This Week in Crypto - 25th March 2022

It has been a busy week for the entire Crypto Oasis Ecosystem. Headlines include Cypher Capital launching a $100M blockchain fund, Crypto.com signing the Qatar World Cup sponsorship deal, and Tokengate tokenizing Wall Street veteran Asher Edelman's art data company.

Weekly we will be sharing more information like events, projects, and investments made into the Crypto Oasis Ecosystem to keep you informed of developments happening around us. Subscribe and stay tuned.

In the News

• Crypto Oasis announced various partnerships during the Crypto Oasis UAE Genesis Night, which brought together key players from the Crypto Oasis ecosystem. Several local and international partner projects were introduced, featuring world-renowned Artist Sacha Jafri, sports community partner bownce, and CryptoArabs as a local NFT project. On March 10th, 2022, the inaugural edition of Genesis Night was held at Cove, Caesars Palace. Zawya

• ?Old Wall Street's dramatic movement into tokenization, Asher Edelman is chairperson of ARTBnk, that is working with Tokengate to launch the ABK token for the sharp investor.?ArtBnk is a game-changing and disruptive FinTech company that has developed proprietary technology that combines AI (artificial intelligence), ML (machine learning), image recognition, and automated regression analysis to analyze the art market. Coin Telegraph

• Emirates Draw has struck a strategic collaboration agreement with YottaChain International Holding Limited (DIFC), a premier technological firm specialized in the decentralization of data storage solutions, allowing crypto holders all over the world to participate in the Emirates Draw. In the initial stage, users will be able to make payments in USDT, a well-known and reliable token. In the future, DIFC will allow more coins to participate in Emirates Draw, making it easier for new crypto communities to join. Khaleej Times

• At the two-day Crypto Expo Dubai (CED) 2022, which brought together the biggest names in the blockchain and cryptocurrency industries, Bybit was named the Best Crypto Exchange. According to the announcement, Bybit was honored for its work in developing competitive pricing, ensuring a high level of security and openness, and learning the rules of its customers. Also, it is a reflection of the platform's recent expansion and user base. Finance Feeds

• Binance, the world's biggest cryptocurrency exchange, is all set to open a base in Dubai. It said in a statement that it has been given a Virtual Asset License, allowing it to function as a basis for regional development under Dubai's 'test-adapt-scale' virtual asset market model. Recently, the Emirate of Dubai enacted its first set of rules governing virtual assets. Binance has also said that it plans to establish a blockchain technology center at the Dubai World Trade Center in order to cultivate the next generation of blockchain pioneers. Outlook India

• While the demand for digital assets and currencies continues to grow, the Dubai government on March 9 introduced a new first-of-its-kind virtual asset legislation. Earlier this week, Brig. Dr. Saleh was a guest speaker at Expo 2020 Dubai's four-day first World Police Summit, which ended at the Dubai Exhibition Centre. Notably, he said, the Dubai Police would use cutting-edge technology, such as AI and blockchain, to help them avoid crimes, accidents, and other mishaps. Khaleej Times

• Marking its physical presence, its first time in Dubai since COVID-19, Binance Blockchain Week features some of the industry's biggest names, boldest thinkers, and cutting-edge technological advances. The conference will take place from March 28 to 30 and include live panels, fireside talks, and other special programs. In addition to Binance's Zhao, the event will include more than 80 speakers, including the co-founders of Alt Labs, William Quigley, the CEO of Tether and WAX, and Polygon's Sandeep Nailwal. Arab News

• This year's Dubai Crypto Expo 2022's Most Innovative Company Award went to METARUFFY's innovative approach to a metaverse universe. The prized "Most Innovative Company 2022" title was bestowed upon the metaverse initiative. In two days at the convention, the METARUFFY team's presence was a major topic of conversation, with guests from all corners of the globe flocking to the METARUFFY booth to get their hands on METARUFFY. Yahoo Finance

• Oly Sport Metaverse offered a unique VR experience at their booth which set them apart from the rest. By combining technologies like VR, the metaverse, and NFTs, users are in for an absolute treat. Oly Sport allows users to own NFT horses and race them to win virtual and real land, in-game. Coin Quora

• UAE-based crypto investor Cypher launches a $100M blockchain fund, Cypher Capital, a private venture capital firm rooted in the MENA region, has launched a 100 million USD Blockchain crypto private seed fund. The USD 100 million Blockchain fund will focus on investments in blockchain, crypto, and digital asset projects, with a special interest in projects in the Defi, GameFi, and Metaverse space. Coin Journal

• FIFA has announced that Crypto.com will be an Official Sponsor of the FIFA World Cup Qatar 2022?. The company will be the exclusive cryptocurrency trading platform sponsor of Qatar 2022? and will benefit from significant branding exposure both within and outside the tournament’s stadiums. “Crypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA’s global platform of football,” said Kay Madati, FIFA’s Chief Commercial Officer. FIFA

• Fiat-crypto payment solutions provider, Alchemy Pay, and GrePay, global acquirer and payments are bringing crypto payment services to UAE market. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will leverage GreyPay channels to connect crypto service providers to their global key markets including UAE (United Arab Emirates). One of GrePay’s payment channels that Alchemy Pay will first integrate is Payby, a leading UAE mobile payment provider. Unlock Media

• Why leading VC firms are choosing Dubai, Dubai’s ideal location within the GCC region, and with direct access to MENA’s emerging markets as well as the top-tier infrastructure and talent make the city one of the most appealing for VC firms. Additionally, the thriving innovation ecosystem, as well as the growth-encouraging regulatory environment, certainly demonstrate why Dubai showed a record of investments in 2021. Investment Monitor

?Latest Investment News

Crypto Oasis Sentio has added StarsArt to its investment portfolio. StarsArt is a TRUE DAO-based NFT marketplace with unique benefits for artists and creators - regulatory stability and cost-effectiveness.

Keys Token,?is a revolutionary start-up building its own real-estate-centric metaverse, powering real-estate and luxury-asset transactions on the blockchain and in the physical world. Crypto Oasis Sentio recently added?Keys Token?to the ecosystem and its investment Portfolio.

That's it for this week. We'll be back next Friday with more news.

Have a Great Weekend.