Tag: Crypto Oasis

SUMMER WEB3FEST 2024: A Resounding Success and a Glimpse into the Future

Crypto Valley, Switzerland, June 21, 2024 – (ACN Newswire) – The Swiss WEB3FEST 2024 has concluded with outstanding success, setting new benchmarks in the world of blockchain and WEB3 innovation. From June 5-13, 2024, the event brought together an impressive 4500 attendees, 200 speakers, and 50 exhibitors across 28 events. Some highlights of the festival was the participation of Edward Snowden and the Crypto Valley Visionaries list, honoring the pioneers and innovators of the blockchain space. This year’s festival was embedded around the pivotal Crypto Valley Conference in Switzerland, combining several ecosystems and welcoming both national and international guests and speakers from all over the world.

Event Highlights:

One of the major highlights of the Swiss WEB3FEST 2024 was the fireside chat with Edward Snowden and Brittany Kaiser at SHED Zug. Snowden, the world-famous whistleblower, joined via video link for a 2-hour discussion on Friday and a 30-minute keynote at the Unconference on Saturday. He discussed data sovereignty, digital privacy, and the role of blockchain in decentralizing power and enhancing privacy. Snowden emphasized, “Not individuals, but large tech companies and state authorities now possess the right to privacy,” highlighting the critical need for blockchain technology in protecting digital rights. This session offered unique insights from two leading figures in the realm of digital security.

Additionally, the Unconference, held at the FIVE Hotel in Zurich, was another standout with six different areas, each with its own stage,agenda and presenting projects. This dynamic setup fostered in-depth discussions and hands-on experiences across AI, NFTs, the metaverse, gaming, finance, tokenization, and more on the Web3 space.

Lastly, the Sustainability Day, co-hosted by DFINITY, was another impactful day in which industry leaders showcased their initiatives towards a greener future.. This event underscored the importance of green blockchain initiatives and sustainable corporate practices, emphasizing the positive impact of blockchain technology on the environment.

Recap of Key Sessions:

  • Investor Brunch: Partnered by Animoca Brands, VNTR and Outlier Ventures, this event set the stage for impactful discussions on investment and innovation in the WEB3 space.
  • Protocol Roundtable: An exclusive luncheon for layer-1 blockchain leaders, fostering collaboration and networking.
  • Future of Protocols Sessions: Engaging keynotes and panels featuring industry leaders like Mihai Alisie (Akasha), Dominic Williams (DFINITY), and Lily Liu (Solana Foundation).
  • Corporate Innovation Day: A summit focusing on blockchain’s transformative effects on finance, impact, and consumer engagement, held at Decentral House in Geneva.

Looking Ahead:

The success of the third edition of  the Swiss WEB3FEST sets the stage for future editions around the globe. We are excited to announce the UAE WEB3FEST, scheduled for October 2024, and the second Swiss WEB3FEST Winter Edition in January 2025. The upcoming events will continue to drive innovation, collaboration, and growth in the global WEB3 ecosystem, while demonstrating their impact and contribution to attendees

Join the next editions and contribute to reshape the future of WEB3

Whether you are a tech veteran or a curious newcomer, there is something for everyone at the WEB3FEST.

For more information on tickets, participation, or sponsorship opportunities, please visit www.web3fest.ch

Some example material from our event-series, reach out to us if you have specific needs.

About WEB3FEST

WEB3FEST is a biannual series of events designed to showcase the core themes of WEB3, shaping the future of the internet’s next generation. It covers a comprehensive range of topics such as AI, blockchain, digital assets, cryptocurrencies, gaming, sustainability, IoT, metaverse, NFTs, and more. The festival offers a platform to foster innovation, advance networking, and engage with the latest technological advancements, making it a must-attend event in the global tech calendar.

About Crypto Valley

Located in Switzerland and Liechtenstein, Crypto Valley is one of the world’s leading ecosystems for blockchain and cryptographic technologies. It is a thriving hub of innovation and collaboration, attracting entrepreneurs, tech enthusiasts, and global leaders looking to reshape industries and revolutionize business practices.

About Crypto Oasis

The Crypto Oasis is the largest WEB3 ecosystem in the world focused on the Middle East and Africa region and is supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 2,040 blockchain-related organisations in the UAE alone.

Swiss NFT Association

The Swiss NFT Association is the go-to educational hub for NFT expertise and thought leadership. The Association serves as a knowledge space; it is the primary resource for all matters concerning NFTs, actively curating quality content and building a thriving community.

Contact:
Inacta Ventures Press Office
Pascal Arnold
pascal.arnold@inacta.ch 

Crypto Oasis Thrives: UAE Blockchain Ecosystem sees Exponential Growth with 2,040 Active Organizations in Q1 2024

Crypto Oasis proudly presented the an update on the ever-evolving UAE blockchain ecosystem during the second edition of Dubai FinTech Summit 2024. Over the past year, The number of active companies has surged from 1,800 to 2,040, marking a significant 13.3% YoY increase. This growth is a testament to the robustness and innovation within the industry, which now has over 10,600 professionals, with a healthy mix of 71% native Blockchain organizations and 29% non-native companies contributing to the ecosystem.

 The UAE Ecosystem proves to be a hub for innovation and a magnet for attracting talent with over 10,600 individuals now working in the space.

Key Highlights:

  • Active companies within the ecosystem surged by a significant 13% year-on-year, reaching a staggering record of 2,040 organizations.
  • Marked increase in the industry workforce, with over 10,600 individuals working in the Blockchain space.
  • Regulatory clarity drives crypto industry growth as major global names such as Binance, Bybit, and OKX receive Virtual Asset Service Provider (VASP) licenses from VARA.

Within the vibrant UAE blockchain ecosystem, a diverse array of organizations contributes to its continuous success. Traders, brokers, and asset managers form a significant segment, accounting for 20.6%. Close behind, 19.9% are dedicated to technology and advisory services. NFT platforms represent 6.9%, while venture capitalists (VCs) make up 5.3%. The metaverse has a growing presence with 3.7%, and Web3 gaming initiatives account for 3.1%. Additionally, tokenization platforms are carving out a niche, representing 1.5% of the Blockchain organisations in the country.

