Dubai Police will unveil its next collection of non-fungible tokens (NFTs) during GITEX 2022, Dubai’s biggest technology conference, the police force said in a statement late Sunday.
Dubai Police is the United Arab Emirates’ first government entity and first police force in the world to create its own digital assets, Director of the General Department of Artificial Intelligence at Dubai Police Brigadier Khalid Nasser al-Razooqi said.
For all the latest headlines follow our Google News channel online or via the app.
The next collection will feature 150 free digital assets that symbolize the police force’s security, communication, and innovation values.
Al-Razooqi said that people in the UAE and abroad will be able to own these digital assets for free by participating through Dubai Police’s social media platforms.
The first NFT collection was released during the second quarter of this year and attracted more than 22 million people from all over the world who registered their interest in obtaining an NFT from the collection.
Dubai Police received over 7,000 direct messages from participants through its social media platforms after the announcement.
“All participants were contacted to confirm digital wallet addresses, and those who met the requirements were shortlisted in a raffle draw, of which 150 individuals won and received Dubai Police digital assets for free,” al-Razooqi said.
“The five most interactive countries with the Dubai Police announcement in local and international news were: the UAE, Nigeria, India, United States of America, and Saudi Arabia. The total views of Dubai Police NFT-related news reached 589,173 views, of which 418,693 were on Twitter, 24,282 on Facebook, and 146,198 on Instagram,” he added.
Read more:
Price of virtual real estate on the metaverse soars 879 percent in 18 months: Study
Global NFT spending on track to reach all-time high, with $37bln spent so far
NFT fraud: Money laundering and wash trading on the rise, expert warns
Also Read
-
NFT fraud: Money laundering and wash trading on the rise, expert warns
Non-fungible token (NFT) scammers have made more than $8.8 million in illicit profits, blockchain data platform Chainalysis told Al Arabiya ... Features -
Crypto lender Nexo issues $3.3 mln Zombie NFT-backed loan
Crypto lender Nexo says it has issued one of the largest loans backed by NFTs in crypto’s history and that two rare CryptoPunks Zombies were used as ... Technology -
Bored Ape NFTs hit hard as crypto market sinks
Popular NFT collections, including the celebrity-favored Bored Ape Yacht Club (BAYC), are being hit hard as the crypto market sinks. The NFT Index, ... Technology -
Global NFT spending on track to reach all-time high, with $37bln spent so far
Spending on non-fungible tokens (NFTs) continues to soar in 2022, with $37 billion already sent to NFT marketplaces so far this year, new research ... Technology
