Abu Dhabi firms give all women in the UAE capital ‘free crypto’

As the cryptocurrency industry expands across borders and industries, organizations and governments are developing frameworks and projects to accelerate and intensify digital asset adoption — across all demographics – and Abu Dhabi enterprises are among them.

Access Abu Dhabi and the Abu Dhabi Investment Office (ADIO) have partnered with Web3 identity platform and NFT domain name provider Unstoppable Domains to provide free crypto domains to all women residing in the UAE capital.

The giveaway aims to provide opportunities for more women to learn about and ultimately participate in Web3, a space where only 5% to 7% of all cryptocurrency users are women and just 12% work in blockchain.

The statement came as part of a visit to the UAE capital by the “Women of Web3,” a U.S. organization that collects female digital entrepreneurs wanting to develop globally, with this emirate as a starting point.

Senior Vice President of Unstoppable Domains and founder of Unstoppable Women of Web3, Sandy Carter said that:

“Providing free crypto, NFT and blockchain domains to all women in Abu Dhabi is a power move that ensures women will be included in increasing numbers within the fabric of the Web3 movement for generations to come. The immense support that we’ve received from ADIO and Maven Global Access proves that Abu Dhabi doesn’t just believe in a more inclusive and decentralised future, but is actively building it.”

On behalf of ADIO, its Acting Director General, Eng. Abdulla Abdul Aziz Al Shamsi explained that:

“Abu Dhabi is ensuring the future of Web3 is built around a powerful infrastructure that appeals to all members of the community. By supporting initiatives that invite and uplift women, we can champion diversity early in the Web3 era.”

As it happens, the emirate is already establishing itself as a center for cryptocurrency development. Mubadala Investment Company, one of the UAE’s sovereign wealth funds, will invest in the “crypto ecosystem” in December 2021. It is worth noting that Eng. Abdulla Abdul Aziz Al Shamsi also serves as Mubadala’s Head of Investments and New Initiatives.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News