The past year has been pivotal for the UAE blockchain space, with notable developments that have solidified its position as a global leader in blockchain innovation and disruption. VARA, the Virtual Asset Regulatory Authority, has demonstrated a commitment to responsible growth and intends to secure the market’s integrity. Regulatory tailwinds have helped establish the region as a welcoming hub for blockchain enterprises.


Binance, Fasset, Hex Trust, Komainu and OKX are among  the global crypto service providers to receive the VASP (Virtual Asset Service Provider) license from VARA last year. Regulatory milestones include, Aquanow, Bybit, Crypto.com and Deribit receiving preliminary licenses from VARA.

Throughout 2023, the UAE has seen a significant increase in cryptocurrency adoption, reinforcing its status as a burgeoning centre for digital finance. The XRP token from Ripple has been approved under the Dubai Financial Services Authority (DFSA) and Iota, an open-source distributed ledger focused on the Internet of Things (IoT) announced the creation of the Iota Ecosystem DLT Foundation in Abu Dhabi Global Markets (ADGM). Furthermore, the launch of the Dubai Web3 and AI Campus at the DIFC last year has positioned the UAE at the forefront of technological convergence, attracting talent and investment from across the globe.

Other blockchain-related news that shows the ecosystem’s remarkable growth trajectory is the fact that the UAE-based Bitcoin miner Phoenix Group became the first crypto-related firm to go public on the Abu Dhabi Securities Exchange at the end of 2023. DFINITY, a Layer 1 protocol, set up their regional hub, ICP.Hub GCC, is an initiative to provide an access point for projects and developers in the region into the Internet Computer Protocols Ecosystem.

The UAE has also become home to landmark blockchain events like Ripple Swell and Cardano Summit in November last year, underscoring the country’s status as a premier destination for global Blockchain discourse. TOKEN2049, a global conference series, had a premier blockchain event in Dubai in April this year with over 400 side events and over 20,000 attendees. The Dubai AI & Web3 Festival planned for September 11-12, 2024 will be another feather in the cap of the city, as it posed to attract top global thought leaders to discuss the future of the Web3 and AI industry.

Ralf Glabischnig, co-founder of the Crypto Oasis said: “The Crypto landscape in the UAE and Middle East region is the fastest growing ecosystem worldwide. The government is doing for Blockchain what Silicon Valley did for tech. This past year has been nothing short of phenomenal for the Crypto Oasis Ecosystem. The surge in companies and talent underscores the UAE’s commitment to fostering a vibrant blockchain and Web3 environment. We’re excited to witness the continued growth and innovative solutions emerging from this dynamic ecosystem.”

With a talented workforce and a commitment to innovation, the Crypto Oasis is poised to continue its exceptional progress. The Dubai FinTech Summit was a prime opportunity to witness the UAE’s flourishing Blockchain ecosystem firsthand and to present the growth numbers of the ecosystem.

About Crypto Oasis

The Crypto Oasis is the largest Web3 ecosystem in the world focused on the Middle East and Africa region and is supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 2,040 blockchain-related organizations in the UAE alone. www.Cryptooasis.ae

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@Cryptooasis.ae
+971552000840

Crypto Oasis, Crypto Valley, the DLT Science Foundation and Inacta Ventures Join Forces in a Groundbreaking Initiative

Crypto Oasis, Crypto Valley, the DLT Science Foundation and Inacta Ventures Join Forces in a Groundbreaking Initiative.Crypto Oasis, Crypto Valley, the DLT Science Foundation, and Inacta Ventures united to unveil the Global Protocol Report at The Hub of Casper Labs in Davos on the 17th of January 2024. It is an exhaustive examination of DLT (Distributed Ledger Technology) protocols that intends to empower decision-makers and policymakers with invaluable insights and data points, enabling them to plot their course in the burgeoning WEB3 space confidently.



Highlights:

The report has unprecedented transparency and clarity, granular insights, and an evolving analysis of DLT protocol attributes. It will help industry experts and novices gain foundational knowledge on DLT concepts, WEB3 ecosystem infrastructure, the evolution of the Blockchain landscape, and the role of capital, talent, infrastructure, and regulations in WEB3 innovation.

The Global Protocol Report introduces a comprehensive framework for assessing the maturity of DLT protocols, facilitating informed decision-making with concise protocol fact sheets. The report also reveals Switzerland’s dominance with 68.58% of the share of market cap of top protocols per country, followed by Singapore at 13.93%. The Global Protocol Report boasts some illustrious partners such as Coindesk Indices, Dialectic, DFINITY, Hedera, and Sui.

Unveiling the Inaugural Global Protocol Report 

A Comprehensive Analysis of Blockchain Protocols

The report’s primary objective is to offer a nuanced understanding of prominent DLT protocols, exploring their strengths, weaknesses, and unique value propositions. The report has unparalleled depth and will delve into the foundational concepts of Distributed Ledger Technology. The subsequent sections delve into critical components of successful innovation, including the role of capital, infrastructure, and talent in advancing DLT protocols.

The report also addresses the intricate landscape of valuations and funding in the Blockchain sphere, focusing on critical aspects, including market cap distributions, revealing Switzerland’s dominance with 68.58% of the share of the market cap of top protocols per country, followed by Singapore at 13.93%. In terms of numbers, 20 of the leading DLT protocols are based out of Switzerland, just one short of the 21 based out of the USA. Switzerland’s leadership in the Crypto landscape is grounded in its renowned financial industry, known for security, neutrality, and privacy. This magnetism for digital asset holders has redefined the country as a centre for Crypto finance and decentralized technologies.

Ralf Glabischnig, Co-Founder of Crypto Oasis, highlighted the regulatory challenges in the Blockchain landscape, noting the significant variations globally. He emphasised Switzerland’s stability and leadership in the Blockchain domain, stating, “In the report we have explored the jurisdictions shaping the WEB3 landscape, analysing regulatory frameworks, infrastructure elements, and other factors influencing their favorability. It’s challenging how regulations can vary so greatly depending on where you are in the world, involving different regions, legal jurisdictions, and governing bodies. Switzerland, being a prominent player in Blockchain, stands as a pillar of stability and one of the most popular jurisdictions for DLT protocols. The Global Protocol Report also details valuation models and funding mechanisms so stakeholders can make informed choices and contribute to a thriving ecosystem.”

