Shadid’s investment builds on his remarkable success as the founder of IO.NET, which he led to a valuation of $4.5 billion within just 12 months
decentralised
Latest in decentralised
Artificial intelligence
Zero Gravity Labs secures $290mn to build world’s first decentralised AI operating system
As the world’s first decentralized AI operating system, dAIOS will operate at the intersection of web3 and artificial intelligence
brand identity
UAE-based Positive Zero unveils new brand, consolidates subsidiaries under one company
The brand launch follows the company’s recent announcement of a landmark investment of up to $400 million from BlackRock’s Diversified Infrastructure team
Blockchain
IslamicCoin to revolutionise crypto play by community members with HaqqPad launch
The initiative will be further bolstered with the support of a highly liquid Ecosystem Fund
Blockchain
Revealed: Islamic Coin to drive major Shariah-compliant NFT expansion
The move comes close on the heels of the Islamic Coin announcing Sept 1 for launch of its token on crypto exchanges, and a new $200 million fundraising
Blockchain
Liminal partners with Figment to offer virtual money users staking rewards
Protocol staking is a process in which token holders stake their tokens to help decentralise, secure, and maintain the health of blockchain networks
Artificial intelligence
Brands that ignore Web3 will be left behind
Some businesses have yet to realise that the Web3 paradigm shift has already begun
$FOMO token
Fomo Lab launches new NFT product – $FOMO token
$FOMO token can be used by users on the Avenue NFT marketplace as a token to purchase, sell and list digital assets
Blockchain
Million, a SocialFi platform set to launch in the Middle East
The first NFT-powered social media platform that offers connection, transaction and monetization will launch at the end of 2022
Bitcoin
‘Crypto winter’ woes reach scorching Gulf shores amid rising credibility concerns
Investors in the Middle East tend to be more sensitive to volatility and risky assets, an expert said
Abu Dhabi
Women in business will gain ‘greater access to funding’ because of free crypto domains: expert
The Abu Dhabi programme will not only inspire more female participation in crypto, but will also enhance and increase the industry’s legitimacy, experts said
Abu Dhabi
Women residing in Abu Dhabi to get free crypto, NFT, and blockchain domains
The initiative provides women with complete control of their data and content within a space that they fully own, as opposed to Web2 domains that are leased for fixed periods through third-party brokers
decentralised
Dubai to put metaverse into a legal framework: Obstacles and forecasts
The trend is clear: The integration of regulatory authorities into the metaverse has begun, and where one entity enters, others will follow over time
Blockchain
Dubai-based crypto, blockchain education platform raises $2mn in pre-seed funding
Coinmarketpedia has onboarded more than 70 instructors and offers an entire library of more than 160 on-demand courses
American Hospital Dubai
Mental health in the metaverse: Experts raise concerns over anxiety, depression
Decentralisation of the metaverse might be one way to reduce potential adverse mental health outcomes, experts said