The Dubai Racing Club (DRC) announced the launch of an NFT (non-fungible token) artwork collection.
The art collection is part of the club’s efforts to merge the digital and physical realms, as well as to position the horse racing industry as a growing market sector. The announcement comes amid a flurry of NFT announcements in the region as Dubai strives to become a Web3 technology hub. According to Dubai Racing Club Chairman Sheikh Rashid bin Dalmook Al Maktoum, horse racing is a “integral part of the DNA of Dubai,” and the club believes it is time to take the sport to a “whole new level from a technological standpoint.”
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The Dubai Racing Club (DRC) announced the launch of an NFT (non-fungible token) artwork collection.
The art collection is part of the club’s efforts to merge the digital and physical realms, as well as to position the horse racing industry as a growing market sector. The announcement comes amid a flurry of NFT announcements in the region as Dubai strives to become a Web3 technology hub. According to Dubai Racing Club Chairman Sheikh Rashid bin Dalmook Al Maktoum, horse racing is a “integral part of the DNA of Dubai,” and the club believes it is time to take the sport to a “whole new level from a technological standpoint.”
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
