KEY POINTS

  • Dubai's Museum of the Future has partnered with Binance NFT
  • The museum's first NFT collection is titled 'The Most Beautiful NFTs in the Metaverse'
  • The first collection is reportedly all set to drop in the coming weeks

Dubai's Museum of the Future, an exhibition space for innovative and futuristic ideas, services, and products, has partnered with Binance NFT to develop and launch a range of digital products that will leverage blockchain technology.

The museum plans to debut its first-ever collection of non-fungible tokens, titled 'The Most Beautiful NFTs in the Metaverse.' The museum also aims to capitalize on the future of mixed reality, mobility, the metaverse, and other technologies that leverage blockchains.

"Museum of the Future's partnership with the world's largest cryptocurrency and blockchain ecosystem player makes a significant contribution towards Dubai's plans to establish a new international digital asset ecosystem," said Omar bin Sultan Al Olama, minister of state for digital economy and teleworking applications.

Interestingly, Binance was granted a Virtual Asset License in Dubai in March and is now permitted to extend limited exchange products and services to pre-qualified investors and professional financial service providers.