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MENA based Arts DAO NFT community partners with Crypto wallet provider Ledger

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  MENA based Arts DAO (Decentralized Autonomous Organization) and NFT and Web3 community with presence in UAE, has partnered with Ledger, a digital asset storage provider, to offer hardware crypto wallet solutions to its members.  Arts DAO is currently investing in blue-chip NFTs, supporting major corporations with their Web3 strategy, and backing great founders building in Web3. France-based Ledger, which employs more than 800 people has sold more than five million devices to customers in 200 different countries and is responsible for securing 20 percent of all crypto assets stored globally as of today. ‘100 Ledger NFTs,’ the first Ledger NFTs ever released, were part of a limited-edition collection created by Arts DAO to honor this groundbreaking partnership. Additionally, Arts DAO provided community members with branded ledgers, allowing NFT owners to claim a physical Ledger hard wallet. “Ledgers are a so-called ‘cold storage’ solution,” explains Danosch Zahedi, Co-Founder...

Maxya Proof of Useful Work Blockchain platform launches from Qatar

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  Two professors at Qatar university came together to build a blockchain network from scratch that would not only be utilized as a ledger but also as a super computer. They named it Maxya given that its consensus mechanism creates added value by solving optimization problems for business. Lebanese-Canadian national Mazen El Masri, Co-Founder and CEO and  Syrian-French national Karim Yafi, CO-Founder and CTO, of Genesis Technologies, the tech company which developed Maxya, both Associate Professors at Qatar University started their project three years ago with a $2.6 million fund for an applied research program from Qatar National Research Fund, today they have launched MaxYa test net and are testing it with Qatar’s local sectors. The duo developed their consensus mechanism which they called “Proof of Useful Work”.   The Proof-of-Useful-Work (PoUW)” is an alternative mechanism for transaction validation that repurposes the squandered computing resources to beneficial ...