Skip to main content

Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police NFT collection.

First Government Entity in UAE to Mint NFTs

Dubai Police is set to roll out its next collection of non-fungible tokens (NFT) just months after the initial collection saw nearly 23 million people show an interest in acquiring them, a report has said. According to the report, the law enforcement agency’s second collection of NFTs will be rolled out at this year’s edition of GITEX.

After the rollout of its first collection, Dubai Police reportedly became the first government entity in the United Arab Emirates (UAE), and one of the first in the world, to mint NFTs. Since then, the law enforcement agency claims it has received more than 7,000 messages from people interested in the tokens.

Dubai Police Digital Asset Raffle

Further, in his remarks published by Khaleej Times, Khalid Nasser Al Razooqi, the director of the General Department of Artificial Intelligence at the Dubai Police, said:

All participants were contacted to confirm digital wallet addresses, and those who met the requirements were shortlisted in a raffle draw, of which 150 individuals won and received the Dubai Police digital assets for free.

The director suggested that just like the initial NFT collection, people from outside the country will also get a chance to own Dubai Police’s next collection without paying anything.

Meanwhile, Al Razooqi is quoted in another report breaking down the details of the most interactive countries. As per the report, the most interactive countries include the UAE, Nigeria, India, the United States of America, and Saudi Arabia. Together, these countries reportedly accounted for a total of 589,173 views of Dubai Police NFT-related news.

Out of this total, 418,693 of these views were on Twitter, 24,282 were on Facebook, and 146,198 were on Instagram, Al Razooqi said.

What are your thoughts on this story? Let us know what you think in the comments section below.



from Bitcoin News https://ift.tt/1CDEomF

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...

DefiDollar Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the DefiDollar Token (DFD) under the pair USDT/DFD on Apr 29 at 1:00 p.m. UTC. DefiDollar is a DeFi lab that aims to bring mass adoption to DeFi with a wide-ranging product suite. The first product offering to go live will be the stablecoin index – DUSD, with ibBTC and optionCoin currently in development. DefiDollar (DUSD) aspires to be a risk-insured stablecoin layer for DeFi. It is designed to provide a safe and stable way for users to hold their assets with DUSD being optimized for peg safety, yield, and diversification. DefiDollar uses DeFi primitives to stay close to the dollar mark. DUSD provides an avenue for diversifying stablecoin holdings to hedge against an event where the underlying stablecoins like Tether or DAI deviate from their peg. DUSD is collateralized by Curve Finance LP tokens. DFD is the n...