Glabischnig acknowledged that the European Union’s introduction of the Markets in Crypto-Assets Regulation (MiCA) is a notable step towards creating a cohesive framework, potentially serving as a blueprint globally. Such a regulatory landscape underscores the importance of understanding and navigating diverse legal frameworks, making the Global Protocol Report an invaluable resource.

The report delves beyond the Blockchain trilemma, i.e., the scalability, security, and decentralization trade-offs, shedding light on the emergence of side chains and second-layer solutions. This exploration unlocks new avenues for optimizing performance and maximizing user experience.

The Global Protocol Report marks a significant milestone in Blockchain research because it provides a comprehensive assessment framework for assessing the maturity of DLT protocols. This framework will allow readers to gauge the strengths and weaknesses of each of the selected protocols, facilitating comparison and identification of potential areas for improvement.



Commenting on the protocol maturity framework, Daniel Rutishauser, Partner, Head WEB3 Venture Building, Inacta Ventures said, “In our daily work, we are using our assessment framework to select the protocol that best fits the requirements for a WEB3 solution. In this report, for the first time, we give some insights into it as guidance for others to successfully build WEB3 solutions. The Global Protocol Report is a game-changer for understanding DLTs. This is a data-driven roadmap with a clear framework for assessing protocol maturity that will empower decision-makers and policymakers in the intricate world of Blockchain technology. By shedding light on the technical complexities and financial dynamics of DLT protocols, the report paves the way for a more informed and responsible WEB3 future.”

Each of the selected Blockchain protocols has been researched and graded on various attributes, including governance, performance efficiency, reliability, security, maintainability, usability, and adoption. The fact sheets for each protocol in the second part of the report include facts and figures such as the consensus mechanisms, transaction speeds, Tokenomics, etc.

“The Global Protocol Report is a critical resource to understand the Blockchain landscape, offering a unique lens on the evolution of DLT protocols. It not only tracks the advancements in Blockchain technology but also provides a framework for assessing protocol maturity. Our collaboration in this report underlines the DLT Science Foundation’s dedication to fostering informed decision-making in the Blockchain arena, especially as we navigate the complexities of scalability, security, and decentralisation. This report is an essential guide for anyone committed to understanding and shaping the future of WEB3.” said Paolo Tasca, Co-Founder and Chairman of the DLT Science Foundation.

A unique aspect of the Global Protocol Report is its commitment to being an evolving and dynamic resource. Regular updates will incorporate new trends and developments, allowing for a time series analysis and showcasing major shifts in the protocol landscape over time. This ensures users have access to a resource that remains current, providing a valuable lens for assessing the evolving maturity and potential of individual protocols.

“We are excited to be included in the first edition of the Global Protocol Report, providing digital asset market intelligence through meticulously crafted research”, said Alan Campbell, President of CoinDesk Indices. “As a firm dedicated to rigorous research and thoughtfully constructed indices, we are pleased to partner with Crypto Oasis and Inacta Ventures as they further the global Crypto economy through education.”

The Global Protocol Report stands as a beacon of clarity in the ever-shifting landscape of WEB3. This essential resource promises to fuel the development of a more robust and thriving DLT ecosystem. The Global Protocol Report is an invitation to explore, understand, and shape a future powered by distributed ledger technology.

Download the Global Protocol Report today and embark on your own journey of discovery within the ever-evolving Blockchain landscape.You can download the report at https://cryptooasis.ae/globalprotocolreport2024/

About Crypto Oasis

The Crypto Oasis is a Middle East-focused Blockchain ecosystem supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 1,800 organisations in the UAE alone. www.Cryptooasis.ae

About Crypto Valley

The Crypto Valley Association is a Swiss-based independent with the mission of building the world’s leading Blockchain and Cryptographic technologies ecosystem. The CVA is powered by its eleven Working Groups and by its driven members. The main purpose of the Association is fostering collaboration, driving adoption of digital assets and connecting startups, established enterprises through networking, research, policy recommendations, and its yearly flagship conference – the Crypto Valley Conference.Learn more through https://members.Cryptovalley.swiss/

About Distributed Ledger Technology Science Foundation

DLT Science Foundation is an international nonprofit organisation committed to help create a more equitable society — one that fully utilises DLT, Blockchain and related WEB3 technologies by fostering an open, sustainable innovation ecosystem of leaders, science fellows and developers.

About Inacta Ventures

As a network enabler and execution company, we are dedicated to connecting startups and corporates in the WEB3 space. With a strong and proven network of partners and advisors, we offer a comprehensive range of services to help our clients navigate the complex world of Blockchain and WEB3. Our services include advisory, venture building, smart capital and community building. With our ecosystem, we offer a range of high-quality services to help our clients achieve their goals and succeed in the WEB3 space. Let us help you turn your WEB3 idea into reality.https://inacta-ventures.com/

About CoinDesk Indices

CoinDesk Indices (CDI), a subsidiary of CoinDesk, has been the leading provider of digital asset indices by AUM since 2014. CDI is driven by research and a desire to educate the marketplace and empower investors. CoinDesk is the most trusted media, events, indices and data company for the global Crypto economy.

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@Cryptooasis.ae
+971 55 200 0840

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Crypto Oasis Ventures Opens New Venture Studio Office at DIFC Innovation Hub and Signs Memorandum of Understanding (MoU)

Crypto Oasis Ventures the inceptor of the fastest growing Blockchain ecosystem in the world, the Crypto Oasis, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC), the leading financial hub in Dubai.

Under the terms of the MOU, Crypto Oasis Ventures will support the DIFC Innovation Hub with subject matter expertise for their ongoing and upcoming start-up accelerator programmes. The announcement coincides with Crypto Oasis Ventures official opening of its second office in the DIFC Innovation Hub for its Venture Studio. The move signifies Crypto Oasis Ventures’ commitment to expanding its presence in Dubai and further strengthens its position as a key player in the global Blockchain ecosystem.

