of non-fungible tokens, as part of its strategy to create a new global system for the exchange of digital assets, which will have a prominent role in promoting the growth of the country’s digital economy in the long term. Among the projects and initiatives in this field, most notably the “Metaverse Dubai” platform, which is the first global virtual platform located on a realistic map in the world, which allows people to buy, sell and own non-fungible digital tokens (NFTs) using blockchain technology and digital innovation, and allows investors Business owners and consumers create their own digital identities, build communities, and participate in various business and networking activities at Metaverse Dubai.

Achieving leadership

The Museum of the Future in Dubai announced that it has entered into a strategic partnership with the Binance NFT platform, which specializes in trading non-fungible tokens, with the aim of launching a set of digital products based on blockchain technology. The most beautiful in the world of metaverse" with the technology of irreplaceable symbols.

The Museum of the Future is currently working on developing a group of digital assets, and is also seeking to achieve leadership in the development of cryptocurrency technologies. On Earth” to set new standards for the non-fungible token business around the world.

rare collection

Many institutions in the UAE were keen to enter the field of non-replaceable symbols or organize workshops to introduce them and open the way for those interested to contribute to them, so the National Archives and Library launched a rare set of assets (NFTs), to be the first archival authority in the world to launch these This initiative is an important step to keep pace with the technological digital future with the latest technologies globally, to adopt a smart transformation into the virtual world. .

This collection of historical photographs is an important part of the documentary archive owned by the National Archives and Library, and historical documents that monitor the emergence of the state in its various stages and fields, starting from the stage before the establishment of the union, and beyond, and the growth, development and progress of the state. With the efforts of the late Sheikh Zayed bin Sultan Al Nahyan, may God rest his soul, and his brothers the founding fathers, and the efforts of the leadership that followed in their footsteps.

"Art + Technology"

on his part;

Abu Dhabi Art, in this year’s edition of the annual “Art + Technology” program, which was organized from June 6-15 as part of the annual program, focused on non-fungible digital tokens (NFTs), digital art and the metaphysics world, and organized A workshop that addressed the identity and importance of these symbols, and also allowed the participants from art students and technology students to work together to develop non-replaceable digital codes, under the supervision of experts in non-replaceable digital codes, the "Moro Collective" group, the community arm of the Fatima bint Mohammed bin Zayed Initiative, In addition to artists specialized in this field.

It will be shown later during Abu Dhabi Art in November.

Students who designed the digital symbols selected in the categories of “Artists’ Choice” and “Moro’s Choice,” among other categories, will be honored.

Also, last March, the Department of Culture and Tourism - Abu Dhabi organized the first workshop of its kind at the level of government institutions in the country to create its own artwork using the non-replaceable symbol technology, with the participation of more than 220 employees, who collaborated on creating artwork using this digital technology. .

Meanwhile, the Atarius Network, the partner of the Abu Dhabi Games and Esports Initiative, launched its new digital currency under the name ATRN, with the aim of establishing an integrated system for electronic games supported by Blockchain technology in Abu Dhabi, to be the first currency of its kind in the region.

This digital currency will enable the full potential of the platform, and by integrating blockchain technology, smart contracts, non-fungible digital tokens, and cryptocurrencies, Atarius Network will provide an integrated gaming ecosystem for game studios that want to invest in the concept of a blockchain-based online world. Chen Web3.

Non-fungible tokens (NFTs) first appeared in 2014, and in 2019 gained worldwide fame as a popular way to buy and sell digital creative arts, their sales reached big numbers last year.

«popular cartoon»

The famous Emirati cartoon series "Shaabiyat Al Cartoon", which aired its 16th season last Ramadan, became the first Arab animation work to be converted to a group of non-fungible assets, and the group will deal with 10 famous characters in the program.

The project includes a collection of 9,999 unique pieces of artwork represented digitally in the form of non-fungible assets, within the non-fungible assets project, led by “Crypto Arabs”, to educate community members about the sectors of currencies and digital assets, the third generation of the web, and non-fungible assets. (NFTs), through the "Learn and Earn" initiative in Metaverse.

The UAE was keen to take the lead in entering this world, as part of its strategy to create a new global system for the exchange of digital assets.

The National Archives and Library launched a rare collection of assets (NFTs), to be the first archival body in the world to enter this field.

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