Launched ahead of the 2023/24 Series A season, StarzPlay Fantasy Sports allows players to make score forecasts and predict possession percentages within the in-game arenas. Successful predictions enable players to win various prizes, including STARZ$, the in-game currency usable for acquiring NFTs.

In the future, the currency will be exchangeable for platform subscriptions, football merchandise, and even Serie A match tickets, complete with meet-and-greet sessions with football icons. While the game is essentially free to play, players have the option to buy and trade NFTs within the real-time marketplace. This empowers them to build distinct teams and boost their predictive abilities.

Alessandro Masaro, Chief Strategy Officer at StarzPlay, said, “StarzPlay Fantasy Sports is the first-of-its-kind blockchain service in the region which will give customers a new dimension to engage with sports while competing to win incredible prizes. Our goal is to make StarzPlay a hub for sports entertainment and provide users and rights holders with more opportunities to interact and build stronger and more valuable relationships. We believe this is the first step of a larger plan which will see StarzPlay Fantasy Sports expand into other leagues and sports in the near future”.

Also Read: Best Video Streaming Services In The Middle East

The release of StarzPlay Fantasy Sports is noteworthy due to the title’s cutting-edge Web3 and blockchain technology. The game uses Amazon AWS as a serverless infrastructure to support the peak of users and provide a stable, high-quality experience during matches.

The post StarzPlay Launches Free-To-Play Fantasy Sports Game In MENA appeared first on Tech Magazine.

So far, metaverse developer LandVault has lived up to its name, creating and curating over 100 square feet of virtual space for a diverse range of organizations, including Mastercard, Standard Chartered, World of Women, Hershey’s, and many more.

The Dubai government’s Metaverse Strategy is one of the key reasons LandVault has been inspired to move to the region, as leaders plan to transform the Emirate into one of the world’s top 10 metaverse economies by 2030. Eventually, it’s hoped that in excess of 1,000 companies in the blockchain and web 3.0 spaces will be inspired to set up entities in the region, creating around 40,000 new jobs in the process.

Also Read: Best Music Streaming Services In The Middle East

“We are excited to open our office in Dubai and to be a part of the vibrant tech community in the UAE. The MENA region is a key market for us, and we believe that our presence in Dubai will allow us to assist the region and explore new opportunities. We are also excited about the potential for the metaverse in the real estate industry in the UAE. We look forward to working with developers and real estate companies to showcase their properties in a new and innovative way,” says Sam Huber, CEO of LandVault.

Alongside developing the metaverse from its new Dubai office, LandVault will also deploy its technology to assist the UAE’s real estate sector. Developers will soon be able to showcase their projects in a way that was never previously possible, reaching a much wider audience with immersive and interactive property tours and even virtual showrooms.

The post World’s Largest Metaverse Developer Opens Dubai Office appeared first on Tech Magazine.

O’Leary will travel to Abu Dhabi as an ambassador of the business expansion initiative known as Access Abu Dhabi. The program is supported by the Abu Dhabi Investment Office and acts as a conduit for businesses entering the city’s thriving startup and innovation ecosystem. O’Leary has traveled to Abu Dhabi three times over the last two years and has considerable experience as a Web 3.0 investor.

“It’s a massive honor to have Kevin O’Leary deliver a keynote speech at the first edition of the Middle East Blockchain Awards. He’s a well-respected and renowned personality on an international level, especially for his work with blockchain and crypto. This is a phenomenal start to what we’re sure will become a long-lived series of Awards ceremonies recognizing some of the region’s finest Web 3.0 achievements,” says Bally Singh, Chairman, and Co-Founder of Hoko Group.

Also Read: Abu Dhabi Airports Exploring Options For Air Taxis

The Middle East Blockchain Awards will be supported by GEM Digital Limited, the headline sponsor, with support from the Abu Dhabi Residents Office, Inery Blockchain, and Everdome, the first hyper-realistic metaverse.

As to the ceremony itself, this year’s MEBA will be held in the beautiful Palm Garden of the five-star W Abu Dhabi – Yas Island, on the same weekend as the Formula One races. The black-tie event promises to be a spectacular evening and will be attended by high-profile individuals and a large panel of expert judges.

The post Web 3.0 Expert Kevin O’Leary To Speak At Blockchain Awards appeared first on Tech Magazine.

Although the metaverse — a blockchain-based virtual world — is still in its early stages of development, it promises to deliver massive potential for millions of users over the coming years, shaking up the entire world’s economy and online culture.

The global market share of the metaverse is thought to have the potential to reach $1.6 trillion by 2030, with tech giants such as Facebook, Google, and Nvidia heavily invested in Web 3.0 development. For that reason, the UAE is already aiming to be a market leader, with over 1,000 metaverse-related companies headquartered in the region.