“We are thrilled to partner with Dubai International Financial Centre (DIFC), a renowned financial hub known for its regulatory excellence and commitment to fostering innovation,” said Faisal Zaidi, Co-Founder and CMO of Crypto Oasis Ventures. “By establishing our office within the DIFC Innovation Hub, we aim to leverage The Centre’s vibrant ecosystem, collaborate with like-minded organisations, and explore new opportunities for growth.”

DIFC is a leading global international financial centre that plays a pivotal role in driving economic diversification and innovation in the region. As a strategic partner, DIFC will provide the Crypto Oasis Ventures ecosystem with access to a network of global investors, industry experts, and regulatory resources. This collaboration will facilitate the development of cutting-edge blockchain solutions, positioning Crypto Oasis Ventures at the forefront of the digital transformation in the financial sector.

Mohammad Alblooshi, Chief Executive Officer of DIFC Innovation Hub commented: “The DIFC Innovation hub has a long history of partnering with leading and visionary institutions to enable business growth for our start-up ecosystem. This partnership will bring immense value to start-ups participating in our various accelerator programmes this year who will be able to leverage on Crypto Oasis’s expertise to amplify their existing business models.”

“We are pleased to see Crypto Oasis expand their presence here in Dubai at the DIFC Innovation hub as they continue to innovate and drive growth in collaboration with our vibrant community of tech and innovation disruptors,” he added.

The strategic location of the Crypto Oasis Studio, at DIFC Gate Avenue, will enable Crypto Oasis Ventures to enhance its operations and strengthen its relationships with key stakeholders. By establishing a physical presence within DIFC Innovation Hub, the company aims to attract top talent, collaborate with industry leaders, and forge partnerships that drive Blockchain adoption globally.

About Crypto Oasis Ventures

Crypto Oasis Ventures is a leading Venture Builder with a strong focus on the Middle East and North Africa region. It has successfully established the Crypto Oasis Ecosystem, which has emerged as the world’s fastest-growing Blockchain Ecosystem. In the United Arab Emirates alone, the ecosystem has identified over 1,800 organizations and boasts a workforce of more than 8,650 individuals dedicated to the Blockchain industry. The ecosystem encompasses various stakeholders, including Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers, and Government Entities & Associations.

As one of the pioneers in the local venture-building landscape, Crypto Oasis Ventures benefits from a global network and maintains robust connections to the renowned Crypto Valley in Switzerland. Notably, it holds the distinction of being the first Web3 venture-building company based in the Dubai International Financial Centre (DIFC). The primary goal of Crypto Oasis Ventures is to nurture the ecosystem and expedite the growth of Web3-related organizations in the Middle East, North Africa and beyond.

Crypto Oasis Ventures has spearheaded several successful ventures, including Crypto Oasis Labs, Crypto Oasis Sentio, arte, Crypto Oasis Games Guild, Inacta Communications, and The Green Block. These ventures showcase the company’s commitment to innovation, collaboration, and sustainable development within the Web3 space. For more information, visit www.cryptooasis.ae.

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and an estimated GDP of USD 8 trillion.

With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of over 36,000 professionals working across over 4,300 active registered companies – making up the largest and most diverse pool of industry talent in the region.

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups. Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.

For further information, please visit our website: difc.ae, or follow us on LinkedIn and Twitter @DIFC.

For media enquiries, please contact:

Maria Fernandez
Marketing Manager, Crypto Oasis Ventures
Tel.: +971 056 385 3146
E-mail: maria@cryptooasis.ae

Omar Nasro
ASDA’A BCW | +9714 450 7600 | omar.nasro@bcw-global.com

Rasha Mezher
Dubai International Financial Centre Authority
Consultant, Marketing & Corporate Communications
+97143622451 | t-rasha.mezher@difc.ae

Crypto Oasis Ventures and Roland Berger Officially Launch “The Green Block”

The Green Block, a groundbreaking initiative dedicated to fostering Environmental, Social, and Governance (ESG) projects in Web3, was officially launched yesterday at BEEAH Group headquarters in the United Arab Emirates. This global initiative, spearheaded by Crypto Oasis Ventures in collaboration with the management consultancy Roland Berger, marks a significant step towards creating a sustainable future by leveraging the power of Blockchain and AI technologies.

Highlights:
– The Green Block is a global Think Tank and Launchpad that aims to accelerate and promote the use of Web3 and AI technology for the improvement of the environment, social and governance related initiatives that improve the quality of life.
– It is initiated by Crypto Oasis Ventures in partnership with Roland Berger.
– The initiative will bring together projects and thought leaders that utilize technology for advancing sustainability related projects.
– BEEAH Group is the Think Tank’s first Patron with Khaled al Huraimel, Group CEO also joining The Green Block Advisory Council.

The primary objective of The Green Block is to establish an ecosystem that connects stakeholders from diverse sectors to develop and implement impactful Web3 solutions pertaining to corporate governance, environmental sustainability, and social responsibility. By leveraging the potential of Web3 and AI, The Green Block aims to address global challenges in line with the UAE’s COP28 agenda and the United Nations Sustainable Development Goals (SDGs).

Faisal Zaidi, Co-founder of Crypto Oasis Ventures, stated, “The launch of The Green Block represents the first milestone in our journey to create a sustainable future through Web3 initiatives in the Environmental, Social, and Governance (ESG) field. By connecting projects, providing and enabling infrastructure, and empowering talent, The Green Block will facilitate the development and implementation of sustainable Web3 solutions on a global scale. Aligning ourselves with the objectives of COP28 and the UAE, we aim to take this initiative global.”

As the inaugural patron of The Green Block, BEEAH assumes a vital role in propelling the mission of the initiative. As an international holding group and pioneer for sustainable, smart solutions for future ready cities, BEEAH understands the importance of fostering sustainability and aligning with the UAE’s agenda for COP28. Through their partnership with The Green Block, BEEAH underscores its dedication to environmental responsibility and social progress.

