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Showing posts with the label DIGITAL ART

UAE Climate COP28 Edition to include Digital art and Blockchain

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  The Climate COP28 UAE Edition will have the first DigitalArt4Climate & Blockchain4Climate edition. The roadmap for the edition will be discussed on May 2 nd 2023 side event which aims to shed light on the game changing potentials of digital innovation especially blockchain as an enabler of societal action for climate empowerment and local SDGs implementation. The virtual side event will focus on edutainment and youth in an effort to help the UN Climate Conference COP28 in Dubai UAE in December 2023.   The side event is being organized by IAAI GloCha. The IAAI association is a UNFCCC accredited non-profit organization based in Austria that promotes sustainable development and climate action through the use of innovative technologies, such as blockchain, artificial intelligence, and the Internet of Things (IoT). IAAI is a member of the Global Challenges Action Empowerment Consortium (GloCha), which is a network of organizations working together to tackle the world's ...

UAE MEmob Blockchain entity partners with Artifact Labs to develop metaverse fashion house

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  UAE based MEmob+, a  Blockchain data intelligence and mining platform has partnered with Artifact Labs, a premier provider of 360-degree support for brands and creators in the Metaverse, creating a metaverse fashion house, and digital art platform.  Together, the two companies will leverage the expertise of leading projects under the Artifact Labs umbrella, such as the Metaverse fashion house Ninzoou and the digital fine art platform Materia, delivering cutting-edge projects and services to brands and organizations in the MENA region.  MEmob+, along with Artifact labs, will be offering brands and companies strategic advisory for the Metaverse, utilizing Artifact’s NFT & Metaverse focused products in addition to MEmob+’s blockchain consulting for clients.  Artifact Lab's  advanced NFT platform has all the essential components; user-friendly processes without the need for external wallets, trading tools, royalties for content creators, integration with ...

UAE NFT market to reach $4.7 billion USD by 2028 up from $1 billion in 2022

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  According to a report by ResearchAndMarkets, the NFT industry in the UAE is   expected to grow steadily, recording a CAGR of 32.1% during 2022-2028. The NFT Spend Value in the country will increase from US$982.1 million in 2022 to reach US$ 4.746.3 million by 2028. As per the report the non-fungible token (NFT) scene is growing as more and more entrepreneurs, businesses, and celebrities enter the fast-growing industry. Like the rest of the world, the UAE market is also rapidly adopting NFTs. The report notes that over the last 12 months, several innovative NFT marketplaces have also emerged in the country, which has made it relatively simpler for the general public to buy, sell, and trade in NFTs. From NFT-based startups to cryptocurrency exchanges, several players are entering the UAE NFT market; the presence of several NFT marketplaces has also supported the rise in NFT trading transaction value and volume, the trend expected to gain further momentum over the next thr...

UAE MorningStar Ventures Invests $5 million in Dubai based NFT art gallery

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  UAE investment firm specializing in digital assets and blockchain technology, MorningStar has invested 5 million to open its first interactive and immersive digital art gallery, called ‘37xDubai. The NFT digital art gallery is located in the Burj Daman Tower (DIFC area), 37xDubai will be at the heart of Dubai’s business and lifestyle center as it opens its doors in Q1 of 2023. As per the press release, the global NFT market is projected to reach 23.9% between 2022 and 2028. In the UAE, 23% of people own at least one NFT, ranking the region first compared to Europe (8%) and the U.S. (2.8%). MoMa, Sotheby’s, and other institutional players in the art scene have also opened NFT or Metaverse-related initiatives or shown interest in the space over the past years. 37xDubai aims to be a bridge across Art and Technology, thereby bringing a new concept to the market focused on web3 education, traditional art, digital art, entertainment, and community. Featured artists will be able...

Visa launches NFT auction for FIFA World Cup Qatar Fans on crypto.com

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  Visa the Official Payment Technology Partner of FIFA unveiled Visa Masters of Movement, a first-of its-kind hybrid experience featuring a pre-event NFT auction and immersive activation for fans at FIFA World Cup Qatar 2022™. The Visa Masters of Movement auction features digital art inspired by iconic goals from five legendary footballers that have been minted into unique NFTs, available on Crypto.com. Later this month, the experience will come to life on an interactive pitch at the FIFA Fan Festival™ in Doha, Qatar and allow fans to create digital art inspired by their own signature movements.  Eligible fans will have the option to mint this digital art into their own NFT in partnership with Crypto.com, the official cryptocurrency trading platform sponsor of FIFA World Cup Qatar 2022™. Visa states, “As FIFA World Cup 2022™ approaches, we want to celebrate football, art and technology through the lens of what makes the FIFA World Cup™ so special – wildly impassioned fan...

Iraqi American Beauty Entrepreneur discusses investing in NFTs and Women

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  When Huda Kattan, an Iraqi American beauty Blogger launched her blog in 2010, she didn’t imagine that in 2022, she would head one of the fastest growing beauty brands in the world with over 50 million followers on Instagram and a net worth of 500 million USD. Her success actually started in Dubai UAE, when Huda and her sisters Mona and Alya created a collection of false eyelashes under the Huda Beauty brand name which later launched at Sephora in Dubai Mall. Recently Huda was invited to speak at Gary Vaynerchuk’s Web3.o and NFT conference Veecon, at US Bank Stadium in Minneapolis.   Only a handful  of women were present at the event, including Mila Kunis and Eva Longoria, Kattan spoke on her recent investments into NFTs (Non Fungible Tokens) and how few women are involved in the crypto space. Kattan currently owns hundreds of NFTs, including those from the project   World of Women NFT . As per their website, WoW’s vision is to build an inclusive web3 t...