“From retail shopping to healthcare and manufacturing, the metaverse is becoming pervasive in countless industries. It is transforming industries by expediting virtual operations seamlessly and offering business opportunities for investors,” says Pratik Rawal, Managing Partner, Ascent Partners.

Also Read: Everdome Announces First-Ever Metaverse Soundtrack

Dubai’s strategy aims to funnel $4 billion of the UAE’s GDP into related projects over the next five years, bringing an estimated 40,000 virtual jobs to the metaverse by 2030. Augmented reality and blockchain projects currently bring over $500 million to UAE’s economy, with the Dubai World Trade Center (DWTC) accounting for a sizable portion of that figure.

As the metaverse builds into a thriving, heavily populated augmented-reality world, Dubai and the whole of the UAE will be poised to become the epicenter of this advanced technological revolution, bringing all of the benefits of blockchain, cryptocurrency, and augmented reality to the everyday lives of users worldwide.

The post Dubai Is Set To Become A Metaverse & Blockchain Hub appeared first on Tech Magazine.

The Global Blockchain Congress is a world-renowned flagship event that focuses on the massively scaling public blockchain ecosystem and its capabilities. The event organizers, Agora Group, will showcase how the Blockchain can change the world, bringing insightful dialogue, announcements and product launches to this big UAE event.

This year, the event’s main themes are Digital Asset Regulations in the GCC, Web3 Platforms, Metaverse, Gaming, and NFTs. The expo is an exclusive closed-door congress that can only be accessed through an invite-only scheme, and will feature over 60 speakers, 150 investors, 30 sponsors, 20 media partners and well over 300 delegates.

Some of the event’s key partners and sponsors include:

• Strategic Partners: Bluemoon
• Gold Sponsors: Animal Concerts, Bitsliced, CryptoPerformance, Ghost Ivy, GoArt Metaverse, Securrency Capital, & Wild vEarth
• Silver Sponsors: Boba Network, Caesium Lab & EverdreamSoft
• Bronze Sponsors: Funganomics, Kinetix & MOI
• Partners: Crypto Oasis, DEX Ventures, Galaxy, Kommunitas, Listing.Help, NewTribe Capital, SwissBorg Ventures & V2B Labs

The event promises educational talks from several distinguished speakers, including Amit Mehra, Asim Ahmad, Christian Borel, Dr. Simon Hassannia, Feras Al Sadek, Gaurang Desai, H.E. Gabriel Abed, Omar Rahim, Ralf Glabischnig, Saqr Ereiqat, Tim Grant and Valerie Hawley.

Also Read: Everdome Announces First-Ever Metaverse Soundtrack

Previous Global Blockchain Congress events have been a runaway success, and have hosted over 1,000 investors and 250 blockchain startups, raising millions in funding for partner projects worldwide.

As the world becomes increasingly connected, and technologies such as NFTs, AI and the Metaverse become more commonplace, the event will provide a forum to discuss how legal frameworks for digital assets can be built, as well as how these new technologies will fit into the world of gaming.

Further announcements are expected as we get closer to the event, but for now, you’ll need to register your interest here, as spots are strictly limited.

The post Dubai Is Set To Host The 10th Global Blockchain Congress appeared first on Tech Magazine.

The solution takes advantage of blockchain technology (the same technology that powers and secures cryptocurrencies such as Bitcoin), using it to immutably store collected user data.

Designed to make both paper and online forms obsolete, AKcess uses nothing but a smartphone app to collect and validate KYC data. The submitted information can then be verified in a number of different ways, such as by taking a selfie or using a third-party verifier. When a user approaches an institution that collects KYC information, he or she can simply share it via AKcess, making onboarding effortless.

“KYC is a major challenge for all financially regulated and unregulated companies, but the bigger challenge is to update the KYC after initial onboarding of a client,” said Nehme AbouZeid, Founding member and Chief Technology Officer of Akcess, in an interview with Entrepreneur Magazine. “Using a combination of our mobile app and our blockchain network, we were able to find a solution acceptable to all parties, the regulator and the institutions.”

Also Read: New Digital ID Verification Solution Available To Turkish Fintech Apps

The blockchain-based digital ID solution could be a boon to banks, small and medium enterprises (SMEs), government organizations, educational institutions, healthcare providers, insurance companies, and more. In other words, its impact could be significant.

AKcess has recently opened offices in Kuwait, and the company also has projects underway in several other countries in the Middle East including Egypt, UAE, and Qatar.

The post AKcess Brings Its Blockchain-Based Digital ID Solution To Kuwait appeared first on Tech Magazine.