Khaled Al Huraimel, Group CEO of BEEAH Group, emphasized the significance of The Green Block’s launch, stating, “There is immense potential in Blockchain, AI and Web3 technologies and I am excited to see how the Green Block leverages these to revolutionize ESG projects. As one of the first adopters of blockchain technologies in Sharjah, BEEAH Group’s vision is built on the twin pillars of sustainability and digitalisation. As a patron of The Green Block, BEEAH Group looks forward to fostering innovation and engaging with stakeholders to achieve sustainability objectives using technology while overcoming global challenges.”

On the steering committee of The Green Block initiative, the representation from Roland Berger contributes to determining the strategic direction of the initiative. The committee makes key decisions that shape the initiative’s long-term plans and immediate goals, helping to ensure the continuity of its mission. Technology like Web3 and AI will contribute significantly to a path to sustainability – The Green Block Think Tank and Launchpad will accelerate this transition and connect the global thought leaders.

Pierre Samaties, Partner at Roland Berger Middle East and leading the Global Digital Assets, Web3 and Metaverse practice, expressed his enthusiasm for The Green Block’s potential impact, saying, “The launch of The Green Block initiative is the start of an important Think Tank and Launchpad for Web3 and AI technology that will support sustainability and quality of life. Many use cases of the technology are a perfect fit for advancing renewable power, boosting financial inclusion and incentivizing environmental improvements.”

To learn more, please visit www.thegreenblock.com

About The Green Block

The Green Block is a global Think Tank and Launchpad with the primary objective of accelerating and strengthening the use of Web3 and AI technology for the betterment of environmental, social, and governance initiatives, that ultimately enhance our quality of life. Spearheaded by Crypto Oasis Ventures, in collaboration with the management consultancy Roland Berger, this ground-breaking global initiative denotes a significant stride towards the creation of a sustainable future.

At its core, The Green Block will facilitate access to crucial resources including investors, grants, public funding, and tokenization. By doing so, it will empower projects to make substantial progress and attain goals, while establishing a robust infrastructure. It will connect projects with appropriate Blockchain protocols, while providing regulatory guidance, producing insightful reports, and organizing community networking opportunities accompanied by effective communication channels. Furthermore, The Green Block will serve as a catalyst for collaboration and knowledge exchange, while empowering talented individuals through thought leadership platforms like publications, interviews, podcasts, and round table discussions.

The Green Block aims to create an ecosystem that supports transformative projects and contributes to a sustainable and inclusive future.

About Crypto Oasis Ventures

Crypto Oasis Ventures is a leading Venture Builder with a strong focus on the Middle East and North Africa region. It has successfully established the Crypto Oasis Ecosystem, which has emerged as the world’s fastest growing Blockchain Ecosystem. In the United Arab Emirates alone, the ecosystem has identified over 1,800 organizations and boasts a workforce of more than 8,650 individuals dedicated to the Blockchain industry. The ecosystem encompasses various stakeholders, including Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers, and Government Entities & Associations.

As one of the pioneers in the local venture building landscape, Crypto Oasis Ventures benefits from a global network and maintains robust connections to the renowned Crypto Valley in Switzerland. Notably, it holds the distinction of being the first Web3 venture building company based in the Dubai International Financial Centre (DIFC). The primary goal of Crypto Oasis Ventures is to nurture the ecosystem and expedite the growth of Web3-related organizations in the Middle East, North Africa and beyond.

Crypto Oasis Ventures has spearheaded several successful ventures, including Crypto Oasis Labs, Crypto Oasis Sentio, arte, Crypto Oasis Games Guild, Inacta Communications, and The Green Block. These ventures showcase the company’s commitment to innovation, collaboration, and sustainable development within the Web3 space.
www.cryptooasis.ae

About Roland Berger

Roland Berger is the only management consultancy of European heritage with a strong international footprint. As an independent firm, solely owned by our Partners, we operate 51 offices in all major markets. Our 3000 employees offer a unique combination of an analytical approach and an empathic attitude. Driven by our values of entrepreneurship, excellence and empathy, we at Roland Berger are convinced that the world needs a new sustainable paradigm that takes the entire value cycle into account. Working in cross-competence teams across all relevant industries and business functions, we provide the best expertise to meet the profound challenges of today and tomorrow. www.rolandberger.com.

Press contact:

Maria Fernandez
Marketing Manager, Crypto Oasis Ventures
Tel.: +971 056 385 3146
E-mail: maria@cryptooasis.ae

Silvia Constanze Zoesch
PR Global, Roland Berger
Tel.: +49 160 744-8750
E-mail: silvia.zoesch@rolandberger.com

Salma Halawa
PR Middle East, Roland Berger
Tel.: +971 056 385 3146
E-mail: salma.halawa@rolandberger.com

Crypto Oasis Ecosystem Report 2023: Identifies 1,800+ Organisations in the Thriving UAE Web3 Space

The UAE’s crypto ecosystem continues to grow at an unprecedented rate, with over 1,800 organisations currently identified as of Q1 2023, according to the second edition of the Crypto Oasis Ecosystem Report. The report, developed in collaboration with the DLT Science Foundation and Roland Berger, one of the leading management consultancies, offers a comprehensive summary of the UAE’s Blockchain evolution driven by Web3, cryptographic, and Blockchain technologies. Roland Berger also exclusively contributed with three thought leadership articles that are exclusively published in the report.

Highlights:
– Get an in-depth look at the world’s fastest growing Blockchain ecosystem in the newly launched spring edition of the report at the Dubai FinTech Summit 2023
– The report provides a comprehensive breakdown of the ecosystem’s main elements, including Governments & Associations, Startups & Projects, Investors & Collectors, Service Providers, Corporates, and Education & Research
– Of the total number of organisations, native ones make up 70.24% (1,270 organisations), while non-native ones account for 29.76% (538 organizations)
– The report was produced in partnership with the DLT Science Foundation, a global nonprofit organization newly established to bring together top academic institutions, industry leaders and developers to further society’s adoption of DLT and other exponential technologies, and Roland Berger, the leading management consultancy with a strong expertise in Digital Assets, Web3 and Metaverse. Roland Berger exclusively published three thought leader point of views as part of the report
– Additionally, the report features an in-depth regional analysis of the UAE by leading blockchain data platform Chainalysis

The report, which was launched during the Dubai FinTech Summit organised by the Dubai International Financial Centre (DIFC), highlights that more than 8650 professionals currently work in organisations within the Crypto, Blockchain, Metaverse, and Web3 Ecosystem of the UAE, representing a 4.2 percent increase from Q4 2022. The report is divided into six parts, including Governments & Associations, Startups & Projects, Investors & Collectors, Service Providers, Corporates, and Education & Research.

