UAE evolving as investment, tech hub says Lead Ventures CEO Al Banna

  • Date: 14-Aug-2022
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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UAE evolving as investment, tech hub says Lead Ventures CEO Al Banna

Dubai-based Al Banna is in his thirties and bullish about the emerging Web3.0 trends which compelled him to venture into Cryptoarabs.art.

“My main objective to venture in Cryptoarabs.art has been to educate the Arab world and give access to the crypto arabs holders. Lead

Ventures, founded by me, has an extensive business network across the world and my objective is to give Cryptoarab holders access to this network in Dubai and the World,” said Al Banna.

Adi K Mishra, co-founder Crypto Arabs and founder of Karma Innovations has funded the project and has been instrumental in bringing fundamental utility value to this project in addition to Ralf Glabischnig, founder of Crypto Oasis. Al Banna is very optimistic that the nation and Dubai particularly is “future forward” thanks to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum,Vice-President and Prime Minister of the UAE and Ruler of Dubai. The emirate is witnessing wide launch of crypto, Non-Fungible Tokens (NFTs) and metaverse.

While the popularity of non-fungible tokens (NFTs) clearly skyrocketed last year, new research from Chainalysis, the blockchain data platform, indicates that while activity is stabilising, spending through 2022 is on track to reach all-time highs. The report found collectors have sent over