Abu Dhabi Betting on Web3

This week, Abu Dhabi announced a massive initiative to promote web3 growth and blockchain technologies in Abu Dhabi with an initiative named, Hub71+ Digital Assets.

❗Why It Matters

In the announcement, Abu Dhabi indicates its committed to providing web3 startups with a progressive regulatory environment and world-class blockchain and virtual asset infrastructure. In addition, the program will help unicorn companies or those with a value above $1 billion with business relocation support to Abu Dhabi to help promote growth in the Middle East.

Community Quotes

This is just the beginning of a major transformation in the world of Web3 startups, and we're excited to lead the way.Hub 71

🖼️ The Big Picture

Abu Dhabi joins Saudi Arabia, Singapore and other countries looking to push forward web3 initiatives, leaning into a burgeoning industry and untapped market of opportunity and potential.

🧠 Learn More

Author Bio

Lennster

Certified NFT Bag Holder. Entered into the NFT space in 2021 and hasn't left since. Learning to code and on a mission to get abs in 2023.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.