Native organisations account for 70.24% (1,270 organisations) of the total number, while non-native organisations account for 29.76% (538 organisations). During Q1 2023 alone, over 150 new organisations were identified, bringing in more than 350 new professionals to the thriving ecosystem. Approximately 72.8 percent (roughly 6,301) of these individuals work for native Blockchain organisations, while the remaining 27.2 percent (approximately 2,350) work for non-native companies.

“The second edition of the Crypto Oasis Ecosystem Report is a valuable resource for anyone interested in the Web3 space and will be an essential tool for policymakers, investors, and entrepreneurs looking to navigate the rapidly evolving landscape of blockchain technology,” said Saqr Ereiqat, co-founder of Crypto Oasis. “The report is a result of comprehensive research undertaken by the Crypto Oasis Research team, which involved an in-depth analysis of the UAE Web3 Ecosystem.”

Paolo Tasca, co-Founder and chairman at the DLT Science Foundation, said, “At the DLT Science Foundation, we are keen to reach out into and connect with the fastest growing Web3 Ecosystem in the world! This report provides a unique market analysis of the crypto and Web3 key players in the UAE. We are glad to have contributed to it.”

Pierre Samaties, Partner at Roland Berger Middle East and leading the Global Digital Assets, Web3 and Metaverse practice, said, “The growth of the UAE Digital Asset and Web3 ecosystem is very impressive. It is driven by forward looking regulation, a welcoming talent immigration environment and a remarkable appetite from government and institutions to adopt the many opportunities the technology brings.”

The report also contains insightful thought leadership articles from major players in the industry, including , Circle, Citigroup, DIFC, DMCC, GenTwo, QORPO, Pulse World, Ripple, Securrency, State Street, Tokengate, Venom, Virtua and Yield App. Additionally, the report features a detailed regional analysis of the UAE by Blockchain data platform Chainalysis.

Suzana Obradovic, Regional Director Middle East and Africa at Chainalysis, said, “We are excited to bring our blockchain data insights to the Crypto Oasis Ecosystem Report. The launch of the report, already in its second edition, marks an important milestone in the growth of the Web3 ecosystem in the UAE. By building out comprehensive regulation and embracing future technologies, the UAE has made itself very attractive to Web3 enthusiasts looking to establish themselves in the region.”

You can download the report at www.cryptooasis.ae/report

About Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis’ vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,800+ organisations identified in the UAE alone with more than 8,650 individuals working in the space. www.cryptooasis.ae

About DLT Science Foundation

The DLT Science Foundation (DSF) is committed to address grand challenges by adopting and promoting distributed ledger technologies (DLT) and other exponential digital technologies. The DSF achieves this aim by empowering education, innovation, and research through its academic network and partnerships with industry leaders. The DSF expands knowledge transfer from academia to industry, promoting a stable adoption of DLT in business, government and society. Our foundation operates as a global, decentralised entity, much like the technology we promote. A network of world-leading experts from around the world pools their knowledge and expertise to deliver the DSF’s vision. The DSF team works tirelessly to further its mission, supporting educational initiatives, empowering researchers, and acting as a hub for startups, universities, and knowledge-transfer institutions. The foundation stimulates innovation through activities such as hackathons, commercialising research, and much more. www.dltscience.org

About Roland Berger

Roland Berger is the only management consultancy of European heritage with a strong international footprint. As an independent firm, solely owned by our Partners, we operate 51 offices in all major markets. Our 3000 employees offer a unique combination of an analytical approach and an empathic attitude. Driven by our values of entrepreneurship, excellence and empathy, we at Roland Berger are convinced that the world needs a new sustainable paradigm that takes the entire value cycle into account. Working in cross-competence teams across all relevant industries and business functions, we provide the best expertise to meet the profound challenges of today and tomorrow. www.rolandberger.com

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

Turkish Arab Financial Forum to be Held on March 13, 2023

Crypto Oasis will be participating in the upcoming Turkish Arab Financial Forum to be held on March 13, 2023, at the Grand Hyatt Dubai. The event is being organized by Al-Iktissad Wal-Aamal Group in collaboration with the Ministry of Treasury and Finance of Türkiye and the Republic of Türkiye Investment Office and Unlock Blockchain.

The forum aims to bring together high-level participants from Turkiye and the Arab world, including senior government officials, investors, VCs, asset managers, private equity firms, Fintech leaders, finance and investment leaders, investment bankers, and representatives of major regional and international financial institutions. The event will focus on the latest developments and opportunities in fintech, with a particular emphasis on the intersection and partnership between Fintech and traditional banking.

The forum will see participations from some of the leading banks and Fintech firms in Turkey and the UAE, including Denizbank, HalkBank, Turkiye Finans, PayFix, Ininal, Paycell and more than 20 fintech companies’ member of TODEB.

As a key participant of the event, Crypto Oasis will be represented by its co-founder Saqr Ereiqat who will moderate a panel discussion on “The role of DeFi and crypto assets in Turkish-Arab financial partnership” along with Managing Director of GCEX, Mehtap Onder, Senior Executive Officer of SEBA Bank AG ADGM, Christian Borel and CEO of VAF compliance, Gilson Costa.

“Participating in the Turkish Arab Financial Forum is an excellent opportunity for us to showcase the digital asset space in the UAE and to contribute to the growing financial ties between Türkiye and the UAE,” said Saqr Ereiqat, Co-Founder of Crypto Oasis.

The upcoming forum presents a significant opportunity, as it marks the first such gathering since the United Arab Emirates and Turkey signed an agreement aimed at promoting increased trade between the two nations over the next five years. The event will offer a unique platform for participants to network and share insights on the latest trends and opportunities in the fintech space.

