Central Asia and MENA Gain Crypto Attention
Both BNB Chain and Binance have made headlines in the first days of February as each has attended or announced upcoming events in the region. The region represents a stronghold for Binance where it is home to several operating licenses.
Representatives from Binance, Binance Academy, BNB Chain, and TrustWallet attended the Digital Almaty International Forum in Almaty, Kazakhstan. The team members hosted a panel at the event which featured BNB Chain’s Head of Developer Relations, Zoe Wei. Binance received a license to operate in the country in late 2022.
Binance CEO, Changpeng Zhao (CZ), also seems to be making rounds in the MENA region. CZ will be speaking at the Satoshi Roundtable IX in Dubai on February 3rd. The famous CEO also tweeted about how many events are happening around the United Arab Emirates. Binance secured an operating license in Dubai in Spring of 2022.
And finally, BNB Chain announced it will be partnering with Fellaz to bring Non-Fungible Token (NFT) ticketing to the Ultra Music Festival in Abu Dhabi on March 4 and 5, according to a February. 1 blog post from DARDANIA.BNB. The major EDM festival will implement a seamless and secure Web3 ticketing experience for attendees.
“Our NFT ticketing solution will allow for the use of NFTs to provide a secure and tamper-proof way to verify ticket authenticity and offer a convenient experience for fans,” said Alvin Kan, Director of Growth and Ops at BNB Chain in the blog. “This is a major step forward in the use of blockchain technology in the entertainment industry and we’re confident it will set a new benchmark for Web3 fan engagement and entertainment applications.”
Binance also held a Women in Crypto event in Dubai on February 2 that had several panels, keynote speeches, and a speed networking portion. The event hosted dozens of women interested in blockchain and Web3.
What is BNB Chain:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
What is Binance:
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.