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Initiative launched in Abu Dhabi to grant women free crypto, NFTs & Blockchain domain

Initiative launched in Abu Dhabi to grant women free crypto, NFTs & Blockchain domain

All women residents in Abu Dhabi will be provided free crypto, NFT, and blockchain domains as part of a new initiative to be enforced in the UAE capital. The campaign sees Access Abu Dhabi and the Abu Dhabi Investment Office (ADIO) partner with a Web3 identity platform and NFT domain name provider Unstoppable Domains to provide free crypto domains to women.

Highlighting Abu Dhabi’s mission to champion opportunities for women in business, Eng Abdulla Abdul Aziz Al Shamsi, the acting director general of ADIO, said: “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.”

The initiative offers women in Abu Dhabi the opportunity to capitalise on Web3 opportunities. It provides them with a decentralised web address and digital identity that gives them complete control of their data and content within a space that they fully own, as opposed to Web2 domains, which are leased for fixed periods through third-party brokers.

Al Shamsi added: “The partnership with Unstoppable Domains to provide free crypto domains to all women in Abu Dhabi embodies the emirate’s promise of inclusion, while creating opportunities for private sector participation in a fast-growing space.”

The giveaway aims to provide opportunities for more women to learn about and ultimately participate in Web3.

Currently, only 5 percent to 7 percent of all cryptocurrency users are women, and only 12 percent of people who work in blockchain are women.

Ramping up women’s participation in the Web3 space

The initiative was announced during a delegation visit to Abu Dhabi by the ‘Women of Web3′, a powerhouse group of disruptive female tech entrepreneurs from the United States exploring the emirate as a gateway for global expansion.

The ‘Women of Web3’ delegation is hosted by Access Abu Dhabi, a Maven Global Access programme powered by the ADIO.

The programme seeks to empower minority and women-owned businesses in a high-growth country where 50 percent of the small to medium-sized enterprises are already women-owned.

Sandy Carter, SVP of Unstoppable Domains and Founder of Unstoppable Women of Web3, said: “It’s great to see Abu Dhabi leading the mission to bring Web3 opportunities to women in the Middle East. It has been an honour to be a part of the ‘Women of Web3’ delegation, and I am grateful to Access Abu Dhabi and ADIO for providing such an immersive look into Abu Dhabi’s business and technology ecosystem.

“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.”

She added: “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.”

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As Abu Dhabi ramps up efforts to become the Middle East’s crypto hub, the emirate is ensuring the necessary tools and resources are available to encourage active participation in the Web3 space from women across all communities.

One pillar of blockchain technology, which has been instrumental in fueling its popularity is its potential to offer access that transcends geographical and financial limitations that excluded groups in the past.

Women in Abu Dhabi can visit the Unstoppable Domains link to get their free domain.

The managing partner of Maven Global Access and founder of Access Abu Dhabi, Sarah Omolewu, said: “In a market of expats from more than 200 countries, this initiative could potentially impact the lives of generations of women around the world. This is the legacy-building impact I envisioned for the Access Abu Dhabi programme.

Omolewu added: “While the financial gap between male and female founders still exists, the game is changing, and more women recognise the value of emerging technologies in growing and funding their businesses. I’m honoured and humbled to have received the support of the Abu Dhabi Investment Office and Unstoppable Domains to make this moment possible.”

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