For more information on the event, please visit this link, www.iktissadevents.com/event/turkish-arab-financial-forum/.

About Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis’ vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space. www.cryptooasis.ae

About Turkish Arab Forum

The forum represents a natural extension of the esteemed Turkish Arab Economic Forum, renowned for its commitment to fostering enhanced economic and trade relations between the Arab States and Turkey. This occasion will serve as a platform for high-level discussions, with a particular emphasis on fintech and digital payment innovation. The forum will explore prospective partnerships between financial institutions spanning the Arab States and Turkey, while simultaneously striving to advance and augment economic and investment cooperation between these sectors.

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

Crypto Oasis Launches Cove Beach Venue in the Metaverse with Exscape at Annual Ecosystem Night

Crypto Oasis, the fastest growing WEB3 ecosystem in the world, hosted top organisations and players from the global industry at its annual Ecosystem Night on the 2nd of March 2023. The event aimed to celebrate the most recent advancements in the global and local WEB3 ecosystem, showcasing cutting-edge technology and groundbreaking ideas in the world of crypto and blockchain.

Highlights
– Crypto Oasis hosted top organisations and players in the regional Ecosystem for its annual Ecosystem Night
– Exscape was the co-host for the evening and the creator of the entire Cove Beach Venue in the Metaverse that provided a unique immersive experience
– The Founders Mural at Cove Beach designed and created by Faisal Zaidi was tokenised into 100 pieces of art representing annual memberships to Cove Beach

The prestigious event in its second year took place at Cove Beach, the stunning venue that forms part of the famous Caesars Palace in Bluewaters Island. As one of the most popular locations in the city, it attracts visitors from all over the world. At the event, Crypto Oasis launched several WEB3 integrations with the venue.

The first was the creation of Cove Beach in the Metaverse by Exscape. The initiative was created and developed in less than 6 weeks with a hyper realistic environment for people to walk around and visit the venue using a VR headset from anywhere in the world. Exscape, the co-host for the Crypto Oasis Ecosystem night is a metaverse-based social platform as well as a metaverse builder that concentrates on creating experiences for the public at high end venues like Cove Beach.

The second integration was the launch of the Cove Beach NFT based membership programme for those interested in buying an annual membership to the venue. A large 12.5m wall at the venue has been converted into the Founders Mural by Faisal Zaidi and which was digitalised and fractionalised into 100 pieces. Each sold digital artwork represents its counterpart on the physical wall and will grant the owner an annual membership to the Cove Beach Club.

“We are excited to integrate Cove Beach, our go-to destination for our annual Ecosystem Night, into the world of WEB3 through the launch of the Metaverse experience and Memberships as NFTs. The Cove Beach Metaverse will provide members with an exclusive and immersive experience that blurs the boundaries between the physical and virtual world, while the Membership NFTs will let holders own a piece of the Cove Beach through the fractionalised mural at the venue,” said Ralf Glabischnig, Founder of the Crypto Oasis.

“We’re thrilled to have partnered with Crypto Oasis to launch the Cove Beach Metaverse and our Annual Membership NFTs,” said Adel Ghazzawi, Co-Founder of Cove Beach. “The Metaverse is the future of social interaction, and the NFTs is the future of financial interaction. We’re excited to offer our members an unparalleled experience that merges the physical and digital worlds. The WEB3 community is a very important part of the society of Dubai and they are an integral part of the audience that visits our venue.”

Exscape CEO, Mehdi Cherif stated, “We are delighted to have partnered with Crypto Oasis on this exciting initiative. The Cove Beach venue in the Metaverse offers users a glimpse of what is possible within the Metaverse, and we look forward to working with Crypto Oasis to develop more innovative and engaging experiences for our users.” Exscape is a cutting-edge Metaverse that offers users an immersive and interactive virtual world.

With the venue being replicated in the Metaverse, attendees can choose to visit and experience Cove Beach however they prefer. Crypto Oasis’ and Exscape’s expertise in WEB3 combined with Cove Beach’s reputation for delivering world-class entertainment and hospitality has translated into an unparalleled WEB3 experience for the public.

The NFTs for the annual membership to Cove Beach that were physically represented as part of the Founders Mural which are available to be purchased at cryptooasis.ae/membership.

About the Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis’ vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space. www.cryptooasis.ae

About Exscape

Exscape is a Metaverse based social network where users can interact with each other through a highly immersive and interactive virtual environments enabling them to form virtual communities, play games, listen to music, watch videos, discover new places, share experiences, transact and engage in social activities like never before.

About Cove Beach

Cove Beach is one of the most happening beach clubs in Dubai. The popular beach club was relocated from Jumeirah Beach Hotel to Caesars Palace, Bluewaters Island in November 2018. With the stunning azure waters of the Arabian Sea serving as the backdrop, Cove Beach Dubai invites you for the ultimate retreat, whether you want to party or just relax and unwind. With a picturesque beachside setting, Cove Beach Dubai Bluewaters features a restaurant, lounge and swimming pools. The venue exudes a Mediterranean vibe and offers a range of personalised services that make guests feel like royalty.

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

The Crypto Oasis Identifies 1,650+ Blockchain Organisations in the UAE at the End of Q4 2022

Crypto Oasis, the fastest growing Blockchain Ecosystem in the world has now surpassed their goal of identifying 1,500 organisations in the Ecosystem by the end of 2022. As of 31st December, there were over 1,650 organisations and the ecosystem has been growing faster than previously anticipated.

The Ecosystem has witnessed a sturdy 13.8% growth that proves that the Crypto Oasis is expected to continue its robust growth in the coming months as regulators in the region welcome innovation and disruption, making it easier for blockchain-related companies to secure licences and operate. At the forefront of this is Dubai Multi Commodities Centre(DMCC) which is home to over 500 of these native Blockchain organisations, representing the largest concentration of crypto and blockchain companies in the Middle East and North Africa (MENA) region.

