Scoop Empire – Your Middle East Urban Destination
Gohar World – A Quirky Brand Traveling Internationally Across Dining Tables
Enter Egypt: Wegz’s Explosive Concert In Paris Puts the Egyptian Music Scene on…
Everything To Know About “The Office” Saudi Adaptation
Using Talent To Fight Against Oppression: The Cabriolet Film Festival Announces Its…
5 Stories of Disastrous Dates
Tales of Garden City: Marveling Upon Cairo’s Finest Neighborhood
5 of the Most Notorious Robberies That Took Place in the Middle East
What Social Media Could Do For The Israeli-Palestinian Conflict
Seeking Empowerment: Afghan Women Protest New Taliban Restrictions
The Unusual Spread of Monkeypox and How the UAE Is Taking Precautionary Measures
Dubai’s RTA To Add More Bus and Taxi Lanes in Hopes of Reducing Traffic & Travel…
Amazon Scamming Messages Go Viral In The Region & Here’s Why!
Guardians Of Outer Space: The UAE Chairs UN Committee on The Peaceful Uses of Outer…
How Will The Metaverse Shape Employment In The Middle East
UAE Telecom Firm e& Launches First NFT Collection
Meet Habiba Amr: One of Egypt’s Youngest Female Aviation Technicians
Saudi Arabia Hosts JAM Concert for Fans Across the Kingdom in Honor of Anime Village
Highly-Anticipated Furniture Expo Is Returning To Cairo, Here’s All You Need To…
Combining Luxury & Music: Tomorrowland To Arrive This September to Dubai’s “Al…
Exclusive: This Eid, The Biggest Rap Event In The Arab World Is Taking Place At Cairo…
Egypt Uncovers 250 Sarcophagus & 150 Statues From 500 B.C.
What You Need To Know About The Grand Egyptian Museum
A Palace Of a Thousand Stories: Inside the Historical Abdeen Palace’s Museums
From Saqqara To Petra: Learn World Wonders From Around The Region
Forbes Reveals Top 100 Middle Eastern Companies For 2022
From Luxury To Engagement: St. Regis Almasa’s General Manager, Mahmoud Sakr On Going…
The Rise Of Buy Now Pay Later: A Boon or a Burden ?
Exclusive: Founders Of Sylndr Discuss Raising $12.6 M in Pre-Seed Funding
Five Arab Designers Behind The Hottest Red Carpet Looks
Twins Hadban: The Emirati Duo Making Waves Across The Region
Yasmin Sabry Sings to The tune ‘I Will Survive’ Post Divorce
From Yasmine Kenawi to Osama Chabbi: Arab Stylists Making Waves In The Fashion Arena
Chocolate With A Cause: How Haven’s Is Empowering Women
Chouchou, Egypt’s First Éclair Bar, Opens Doors In Cairo’s Sheikh Zayed
A Taste Of The Middle East: How Bei
rut Butcher Provides Comfort For Arabs In The US
Has Fayrouz Become One of the Most Relatable Brands to the Younger Generations?
The growing interest surrounding NFTs has become inevitable, the blockchain technology allows you to buy digital assets with a certificate of authenticity and ownership. We have already witnessed regional digital artists including Aya Tarek and Kristel Bechara launching their exceptional NFT collections. Yet, what was assumed to be a passing fad now has established companies from various industries pitching in. The rise in popularity amongst art collectors, tech enthusiast and even billionaires has unlocked potential for major companies to follow through with the hype over NFTs. Speaking of regional companies, UAE telecom company e&, formerly known as Etisalat Group, has announced the Middle East’s first collection of non-fungible tokens.
About the collection
The NFT collection was designed and sourced in the UAE, with the first set planned to be distributed selectively. What we know is that the collection will be inspired by the company’s three core pillars of networking, telecommunication and digital transformation. e& will provide more information later in the process as its NFT plans develop further. The company considers this a progressive milestone as they become the first technology and investment conglomerate in the region to launch NFTs. Commenting on the NFT collection, Hatem Dowidar, CEO of e& said, “the NFTs designs were sourced in the UAE, where we are keen to support the local development of new products, technologies and solutions. This is a unique opportunity to celebrate how far we’ve come as a company and to continue exploring what’s next on the horizon. We live in the renaissance of connectivity where we must capitalize on every opportunity that strengthens our continued leadership as the champion digital telco in a hyper-connected world.”
Guardians Of Outer Space: The UAE Chairs UN Committee on The Peaceful…
Who’s behind the collection ?
e& is the company behind the first telecom NFT collection. e& was previously known as Etisalat Group after changing their identity back in February 2022. The company is committed for providing digital services for customers and bringing advanced and next generation technologies to the UAE. e& has shown solid performance since changing their identity into a global technology and investment conglomerate February and they have continued to offer innovative tech solutions to it’s customers. The company appears to be on track and are looking to diversify their portfolio through investing in the NFT market, with their AED 10 billion investment in blockchain technology last year.
Lightspeed 5G
In their press release, e& explained the importance of 5G technology for their NFT collection. For the NFT industry, 5G technology is a key partner and there are several benefits to it. That is because it offers low latency, light speed and reduced capacity that provides the ability for art collectors to experience complex interactive and immersive images rather than simple static images. Also, the network that supports NFTs must provide extremely fast connection to enable accurate bidding on the NFT to the nearest millisecond. Furthermore, a 5G network provides comprehensive security mechanisms to protect the precious asset and finally allows the owner constant and reliable access regardless of the NFT data size.
WE SAID THIS: Don’t miss… Combining Speed And Modern-Day Collectibles: Dubai Launches World’s First Supercar NFT Series
An ambitious writer led by passion, inspiration and curiosity with an interest in all things business. Since childhood, she’s been interested in asking all the right questions. A firm believer of living life with compassion and empathy. She loves traveling , exploring and being immersed in different cultures.
UAE Telecom Firm e& Launches First NFT Collection – Scoop Empire
Haziran 7, 2022