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Dubai to Host Second Edition of Middle East Blockchain Awards as MENA Drives Global Crypto Growth

by Catatonic Times
February 6, 2025
in Ethereum
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Dubai, United Arab Emirates, February sixth, 2025, Chainwire

The Center East Blockchain Awards (MEBA) returns for its second 12 months after the success of its inaugural version, with Dubai chosen because the host metropolis. The ceremony will happen on the iconic Jumeirah Burj Al Arab on April 29, coinciding with the TOKEN2049 convention. The occasion will unite trade leaders, innovators, and visionaries to have a good time achievements in blockchain and cryptocurrency.

MEBA 2025 arrives at a pivotal second amid the fast acceleration of blockchain adoption throughout the MENA area. Current information from Chainalysis positioned the area because the seventh-largest cryptocurrency market on this planet. Between July 2023 and June 2024, MENA obtained an estimated on-chain worth of $338.7 billion—accounting for 7.5% of the worldwide transaction quantity.

Notably, the UAE has emerged as a world chief in digital asset adoption. In response to Henley & Companions’ newest report, the UAE ranks third worldwide in digital foreign money utilization. Chainalysis information additionally revealed that the UAE obtained roughly $34billion in cryptocurrencies between June 2023 and July 2024, experiencing a strong 42% year-on-year progress. That is pushed by the nation’s progressive method to blockchain know-how, with cities like Dubai establishing themselves as key innovation hubs. 

Max Palethorpe, Founder and CEO of Hoko Group, the official organizers of MEBA, commented: “The Center East Blockchain Awards gives a singular platform to acknowledge the unbelievable achievements which might be driving the subsequent wave of innovation in blockchain and digital transformation. With the UAE main the cost within the Internet 3.0 revolution, it’s inspiring to see trade leaders coming collectively to form the way forward for this dynamic trade. This 12 months’s occasion guarantees to be a real celebration of the pioneers who’re pushing boundaries and setting new requirements.”

Returning as a choose for the second consecutive 12 months, Dr. Marwan Al Zarouni, CEO, AI for Dubai Division of Economic system and Tourism and CEO of Dubai Blockchain Centre (DBCC) added: “I’m thrilled to be a part of the judging panel as soon as once more and witness the fast evolution of blockchain applied sciences within the MENA area. With the UAE on the forefront of this transformation, the federal government’s forward-thinking method, mixed with the area’s dynamic innovation ecosystem, is accelerating the adoption of Internet 3.0 applied sciences. The Center East Blockchain Awards captures this momentum and additional cements the UAE’s place as a world hub for blockchain excellence.”

Different judges of the Center East Blockchain Awards this 12 months embrace:

●     Jumana Al Darwish, Award Profitable Social Entrepreneur and Founding father of Completely happy Field

●     Scott Melker, Host, The Wolf of All Streets Podcast, and Crypto TownHall

●     Mario Nawfal, Host of Largest Present on X and Founding father of Worldwide Blockchain Consulting Group

●     Saqr Ereiqat, Secretary Normal of Dubai Digital Belongings Affiliation and Co-Founding father of Crypto Oasis

●     Jorge Sebastiao, Co-Founder World Blockchain Group and Co-Founder EcoX

●     Matthies Mende, Founder and CEO of Bonuz and Co-Founding father of Dubai Blockchain Middle

MEBA goals to foster innovation, acknowledge excellence, and set new requirements for blockchain and Internet 3.0 initiatives throughout the area. In its inaugural version in 2022, MEBA partnered with Abu Dhabi World Market’s flagship platform, Abu Dhabi Finance Week, and the Center East, Africa, and Asia Crypto and Blockchain Affiliation (MEAACBA).

Submissions are actually open at www.mebawards.io, the place members can discover further particulars concerning the classes and the nomination course of.

About Hoko Abu Dhabi

Hoko Company is a diversified and modern firm that owns and operates a various portfolio of companies inside the sectors of Finance, Blockchain, Leisure, Sport and F&B. Hoko strives to be the best-in-class in every of their service traces; providing high quality merchandise, world class service and becoming options that transcend the trade’s expectations.

Contact

Head of PRYousef BatterWhite Label Technique[email protected]



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Tags: AwardsBlockchaincryptoDrivesDubaiEastEditionGlobalGrowthHostMENAMiddle
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