Crypto Oasis has added 200+ new organisations in Q4 2022 that have brought in 1,300+ new professionals to the burgeoning Ecosystem, bringing the total number of individuals working in this industry to 8,300+. This 19% growth in employment numbers can be attributed to the UAE being a force to reckon with in the global Blockchain landscape. 78.2 percent (approx. 6,500) of these individuals work in native blockchain organisations, i.e. those which are focused on blockchain and related decentralised technologies. 21.8 (approx. 1,800) percent work for non-native companies, i.e. those that offer blockchain related services or products but do not have blockchain as their primary focus.

Ralf Glabischnig, Founder of Crypto Oasis, stated, “We’re thrilled to have identified these new organisations in our ecosystem that are contributing to a diverse community of stakeholders. The possibilities for Web3 technology are vast, from finance and supply chain management to gaming and social media. However, as it’s a relatively new and emerging technology, its full potential hasn’t been reached yet and the industry is facing challenges such as scalability, security, and user adoption. It’s an exciting and rapidly evolving field to watch and we’re eager to collaborate and learn from each other as we work to improve Web3 and decentralised technologies.”

The Crypto Oasis supports blockchain and Web3 organisations to access resources and expertise that can help them navigate the complex and rapidly evolving landscape. In addition, joining the ecosystem gives them the opportunity to network with potential partners and customers, and to showcase their work to a wider audience.

“The UAE is the perfect amalgamation of Talent and Capital built on a world class Infrastructure,” said Saqr Ereiqat, Co-Founder of Crypto Oasis. “The Ministry of Economy(MoE) has become one of the first Government entities in the world to be active in the metaverse. In 2022 the MoE published its Digital Economy Strategy which aims to double the contribution of digital economy from 9.7% to 19.4% in the next decade. The inception of regulators like VARA and various industry events like the Abu Dhabi Finance Week and Dubai Fintech Week, as well as the launch of the Dubai Economic Agenda “D33″, demonstrate UAE’s commitment in taking an active step to becoming the centre of digital economy globally.”

In the inaugural version of the Crypto Oasis Ecosystem Report 2022, published in partnership with Roland Berger in October’22, identified 1,450+ Web3 organisations in the UAE at the end of Q3 2022. This report aimed to establish the first quantitative and qualitative study of the Crypto Oasis ecosystem. Commenting on the growth of the Ecosystem, Pierre Samaties, Partner and Global Head of Crypto Economy and Web3 at Roland Berger, a top tier strategy consulting firm said: “The UAE is uniquely positioned to play a leading role in the global innovation economy. The growth of the Crypto Oasis Ecosystem will continue in the coming months as we can already witness how regulators in the region are welcoming innovation and disruption, making it simpler for Blockchain-related companies to secure licenses and operate.”

The Crypto Oasis Ecosystem is dedicated to building and strengthening the infrastructure for decentralised technologies in this region. The Ecosystem fosters collaboration and intends to pool resources and expertise to create a more robust and resilient environment to build, create and operate. The Web3 Ecosystem serves the needs of all of its members and has a positive impact on the wider community by helping drive innovation related to decentralised technology. New members of the ecosystem will have the opportunity to contribute to this effort and shape the direction of Web3 development in our region.

Report Link: https://cryptooasis.ae/ecosystem-report-2022/

About Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis’ vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space. www.cryptooasis.ae.

Crypto Oasis Joins Algorand’s “Decipher” Conference as Regional Partner

Algorand Foundation, the organization dedicated to helping fulfill the promise of the leading carbon negative Layer-1 blockchain Algorand, has teamed up with the Crypto Oasis, the fastest growing crypto ecosystem in the world. The partnership will kick off with Crypto Oasis representing as the official regional partner for Algorand’s annual flagship Decipher conference, which will take place in Dubai from the 28-30 of November at Madinat Jumeirah, and continue throughout 2023 with the Algorand Foundation as an official Crypto Oasis ecosystem partner.

Crypto Oasis is excited to bring its active and growing community to connect with the Algorand ecosystem at Decipher. The conference convenes the builders, founders, investors, and community deciphering the future on Algorand, creating a must-attend event for anyone interested in blockchain and the Web3 economy. This event reflects the overall development of the industry, as it brings together inspiring creators, skilled tech professionals, & seasoned experts with traditional industry backgrounds.

More than 120 speakers will participate in the conference across four stages and more than 60 sessions. Registrants will also be able to sign up for mentoring with blockchain leaders, learn to set up wallets and experience play-to-earn games, explore a high-end curated NFT art gallery, take part in hands-on workshops designed for developers and product leaders behind the Algorand protocol, and more.

On the morning of Nov. 30, there will be a special Women’s Breakfast Club event from 8:30 am to 10:00 am, free and open to all women in the Web3 tech community.

“We are thrilled to be partnering with Algorand on this strategic level,” commented Ralf Glabischnig, founder of Crypto Oasis. “Decipher will bring together Web3 communities to create an enabling environment for people looking to build and scale projects in the blockchain space. We expect this partnership to bring us one step closer to spreading blockchain adoption and awareness in the Middle East and beyond. As one of the first Layer-1 ecosystems to bring their flagship conference to Dubai, Algorand also gives testament to the growth and relevance of the community being built throughout the Middle East, which Crypto Oasis exists to support. The synergy is self-evident, and we are excited about all of the collaboration potential in the year ahead.”

The partnership with Crypto Oasis will enable Algorand to gain exposure into the regional blockchain ecosystem – which is growing exponentially due in part to the welcoming spirit for innovation and disruption throughout the UAE and broader Middle East.

“We are excited to work with Crypto Oasis as our Regional Partner for Decipher, our Annual Algorand Summit, this 28-30 November. In addition, we will also be recognised as an Ecosystem Partner to Crypto Oasis for 2023 as we deepen our growth plans in the Middle East. We aslo recently hired our full-time Community Manager, Rayan Khalil, who will be our point of contact focused in developing the Algorand ecosystem in the region,” said Jason Lee, Global Head of Community for the Algorand Foundation.

Learn more about Decipher and save your seat to attend at https://decipherevent.com/.
Learn more about Algorand and the Algorand Foundation at www.algorand.foundation/.
Learn more about Crypto Oasis at https://cryptooasis.ae/.