NFTs represent a golden opportunity for organisations looking to take back control of their brands and grow their online communities, according to Ali Sajwani, CEO of D-Labs and General Manager – Operations at UAE-headquartered DAMAC Properties.

The blockchain data platform Chainalysis recently conducted research that reveals the price of blockchain-based virtual real estate (VRE) increased by 879% between September 2019 and March 2022.

Leegree Ltd., a company that creates exciting social games that challenge the norm – BEAT MY TEAM (BMT) – is bringing the unique fantasy sports game to football fans and gamers in the region.

Robocom VR, a virtual reality gaming company based in the Middle East, plans to release 10,000 NFTs on June 21st under its newly-established lifestyle brand, Art of Mob.

NFTs are digital assets that have unique codes stored on the blockchain that prove their authenticity and ownership. With 5G delivering lower latency, quicker speeds, and lower capacity, there are no limits to the innovative ways this technology can be applied in the NFTs industry. The network that supports NFTs must provide lightning-fast connectivity to allow bidding down to the millisecond.