Dubai’s Museum of the Future is to launch its first non-fungible token (NFT) collection — The Most Beautiful NFTs in the metaverse — as it aims to develop a range of products on the blockchain.
The collection will be in collaboration with Binance NFT, the NFT marketplace of Binance, the world’s largest cryptocurrency exchange.
Binance has been expanding its presence in the Middle East, following approvals to operate in Bahrain and Dubai, and has received in-principle approval from the Abu Dhabi Global Market.
“Museum of the Future’s partnership with the world’s largest cryptocurrency and blockchain ecosystem player makes a significant contribution towards Dubai’s plans to establish a new international digital asset ecosystem, which will, in turn, generate long-term economic growth within the digital economy,” Omar Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, said in a statement.
The first NFT drop is set to be announced in the coming weeks, “with the collection to be intrinsically linked to ‘The Most Beautiful Building on Earth’, aiming to set new standards for NFTs worldwide”, Museum of the Future said.
The museum was inaugurated by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, in February.
The museum was hailed as one of the most beautiful buildings on Earth in a 2021 list compiled by National Geographic magazine — and that was before its construction was even completed.
The 77-metre-tall architectural marvel houses a series of interactive exhibitions that give visitors the chance to experience the technologies and trends that promise to shape the future of humanity. Spanning an area of 30,000 square metres, the pillar-less structure is also promoted as a novel global intellectual centre.
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