UAE BANTgo, a cleantech blockchain startup developer and creator of  Impact2earn e-waste chatbot for messengers has received investment from UAE royal family investor. The investor has chosen to remain discreet regarding both identity as well as size of investment. BANTgo had also participated tat the Bedayat Business incubator organized by SEE institute in UAE. The Bedayat announcements for selection of participants for Sustainable City are still undergoing.  Sergei Ivanov, Co-Fouder of BANTgo, stated, “BANTgo impact2earn has successfully secured investment for its development in the United Arab Emirates. The investor, a representative of one of the most prominent Royal Families in the #UAE, has chosen to remain discreet regarding the valuation and size of the investment. Our goal was not merely to attract funding from Bedayat Business Incubator but to gain approval for pilot launches in The Sustainable City in Dubai. This will help us further our mission of emp...

  Even before the UAE and specifically Dubai release their crypto mining regulations, companies have already started operating in the country. Recently 2Bminer, crypto mining hosting center with operations in the UAE, Czech Republic, and USA, signed a partnership agreement with UAE Seed Group, a company of the Private office of Sheikh Saeed Bin Ahmed Al Maktoum. The announcement and the fact that 2Bminer is present in the UAE is not surprising. Prior to this, UAE-based Phoenix Technology Consultants signed a $650 million order for crypto mining rigs as part of its expansion plans in UAE and MENA region, while a UAE Sovereign wealth Fund is building one of the biggest crypto mining farms in the region under the strategic guidance of Roland Berger. It would seem that 2BMiner is espousing its ecofriendly nature. As per 2Bminer website, their crypto mining machines mainly use hydro, wind and solar power. Sustainability is something that the UAE government is keen on. The company o...